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Technology - AP |
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IBM Issues First Quarter Warning
Mon Apr 8, 5:30 PM ET IBM Corp. stock dropped more than 10 percent Monday after the company warned that its first-quarter profits would be well below analysts' expectations. Mon Apr 8, 5:33 PM ET Ameritrade, whose $8 rates and quirky TV commercials made it a household name, said Monday it is buying rival Datek for $1.29 billion in stock to form the nation's busiest online brokerage. Engineer Testifies Against Microsoft Mon Apr 8, 3:55 PM ET Antitrust penalties sought by nine states would protect emerging Internet communications products from interference by Microsoft, an employee of telephone giant SBC Communications testified Monday. Judge to Let Hewlett Suit Go Forward Mon Apr 8, 6:47 PM ET A Delaware state judge ruled Monday that dissident shareholder and Hewlett-Packard Co. director Walter Hewlett can try to block the company's $19 billion merger with Compaq Computer Corp. Compaq Expects to Beat Expectations Mon Apr 8, 6:07 PM ET Compaq Computer Corp., the nation's second-biggest maker of personal computers, said Monday it expects to meet or beat Wall Street's expectations for its first quarter earnings. Global Crossing Names 3 to Board Mon Apr 8, 5:54 PM ET Global Crossing Ltd. appointed three outside directors to its board Monday, seeking to bring some independence to the troubled network operator that is under scrutiny by federal investigators, lawmakers and dozens of potential bidders. Enterasys to Cut 730 Jobs Mon Apr 8, 5:40 PM ET Enterasys Networks Inc., already undergoing an executive shake-up amid a securities investigation and lower-than-expected revenues, is cutting its work force by 730 jobs, or 30 percent. Microsoft Seeks Movie-TV Partner Mon Apr 8, 6:25 AM ET Microsoft Corp. is moving forward with its efforts to court entertainment industry companies as it tries to move into yet another new market movie and television distribution. FBI Survey Finds Computer Attacks Up Sun Apr 7, 5:26 PM ET Most large corporations and government agencies have been attacked by computer hackers, but they frequently do not inform authorities of the breaches, an FBI survey finds. Sabre Expects to Acquire Travelocity Mon Apr 8, 5:50 PM ET Sabre Holdings Corp. said Monday it has acquired enough shares to take full control of Travelocity.com Inc. and expects to complete its $420 million takeover of the Internet company on Thursday. Earlier Stories
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