• S&P Cuts Hewlett-Packard On Compaq Merger Risks

    Standard and Poor's cut Hewlett-Packard's long-term debt rating three notches and short-term debt rating two notches because of risks arising from the computer and printer maker's proposed merger with computer maker Compaq Computer.

  • HP-Compaq Merger Clears FTC

    The U.S. Federal Trade Commission has granted its approval for the proposed merger between Hewlett-Packard and Compaq, clearing the last regulatory hurdle for the deal.

  • FTC Clears Hewlett-Packard Purchase of Compaq

    Hewlett-Packard won permission on Wednesday from antitrust enforcers to acquire rival Compaq Computer as the Federal Trade Commission closed its review of the combination.

  • <I>CRN</I> Interview: Bob Bruce, Cisco Systems

    At a time of increasing tensions between solution providers and service providers, Cisco Systems recently named Bob Bruce to the new post of vice president of worldwide service provider partners. In his new role, Bruce, formerly vice president of U.S. channels, will focus on building a service provider channel. CRN Infrastructure Editor Larry Hooper talked with Bruce about his new role and where Cisco's solution provider partners fit into the vendor's new strategy.

  • Network Associates Stands Firm

    When 22-year IBM veteran George Samenuk joined Network Associates in January 2001, the security and network management software vendor was in upheaval. The Santa Clara, Calif.-based company had experienced a management shakeup that included the departure of then-CEO Bill Larson and posted a huge fourth-quarter loss. It also was plagued by accounting problems, a tumbling stock price and shareholder lawsuits.

  • U.S., Microsoft Say Settlement Is Best Deal

    Lawyers for Microsoft and the U.S. Department of Justice told a federal judge Wednesday that their proposed antitrust settlement is better than what could be achieved by further litigation.

  • Palm, FTC Reach Settlement On Marketing Claims

    The U.S. Federal Trade Commission said Wednesday it had reached a settlement with Palm Inc. over charges the company misled consumers about the wireless capabilities of its handheld computers.

  • Verizon To Cut Equivalent Of 10,000 Jobs

    Verizon Communications, the No. 1 U.S. local telephone company, expects to reduce its workforce by the equivalent of 10,000 jobs in 2002 through attrition, layoffs and reduced overtime and contract work.

  • U.S. Says Microsoft Settlement Is Best It Can Get

    A lawyer for the U.S. Justice Department said the antitrust case against Microsoft Corp. should cease, telling a federal judge Wednesday that the proposed settlement went beyond what could probably be achieved by further litigation.