Joris Evers

Microsoft Corp. warned of two software flaws that could allow an attacker to take control of PCs running its Windows operating systems. All Windows users should patch their software to correct the flaws, which Microsoft described as critical in a notice late Wednesday.

Third-quarter revenue at Alcatel SA's Optronics division could fall as much as 50 per cent compared to the previous quarter, the company warned Tuesday, announcing further cost cutting measures for the unit. The company also said it will once again be cutting its ties to Canada.

Sony Ericsson Mobile Communications AB's new top-of-the-line mobile phone won't hit store shelves in the third quarter, but will be available in time for Christmas, the company confirmed.

Struggling WorldCom Inc. will cut about 2,000 jobs in its Europe, Middle East and Africa (EMEA) unit and discontinue some niche services in a bid to make the business cash flow positive by next year, the company said Sept. 16.

Geac Computer Corp. Ltd., a Canadian vendor of enterprise software and systems, has agreed to acquire part of French IT services company EBC Informatique SA..

Microsoft Corp. added 2003 to the name Windows .Net Server, raising questions about the release date of the already delayed successor to Windows 2000 Server operating system.

Users and analysts welcomed Oracle Corp.'s Software Investment Guide, officially announced Wednesday, even though the about 40-page document has no new information.

Koninklijke KPN NV has reached an agreement to buy the German network of bankrupt KPNQwest NV, the Dutch carrier announced Thursday.