Joris Evers

Siemens AG reported a jump in group net profit for its second quarter, but said it would cut an additional 6,500 jobs at its ailing networks division.

Business process outsourcing, the fastest growing part of the European IT services and sourcing market, will attract all kinds of players and that could lead to high-profile failures, research firm Gartner Inc. warned Thursday.

Advanced Micro Devices Inc. (AMD) is to announce on Wednesday that it has gained crucial support from Microsoft Corp. for its forthcoming 64-bit processor family code-named Hammer, according to reports published Wednesday.

Businesses in the Europe, Middle East and Africa (EMEA) region in the first quarter of 2002 still had buying new PCs on hold, hitting Compaq Computer Corp.'s shipments in the region the hardest, Dataquest Inc., a unit of Gartner Inc. said Thursday.

L.M. Ericsson Telephone Co. cut its forecast for the year and said it would slash up to 20,000 more jobs as part of further cost-cutting measures as it reported another quarterly net loss.

A flaw that when exploited could allow an attacker to take control of a user's system exists in Microsoft Corp.'s Internet Explorer and Office for the Mac, Microsoft warned late Tuesday.

The European Parliament has voted against blocking access to Web sites as a way of regulating content on the Internet, instead pushing self-regulation and filter and rating systems.

BT Group PLC (BT), the U.K.'s biggest phone company, is planning to launch a Mobility Services portfolio of mobile products for U.K. business customers in June.