After laying low for the last several months, printer manufacturer Oki Data Americas Inc. introduced a plethora of new printers during a press event recently held in New York.
Hewlett-Packard Canada on Friday announced it has reached a settlement with the Government of Canada concerning a dispute over contracts between the two parties. HP will award the government $146 million, "an amount determined by both parties to be appropriate upon investigation," according to a statement issued by the company.
Intel Corp. announced that it has added features to the updated versions of its successful Pentium M processors released Monday without sacrificing battery life
For the fourth consecutive year, Canada has trailed behind the U.S. placing second overall in its connectedness, according to a report released earlier in the week by The Conference Board of Canada.
From the moment Nortel Networks Corp. announced earlier in the week that it had issued pink slips to its top execs and that its financials over the last three years were likely misrepresented, the IT world has been holding its breath waiting for the other shoe to drop.
Nortel Networks Corp. announced on Wednesday that it has fired CEO Frank Dunn "for cause" and has replaced him with William Owens, former CEO of satellite communications company Teledesic LLC. Nortel has also delayed the availability of its financial results for the first quarter of 2004.