America Online Latin America Inc. (AOLA) is quickly running out of funds and could soon cease operations or file for bankruptcy, it said in a regulatory filing Tuesday.
IBM Corp. reduced its full year revenue figure for its Global Services unit by US$260 million after discovering improper sales of third-party hardware at its Japan unit, the company said in a filing with the U.S. Securities and Exchange Commission (SEC) on Thursday.
Computer Associates International Inc. (CA) named former Hewlett-Packard Co. (HP) global operations head Jeff Clarke as its executive vice-president and chief financial officer (CFO) on Thursday.