| TigerDirect's parent to buy CompUSA stores
Systemax, based in Port Washington, N.Y., will also purchase the CompUSA brand, trademarks and e-commerce business from the struggling Dallas-based company, which was sold last year to restructuring firm Gordon Brothers Group. ''We believe the value of the CompUSA brand remains very high,'' Systemax CEO Richard Leeds said. ``The company has a long legacy of value pricing, service and customer loyalty among consumers nationwide.'' The announcement on Sunday said Systemax is buying up to 16 CompUSA stores in Florida, Texas and Puerto Rico. Leeds said the acquisition would complement Systemax's TigerDirect subsidiary, which operates 11 retail stores in Florida, Illinois, North Carolina and Canada. CompUSA announced in December it would lay off 150 people from three South Florida stores, in Pembroke Pines, Kendall and Deerfield Beach.
EU Probes Microsoft Again
Since Microsoft supplies the software to the vast majority of home and office computers, rivals complain that refusal to give them interoperability information shuts the door on a huge potential market. The EU said it was acting on a complaint from the European Committee for Interoperable Systems , a group representing IBM, Nokia Corp., Sun Microsystems Inc., RealNetworks Inc. and Oracle Corp. , that has asked regulators prevent Vista using Microsoft's existing monopoly power to move into the new Internet market. "It is regrettable that despite the judgment of September 2007, Microsoft continues to use its desktop monopolies to restrict competition. That's what the ECIS and Opera complaints are about," ECIS spokesman and legal counsel Thomas Vinje said. The EU said it will also look at whether Office Open XML , used by governments and large corporations to store older documents , "is sufficiently interoperable with competitors' products." Microsoft said it developed the format to offer richer software than the nonproprietary OpenDocument Format created by open source developers and used by IBM.
Premiers cite job losses to pressure PM
These lousy premiers of Ont and Que cannot control their own budgets properly, so have their hands stuck out DEMANDING that Ottawa give more, more, more to them. So what if CAW and McSquinty are in cahoots - Buzz has spent years destroying the automotive sector with unreasonable wages, far higher than what such otherwise unskilled, uneducated workers should received. Buzz has forced the price of vehicles (due to payroll costs) to be higher than they should be, so when the auto-industry is in trouble, does he want to scale back those high wages to make the auto-industry viable? No, he just DEMANDS more money should be shovelled his way. Well BUZZ, you are directly responsible, in a large way, for the mess currently affecting the industry - so maybe you should find a way to fix it, rather than expecting the taxpayers to fix your mess.
Strong Sales Push Apple Shares to $200 Milestone
Apple released a refreshed line of iPods during the year, updating its flash-based nano model to one that can play videos, and introducing the iPod touch, which is much like an iPhone without cellular calling capabilities. The company also refreshed its notebook computers during the year. Free Newsletter Now Available From TechNewsWorld. Tech News Flash is your one-stop source for daily technology news and information, delivered straight to your inbox directly from TechNewsWorld. Keep up with the latest breaking tech news and enjoy insightful analysis from our team of expert writers and reporters. Subscribe Today. .
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