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World News Atlas    San Francisco Bay Area    Business    2001

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SF Bay Area, Business, 2001 Timeline Saturday, June 21     Author
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Summary.     Click for More > William Hewlett dead at 87  He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley Cisco cut 8,000 jobs PG&E files for bankruptcy
Jan.12   Palo Alto
Mar.4  Moraga  Store sells $89M lottery ticket
Mar.7  Yahoo  Yahoo! CEO to step down
Mar.9   Cisco
Apr.6   San Francisco
  California's largest utility voluntarily filed for Chapter 11. It had run up an $8.9 billion deficit.    Pacific Gas and Electric Co debts are increasing by $300 million a month. The bankruptcy filing does not affect the utility's parent company, PG&E Corp. It's the thi...
Apr.13  Yahoo  Yahoo takes adult merchandise off Apr.17  Yahoo  Yahoo! names CEO Apr.18  HP  HP to cut 3,000 jobs Apr.23  Intel  Intel Launches Pentium 4 Chip May.8  Cisco  Cisco posts first quarterly loss May.29  Sun  Sun Microsystems lowers forecasts Jun.28   San Jose   Largest jackpot in history: $141M  Alcario Castellano, 66, claimed a $141 million lottery prize. He chose to take the money in a lump sum, $70 million Jun.29  BART  BART strike averted Jul.2  Napster  Napster goes dark Jul.9  Foster City  Webvan closes, lay off 2,000 Jul.17  Intel  Intel beats expectations Jul.26   HP HP cutting 6,000 jobs  San Jose  JDS to cut 7,000 additional jobs Aug.6  Google  Google names E. Schmidt new CEO Aug.23  Cisco  Cisco announces reorganization Sep.3   HP HP buying Compaq for $25 billion Sep.5  SF Downtown  Chevron moves to San Ramon Sep.13   SFO SFO and SJC reopened Sep.26  Santa Clara  Exodus files for bankruptcy protection Oct.5  Sun  Sun cut 9% of work force Oct.15  Pleasanton  Commerce One to cut 1,300 jobs Oct.23   Apple   iPod: New digital music player
  The new MP3 player is a device with the size of a deck of cards, that can hold 1,000 songs
 It will take up to 10 seconds to download a CD of music via a FireWire link. The player will only work on Macs running operating systems and iTunes 2. The device only works one way, from a computer to the iPod, to discourage digital music piracy
Oct.24   BART BART strike averted Nov.2  Redwood City  Hearst leaves ExciteAtHome Nov.5  San Francisco  PG&E's earnings triple Nov.6  HP  Founder family oppose Compaq deal Nov.11  SF City Hall  Public power measures defeated Nov.15  Yahoo  Yahoo to cut 400 jobs  Palo Alto  Agilent to cut 4,000 more jobs Nov.27  SF Chronicle  Chronicle to cut 220 jobs Dec.1  San Francisco  ExciteAtHome turns off service Dec.4  Redwood City  ExciteAtHome will cease in February Dec.15  SFO  Security badges taken from 29 felons Dec.28  Oracle  Up to 850 workers to be fired


World Business News Timeline
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William Hewlett dead at 87

January 2001 ... more > Top ^

Jan.12   Palo Alto
  He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley

February 2001 ... more > Top ^

Feb.12  Napster  Court to stop Napster

March 2001 ... more > Top ^

Mar.1  Oracle  Oracle warns of lower earnings Mar.4   Moraga Store sells $89M lottery ticket Mar.7   Yahoo Yahoo! CEO to step down Mar.9   Cisco Cisco cut 8,000 jobs
  Stock price plunged to a 52-week low dropping 10%
Mar.16  San Francisco  PG&E gets $1.2 billion tax refund Mar.19  San Francisco  Blackouts Are Back Mar.22  Schwab  Schwab plans to cut 3,400 jobs Mar.28  SF Downtown  Office rents down

