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- Lawson Software shares tumble after job cuts (AP via Yahoo! Finance)
Shares of Lawson Software Inc., which makes business automation Software, tumbled Wednesday on fears that a big round of layoffs will hurt its ability to generate future sales.
- Microsoft Will Replace OneCare with Security Software (NewsFactor via Yahoo! News)
Microsoft plans to stop accepting paid subscriptions to Windows Live OneCare in mid-2009. The security Software is slated to be replaced by a free offering code-named Morro, which will focus on providing consumer PCs with core protection from viruses, spyware, rootkits, trojans and other forms of malware.
- IBM Buys Virtualization-Software Company Transitive (NewsFactor via Yahoo! News)
IBM plans to buy Transitive to help its customers cut costs. Big Blue announced Tuesday that it will acquire the Los Gatos, Calif.-based virtualization-software company for an undisclosed amount.
- Symantec, McAfee slide as Microsoft eyes free rival software (Market Watch)
Investors push down shares of the leading vendors of corporate software security technology after Microsoft unveils plans to introduce a rival product free of charge in 2009.
- Lawson Software cutting 200 jobs (AP via Yahoo! Finance)
Lawson Software says it's cutting 200 jobs, or 5 percent of its worldwide work force, because of the global economic slowdown.
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