Revlon sues supplier over software disabling
Article Abstract:
Revlon Inc sues Logisticon Inc after the software publishers repossesses its inventory control software over a contract dispute. The cosmetics giant considers Logisticon's actions a form of commercial terrorism and sues for breach of contract, trespassing, interference and extortion. The software publisher repossessed its software through telephone lines and shut down deliveries for three days at two main distribution centers; hundreds of workers were idled and as much as $20 million of product deliveries were halted Oct 16 to Oct 19, 1990. Revlon complained that the software was not performing satisfactorily and refused to make a $180,000 payment on Oct 9, 1990. The company also cancelled the second part of the contract, which was valued at $600,000. Logisticon retaliated by activating computer viruses that were implanted in the inventory control software.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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Microsoft to try new market by acquiring Fox Software
Article Abstract:
Microsoft is planning to buy Fox Software Inc, a data base software company, in a deal worth more than $170 million. Microsoft agreed to exchange 1.36 million of its shares, making this the largest acquisition in the company's history. The move puts Microsoft in a new market and is the second acquisition the company has made that pits it against Borland International Inc. Microsoft's acquisition of Ashton-Tate in 1991 was the initial challenge to Borland's control of the database market. The announcement caused Borland's stock to drop $7.25 a share to $63. Fox is a privately held company that has about 300 employees and is worth an estimated $40 million in revenues. Fox's database product FoxPro has a 10 percent share of the market, is compatible with dBase and is known for its speed. Microsoft hopes to increase the product's market share.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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Apple may widen sale of operating systems
Article Abstract:
Apple Computer Inc will expand its activities as a vendor of operating systems. Apple Chmn and CEO John Sculley suggests that Apple is developing a new operating system capable of running on various microprocessors and types of computers. Such a move would be a dramatic break with Apple's traditions: the company has always treated its operating systems software as proprietary. It means that Apple recognizes that the industry is moving toward standards. The company can no longer thrive as 'an island unto itself.' Microsoft Corp, too, is moving toward standardization. Microsoft is developing an operating system called OS/2 Version 3, which will run on a variety of microprocessors.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
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