April 2001 ... more > Top ^

Apr.2  Mountain View  Ariba to cut 1/3 of workforce Apr.6   San Francisco PG&E files for bankruptcy
  California's largest utility voluntarily filed for Chapter 11. It had run up an $8.9 billion deficit
 Pacific Gas and Electric Co debts are increasing by $300 million a month. The bankruptcy filing does not affect the utility's parent company, PG&E Corp. It's the third-largest bankruptcy in U.S. history. PG&E has 15 days to complete its bankruptcy paperwork. The governor called the decision 'a real slap in the face to California'
Apr.7  San Francisco  PG&E bonuses before bankruptcy Apr.10  Napster  Judge may shut down Napster Apr.11  Yahoo  Yahoo cutting 12% work force Apr.13   Yahoo Yahoo takes adult merchandise off Apr.17   Yahoo Yahoo! names CEO  Intel  Intel net income drop 80% Apr.18   HP HP to cut 3,000 jobs  Apple  Apple returns to profitability Apr.23   Intel Intel Launches Pentium 4 Chip Apr.25  San Francisco  Chevron's profit rises 53%  Pleasanton  PeopleSoft exceeds expectations Apr.26  San Francisco  PG&E has 10,000 creditors

May 2001 ... more > Top ^

May.7  3Com  3Com cuts 3,000 jobs May.8   Cisco Cisco posts first quarterly loss May.17  Pleasanton  Commerce One Cuts 10% Jobs May.24  Redwood City  Newborns get Internet address  Santa Clara  Covad shows $1.4 billion loss  Intel  G. Moore steps down from board May.29   Sun Sun Microsystems lowers forecasts

June 2001 ... more > Top ^

Jun.18  Oracle  4rth-quarter beat expectations Jun.26  BART  2 BART unions authorize strike Jun.28   San Jose   Largest jackpot in history: $141M
  Alcario Castellano, 66, claimed a $141 million lottery prize. He chose to take the money in a lump sum, $70 million
Jun.29   BART BART strike averted

July 2001 ... more > Top ^

Jul.2  Intel  Fastest Chips   Napster Napster goes dark Jul.3  Apple  No more Power Mac G4 Cubes Jul.5  AMD  AMD fall well short of earnings Jul.7  San Francisco  61-year-old woman gives birth Jul.9   Foster City Webvan closes, lay off 2,000  Online grocer would file for Chapter 11 bankruptcy. It never came close to making money Jul.11  Yahoo  Earnings edge forecast, shares rise Jul.17   Intel Intel beats expectations  HP  Molecular computers Jul.18  SF Downtown  Webby Awards Jul.19  eBay  EBay profits beat forecasts  Sun  Sun beats expectations Jul.23  Napster  Napster drops interim CEO Jul.26   HP HP cutting 6,000 jobs
  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force
  San Jose JDS to cut 7,000 additional jobs Jul.30  San Francisco  Programmer's release demanded

August 2001 ... more > Top ^

Aug.6   Google Google names E. Schmidt new CEO Aug.16  HP  HP reports 89% drop in profit Aug.20  Palo Alto  Agilent cutting 4,000 jobs Aug.21  SJC  New runway at Airport Aug.23   Cisco   Cisco announces reorganization  Company's engineering organization will focus on 11 technology groups

September 2001 ... more > Top ^

Sep.3   HP   HP buying Compaq for $25 billion
  The new company with annual earnings of $3.9 billion and 145,000 employees would rival IBM
Sep.4  BART  BART Strike Averted Sep.5   SF Downtown Chevron moves to San Ramon Sep.7  SF Downtown  1840's ship uncovered Sep.13   SFO   SFO and SJC reopened
  Most foreign carriers did not fly ou of SFO. Some domestic flights leaving
Sep.24  Napster  Deal with music publishers Sep.26   Santa Clara Exodus files for bankruptcy protection Sep.28  San Jose  Atmel to cut 2,500 jobs

