All the week's financial news, 09/22/04
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Network World's Financial News Alert

CA may escape charges in DOJ deal, 09/22/04

Computer Associates has reached a deal with the Department of 
Justice under which the company will pay compensation to 
shareholders and open its accounts to monitoring by an 
independent third party, in return for the Justice Department 
deferring prosecution in its investigation of accounting fraud 
at the company, U.S. newspaper reports said Wednesday. 
<http://www.nwfusion.com/news/2004/0922reporcama.html?nl> 

Cisco to provide $50 million financing to Korean SMEs, 09/22/04

Cisco Tuesday said it will provide up to $50 million to South 
Korean small and midsize enterprises to help finance their 
adoption of the latest networking technologies. 
<http://www.nwfusion.com/news/2004/0922ciscotopr.html?nl> 

Microsoft CFO: Expect us to make more big acquisitions, 09/21/04

Microsoft may make more large acquisitions than it has done 
historically and become a more distributed company as opposed to 
moving key employees to its Redmond, Wash., headquarters, CFO 
John ... 
<http://www.nwfusion.com/news/2004/0921microcfo.html?nl> 

Money crossing the Palm, 09/21/04

Things are looking up for palmOne, the "hardware half" of the 
Palm empire. The compnay reported a 62% jump in quarterly 
revenue, to $273.1 million for the first quarter of fiscal 2005. 
<http://www.nwfusion.com/news/2004/0921palmoneearn.html?nl> 

TruSecure merges with Betrusted, 09/20/04

Information security services companies TruSecure and Betrusted 
plan to announce on Tuesday that they have merged, forming a new 
company called Cybertrust. 
<http://www.nwfusion.com/news/2004/0920trusemerge.html?nl> 

JPMorgan Chase cancels deal with IBM, 09/20/04

IBM last week lost one of its highest-profile outsourced-IT 
clients, as JPMorgan Chase says it is canceling the remaining 
portion of a contract that was intended as a seven-year, $5 
billion deal. 
<http://www.nwfusion.com/news/2004/092004jpmorgan.html?nl> 

In depth: Sun looks for turn-around on Wall Street, 09/20/04

On Tuesday, executives from Sun will head to Wall Street, hoping 
to convince customers and partners in the financial industry 
that the company continues to be viable in the industry that Sun 
... 
<http://www.nwfusion.com/news/2004/0920sunlooks.html?nl> 

EDS faces headwinds, aims to reconnect, 09/20/04

Electronic Data Systems is among the world's largest IT services 
providers, with $20 billion annual revenue and 122,000 
employees. But the company has struggled over the last few years 
to recover from a string ... 
<http://www.nwfusion.com/news/2004/092004eds.html?nl> 

Airbus questions EU's decision on Microsoft, 09/17/04

European aircraft manufacturer Airbus has taken issue with part 
of the European Union's anti-trust decision against Microsoft 
and has filed a petition with the court handling the software 
maker's ... 
<http://www.nwfusion.com/news/2004/0917airbuquest.html?nl> 

PeopleSoft's prospects top agenda at show, 09/17/04

At PeopleSoft's Connect 2004 conference in San Francisco next 
week, the software vendor is expected to face questions from 
users about its ability to fend off Oracle's hostile takeover 
bid and ... 
<http://www.nwfusion.com/news/2004/0917peoplprosp.html?nl> 

China slammed on product piracy, 09/17/04

The Chinese government Thursday came under heavy criticism by 
two U.S. business groups that are urging China to crack down on 
its growing piracy market and focus on the protection of 
intellectual property ... 
<http://www.nwfusion.com/news/2004/0917chinaslamm.html?nl> 

Symantec to acquire security consultants @Stake, 09/16/04

Symantec has agreed to acquire @Stake, a Cambridge, Mass.-based 
provider of IT security consulting services. 
<http://www.nwfusion.com/news/2004/0916symantoac.html?nl> 

Nortel sees slower-than-market growth in Q3, 09/16/04

Nortel expects its revenue in the third quarter to fall below 
the previous quarter's estimated number and for its full-year 
2004 revenue to grow slower than the overall communications 
equipment ... 
<http://www.nwfusion.com/edge/news/2004/0916ntgrowth.html?nl> 

Oracle hires HP vice president to sell software hosting service, 
09/16/04

Oracle has tapped Juergen Rottler, formerly with HP, to head its 
growing On Demand unit, a division that sells software-hosting 
services. 
<http://www.nwfusion.com/news/2004/0916oraclhires.html?nl>
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Contact Online News Editor Jeff Caruso at 
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This newsletter is sponsored by Nokia 
NW Special Report: Preparing an Infrastructure for Mobile 
Applications. 

Mobility, properly done, increases productivity and decreases 
operating costs. So get up to date information about building a 
mobile infrastructure, dealing with security issues, the latest 
networking options, connectivity alternatives and operational 
support enhancements.  
http://www.fattail.com/redir/redirect.asp?CID=81424
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