Computer industry
At just 39 years old, Bill Gates has reached the pinnacle of wealth and power, becoming the world's richest man with a net worth of $12.9 billion. Forbes magazine crowned him the top magnate, surpassing Japanese real estate tycoon Yoshiaki Tsutsumi, who had held the spot for
Computer industry
The solicitors' guarantee fund, once a symbol of trust between the legal profession and the public, has been left severely drained after a series of mishandled investments. The fund, which is supposed to compensate victims of solicitors' misconduct, now faces a $25 million shortfall, with some clients facing
Computer industry
The US Olympic Festival '95 in Denver is set to be a high-tech event, made possible by the contributions of nearly two dozen firms providing hardware, software, and implementation services valued at over $500,000. The festival, which will attract 3,600 athletes and track over 10,000 volunteers,
Computer industry
Westcott Communications, Inc., a pioneer in delivering workplace training and education, has made a significant move in the business education sector by announcing the launch of its Executive Education Network (EXEN). This innovative program provides live, interactive educational programming from top business schools to corporate locations nationwide, marking a new
Computer industry
ATI Technologies Inc. today announced its first product for Apple's PCI-based systems, the XCLAIM GA graphics accelerator board. The company has also won an OEM contract to supply graphics accelerators for Power Macintosh 9500/120 systems. The XCLAIM GA uses ATI's highly regarded "mach64"
Computer industry
Andrea Electronics Corp. has announced that it has entered into a procurement agreement with IBM for its Andrea Anti-Noise(TM) Active Noise Cancellation (ANC) products. This agreement grants IBM certain exclusive worldwide rights to market, sell, distribute, and support Andrea Anti-Noise(TM) products in the personal computer (PC) market. The
Computer industry
Total Research Corporation, a leading research-based information services company, has announced the signing of $2 million in new business from prominent clients in the United States and Europe. The company's Information Technologies Division secured a major contract from IBM, while its Health Care Division won two significant projects
Computer industry
IBM's purchase of Lotus for $3.55 billion is a strategic move to supplement its declining mainframe revenue stream and capitalize on the growing market for professional services. As part of the transaction, IBM Chairman Louis Gerstner has announced that Jim Manzi will retain his position as CEO
Computer industry
IBM, the American technology conglomerate, has made a significant move in the software industry by launching a $3.3 billion hostile bid for Lotus Development, the third-largest maker of personal computer software in the US. This bid, if successful, would be the largest in the software industry to date. IBM&
Computer industry
In a strategic move, IBM is bidding $3.3 billion for Lotus Development Corporation, marking a significant shift in the software industry. As Louis Gerstner, IBM's CEO, emphasizes the importance of software in today's computer world, hardware is being treated as a commodity. This acquisition confirms
Computer industry
IBM has introduced the first PC server that can run both PC and mainframe-based applications, called the IBM PC Server 500 S/390. This innovative server combines the reliability and high performance of the PC Server 500 with System/390 architecture, enabling application developers to write and test mainframe applications
Computer industry
The Mind Path Remote Control, the first IRDA-compliant remote control, has been selected by IBM Corporation to ship with the innovative ThinkPad 755CV Notebook computer. This all-in-one presentation system includes a built-in LCD projection panel, allowing users to create and deliver presentations with ease. The remote control offers 5-channel switching,
