• October 08, 2008 08 Oct'08

    US banks to part-fund Foundry acquisition

    Storage specialist Brocade has secured a $1.2bn (£687m) combined loan and revolving credit facility from the Bank of America, Morgan Stanley and HSBC as it seeks to wrap up its purchase of networking specialist Foundry Networks.  Continue Reading

  • October 07, 2008 07 Oct'08

    SEC probes Jobs heart attack

    US financial regulators are said to be investigating the possibility that last week’s report that Steve Jobs had suffered a heart attack was an attempt to manipulate Apple’s stock price for financial gain.  Continue Reading

  • October 07, 2008 07 Oct'08

    SAP shares slide following gloomy prelim statement

    Warnings from SAP that its business took a hit in the third quarter sent the vendors shares plummeting and indicated that most of the confidence that had been washing around the high-end of the software market has vanished.  Continue Reading