Siemens could be close to exiting Fujitsu venture
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Siemens AG is close to leaving its long-running computer joint venture with Fujitsu Ltd., The Wall Street Journal reported Wednesday. – (Sydney Morning Herald — 7 August, 2008)
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As the German conglomerate looks to increase profits, it is considering getting out of the computer industry. (CNET News.com — 7 August, 2008)
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Lenovo Group revenues rise 10.5 percent during the fiscal first quarter, despite a weak economy. (CNET News.com — 8 August, 2008)
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Time Warner CEO says that the company is weathering the “challenging economic environment,” and that it’s ready to spin off its Time Warner Cable unit before then shedding the flagging AOL. (CNET News.com — 6 August, 2008)
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Elastra, provider of a scalable database that’s stored on Amazon’s Web Services, says it raised $12 million in a series B round of financing from Amazon, Bay Partners and its previous investor Hummer Winblad. (CNET News.com — 5 August, 2008)
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Java continues its long decline as the Web comes to the fore, but Java and C aren’t leaving the enterprise anytime soon. (CNET News.com — 8 August, 2008)
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