Stories by Peter Sayer

  • Symantec will buy Veritas for US$13.5B in stock

    Symantec will buy Veritas Software in an all-stock transaction, the companies announced Thursday. Based on Wednesday's closing stock prices, the deal values Veritas at around US$13.5 billion, they said.

  • Paris city authority hedges bets on Linux move

    The city of Paris intends to reduce its dependence on software suppliers with "de facto monopolies," but considers an immediate switch of its 17,000 desktops to open source software too costly, it said Wednesday.

  • Unisys to lay off 1400 workers

    Unisys plans to cut 1400 jobs, primarily in general and administrative areas, and consolidate its office space worldwide. The cuts represent 3.8 per cent of the company's staff of 37,000.

  • Philips lowers forecast for chip division

    Two days after announcing that the head of its semiconductor business will leave the company, Philips Electronics lowered its forecast for the chip division's third-quarter sales.

  • Microsoft tests IPTV in Switzerland

    Microsoft has turned to a Swiss telecommunication operator for the first commercial trial of its system that delivers television signals to consumers over a broadband telecommunications network.

  • OECD task force on spam

    The Organization for Economic Cooperation and Development (OECD) is taking the fight against unsolicited commercial e-mail to Asia next month, where it will hold a meeting to discuss the priorities for its newly created task force on spam, it announced Thursday.

  • HP grows Q3 revenue but servers disappoint

    Hewlett-Packard (HP) reported solid revenue growth for its fiscal third quarter Thursday, boosted by sales in its Personal System Group. However, it said that performance in its Enterprise Servers and Storage Group was "unacceptable," and that it would make immediate management changes.

  • DVD X Copy vendor shuts doors

    Lawsuits have forced the closure of 321 Studios, a developer of software for copying DVDs, according to a notice posted on the company's Web site.

  • Gates gives progress report on fight against spam

    Customers of Microsoft's Hotmail service play an integral part in the company's fight against junk e-mail, Chairman and Chief Software Architect Bill Gates said in an open letter Monday. He also dismissed the idea of generating revenue from spammers by imposing a charge for sending e-mail.

  • Intel Capital makes digital home investments

    Intel Corp.'s capital arm, Intel Capital, has invested in four wireless and networking technology companies in the hope of solving interoperability, bandwidth and distribution problems in home entertainment devices, it said Wednesday.