24th December 1998 Archive
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Compaq decks an extra 2,700 jobs
Info comes to light after form filed with SEC
Information handed to the Securities and Equities Commission (SEC) on the 13 November shows that another 2,700 staff will lose their jobs following the merger of Digital and Compaq. Compaq had earlier said that 17,000 jobs would be lost. Information passed to The Register by subscription-based US newsletter Shannon Knows DEC …
Business 24 Dec 1998, 10:37
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SAP buys former Digital unit
But 800 more jobs likely to go in Germany
SAP has acquired a former unit of Digital in Germany. CEC Karlsruhe, a research centre staffed by 20 employees was bought by SAP, with most likely to keep their jobs. Financial details were not revealed, but SAP said that the deal was part of Compaq's plans to consolidate the Digital business. CEC Karlsruhe developed interactive …
Business 24 Dec 1998, 10:51
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Hyundai, LG Semicon deal on
Little says Hyundai should get large but LG cross
The local South Korean press has reported that Hyundai will take a controlling 70 per cent stake in a merged chip enterprise with LG Semicon. Wall Street consultancy Arthur D Little yesterday announced that it recommended Hyundai have that stake because it would be more competitive than LG Semicon. According to English language …
Business 24 Dec 1998, 11:14
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HP to widen range of products sold direct
Expands Web site to sell printers, more PCs
Hewlett Packard is beginning to show every sign that it will eventually ditch its channel partners and go direct. That will mean it will follow in the footsteps of both IBM and Compaq, as extensively reported here. In an expansion of a pilot scheme which HP started earlier this year, the company said that it will now offer more …
Business 24 Dec 1998, 11:34
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AOL's Case worth cool billion
It was nothing -- just a pizza cake
AOL's chief executive Steve Case is now a paper billionaire after shares in the number one online service provider continued to climb this week. With more than 8.5 million shares to his name, his holdings are estimated to be worth $1.18 billion based on AOL's closing price of $138 -- not bad for a man who started life developing …
Business 24 Dec 1998, 11:40
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Apple preps MacOS 8.6 to drive shift to MacOS X
Nanokernel to give taste of Mach benefits
Leaks from Apple's Beta programme suggest the next version of the MacOS, 8.6, codenamed Veronica, will mark the company's first attempt to align its existing operating system with the forthcoming MacOS X and implement its confused OS strategy. The plan runs something like this: next Autumn (if the schedule is met), Apple will …
Business 24 Dec 1998, 11:47
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Microsoft, IBM sued over Y2K non compliance
Big Blue gets suit…who will be next?
US reports said that class action suits have been taken out against both IBM and Microsoft for alleged problems over the Millennium Bug. The suit against Software Stan alleges that both Visual FoxPro and FoxPro have problems with dates clicking over into the year 2000 properly. And IBM has received a lawyer's writ because of …
Business 24 Dec 1998, 11:48
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Great Santa of Journalism outlines Yule logs
We'll be digging skeletons out of the cupboard throughout
Here in good old Blighty, most industry shuts down for the Christmas period, followed by the New Year period. While some of us will be roasting our chestnuts, we will be dragging the odd skeleton or two out of the cupboard and will maintain some type of service throughout the period. Don't expect the usual 30 plus stories a day …
Business 24 Dec 1998, 11:53
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iMac revision C to offer 300MHz CPU
Faster consumer Mac due to ship in February, claim sources
Apple is preparing the next revision of its consumer-oriented iMac, the third so far, according to sources close to the company. The so-called Revision C box will add a faster CPU -- the smart money seems to be on a 300MHz PowerPC 750, though just to be safe, there is also talk of a 266MHz version. It will be announced …
Business 24 Dec 1998, 12:02
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Windows speeds up if Netscape shell used instead
Operating system faster in simple operation
Note to readers We've had many enquiries about how to do this. Bear with us, we missed our Boxing Day deadline but are working to bring the answer to you as soon as possible. Reports reached The Register late today that a simple substitution of the Netscape Communicator for the Windows shell would speed up Microsoft's operating …
Business 24 Dec 1998, 17:58
