CA Inc. is trying to recover the $14.9 million that the software company spent to defend former chief executive Sanjay Kumar against accounting-fraud charges. A similar court battle could be in line for Denver-based Qwest if former chief executive Joe Nacchio is convicted of criminal insider trading.
Microsoft Corp.'s quarterly profits suffered from the delay of the next Windows and Office versions, but sales of server software helped the company beat Wall Street's expectations in results reported Thursday.
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AT&T's net rises 17% in 4th quarter Microsoft Corp. said Thursday that second-quarter earnings fell 28 percent on an accounting rule that required the world's largest softwaremaker to defer $1.64 billion in sales.
Here comes a new Windows operating system from Microsoft Corp. Long delayed, it's the first in several years, so the company plans an enormous marketing campaign to tout the software as a way to get more out of computers.
CA Inc.'s former chief financial officer, Ira Zar, was sentenced Friday to seven months in prison and seven months home detention after pleading guilty to criminal charges and cooperating with prosecutors investigating a massive accounting fraud at the software company.
The world's largest software maker, Microsoft, reported a 28 percent drop in earnings in its second quarter because of an accounting rule that required it to defer some sales.
