AP - Brocade Communications Systems Inc. has agreed to pay the plaintiffs in a class-action lawsuit $160 million to settle allegations the networking equipment maker hurt investors by tampering with stock options, the company said Monday. -- read full article
Reuters - IBM will offer help desk service
for its Symphony line of software, raising the competition with
rival Microsoft Corp's suite of Word, Excel and
PowerPoint.
NewsFactor - Social-networking site Facebook is opening up part of its platform. The Palo Alto, Calif.-based company said Monday that it will make what it described as "a significant part" of its platform open source. -- read full article
TechWeb - Intelligent Enterprise - The reason for RIM's success? It's been able to broaden the appeal of the BlackBerry to more than just professionals, an IDC report found. -- read full article
TechWeb - Intelligent Enterprise - The software maker's initiative is built on Office SharePoint Server 2007 and is a key component of Office Enterprise Project Management software. -- read full article
TechWeb - Intelligent Enterprise - Version 7.6 of the Metastorm BPM strengthens the company's use of Microsoft desktop technologies, including Office SharePoint Server 2007 and Office 2007. -- read full article
TechWeb - InformationWeek - IBM will pay $20 million to settle an investor lawsuit contending the company misrepresented its stock option expensing, lawyers for the plaintiffs said
Monday. -- read full article
TechWeb - Intelligent Enterprise - One part search, one part data integration, Composite Discovery appliance takes another stab at providing an easy-to-use interface for gaining business intelligence. -- read full article
TechWeb - InformationWeek - Hoping to out-function RIM's BlackBerry, Motorola's software goes behind the VPN to enforce security policies, update software, and even turn off smartphone Bluetooth ports. -- read full article
AP - The global sales chief of Sun Microsystems Inc. resigned Monday as the slumping server and software maker revealed plans to restructure its sales force to focus more on emerging markets. -- read full article
TechWeb - InformationWeek - The high capacity and speed rates of smaller drives are luring companies away from 3.5-inch to 2.5-inch devices for enterprise storage systems. -- read full article
AP - IBM Corp. has agreed to pay $20 million to settle a lawsuit by shareholders who claimed the technology company misled the public about employee stock-option expenses in 2005. -- read full article
AP - Brocade Communications Systems Inc. has agreed to pay the plaintiffs in a class-action lawsuit $160 million to settle allegations the networking equipment maker hurt investors by tampering with stock options, the company said Monday. -- read full article