October 2001 ... more > Top ^

Oct.2  San Jose  BEA CEO steps down Oct.5   Sun Sun cut 9% of work force Oct.15   Pleasanton Commerce One to cut 1,300 jobs Oct.16  BART  BART union rejects offer Oct.18  San Francisco  Chairman resigns at Providian  Sun  Sun beats expectations Oct.23   Apple   iPod: New digital music player
  The new MP3 player is a device with the size of a deck of cards, that can hold 1,000 songs
 It will take up to 10 seconds to download a CD of music via a FireWire link. The player will only work on Macs running operating systems and iTunes 2. The device only works one way, from a computer to the iPod, to discourage digital music piracy
Oct.24   BART BART strike averted
  Union, representing 238 controllers and supervisors, accepted a wage and benefits package
Oct.29  Redwood City  Openwave to cut 300 jobs

November 2001 ... more > Top ^

Nov.1  San Jose  BEA Systems layoffs 300 Nov.2   Redwood City Hearst leaves ExciteAtHome Nov.5   San Francisco PG&E's earnings triple Nov.6   HP   Founder family oppose Compaq deal  The family and foundation of William Hewlett will vote their 5% stake against the takeover Nov.8  Palm  CEO Yankowski resigns Nov.11   SF City Hall Public power measures defeated  After 5 days of waiting, measure F lost by 533 votes, measure I lost by 4,361 votes Nov.15   Yahoo Yahoo to cut 400 jobs   Palo Alto Agilent to cut 4,000 more jobs Nov.26  San Francisco  Providian hires new CEO Nov.27   SF Chronicle Chronicle to cut 220 jobs

December 2001 ... more > Top ^

Dec.1   San Francisco ExciteAtHome turns off service Dec.4   Redwood City ExciteAtHome will cease in February  Bankrupt company will discontinue high-speed Internet service after reaching a deal with cable partners Dec.6  Pleasanton  Commerce One co-founder dies Dec.7  HP  Packard Foundation against merger Dec.15   SFO Security badges taken from 29 felons Dec.28   Oracle Up to 850 workers to be fired


HP buying Compaq for $25 billion



SF Bay Area, Business, 2001 Financial Timeline ... See Bay Area Financial timeline, World Financial timeline Top ^
2001
Apr.26  San Francisco  PG&E has 10,000 creditors



SF Bay Area, Business, 2001 Merger Timeline ... See Bay Area Merger timeline, World Merger timeline Top ^
2001
Sep.3   HP
  The new company with annual earnings of $3.9 billion and 145,000 employees would rival IBM
Nov.6   HP Founder family oppose Compaq deal  The family and foundation of William Hewlett will vote their 5% stake against the takeover Nov.11   SF City Hall Public power measures defeated  After 5 days of waiting, measure F lost by 533 votes, measure I lost by 4,361 votes Dec.7  HP  Packard Foundation against merger


SF Bay Area, Business, 2001 Business Timeline ... See Bay Area Business timeline, World Business timeline Top ^
2001 Sep.5   SF Downtown Chevron moves to San Ramon


SF Bay Area, Business, 2001 Healthcare Timeline ... See Bay Area Healthcare timeline, World Healthcare timeline Top ^
2001 Jul.7  San Francisco  61-year-old woman gives birth


SF Bay Area, Business, 2001 Earnings Timeline ... See Bay Area Earnings timeline, World Earnings timeline Top ^
2001 Mar.1  Oracle  Oracle warns of lower earnings Apr.17  Intel  Intel net income drop 80% Apr.18  Apple  Apple returns to profitability Apr.25  San Francisco  Chevron's profit rises 53% Apr.25  Pleasanton  PeopleSoft exceeds expectations May.8   Cisco Cisco posts first quarterly loss May.24  Santa Clara  Covad shows $1.4 billion loss May.29   Sun Sun Microsystems lowers forecasts Jun.18  Oracle  4rth-quarter beat expectations Jul.5  AMD  AMD fall well short of earnings Jul.11  Yahoo  Earnings edge forecast, shares rise Jul.17   Intel Intel beats expectations Jul.19  eBay  EBay profits beat forecasts Jul.19  Sun  Sun beats expectations Aug.16  HP  HP reports 89% drop in profit Oct.18  Sun  Sun beats expectations


