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| News
Headlines for February 07, 2003 |
Last
updated on February 07, 2003 11:55 AM -0500 |
Executive changes at Rogers Cable
TORONTO, Feb. 7 - ROGERS COMMUNICATIONS INC. (RCI) (TSX: RCI.A and RCI.B; NYSE: RG) today
announced changes to the management structure of Rogers Cable coincident with the
announcement by John Tory, Chairman and CEO of Rogers Cable Inc., to seek public office.
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ATI Announces Settlement of Shareholder Class Action Litigation
MARKHAM, ONTARIO - February 7, 2003 - ATI Technologies Inc. (TSX: ATY, NASDAQ: ATYT) today
announced that it has reached an agreement for the full and complete settlement of all
remaining claims alleged in the shareholder class action lawsuits filed in May 2001 in the
United States District Court for the Eastern District of Pennsylvania. This litigation
relates to alleged misrepresentations and omissions made by the company and certain
directors and officers during a period preceding its May 2000 earnings warning. In July
2002, the Court dismissed all claims in the litigation except as to the alleged
misrepresentations and omissions concerning: (a) ATI's RAGE 4\RAGE 128 and RAGE 5\RAGE 128
PRO products; and (b) inventory. A Stipulation and Agreement of Settlement has been
executed and filed with the court.
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NVIDIA Quadro FX 2000 Workstation Graphics Solutions Set
Application Performance Records
HP Posts New SPEC Viewperf and SPECapc Results for Newest Member of NVIDIA
Quadro Product Family
SANTA CLARA, Calif., Feb. 7 - NVIDIA Corporation (NASDAQ:NVDA) , the worldwide leader in
visual processing solutions, today announced that the new NVIDIA Quadro(R) FX 2000
workstation graphics solutions have widened the performance lead with record SPEC
Viewperf(TM) 7.0 and SPECapc benchmarks results. HP, a leading global provider of
computing and imaging solutions and services for business and home, submitted the NVIDIA
Quadro FX 2000 in their latest hp workstation xw5000 system. Based on the results from the
Standard Performance Evaluation Corporation's Graphics Performance Characterization (SPEC)
tests -- the SPEC Viewperf 7.0 and SPECapc benchmarks -- the NVIDIA Quadro FX 2000
solution has established definitive leadership in the 3D world. The benchmark results and
test configuration were posted on February 5, 2003 at http://www.spec.org/gpc/opc.data/vp7/summary.html
.
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Man charged in ViewSonic hack
A felon and ex-employee of ViewSonic was arrested Thursday for allegedly hacking into its
computer system and destroying data, and shutting down a server that was central to the
company's foreign operations.
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Alcatel to Acquire iMagicTV
SAINT JOHN, New Brunswick, Feb. 7 - iMagicTV (Nasdaq: IMTV and TSX: IMT), today announced
it has entered into an agreement with Alcatel, by which Alcatel will acquire iMagicTV, in
a transaction valued at approximately US$30 million in aggregate. Alcatel currently owns
approximately 16% of iMagicTV. The transaction provides for the acquisition of all
outstanding shares of iMagicTV not currently owned by Alcatel in exchange for Alcatel
Class A American Depository Shares ("Alcatel ADSs" NYSE:ALA). The transaction
would provide iMagicTV shareholders withapproximately US$1.20 per share in value, subject
to certain adjustments based upon the movement of Alcatel's ADS price. The transaction is
subject to a number of conditions, including the approval of iMagicTV shareholders. In
separate agreements, iMagicTV shareholders representing approximately 50% of the
outstanding shares have agreed to support the transaction. iMagicTV expects the
transaction to close in the second quarter of calendar year 2003.
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Microsoft seeks mid-market CRM success
The company steers clear of the large enterprises mired in project failures as it
premieres the first product under its Business Solutions brand. Meet the beta customer
who's starting to see results
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Yamaha writes off CD-RW venture
Citing escalating competition and declining prices, Japanese audio equipment maker Yamaha
has thrown in the towel on its rewritable CD drive operations.
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Ex-student accused of spying on campus
A former Boston College student was indicted on Thursday for allegedly installing
keystroke-recording software on more than 100 campus computers and accessing databases
containing personal information on other students, staff and faculty.
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Bush reportedly orders cyber-warfare plan
WASHINGTON--President Bush has ordered the government to draw up guidelines for
cyber-attacks against enemy computer networks, according to a report published Friday.
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Intel sets Banias release for March 12
Intel will release Banias, a new energy-efficient notebook chip, on March 12, and open a
new era in the company's laptop business.
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'Slammer' attacks may become way of life for Net
Siebel Systems thought it had dodged the bullet.
After a round-the-clock weekend watch for any infection of the so-called SQL Slammer
worm--also know as Sapphire and SQL Hell--that hammered other companies' networks, the
software maker apparently had escaped with only minor incidents in its international
offices.
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