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World News Atlas    San Francisco Bay Area    Palo Alto    2002

Palo Alto, 2002 Timeline Saturday, April 21 Bookmark and Share     Author
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Summary.     Click for More > Independent: investors approve vote Judge rules Compaq deal can continue Sun president stepping down Compaq acquisition officially closed Merger Layoffs Will Hit At Least 15,000  CEO Carly Fiorina says she will try to keep the lid on layoffs 94-year-old woman fights off attacker Five arrested in prostitution bust Layoffs allegedly favored foreign workers 2 dead, 3 injured in head-on collision Pioneer of Gnutella dies at 25  Gene Kan, an unofficial spokesman for file-swapping Gnutella, found dead of an apparently self-inflicted gunshot wound Returns to profitability in fourth quarter Sun Shares Off 27% Sun to hit bottom part of revenue HP to cut additional 1,800 jobs  The company blamed the reductions on a continued market slowdown and to have a competitive structure Feds investigating exports Sun posts $111M loss, to cut 4,400 jobs  Sun Microsystems will cut 11% of its work force to bring its expenses in line with sales, despite results that beat expectations Microsoft Ordered to Carry Sun's Java
HP earnings soar PayPal prices IPO at $13 per share Research firm recommends merger Regulators Approve HP-Compaq Deal Sun sues Microsoft CEO claims victory in merger vote
Feb.13
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Mar.5
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Mar.19
  Dissident board member W. Hewlett insisted the vote remained too close to call.    The turbulent shareholder meeting drew more than 2,000 mom-and-pop investors, current and past Hewlett-Packard employees...
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May.11
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Jun.24
Jul.7
Jul.9
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Aug.29
Sep.25
Oct.1
Oct.17
Dec.23




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Sun beats expectations Quarterly results will beat forecasts HP earnings soar  First-quarter profits more than tripled on strong computer and printer sales and beat Wall Street expectations PayPal prices IPO at $13 per share  Online payment provider is overcoming legal and regulatory worries PayPal to net $61.3 million from IPO Shoplifters steal $42,800 diamond ring HP Fires Back at Walter Hewlett Premature infant had heart surgery Potential windfall for CEOs is hidden Research firm recommends merger  A highly influential proxy research firm recommended investors to approve the proposed $22 billion acquisition of Compaq Regulators Approve HP-Compaq Deal  Antitrust regulators have given their okay to the biggest merger in high tech history Sun sues Microsoft  Sun Microsystems is claiming $1 billion in damages from the decision to make Windows XP incompatible with Sun's Java Lawsuit against PayPal 2 more big investors shun merger Merger contest too close to call Last-minute bids for support on vote CEO claims victory in merger vote


January 2002 ... more > Top ^
Jan.18


February 2002 ... more > Top ^
Feb.4
Feb.13  
Feb.14  
Feb.15
Feb.19  Free e-mail service ends
Feb.22
Feb.26
Feb.28  Memos to back up CEO pay claims


March 2002 ... more > Top ^
Mar.3  Investors Discuss Fiorina Replacement
Mar.5  
Mar.6  
Mar.7  Sun reaffirms outlook
 Standard & Poor's cuts credit ratings
Mar.8  
Mar.9  Pre-med scholarship
Mar.10  Walter Hewlett Confident Merger to Fall
Mar.11  Board might resign if merger rejected
Mar.13
Mar.14
Mar.17
Mar.18
Mar.19  
  Dissident board member W. Hewlett insisted the vote remained too close to call
 The turbulent shareholder meeting drew more than 2,000 mom-and-pop investors, current and past Hewlett-Packard employees. The 15,000 layoffs that are expected if the deal goes through. HP shares fell 45 cents, more than 2 percent, to $18.80
Mar.22  Stock sags on report of low sales Mar.25  Sun to Bring Web Services to Wireless  Wi-Fi wireless 'hot zone' Mar.28 Walter Hewlett sues HP Mar.29  Startups Moxi Digital, digeo to merge  Police expressed sympathy and concern

April 2002 ... more > Top ^
Apr.1 Merger opponent Hewlett not in board
Apr.2  HP asks judge to dismiss Hewlett lawsuit Apr.5  Fiorina Set for Pay Hike on Compaq Deal Apr.6  Deputiy's wife hurt in 101 crash Apr.9  Server Computer Aimed at Corporations Apr.10 'Extraordinary' steps before merger vote Apr.17   Independent: investors approve vote  51.4% of those cast, were voted in favor of acquisition of Compaq, though the result still is not final  PayPal reports first quarterly profit  Diffie named to chief security officer Apr.18 Narrower third-quarter loss Apr.25  CFO retires Apr.26 Walter Hewlett Thrown Off Board Apr.30   Judge rules Compaq deal can continue  A judge cleared Hewlett-Packard of allegations it acted improperly in the vicious proxy fight over the acquisition  Hewlett gives up after judge OKs deal