SF Bay Area, Business, 2001 Justice Timeline ... See Bay Area Justice timeline, World Justice timeline Top ^
2001 Feb.12  Napster  Court to stop Napster Apr.10  Napster  Judge may shut down Napster Jun.26  BART  2 BART unions authorize strike Jun.29   BART BART strike averted Sep.4  BART  BART Strike Averted Oct.16  BART  BART union rejects offer Oct.24   BART BART strike averted
  Union, representing 238 controllers and supervisors, accepted a wage and benefits package



SF Bay Area, Business, 2001 Job Cut Timeline ... See Bay Area Job Cut timeline, World Job Cut timeline Top ^
2001 Mar.9   Cisco Cisco cut 8,000 jobs
  Stock price plunged to a 52-week low dropping 10%
Mar.22  Schwab  Schwab plans to cut 3,400 jobs Apr.2  Mountain View  Ariba to cut 1/3 of workforce Apr.11  Yahoo  Yahoo cutting 12% work force Apr.18   HP HP to cut 3,000 jobs May.7  3Com  3Com cuts 3,000 jobs May.17  Pleasanton  Commerce One Cuts 10% Jobs Jul.9   Foster City Webvan closes, lay off 2,000  Online grocer would file for Chapter 11 bankruptcy. It never came close to making money Jul.26   HP HP cutting 6,000 jobs
  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force
Jul.26   San Jose JDS to cut 7,000 additional jobs Aug.20  Palo Alto  Agilent cutting 4,000 jobs Sep.28  San Jose  Atmel to cut 2,500 jobs Oct.5   Sun Sun cut 9% of work force Oct.15   Pleasanton Commerce One to cut 1,300 jobs Oct.29  Redwood City  Openwave to cut 300 jobs Nov.1  San Jose  BEA Systems layoffs 300 Nov.15   Yahoo Yahoo to cut 400 jobs Nov.15   Palo Alto Agilent to cut 4,000 more jobs Nov.27   SF Chronicle Chronicle to cut 220 jobs Dec.28   Oracle Up to 850 workers to be fired


SF Bay Area, Business, 2001 Bankruptcy Timeline ... See Bay Area Bankruptcy timeline, World Bankruptcy timeline Top ^
2001 Apr.7  San Francisco  PG&E bonuses before bankruptcy Sep.26   Santa Clara Exodus files for bankruptcy protection Dec.4   Redwood City ExciteAtHome will cease in February  Bankrupt company will discontinue high-speed Internet service after reaching a deal with cable partners


SF Bay Area, Business, 2001 High Tech Timeline ... See Bay Area High Tech timeline, World High Tech timeline Top ^
2001 Apr.23   Intel Intel Launches Pentium 4 Chip Jul.2  Intel  Fastest Chips Jul.3  Apple  No more Power Mac G4 Cubes Jul.17  HP  Molecular computers Aug.23   Cisco Cisco announces reorganization  Company's engineering organization will focus on 11 technology groups Sep.24  Napster  Deal with music publishers Oct.23   Apple   iPod: New digital music player
  The new MP3 player is a device with the size of a deck of cards, that can hold 1,000 songs
 It will take up to 10 seconds to download a CD of music via a FireWire link. The player will only work on Macs running operating systems and iTunes 2. The device only works one way, from a computer to the iPod, to discourage digital music piracy
Dec.1   San Francisco ExciteAtHome turns off service


SF Bay Area, Business, 2001 Aviation Timeline ... See Bay Area Aviation timeline, World Aviation timeline Top ^
2001 Aug.21  SJC  New runway at Airport Sep.13   SFO   SFO and SJC reopened
  Most foreign carriers did not fly ou of SFO. Some domestic flights leaving
Dec.15   SFO Security badges taken from 29 felons


