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Thirty-six percent of the software installed on computers worldwide was pirated in 2003, representing a loss of nearly US$29 billion. These are the key findings of a global software piracy study released today by the Business Software Alliance, an international association for software manufacturers...
Chip giant Intel has reported second-quarter earnings that slightly surpassed analysts' expectations, posting a profit of $896 million on revenue of $6.8 billion. IDC analyst Shane Rau noted that Intel "did not cite broad growth factors, like the corporate PC replacement cycle. Instead, it cited poc...
In this economy, eBay's bid to pay $1.5 billion for PayPal might seem excessive, even for the likes of the auction giant. And while many analysts believe eBay will get its money's worth, others are not convinced. AMR Research analyst Louis Columbus told the E-Commerce Times that he believes eBay ...
Two PayPal shareholders have filed separate lawsuits related to eBay's acquisition of PayPal. The plaintiffs in both suits seek an injunction against the consummation of the deal, noting that the price eBay is paying for PayPal is unfair and inadequate. But Frost & Sullivan research analyst S...
Following WorldCom's disclosure of what appears to have been one of the largest financial misstatements in history -- nearly $4 billion -- the company has fired chief financial officer Scott Sullivan and announced its intention to redo its financial statements for the past five quarters. "Now we ...
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