Stories by Kristi Essick

  • AT&T buys IBM Global Network for $US5 billion

    Ending months of speculation about which suitor would step up to buy IBM's Global Network business, AT&T announced last week [subbed] that it will acquire the division for $US5 billion in cash. The deal also entails the two organisations entering into outsourcing contracts with each other. IBM will outsource a large portion of its global networking needs to AT&T under a contract valued at $US5 billion, while the telecommunications giant will outsource certain applications processing and data centre management functions to IBM in a separate $US4 billion deal.

  • A Big Mac on my smart card

    "One Big Mac, a small Coke and fries coming right up. Will that be cash or smart card?" At 870 McDonald's restaurants across Germany, the familiar clink of the cash register will soon be replaced, in part, by a payment system that allows customers to pay for goods using stored-value smart cards.

  • Oracle's Ray Lane says a PC can be an NC

    Organisations will have to rethink their entire business plans in terms of a shared network between employees, customers and partners in the next few years, according to Ray Lane, president and chief operating officer of Oracle.

  • HP's Platt outlines rules for business in Internet age

    You've probably heard of Moore's Law, and probably even Metcalfe's Law, but this week Hewlett-Packard chairman, CEO and president Lewis Platt outlined a set of rules for successful business practices in the Internet age that he dubbed "Lew's Laws".

  • Gates conjures up Windows-based watches and TVs

    Microsoft's Bill Gates is predicting a world a few years down the line where Internet appliances such as smart phones, intelligent wristwatches and Web-enabled televisions outsell PCs, and he said that Microsoft will do everything in its power to make sure a version of Windows runs on these devices.

  • Put a Big Mac on my smart card, please!

    "One Big Mac, a small Coke and fries coming right up. Will that be cash or smart card?" At 870 McDonald's restaurants across Germany, the familiar clink of the cash register will soon be replaced, in part, by a payment system that allows customers to pay for goods using stored-value smart cards.

  • IBM in legal hot water over e-commerce name

    IBM may face a startup called E Technologies Associates LLC in French and Dutch courts over the use of its "e-business" logo, which the two-person company claims is in violation of a trademark it registered before IBM did, according to published reports last week.

  • UPDATE -- CA wants to buy Computer Sciences

    Computer Associates International (CA) has made an offer to acquire outsourcing giant Computer Sciences Corp (CSC) for $US9 billion in a deal that would create a 50,000-person company worth $US11 billion, the company announced today. Under the terms of the bid, CSC shareholders would receive $US108 in cash for each share of common stock, according to CA.