SF Bay Area, Business, 2001 Retail Timeline ... See Bay Area Retail timeline, World Retail timeline Top ^
2001 Jun.28   San Jose Largest jackpot in history: $141M
  Alcario Castellano, 66, claimed a $141 million lottery prize. He chose to take the money in a lump sum, $70 million



SF Bay Area, Business, 2001 Maritime Timeline ... See Bay Area Maritime timeline, World Maritime timeline Top ^
2001 Sep.7  SF Downtown  1840's ship uncovered


SF Bay Area, Business, 2001 High Tech Timeline ... See Bay Area High Tech timeline, World High Tech timeline Top ^
2001 Jul.17  HP  Molecular computers


SF Bay Area, Business, 2001 Software Timeline ... See Bay Area Software timeline, World Software timeline Top ^
2001 Feb.12  Napster  Court to stop Napster Apr.10  Napster  Judge may shut down Napster Apr.13   Yahoo Yahoo takes adult merchandise off May.24  Redwood City  Newborns get Internet address Jul.2   Napster Napster goes dark Jul.18  SF Downtown  Webby Awards Jul.30  San Francisco  Programmer's release demanded


SF Bay Area, Business, 2001 Business Leaders Timeline ... See Bay Area Business Leaders timeline, World Business Leaders timeline Top ^
2001 Mar.7   Yahoo Yahoo! CEO to step down Apr.17   Yahoo Yahoo! names CEO May.24  Intel  G. Moore steps down from board Jul.23  Napster  Napster drops interim CEO Aug.6   Google Google names E. Schmidt new CEO Oct.2  San Jose  BEA CEO steps down Oct.18  San Francisco  Chairman resigns at Providian Nov.2   Redwood City Hearst leaves ExciteAtHome Nov.8  Palm  CEO Yankowski resigns Nov.26  San Francisco  Providian hires new CEO


SF Bay Area, Business, 2001 Protest Timeline ... See Bay Area Protest timeline, World Protest timeline Top ^
2001 Jul.30  San Francisco  Programmer's release demanded


SF Bay Area, Business, 2001 Timeline ... See Bay Area timeline, World timeline Top ^
2001 Mar.4   Moraga Store sells $89M lottery ticket


SF Bay Area, Business, 2001 Commercial Real Estate Timeline ... See Bay Area Commercial Real Estate timeline, World Commercial Real Estate timeline Top ^
2001 Mar.28  SF Downtown  Office rents down


SF Bay Area, Business, 2001 Business Obituary Timeline ... See Bay Area Business Obituary timeline, World Business Obituary timeline Top ^
2001 Jan.12   Palo Alto William Hewlett dead at 87
  He was an engineer who co-founded Hewlett-Packard Co. in a garage in 1938 and pioneered Silicon Valley
Dec.6  Pleasanton  Commerce One co-founder dies


SF Bay Area, Business, 2001 Energy Timeline ... See Bay Area Energy timeline, World Energy timeline Top ^
2001 Mar.16  San Francisco  PG&E gets $1.2 billion tax refund Mar.19  San Francisco  Blackouts Are Back Apr.6   San Francisco PG&E files for bankruptcy
  California's largest utility voluntarily filed for Chapter 11. It had run up an $8.9 billion deficit
 Pacific Gas and Electric Co debts are increasing by $300 million a month. The bankruptcy filing does not affect the utility's parent company, PG&E Corp. It's the third-largest bankruptcy in U.S. history. PG&E has 15 days to complete its bankruptcy paperwork. The governor called the decision 'a real slap in the face to California'
Nov.5   San Francisco PG&E's earnings triple Nov.11   SF City Hall Public power measures defeated  After 5 days of waiting, measure F lost by 533 votes, measure I lost by 4,361 votes