• EDS CEO Defends Company’s Accounting Practices

    Attempting to put to rest any concerns about the company's accounting practices in the wake of the Enron-Andersen debacle, EDS Chairman and CEO Dick Brown told Wall Street analysts on Thursday that the systems integration giant has "no undisclosed debt or liabilities."

  • EDS 4Q Earnings Up 20 Percent

    Computer services company Electronic Data Systems Corp. Thursday posted a 20 percent increase in fourth-quarter earnings, excluding a one-time credit, as companies and governments outsourced computer operations in order to cut costs.

  • Tech Data To Distribute 3Com Solutions For SMB Market

    Tech Data signed an agreement with 3Com to distribute its networked telephony solutions aimed at SMB customers. The 3Com products enable solution providers to deploy integrated voice and data services that leverage existing IP networks for applications, such as voice-mail and CRM, according to the companies.

  • Fujitsu Thinking Big In Services

    Technology giant Fujitsu is throwing its weight behind IT services in a big way, with a plan to increase its consulting and integration work in North America and Europe.

  • Hard Facts: February 11, 2002

    Security is the top priority for technology spending by small businesses in the February-to-April 2002 period, ranking well above any Internet or hardware/software-related category, according to the January CRN Business Spending Survey.

  • WatchGuard To Buy RapidStream

    WatchGuard Technologies, a maker of Internet security products, said Thursday it plans to acquire RapidStream, a provider of ASIC-based firewall and VPN appliances for about $48 million in cash and stock.

  • Jack Welch: HP Rivals May Benefit From Compaq Deal

    Former GE chairman Jack Welch told Hewlett-Packard chairman Carly Fiorina that he sees the potential for "chaos" surrounding HP's plan to acquire Compaq Computer that competitors would exploit.

  • Microsoft, U.S. Urge One-Day Hearing On Settlement

    Lawyers for Microsoft and the Justice Department recommended on Thursday that a federal judge hold a one-day hearing in early March to discuss their proposed settlement of the landmark antitrust case.

  • Sun To Ship Linux OS, Linux-based x86 Systems

    Sun Microsystems has launched a massive counteroffensive to Linux competitors by unveiling plans to ship its own Linux distribution and a new family of general-purpose Linux/x86-based systems.