WorldCom slices $79.8B off balance sheet in write-downs
Telecommunications company, WorldCom, has written off $US79.8 billion in goodwill and other assets as it struggles to recover from the largest bankruptcy in US history.
Stories by Tom Krazit.
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Dell lays off portion of US product development group
Dell Computer has recently laid off 20 to 30 people in a product development group in program management, engineering and software testing roles in a bid for increased efficiency, a company spokesman said.
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Intel narrows Q1 revenue guidance
Intel has reaffirmed its first-quarter revenue guidance, predicting that slightly higher sales of its PC and server processors will be offset by slightly lower sales of communications processors.
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HP targets Dell in 'two-horse' PC race
After bringing its PC business back to profitability for the first time in several years, Hewlett-Packard (HP) is setting its sights on rival PC vendor Dell Computer this year as its looks to maintain its slight edge in market share, according to HP executives.
