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January 01, 2002

* Ariba Inc., a money-losing maker of Internet-commerce software which cut 900 jobs in 2001, said Softbank Corp. founder and CEO Masayoshi Son resigned from Ariba's board. Son, 44, will focus on Softbank and Nihon Ariba, the Japanese company controlled by Softbank and 40% owned by Ariba. Shares in Sunnyvale, Calif.-based Ariba, which reached $168.75 in September 2000, rose 4cents to $6.16 on Nasdaq.

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