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A surge in consumer confidence helped pushed stocks higher Tuesday as investors were in a buying mood despite tomorrow's looming decision from the Federal Reserve on interest rates. All major indices finished higher on the day, although trading was a bit lighter than normal as institutional investor...
Social networking pioneer online service Friendster has tapped former NBC entertainment president Scott Sassa as its CEO, replacing interim CEO Tim Koogle. Friendster gave Koogle the reins in March, three years after he had stepped down as CEO of Yahoo and was replaced by Hollywood studio executive ...
When Mel Karmazin on Tuesday announced that he had resigned his position as president of Viacom, the media giant responded by appointing Tom Freston and Leslie Moonves as co-presidents and co-chief operating officers, effective immediately. The two new appointees were Viacom's two most influential d...
The following is a transcript of the radio address of President Bush to the nation on Friday: THE PRESIDENT: "Good morning. This week brought further evidence that across America, more citizens are finding jobs. The Department of Labor reported state-by-state job results, and these figures show that...
Reflecting businesses' growing need to wring ROI from Web operations, subscriptions to Gomez' Internet Performance Management grew 51 percent in 2003 from the prior year. In addition, the privately held company received two rounds of financing, added 90 new clients and claimed subscription renewal r...
With its recent acquisitions of Ximian and SuSE Linux, Novell has taken on the challenge of promoting enterprise-class Linux solutions. The company is not simply trumpeting the benefits of Linux to clients. To prove the enterprise Linux concept, it is adopting Linux as a preferred platform for its o...
Michael Dell will relinquish the title of CEO at the company he founded in a dormitory room 20 years ago but will remain actively involved in day-to-day operations as chairman of the board, Dell Computer announced Thursday. Longtime executive Kevin Rollins, who joined Dell full-time seven years ago,...
For years, Juniper Networks has been Cisco's chief competitor in the networking arena. With its recent acquisition of NetScreen, Juniper seems to have bought some clout that could make a difference in that fight. The $3.4 billion deal brings Juniper into the security and low-end corporate sectors. P...
Larry Kramer founded MarketWatch.com as part of a joint venture between Data Broadcasting Corporation and CBS back in 1997. After years of turmoil, the company, which publishes business news and financial information and tools, achieved profitability in the fourth quarter of 2003 and for the year as...
Jerry Ungerman, president of firewall leader Check Point Software Technologies, oversees the company's worldwide sales, marketing, business development, product management and technical services. The E-Commerce Times spoke with Ungerman last week, on the eve of the company's release of its new Inter...
In 2003, Symantec helped customers battle and protect against an ever-growing list of malware, ranging from Blaster, Slammer and SoBig to hundreds of smaller irritants. The company's executives also spanned the globe, making presentations to educate users about the need to secure their PCs and Inter...
In the six years since Musicmatch opened its virtual doors, the online music business has seen some significant changes. Musicmatch CEO Dennis Mudd spoke with the E-Commerce Times about what lies ahead. "Things now are like we expected them to be in '97," he said. "When we put the original business ...
Judging by its strategy, firewall vendor NetScreen is committed to a holistic view of enterprise security, leading the charge to integrate and deepen the firewall beyond its original parameters. The company's recently released Deep Inspection Firewall, for example, is designed to prevent application...
Amid budgetary constraints, enterprise application snafus, and vendors that are slick with their PowerPoint presentations but AWOL with their implementations, the put-upon CIO has become as common a high-tech archetype as the teenage hacker or the jeans-clad, headstrong, bullying CEO "evangelist." W...
As companies have grown more confident in their business process planning, the integration industry has worked to refine its products and services to serve enterprise needs, optimizing relationships between customers, partners and suppliers. As a 25-year veteran in the integration space, Sterling Co...
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