An unofficial tsunami relief website suspected of trying to defraud charitable Australians was started by a Hobart 19-year-old whose uncle went missing in the Boxing Day tragedy.

IBM reveals PC losses

A US Securities and Exchange regulatory filing revealed that IBM had been losing money on its PC operation for three years, and that the losses continued even after the firm had outsourced most of its PC manufacturing in 2002.

Oracle axes top PeopleSoft brass
Oracle wasted little time cleaning house in its takeover of PeopleSoft, removing four top executives from the latter's ranks and replacing them with Oracle executives, according to a US regulatory filing by Oracle.
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St.George Bank sells ATM network

St.George Bank has sold its unbranded merchant ATM network of some 700 machines to ASX-listed NSW service provider Customers Ltd.

HP puts IBM on notice

Hewlett-Packard is set to launch within days a PC rebate program designed to wrest market share from IBM in the wake of Big Blue's pending sale of its PC business to Lenovo.