Wednesday, June 29, 2005

Judge denies Novell's second request to stop SCO suit


All the week's financial news, 06/29/05
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Network World's Financial News Alert

Judge denies Novell's second request to stop SCO suit, 06/28/05

The SCO Group's slander lawsuit against Novell is now set to
enter the discovery phase after Novell's attempts to again halt
proceedings failed. The judge in the bitter legal battle denied
Novell's second motion to dismiss the case late Monday.
<http://www.networkworld.com/news/2005/062805-novell-sco.html?nl>

AMD outlines anti-trust case, seeks trial by end of '06,
06/28/05

Advanced Micro Devices hopes to bring its anti-trust case
against Intel before a jury by the end of next year and reveal
the extent of Intel's alleged conduct through documents and the
testimony of industry insiders, AMD executives said Tuesday.
<http://www.networkworld.com/news/2005/062805-amd-case.html?nl>

Corel appoints IBM veteran as new CEO, 06/28/05

Canadian desktop applications vendor Corel has a new man at the
top. Former IBM executive David Dobson is the company's new CEO,
Corel announced Tuesday.
<http://www.networkworld.com/news/2005/062805-corel-ibm.html?nl>

Ebbers could get life sentence, 06/28/05

Federal prosecutors are considering an 85-year sentence for
former WorldCom CEO Bernard Ebbers, according to published
reports.
<http://www.networkworld.com/news/2005/062805-ebbers.html?nl>

Cisco buys Netsift, 06/27/05

Cisco Monday said it has agreed to pay $30 million for a
year-old start-up, Netsift, which develops deep packet
processing technology. Netsift's system can be used for
detecting network attacks as they happen.
<http://www.networkworld.com/nlfinancialnewsa2915>

SEC investigating IBM stock option accounting, 06/27/05

The U.S. Securities and Exchange Commission has launched an
informal investigation into the way IBM reported stock options
in its most recent financial statements, the Armonk, N.Y.,
company said Monday.
<http://www.networkworld.com/news/2005/062705-sec-ibm.html?nl>

Whale CEO faces challenges, 06/27/05

SSL VPN vendor Whale Communications recently appointed Roger
Pilc as its new CEO. On his first day on the job at Whale, Pilc
spoke to Network World Senior Editor Tim Greene about plans to
reverse market-share loss and move the company forward.
<http://www.networkworld.com/news/2005/062705-whale-pilc.html?nl>

Computer Associates acquires Tiny Software, 06/27/05

Computer Associates announced it has acquired Santa Clara,
Calif.-based Tiny Software, a maker of Windows-based desktop and
server firewall products, for an undisclosed amount.
<http://www.networkworld.com/news/2005/062705-ca-tiny.html?nl>

Symantec, Veritas shareholders give green light to merger,
06/24/05

Symantec and Veritas on Friday announced that their respective
shareholders have approved the merger of the two companies, with
Symantec acquiring Veritas in an exchange of common stock for
1.1242 shares of Symantec common stock at the official closing.
<http://www.networkworld.com/nlfinancialnewsa2916>

Oracle appoints new president and CFO, 06/24/05

Oracle Friday said it has appointed Gregory Maffei, a former
Microsoft executive, as president. He will also take on the role
of CFO.
<http://www.networkworld.com/nlfinancialnewsa2917>

EMC, Sun make nice with Solaris support, 06/23/05

Sun and EMC, sometime bitter rivals in the storage arena, are
collaborating to make life simpler for customers running EMC
software on Sun's Solaris 10 operating system, the two companies
announced Thursday.
<http://www.networkworld.com/news/2005/062305-sun-emc.html?nl>
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To contact:

Contact Online News Editor Jeff Caruso at
<mailto:jcaruso@nww.com>
_______________________________________________________________
Business Continuity - is it practical?
A Special Report produced by Network World, sponsored by NSI

All forward thinking network executives must consider the
possibilities of system loss. So what are the options for a
comprehensive data protection and recovery strategy? Download
the special report Cost-effective Application Protection and
Recovery and read about creating a plan and factoring cost along
with other insightful and timely information.
http://www.fattail.com/redir/redirect.asp?CID=107410
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