Monthly Archives: July 2002

Army Research Web Site Hacked

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An attacker defaced a page on the U.S. Army Research Laboratorys Web site Friday with a message criticizing the military organization for supplying weapons...

SAP Meets Lowered Financial Forecast

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Blaming the slumping economy and, to a larger extent, the ongoing accounting crisis in the U.S., German enterprise software maker SAP AG this morning...

AMD Loses $185 Million in 2Q

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Advanced Micro Devices Inc., the worlds second largest PC chipmaker, posted a quarterly loss of $184.9 million on Wednesday, even worse than analysts already...

EMC Inches Forward Revenue

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For the second financial quarter, storage specialist EMC Corp. inched forward its revenue to $1.39 billion, with $.01 per share loss, compared with last...

Nokia Reports Rise in Profits for 2Q

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Finnish cell phone giant Nokia Corp. on Thursday announced that profits rose 46 percent in the second quarter, although sales declined 6 percent.The Espoo,...

Commerce One Sales Sink

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Commerce One Inc. late Tuesday announced that sales were down dramatically in the second quarter compared with the same quarter last year, and introduced...

Jobs Unveils Jaguar Server

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Apple Computer Inc. Wednesday announced the next update to its UNIX-based Mac OS X Server software, version 10.2. While the client version of Apples...

Siebel to Cut 1,100 Jobs

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Siebel Systems Inc. will eliminate more than 1,100 jobs, about 15 percent of its workforce, this quarter as it scales down its business in...

Pittman to Leave AOL Time Warner

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In a move financial analysts were expecting all week, Bob Pittman resigned as chief operating officer of AOL Time-Warner Inc. Thursday. At the same...

Akamai Posts Lost, Remains Optimistic

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Akamai Technologies Inc. Wednesday reported its second quarter 2002 financial results showing a loss, though smaller than that of the same period a year...