Laura Rohde

Hackers have attacked servers containing sensitive information at the World Economic Forum, a spokeswoman for the Davos, Switzerland-based organization confirmed on Monday.

AOL Time Warner Inc. will lay off over 2,400 people, or 3 percent of the work force of the newly merged company, in an attempt to streamline its operations, according to reports in The Wall Street Journal and Daily Variety on Wednesday.

Products featuring the Bluetooth wireless technology are expected to generate worldwide revenue of US$2.5 billion in 2001, according to a new study released Monday.

British Telecommunications PLC (BT) will begin construction of co-location facilities before April 15 to allow its competitors to install their broadband Internet access equipment in the most sought after of its local exchanges, according to a statement from the U.K. national telecommunications regulator released late Thursday evening. Previously, such facilities were not expected to be available until July.

U.K.-based Marconi PLC will invest US$50 million over the next five years to develop a research and development (R&D) division in India that will explore future broadband and switching technologies, the company announced on Tuesday.

Troubled software vendor Lernout & Hauspie Speech Products NV (L&H) has already begun to lay off a total of 1,144 of its employees worldwide in a move to consolidate the company, L&H's CEO said on Monday. The move comes three days after L&H received bankruptcy protection under Belgian law and announced the resulting layoffs.

A Belgian court on Friday morning granted troubled software vendor Lernout & Hauspie Speech Products NV (L&H) bankruptcy protection under Belgian law, after which L&H promptly announced Friday afternoon that it will lay off 1,200 employees within the next three months as part of its recovery plan.

A Belgian court is scheduled to rule on Friday on the second request for bankruptcy protection under Belgian law by software vendor Lernout & Hauspie Speech Products NV (L&H), the company confirmed on Thursday.