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Sells Business for 175 Billion
has officially confirmed it will sell its business to Chinese computer maker Lenovo for a total of 175 billion Rumors about a potential deal swirled on Monday following a report stating the two companies were in talks Lenovo will pay 650 million in cash another 600 million in common stock and assume 500 million in debt from Big Blue
Lays Off 750 Workers
As expected America Online has cut 750 jobs in Ohio California New York and Virginia the company acknowledged Tuesday Reports of impending layoffs surfaced last month following parent Time Warners earnings statement...
2005 Predictions - Watershed Ground
Three weeks ago we promised our predictions for the coming year Here they are Please remember we are technogeeks not psychics Some of these predictions may come true and some may be way off base We do know the search industry is evolving faster than ever before What seems fantasy today may well be reality next month was an interesting year in the business of search setting the stage for what should be a watershed year in
was an amazing year for the search engine marketing sector...
Terror's Server
Law enforcement authorities say evidence collected from Samudras laptop computer shows he tried to finance the Bali bombing by committing acts of fraud over the Internet And his new writings suggest that online fraudwhich in cost credit card companies and banks 12 billion in the United States alonemight become a key weapon in terrorist arsenals if its not already We know that terrorist groups throughout the world have financed themselves through crime says Richard Clarke the former counterterrorism czar for President Bush and President Clinton...