VCs Will Cover Common Ground In '02
Despite signs the economy could rebound, venture investors are proceeding with caution and focusing on familiar territory, but a rise in corporate spending could cause VC purse strings to loosen.
Yahoo To Scoop Up HotJobs
Responding to an ultimatum that it match a competitive offer, TMP Worldwide decides not to beef up its proposal to acquire online job site HotJobs.com, opening the door for Yahoo.
Tech Leaders Back New Wireless Standard
IBM, Oracle, Sun, and others are backing Nokia's open mobile architecture, intended for developing mobile Internet software that will run on Java 2 Platform Enterprise Edition application servers.
Virus Arrives With Holiday Greeting
Known as Reeezak, it's carried within a 37,376-byte attachment named Christmas.exe. Users of Outlook 2000 and 2002 who've installed Microsoft's Security Update shouldn't be affected.
Ask The Secret CIO: IT Rule Of Thumb
Herb answers the ponderous question of how many support staff an IT shop really needs, plus suggests ways to deal with unwanted phone calls without appearing rude.
Red Hat Cuts 3Q Loss
Red Hat lost $15 million for its third quarter ended Nov. 30, compared with a net loss of $21.4 million a year ago.
GM Scraps Plan To Sell Cars Over Web
The Detroit automaker says it's giving its AutoCentric project the red light, "due to a determination that the business model is not viable at this time."
Recording Your Life
Accenture's personal-awareness assistant could one day let you effortlessly record key conversations or tie into back-end systems.
SAP Americas To Reorganize, Cut 300 Jobs
The North American arm of SAP will lay off about 7% of its U.S. workforce as the result of the troubled U.S. economy and a new company strategy for sales and support of SAP products.
Conexant To Sell Off Wireless Unit
Company execs say the deal will not affect plans to spin off Conexant's Internet infrastructure business, which were restated less than two weeks ago.