admitted
RSS admittedSiemens denies semiconductor sale
News Last week he admitted the company's semiconductor unit is forecast to lose more than DM1bn this fiscal year, but said it was among several poorly performing units which would be looked at closely. Siemens has moved to... [22 Jul 1998]
In brief: SAP surprises with healthy results
News The company admitted that the economic unrest in Asia had a "larger than anticipated effect", leading to a 5 per cent decrease in sales, instead of the projected 14 per cent increase. German software company SAP has... [20 Jul 1998]
Supermarket tests information displays
News Rick Paull, business development manager at ICL, admitted: "The technology does allow for time-of-day price changes. Sainsbury's will test electronic edge-of-shelf labels in an London store this autumn. [17 Jul 1998]
Delays hit £70m Siemens database
News Siemens Business Services (SBS) admitted today for the first time that its £70m Private Finance Initiative (PFI) scheme to supply an immigration caseworking database to the Home Office is running at least six months late. [15 Jul 1998]
UK government falls behind electronic transactions target
News Bob Assirati, CEO of the CCTA, admitted that no one knows what percentage of dealings are happening electronically now. Less than ten per cent of UK government agencies are actively upgrading their IT in line with the... [10 Jul 1998]
EC to clear the way for WorldCom and MCI merger
News Two weeks ago, the EC, which is the EU's executive arm, admitted it had concluded negotiations with the two US telcos. The European Commission (EC) is today expected to give its official approval to the $37bn (£23.1bn)... [08 Jul 1998]
In brief: Czech telco brings IP telephony to the mobile
News However, RadioMobile admitted the lines will be of lower quality and said the tariffs are still not as low as those offered by callback operators. Customers of Czech telco, RadioMobile, will be able to make calls from... [06 Jul 1998]
NatWest denies claims of Microsoft involvement in network crash
News Although he admitted the network had suffered problems, he said that switching to contingency software restored the network. NatWest has played down the impact of its retail banking network crash, despite reports that... [03 Jul 1998]
In brief: Intel closes chip plants
News Originally the company planned to cut 3,000 jobs through natural wastage, but spokesman for Intel admitted that it was now offering severance packages to encourage staff to take redundancy. Intel is reacting to... [02 Jul 1998]
NatWest makes light of network crash
News The spokesman admitted some customers were still suffering delays due to the outage but said the bank was working to clear up the last of the problems. NatWest played down the impact of its retail banking network... [01 Jul 1998]
Are your Java developers certifiable?
News The company admitted its level of developer support has been lacking, but it promises to improve it by the end of the year. Sun Microsystems is warning companies to pay close attention to Java accreditation after the... [01 Jul 1998]
Iomega and Nomai make up and link up
News In a surprising move, Nomai has not only admitted to wrong-doing, but agreed to let Utah-based Iomega take a majority stake in the company. Iomega's protracted legal battle with French disk drive and cartridge... [01 Jul 1998]
Survey reveals weak Net defences
News In a survey of 200 companies - the majority of which feature in the Times 1000 list - 47 per cent admitted they don't know how to protect against viruses and other problems associated with Internet. The Federation... [01 Jul 1998]
Canon turns down IBM printer offer
News Japanese printer company Canon admitted today that it was offered IBM's $2bn printer business, but declined it. A spokesman from Canon said it will remain focused on the desktop end of the market. IBM is believed to have... [30 Jun 1998]
In brief: Azlan finds US suitor
News Troubled distributor, Azlan, has admitted being approached by at least one company interested in taking it over. US giant, CHS, is rumoured to be in the frame. The talk helped Azlan's share price go up 16p to 72p, still... [30 Jun 1998]
