Intuit to allege Microsoft got it to drop rival
Article Abstract:
Intuit's CEO, William Harris, will allege in Microsoft's antitrust trial that rival Microsoft allegedly coerced Intuit into abandoning Netscape's Navigator Web browser from Intuit's Quicken personal-finance software programs in exchange for accessing Windows, an Intuit insider said. The government, scheduled to subpoena Harris on Jan 4, 1999, probably will apply the testimony to support its claims that Microsoft attempted to extend its Windows dominance to play favorites among partners and control Internet access. Quicken has maintained a substantial lead over Microsoft Money, but Intuit executives agreed to two separate contracts with Microsoft amid fears that Microsoft would add financial-services software to Windows. A 1996 arrangement called for Intuit to replace Netscape's Navigator with Microsoft's Internet software, as well as create services that were incompatible for Netscape users. Microsoft's 1994 bid to acquire Intuit for $1.5 billion fizzled after questions from the Justice Department.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Software makers win a round in Year 2000 court fight
Article Abstract:
A California judge dismisses a Year 2000-related lawsuit against Intuit Inc, which publishes Quicken, the popular software package. The class action asserts liability because older versions of Intuit's product flash an error message when dates on or after Jan 1, 2000, are encountered and need to be processed. The judge reasons that damages have not yet occurred because the program has not yet failed as a result of Y2K problems. The decision means Intuit and other software companies are likely to have more time to establish strategies for minimizing Y2K liability. Moreover, other cases could be thrown out if other judges agree with this judge's logic. However, some lawsuits against other software companies would not be affected. Some of them include charges that Y2K damages have already occurred.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Software makers win a round in year 2000 court fight
Article Abstract:
Cupertino, Calif.-based Intuit Inc. has won an early victory in the Year 2000 (Y2K) struggle when a California judge dismissed a class action suit which had claimed that the company's Quicken software was defective. The ruling gave Intuit and other software makers some time to fix the Y2K problems in their software products. The lawsuit, which was filed by the firm of Milberg Weiss Bershad Hynes and Lerach, claimed that Intuit was forcing Quicken software owners to pay for upgrades to correct the Y2K problem.
Comment:
Has won victory in Year 2000 struggle as California judge dismisses class action suit regarding defective Quicken software
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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