• Military VARs Take Wall St.

    While it's no secret that Wall Street hasn't been kind to IT companies lately, at least one services sector has what it takes for success in the public arena.

  • A Look at Lucent’s New CEO

    Major technology companies, especially troubled ones, are turning to women for leadership. Patricia Russo, recently appointed CEO of Lucent Technologies, is an example. She faces the uphill task of reviving an ailing company. It's hard to say whether her job is tougher than that of Hewlett-Packard CEO Carly Fiorina, who's lobbying investors to support a controversial $25 billion merger with Compaq Computer.

  • DiamondCluster Revenue Dives In Q3

    While solution provider DiamondCluster International reported revenues for its third fiscal quarter that were less than half what it brought in last year, the company said it has seen the bottom of the downturn and expects things to improve this quarter.

  • Kumar: Enterprises Shifting Toward Linux

    Computer Associates president and CEO Sanjay Kumar said during his LinuxWorld keynote address Thursday that he's seen a dramatic shift in the number of enterprise customers considering and using Linux in their businesses.

  • Experts Predict Linux Consolidation

    While AOL denied a published report about it buying Linux company Red Hat, many industry observers,including Computer Associates International's CEO,predict significant consolidation in the Linux industry this year.

  • McLeodUSA Files For Bankruptcy Backed By Forstmann

    Local telephone company McLeodUSA said Thursday it filed for bankruptcy -- the latest in a rash of bankruptcies in the battered telecommunications industry -- with a reorganization plan that will erase about $3 billion in debt.

  • Pioneer-Standard Beats 3Q Expectations

    Pioneer-Standard Electronics reported net income of $2.2 million, or 8 cents per share, for the fiscal third quarter ended Dec. 31, 2001, compared with net income of $13 million, or 40 cents per diluted share, reported for the third quarter last year.

  • Compaq Paid Capellas $1.6 Million Salary

    Compaq Computer's chief executive, Michael Capellas, got a raise to $1.6 million in salary in 2001, and Compaq forgave $2.1 million in loan payments he owed, the company said in its annual filing.