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BUSINESS
August 10, 2000 | ELIZABETH DOUGLASS, TIMES STAFF WRITER
Phone.com Inc. said Wednesday that it will buy Software.com Inc. for an estimated $6.9 billion in stock, bringing together two young companies vying to be big players in the future of wireless Internet access. News of the pending deal--along with the addition of a high-ranking executive from Wall Street darling Cisco Systems Inc. to lead the combined companies--sent shares of both merger partners soaring on Nasdaq following the announcement. Phone.com shares rose $13.
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BUSINESS
August 10, 2000 | ELIZABETH DOUGLASS, TIMES STAFF WRITER
Phone.com Inc. said Wednesday that it will buy Software.com Inc. for an estimated $6.9 billion in stock, bringing together two young companies vying to be big players in the future of wireless Internet access. News of the pending deal--along with the addition of a high-ranking executive from Wall Street darling Cisco Systems Inc. to lead the combined companies--sent shares of both merger partners soaring on Nasdaq following the announcement. Phone.com shares rose $13.
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BUSINESS
May 10, 2000 | Bloomberg News
Ants Software.com Inc. said Nasdaq rejected the software developer's listing application, citing its financial condition, an ongoing federal investigation and the resignation of its auditor. The Burlingame, Calif.-based company said it had "cured all of the conditions about which Nasdaq expressed concern" and would file a new application to have its shares, which trade over the counter, listed on Nasdaq. Ants fell $1.81 to close at $7.94 on the Bulletin Board.
BUSINESS
December 14, 2000 | Bloomberg News
Ants Software.com Inc.'s shares fell 32% after Frederick Pettit, 64, resigned as chief executive, two weeks after the software developer warned "present cash resources will sustain operations" only through January. Shares of the Burlingame, Calif.-based company, which says it has found a way to speed up data processing, fell 94 cents to $2 in Nasdaq trading. On Nov. 28, Ants said it was abandoning its new corporate headquarters as losses for its fiscal second quarter ended Oct.
BUSINESS
August 14, 2000
Friday's Top Gainers *--* Chief Executive Company Friday's Change Total Value Lawrence J. Ellison Oracle Corp. +$579,761,760 $53,627,775,141 Jeffrey Bezos Amazon.com +$300,581,208 $3,870,900,000 Sanjiv S. Sidhu I2 Technologies +$173,569,225 $7,201,602,375 Stephen A. Garofalo Metromedia Fiber +$90,213,767 $3,077,879,620 Network "A" Daniel E. Smith Sycamore Networks +$73,140,927 $2,910,733,063 *--* * Friday's Biggest Losers *--* Chief Executive Company Friday's Change Total Value Michael S.
BUSINESS
March 4, 1997 | Times Staff and Wire Reports
Apple Computer Inc. agreed to offer refunds or deep discounts on its PowerPC upgrade kits to settle Federal Trade Commission charges that the company misled consumers into thinking the new technology would be available sooner and at less cost than it was.
BUSINESS
June 24, 1999 | Times Staff and Wire Reports
After a rocky several weeks, Internet IPOs again registered big first-day pops Wednesday as investors cheered the quality of the latest offerings. Ariba Inc.'s 291% jump marked one of the biggest one-day gains for an initial public offering in weeks. Sunnyvale, Calif.-based Ariba (ticker: ARBA), which provides software for the business-to-business e-commerce market, rocketed $67 to close at $90 on Nasdaq. Two other IPOs also registered strong first-day gains: * GlobeSpan Inc.
BUSINESS
April 5, 2013 | By Jessica Guynn and Andrea Chang, Los Angeles Times
MENLO PARK, Calif. - Mark Zuckerberg has set into motion his most ambitious plan yet to make Facebook Inc. the world's dominant form of communication. Facebook's chief executive on Thursday unveiled Facebook Home, software that transforms smartphones and tablets into devices ruled by the giant social network. It digitally shoves aside every other app on the device and allows Facebook to take over the home screen with status updates, photos and messages. For years it was rumored that Facebook - spurred by a firestorm of doubt about its ability to make the business leap to mobile devices - would design and manufacture its own phone.
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