Microsoft Corp.
Earnings season kicked off on Wall Street with mixed results. Alcoa was the first Dow member to report its quarterly earnings, beating analyst expectations with a profit of 47 cents a share. The Dow Jones Industrial Average closed up slightly, with Alcoa leading the pack. Other companies, such as Microsoft
Software
Microsoft has agreed to limit its investment in UK cable operator Telewest to a minority stake, abandoning plans for joint control with Liberty Media, in a move welcomed by the European Commission. The Commission had expressed concerns that the deal could stifle competition in the digital set-top box market. This
Software industry
The global tech industry has been faced with increased regulatory scrutiny and growing security concerns, as evidenced by the latest news from various sectors. The Federal Trade Commission (FTC) has shut down an Internet pyramid scheme that promised to lease "dream cars" for free, netting over $2.9
Software industry
IBM, Intel, and Microsoft recently announced a groundbreaking effort to demonstrate the power of industry-standard servers, achieving a record-breaking 440,879 transactions per minute on a cluster of Netfinity servers running Intel Pentium III Xeon processors and Microsoft Windows 2000 Advanced Server. This feat triples the performance of Oracle running
Software
The troubled British computer game developer Eidos is being aggressively pursued by French software conglomerate Infogrames Entertainment. Industry insiders have confirmed that the two companies are engaged in talks for a potential all-share merger, with Infogrames poised to offer approximately 700p per Eidos share. This valuation would place Eidos'
Microsoft Corp.
Lawrence J. Ellison, chairman and founder of Oracle Corporation, defended the company's yearlong spying operation against Microsoft as a necessary act to uncover Microsoft's hidden ties with advocacy groups. Ellison described the operation as a form of investigative reporting, akin to journalists exposing corruption. The spying,
Microsoft Corp.
Oracle Corp. Chairman Larry Ellison depicted his company's spying campaign against rival Microsoft Corp. as a public service, claiming they were exposing Microsoft's own "little Watergate." Ellison defended the company's hiring of investigative firm Investigative Group International Inc. to look into trade
Microsoft Corp.
The Supreme Court has agreed to accept a briefing schedule submitted by the federal government and Microsoft Corp. in the landmark antitrust case. Under this schedule, Microsoft will file its jurisdictional statement on July 26, outlining the reasons why the case should proceed through the lower appeals court first. The
Microsoft Corp.
The US Justice Department has asked a federal judge to send Microsoft's appeal of the antitrust ruling directly to the Supreme Court, citing the importance of a prompt resolution for consumers and the national economy. Microsoft has opposed this request, arguing that its appeal should be heard by
Microsoft Corp.
Microsoft Corp. is fighting the federal government's effort to expedite its landmark antitrust case to the Supreme Court, requesting that Judge Thomas Penfield Jackson rule on the company's motion to forestall the break-up plan he ordered last week. The company's attorneys argue that the
Microsoft Corp.
Federal Judge Thomas Penfield Jackson has rejected Microsoft's request to stay the court's ruling on conduct remedies in the company's antitrust case. Microsoft had filed a motion to stay all provisions of the judgment pending appeal, but the Justice Department argued that it was
Microsoft Corp.
Democratic and Republican lawmakers today lambasted a US District Court decision to split Microsoft into two companies, calling it anti-consumer and expressing confidence that the ruling would be overturned on appeal. Congressional leaders, including Rep. Jay Inslee and Senator Slade Gorton, praised Microsoft's potential to create innovative products
