Stories about: WorldCom

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    Tech's most notorious CEO scandals 10/08/2010 05:54:00

    Mark Hurd's surprise resignation as HP's CEO Friday following disclosure of a sexual harassment charge against him makes Hurd just the latest in a long line of tech CEOs forced to resign due to scandal.
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    Supreme Court strikes down one part of Sarbanes-Oxley 29/06/2010 05:40:00

    The U.S. Supreme Court has struck down one part of the controversial Sarbanes-Oxley Act, ruling Monday that Congress overstepped its authority when establishing the Public Company Accounting Oversight Board (PCAOB), an investigatory panel focused on enforcing the eight-year-old law.
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    IBM acquires Intelliden to boost network automation 17/02/2010 06:46:00

    IBM has acquired Intelliden, a network automation software vendor, and will integrate the company's technology into its Tivoli Software group.
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    Terabit Ethernet in sight 31/03/2009 08:16:00

    Looking down the LAN road, the Terabit Ethernet milestone is very much in sight. While 3.2Tbps and 6.4Tbps speeds were demonstrated in test environments by Siemens/WorldCom and NEC/Nortel respectively starting in 2001, the first set of viable solutions are just now taking shape.
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    15 events that changed technology history 24/12/2008 09:00:00

    There are certain key points that have shaped the way technology is today. We've rounded up the 15 most important milestones and explained why they changed the course of the industry.
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    Ex-WorldCom CEO Ebbers wants sentence commuted 08/12/2008 09:07:00

    Imprisoned former WorldCom chief Bernie Ebbers is hoping that President Bush will give him the gift of clemency this holiday season.
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    Report: DOJ hires antitrust expert in Google/Yahoo probe 10/09/2008 11:55:00

    The U.S. Department of Justice has hired a high-profile antitrust attorney to help it review, and possibly challenge, Yahoo's agreement to outsource part of its search advertising business to Google, The Wall Street Journal reported Tuesday.
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    15 turning points in tech history 10/06/2008 10:52:22

    Imagine how different the computing world would be if IBM had used proprietary chips in the original PC, rather than off-the-shelf components. The PC clone market would never have happened, and IBM, rather than Microsoft, might have emerged as the leading company of the computer revolution.
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    2005 - The IT year in quotes 28/12/2005 07:03:00

    The words from the IT industry aren't as colorful or as profuse as they once were. High-profile chief executive officers (CEOs) aren't as quick to savage competitors publicly these days given that everyone partners with all of their peers, even bitter rivals, in one way or another. What's that adage about keeping your friends close, but your enemies closer?
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    Judge approves $6.1 billion in WorldCom settlements 22/09/2005 07:30:15

    A U.S. district court judge on Wednesday approved a US$6.1 billion settlement to investors who lost money in an accounting fraud at the former WorldCom.
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    Ebbers jail time put off, for now 12/09/2005 08:48:26

    Bernard Ebbers, former CEO of WorldCom, won himself six more months of freedom. On Wednesday a federal judge granted Ebbers a reprieve while his lawyers appeal his conviction.
 
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