May 2002 ... more > Top ^
May.1   Sun president stepping down  President and chief operating officer Ed Zander, 55, will be replaced by the company's chief executive, Scott McNealy  Limit on schools raise and spend money May.3   Compaq acquisition officially closed
  Investors will receive 0.6325 shares of HP for every Compaq share they own. Ticker symbol will change from HWP to HPQ May.6  Shares Up After Merger, New Symbol May.7   Merger Layoffs Will Hit At Least 15,000
  CEO Carly Fiorina says she will try to keep the lid on layoffs
SJ Arena going to be HP Pavilion May.9 Teacher convicted of sex crimes May.11   94-year-old woman fights off attacker  The victim fought back and may have wounded an young Hispanic male May.12   Five arrested in prostitution bust  Japanese Acupuncture Center, the Hong Kong Health Center and Oriental Health Center were part of a prostitution ring May.13  Sun to Offer Yahoo Content May.14 Earnings expectations met May.22  New version of Solaris operating system May.23  Orders Lag but Targets June Profit May.30  Overtures Extends Pact with AltaVista

June 2002 ... more > Top ^
Jun.1  School lunches to be organic Jun.4  Cost cuts achieved ahead of schedule  Same needle on multiple patients Jun.6  Walter Hewlett Planned to Sell Shares Jun.17  Low-End Server Jun.18  Free Software to Undercut Microsoft Jun.20 Contract workers to be fired
Jun.24   Layoffs allegedly favored foreign workers  Federal authorities are investigating claims after a complaint filedl by Guy Santiglia, who lost his engineering job Jun.25  Focus on Photos Jun.27  PayPal insiders sell 6 million shares at $19

July 2002 ... more > Top ^
Jul.5 Standoff closes 101 after 100 mph chase
Jul.7   2 dead, 3 injured in head-on collision  Man was driving a sedan eastbound in the westbound lanes and slammed into a minivan carrying a family of four Jul.9   Pioneer of Gnutella dies at 25
  Gene Kan, an unofficial spokesman for file-swapping Gnutella, found dead of an apparently self-inflicted gunshot wound
Jul.15  Infrastructure software lines discontinued Jul.18   Returns to profitability in fourth quarter  Sun Microsystems posted earnings of $20 million, as it continued to struggle with the lingering economic downturn Jul.19   Sun Shares Off 27%  Shares dropped as low as $4.10, the lowest in more than 4 years, after the computer maker projected a slide back to losses Jul.25  Cisco to Buy Ayr Networks Jul.28  Telstra Picks Sun Micro in Telecoms Deal Jul.29  New Line of Photo Printers Jul.30  HP Turned Down PWC Merger Again

August 2002 ... more > Top ^
Aug.9 Sun Microsystems Loaned $6.3 Million Aug.10 DNA didn't match, rape charges dropped  Low-end Linux machine Aug.11  2-alarm fire damages 2 homes Aug.12 Man Cleared Of Rape Wants Apology Aug.13  New financial services unit Aug.16  Year in jail for using used needles Aug.17  U.S. executive homes priciest Aug.19  Business PC Market Deal with HP Aug.20  EBay-PayPal merger clears DoJ hurdle Aug.22  Classes in languages other than Spanish Aug.27  Combined HP reports first results Aug.29   Sun to hit bottom part of revenue  Sun Microsystems expects to land in the 'bottom part' of its revenue target range for the current quarter

September 2002 ... more > Top ^
Sep.1 Rape of girl, 15, treated as hate crime
Sep.5 Mysterious 10 Million Dollar Gift Sep.9  Researchers Make Memory from Molecules Sep.12  HP Sees Higher Server Revenues Sep.17 $1.3 billion services deal with CIBC  City police named anti-terror czar  Plans for Low-Cost Linux PC Sep.18  HP Leads in Data Storage Market Sep.19  Roadmap for Managing Networks outlined Sep.20  BEA and HP Team Up Against IBM Sep.25   HP to cut additional 1,800 jobs
  The company blamed the reductions on a continued market slowdown and to have a competitive structure
Sep.30  HP sues EMC, for Patent Infringement  Up to $2.2 Bln Qtr Charge for acquisitions

October 2002 ... more > Top ^
Oct.1   Feds investigating exports  The U.S. Commerce Department accused Sun Microsystems of violating export rules in sales it made to Egypt and China Oct.8  CEO Says HP Ready for Dell Competition  Teen killed by Caltrain -- likely suicide Oct.10  PC That Works Like a TV, Too Oct.15  Sun Micro May Cut 8,000 Jobs -Analyst Oct.17   Sun posts $111M loss, to cut 4,400 jobs
  Sun Microsystems will cut 11% of its work force to bring its expenses in line with sales, despite results that beat expectations
Oct.18  Sun shares slip

November 2002 ... more > Top ^
Nov.1  Sun to Pursue Billion-Dollar Microsoft Suit Nov.10  Died after hit-and-run Nov.11  Capellas to Leave

December 2002 ... more > Top ^
Dec.6  HP Plans Holidays Without Pay Dec.11  Impressive Progress After Merger  HP, NEC in Computer Services Deal Dec.23   Microsoft Ordered to Carry Sun's Java
  A federal judge ordered Microsoft to distribute Java programming language in its Windows operating system Dec.24  Sun Rises After Microsoft Ruling