And also today (25-Apr-2001), for the record...

 

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Posted on 25 Apr 2001 at 17:27

Here, in brief, are some of the day's other stories.

• Harder times for Compaq Compaq has seen its first quarter profits drop from $296m a year ago to $78m, with total revenue falling three per cent. In the wake of the news, the PC builder has announced a further 2,000 job cuts, reducing its workforce by 10 per cent over the year. [more...]
• Adobe eBook Reader 2.1 Adobe has updated its free Reader for digital text. Features in 2.1 (for Windows and Macs) include Adobe CoolType technology, letting you choose the resolution to view fonts, a new interactive dictionary hyperlinked to every word and the ability - publisher permission pending - to swap selections with other eBook Readers. [more...]
• Executive fingers in the till A former VP of Cisco Systems has been arrested over accusations of embezzling more than $10m. The VP of business development, reports the LA Times, is charged with acquiring more than 30,000 shares, which he sold after transferring them to a business of his own, based in the Bahamas.

Author: Alun Williams