IT Market Watch News AlertThis newsletter is sponsored by QuantumNetwork World's IT Market Watch News Alert, 09/18/07Verizon sues FCC over open-access auction, 09/14/07: Verizon Wireless has encountered strong opposition for its request that an appeals court overturn U.S. Federal Communications Commission auction rules on a portion of wireless spectrum. Microsoft loses appeal against EU antitrust ruling, 09/17/07: Microsoft failed Monday in its bid to overturn a European Commission antitrust ruling against it, when the European Union's second-highest court dismissed the company's appeal and ordered it to pay the bulk of the Commission's legal expenses. SEC charges four ex-Nortel execs with fraud, 09/13/07: The Securities and Exchange Commission this week charged four more former Nortel executives with engaging in a 2003 accounting fraud by manipulating reserves to manage Nortel's earnings.
Microsoft, Accenture sign $185M outsourcing deal, 09/13/07: Microsoft on Thursday deepened its existing partnership with Accenture by signing a seven-year, $185 million outsourcing contract for a range of finance, accounting and procurement services that could become a showcase for Microsoft’s ERP applications. NTP sues Verizon, AT&T, Sprint Nextel and T-Mobile , 09/12/07: Following its successful patent suit against Research in Motion, NTP has now set its sites on the major telcos. Alcatel-Lucent slashes forecast for year, 09/13/07: Alcatel-Lucent cut its revenue forecast for the year on Thursday, underscoring the challenges the newly merged company faces in a highly competitive communications equipment industry. Azul Systems cheats death with $40 million bailout, 09/13/07: Azul Systems, which makes Java “network-attached processing” servers offering as many as 768 cores of processing power, landed $40 million in rescue financing Thursday, which should give the company more time to find a market for its unique products. EMC could face class action discrimination lawsuit, 09/12/07: EMC could face a sexual discrimination class action lawsuit, if a judge opens an existing case up to other female EMC workers, the Wall Street Journal reported Wednesday. Court stays import ban while Qualcomm appeals, 09/13/07: U.S. mobile users waiting for the next crop of phones could breathe a sigh of relief Wednesday when the U.S. Court of Appeals for the Federal Circuit granted a stay on an import ban against handsets that use some Qualcomm chips. South Korea nears antitrust decision against Intel, 09/12/07: South Korean antitrust regulators have issued preliminary allegations against Intel for allegedly undermining competition in its PC microprocessor market, but formal charges won't be made for at least another month. Adam Bosworth leaves Google, 09/11/07: Google has lost the services of Adam Bosworth, a vice president of engineering who was in charge of the company's Google Health project, focused on helping people research medicines, illnesses, treatments and related healthcare topics. PatchLink born again as Lumension Security, 09/11/07: Patch management company PatchLink is no more, but its demise is not bad news. The company has changed its name to Lumension Security. |
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