PlanetRx finds no cure, will liquidate assets
Struggling online drugstore PlanetRx.com Inc.'s board of directors has approved a plan to liquidate all the company's assets, including its Memphis distribution center.
Struggling online drugstore PlanetRx.com Inc.'s board of directors has approved a plan to liquidate all the company's assets, including its Memphis distribution center.
Microsoft today said it has completed a promised software update for all of its Windows operating system releases dating back to 1995 as part of an effort to combat a pair of fraudulent digital certificates that were mistakenly issued by VeriSign.
Drug manufacturer Pfizer, IBM and Microsoft are forming a joint venture aimed at developing software and services to cut the amount of administrative paperwork in doctors' offices, the companies said today.
nternet consulting firm Viant, said today that it will slash 38 percent of its workforce, or 211 employees, and close its offices in Houston, San Francisco and Munich, Germany, in an effort to reduce costs.
Imagine a national network of pipes, some as small as one foot in diameter and half a mile long, for transporting mail or machine parts between two buildings, and others as large as six feet in diameter and hundreds of miles long for intercity and interstate freight shipment. Sound far-fetched? Not to Professor Henry Liu, director of the Capsule Pipeline Research Center (CPRC) at the University of Missouri in Columbia.
In the wake of lackluster third-quarter earnings, software maker Oracle said today it is reducing its worldwide workforce by up to 2 percent, or about 866 jobs.
Computer Sciences today became the latest IT consulting and services firm to announce cutbacks, saying it will eliminate 700 to 900 jobs because of revenue and earnings that are far lower than expected.
United Parcel Service Inc. has added two new tools to its online toolbox, enhanced two others and made all of them available in XML.
Size really does matter, at least for the Internet Advertising Bureau (IAB). The New York-based trade group last month issued new guidelines for larger online ads, giving electronic retailers more space to market their products on the Internet.
Supercomputer maker Cray Inc. and Japanese rival NEC Corp. have buried the hatchet and signed an agreement under which Cray will sell NEC's vector supercomputers in the US and the two companies will ask the federal government to drop massive antidumping duties that have been imposed against those machines since 1997.
Twelve IT companies have joined with NASA and Pittsburgh-based Carnegie Mellon University to form a computing consortium to develop highly dependable, affordable software systems.
Struggling software vendor Geac Computer Corp. Friday reported a fiscal second-quarter loss of US$37.2 million due to a one-two punch of weak enterprise application sales and the fact that users are taking longer to make decisions about buying its product.
Dell Computer Corp. this week announced a series of new servers in a bid to broaden its appeal to corporate users.
Dell Computer Corp. today announced a series of new servers and customer service offerings in a bid to broaden its appeal as an enterprise-level vendor for corporate users.
IBM Corp. today named a chief privacy officer, joining the increasing number of companies that are appointing executives to oversee their data privacy policies and initiatives.