Office equipment industry
European companies, particularly those in the telecoms sector, have been making significant strides in issuing corporate bonds to finance their expansion plans. The latest example is Mannesmann, which raised €3bn ($3.2bn) in the largest ever bond issue from a European company, exceeding the €2.5bn issued by Olivetti in
Office equipment industry
Industry leaders IBM, Novell, Oracle, Sun Microsystems, and the Sun-Netscape Alliance have come together to establish standards for knowledge and skill levels for enterprise developers in the Java technology. This initiative aims to promote common standards for the skills validation of Java technology developers at three levels, from programmers using
Office equipment industry
China's Legend Group, the country's largest PC manufacturer, has entered the world's top 15 companies in terms of market share in 1998, according to the International Data Corp (IDC). This achievement comes as the Asian region witnesses a significant surge in e-commerce, with the
Office equipment industry
Oracle has maintained its leadership position in the database market, with Microsoft's growth declining by more than 50 percent year-over-year. The leadership position of Oracle in the database market has been confirmed by IDC in its 1998 DBMS and RDBMS report. According to IDC, Oracle's RDBMS
Office equipment industry
The federal government's attack on Microsoft is a pricey and misguided endeavor, with estimates suggesting a cost of $30 million to $60 million, dwarfed only by the $40 million spent by Ken Starr during his investigation of President Clinton. This pursuit is further highlighted by the government'
Office equipment industry
Over 6,000 senior executives from global industry corporations will convene in Paris to understand how strategic Java technology solutions can help enterprises gain a powerful advantage in today's fast-changing business environment. The Java Enterprise Solutions Symposium (JESS) will feature keynote presentations from Sun Microsystems executives, including Ed
Office equipment industry
Business inventories in the United States rose by 0.4 percent in February to $1.091 trillion, with retailers playing a significant role in the increase. This comes as retailers added stocks to keep up with strong sales, with retail sales surging 1.7 percent in February, the largest increase
Office equipment industry
TRW Inc., a global technology company, has formed a team with ITT Industries, SAIC, IBM, Harris Corp., and Oracle Consulting to pursue the Air Force Integrated Space Command and Control (ISC2) contract, worth up to $1.5 billion. The contract, valued at over $100 million per year for up to
Office equipment industry
A rapidly spreading macro virus, W97M.Melissa, has been infecting files and sending emails to 50 addresses without users' knowledge. Discovered by Symantec on March 26, the virus has the potential to cause significant disruptions to corporate networks. To help affected companies, IBM's Virus Emergency Response Service
Office equipment industry
Telecom Italia has agreed to pay €22.9bn in cash for a 40% stake in its cellular unit, Telecom Italia Mobile (TIM), in an effort to bolster its defenses against Olivetti's €52.6bn hostile bid. The move is expected to force Olivetti to raise its proposed €10 a
Office equipment industry
The US stock market experienced a significant decline on March 19, with the Dow Jones Industrial Average unable to maintain the psychologically significant level of 10,000. The Dow Jones Industrials, which had risen as much as 127.09 and briefly surpassed 10,000, ultimately fell 94.07 to 9,
International Business Machines Corp.
In recent developments across Ohio, several regional businesses have announced significant acquisitions, marketing alliances, and leadership appointments. Fifth Third Bancorp, a Cincinnati-based bank, has signed an agreement to acquire the Emerald Financial Corporation, parent of The Strongsville Savings Bank, while the NCR Corporation in Dayton has partnered with the Tennessee-based
