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Technology Solutions To Acquire ZAMBA Solutions

Technology Solutions Company (TSC), a consulting company delivering business benefits through the application of information technology, and ZAMBA Solutions, a customer relationship management (CRM) services company, today announced that they have reached a deal for TSC to acquire ZAMBA ...

BUSINESS BRIEF

Hewlett-Packard Buys Synstar

HP has confirmed that it is planning to acquire UK services firm Synstar in a deal believed to be valued at around US$160 million ...

BUSINESS BRIEF

Nokia Chooses Loudeye for Digital Music

Loudeye today announced a multiyear agreement with the multimedia business group of Nokia to develop a wireless digital music platform for mobile operators and their subscribers worldwide. ...

Cablevision Revenues Reported Up 25 Percent

Cablevision Systems today reported financial results for the second quarter 2004. According to a company statement, consolidated second-quarter revenues increased 25 percent to US$1.2 billion compared to the prior year period, based on continued growth at the company's Telecommunications Services and other divisions ...

Autobytel To Provide Customer Referral for Asbury

Internet automotive marketing services company Autobytel today announced that it has signed an agreement to provide a national online customer referral program for the Asbury Automotive Group, the fourth-largest auto retailer in the nation ...

Blue Cross Blue Shield of Arizona To Use EBS’ Centrifuge

Blue Cross Blue Shield of Arizona has chosen Resolution EBS's Centrifuge business rules management platform as part of a plan to automate and streamline its current business practices ...

Markets Hammered by Jobs Data

Weaker-than-expected job numbers for July led to a stunning sell-off on Wall Street as all major stock averages sank to their lowest levels of the year ...

Oil Prices Close Down – But May Not Stay There

Crude oil futures on the New York Mercantile Exchange (Nymex) in New York were down at the close of the market today from record highs set overnight -- but observers expressed doubt that oil prices have peaked ...

Adelphia Sets Preliminary Timetable to Auction Company

Bankrupt Adelphia Communications today announced its preliminary timetable for to auction off the company, with completion of the sale expected by the end of the year ...

Entellium Opens Asian CRM Headquarters in Singapore

Entellium Asia, the Asian arm of the second generation hosted CRM provider, yesterday announced the set-up of its regional operations in Singapore ...

Oil Spike Roils Stocks Ahead of Jobs Data

Extreme volatility in the price of oil -- which again hit record levels on Thursday -- and uncertainty about the July unemployment statistics helped send stocks sharply lower Thursday, with both the Dow and Nasdaq losing more than 1.5 percent ...

IBM Boosts Open Source with Patent Promise

IBM announced that it will not use its patents against Linux, and it encouraged other software companies to make the same vow ...

NEWS BRIEF

Telstra, Hutchison Partner on Infrastructure

Telstra gained a head start on Australian rival entrants to the third generation mobile phone market with a US$450 million deal to share Hutchison Telecommunications' third generation infrastructure ...

StayinFront Expands CRM Partnership with Endo Pharmaceuticals

StayinFront, a global provider of enterprise-wide customer relationship management (CRM) applications, decision support tools and e-business systems, today announced that Endo Pharmaceuticals, a fully integrated pharmaceutical company with market leadership in pain management, will expand use of the StayinFront Visual Elk CRM system for its new hospital-sales force...

Sun’s Possible Acquisition of Novell

Industry observers have taken positions on rumors that Sun Microsystems might buy Novell. "I don't find the speculation credible," analyst Dan Kusnetzky, vice president of operating systems at International Data Corporation, said. Kusnetzky said such a merger would face problems from potential regulatory issues, possible corporate culture clash and a lack of synergy between the two product lines...

Yukos Accounts Frozen

Russia's Justice Ministry said Thursday that it had revoked permission granted by bailiffs for the beleaguered oil giant Yukos to use previously frozen funds to pay for day-to-day operations. ...

NEWS BRIEF

TiVo Techology Gets Nod From FCC

TiVo, one of the initial creators of television services for digital video recorders (DVRs), announced today that the Federal Communications Commission (FCC) has certified TiVo's technology protection of digital broadcast television ...

Siebel Systems, IBM To Join on CRM Linux Effort

Siebel Systems and IBM today announced they will join to provide database support for Siebel's CRM suite on Linux. ...

AOL Acquires Antispam Leader Mailblocks

America Online today announced the acquisition of Mailblocks, a personal, Web-based e-mail service known for using state-of-the-art technology to block spam and provide a streamlined, efficient e-mail user interface. ...

BUSINESS BRIEF

Stocks Drop as Consumer Spending Plummets

Consumer spending fell sharply in June as fuel prices continued to put a crimp in discretionary purchases and amid overall concern about the economy, the government reported today. ...

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