Stories by Clare Haney

  • Corel to slash 21 per cent of staff

    Corel announced last week it will cut its workforce by around 21 per cent in order to reduce costs. The action is part of an ongoing plan by the troubled Canadian software vendor to save $US40 million through cost-cutting measures.

  • IBM sacks 1000 of its US services staff

    IBM is laying off just under 1000 of its US services staff, equivalent to 0.3 per cent of its total workforce, in part due to the completion of projects related to the year 2000 problem, a company spokesman confirmed last week.

  • IBM laying off around 1000 US services staff

    IBM is laying off just under 1000 of its US services staff, equivalent to 0.3 per cent of its total workforce, in part due to the completion of projects related to the year 2000 (Y2K) problem, a company spokesman confirmed yesterday.

  • Corel gains extra financing, loses key staff

    Troubled Canadian applications vendor and Linux distributor Corel received both good and bad news last week. The company announced some much-needed extra financing, but also the resignations of two senior executives.

  • AOL, Compaq, Gateway, Sony invest in Transmeta

    Chip startup Transmeta this week announced it has added some powerful investors, with the closing of a round of financing valued at $US88 million. America Online (AOL), Compaq, Gateway 2000 and Sony are among the new corporate investors in the privately owned chip vendor.

  • DOJ closes investigation into CA, Sterling

    The US Department of Justice (DOJ) has concluded its investigation into Computer Associates International's proposed purchase of Sterling Software, meaning that the acquisition can now go ahead, CA said yesterday.

  • Informix sued by IBM over patents

    With the settling of securities litigation behind it, Informix might well have hoped legal woes were a thing of the past. However, the US database and tools vendor is now facing a patent infringement lawsuit from IBM and is likely to file a counter-suit against Big Blue within the next 30 days.

  • Microsoft reports healthy Q2 revenue

    Microsoft yesterday announced strong second-quarter results for fiscal 2000, reporting revenue of $US6.1 billion for the quarter ending on December 31. The company cited both continuing demand for its Office application suite and its SQL Server database along with growing demand in Asia as contributing factors to its good financial showing.

  • Intel reports strong Q4, fiscal '99 results

    Chip giant Intel announced good fourth quarter and fiscal 1999 results today, citing strong demand for its microprocessors, chip sets, motherboards and flash memory. Revenue for the company's fourth quarter ended December 25, 1999, rose 8 per cent on the year-ago quarter to reach $US8.2 billion, Intel said in a statement.

  • 1999: the IT year in quotes

    Gathered here for your delectation and amusement is a choice selection of quotes from the luminaries in the IT industry mirroring the major events of 1999.