Century-old Nortel Networks, once a networking behemoth with a whopping market cap of over $300 billion, has filed for Chapter 11 bankruptcy protection. Nortel never recovered from dot-com bust. The ...

Telecommunications equipment maker Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. on Wednesday, becoming the first major technology company to take that step in this ...

Nortel Networks once employed more than 10,000 people at its Research Triangle Park campus. SHER STONEMAN News & Observer file photo In the early days, Raymond Ackley, like so many others, believed he ...

Nortel Networks filed Jan. 14 for Chapter 11 bankruptcy protection in the U.S. and under the Companies' Creditors Arrangement Act (CCAA) in Canada, just days before it was expected to pony up a $107 ...

As Nortel files for bankruptcy Wednesday, analysts point to sinking sales, missed earnings and poor management as drivers for the Canadian telecom's long descent to insolvency. But a less-discussed ...

TORONTO — Three former top executives of fallen Canadian technology giant Nortel Networks Corp. were absolved of all counts of fraud on Monday, four years to the day after the former global ...

Reeling from the sudden drop in demand for its voice-only telecom-network equipment, Nortel Networks Corp. (NYSE: NT) filed for bankruptcy protection Wednesday. The Toronto-based company, which ...

(Reuters) - Nortel Networks Corp, North America's biggest maker of telephone equipment, filed for bankruptcy protection in the United States on Wednesday, a day before it was due to make a $107 ...

Google's bid for Nortel's collection of technology patents was ill-fated early on, says a fellow bidder in the $4.5 billion auction, which concluded last week. The record amount of money raised may ...

It's been nearly a year since telecomm giant Nortel sold off its patent portfolio, and its buyers have been quick to turn it into a business. Josh Lowensohn joined CNET in 2006 and now covers Apple.

Under mounting pressure to prove China-based hackers had infiltrated the vast global computer network of Nortel Networks Corp. all the way to the chief executive’s terminal, Brian Shields felt he had ...

The documents began arriving in China at 8:48 a.m. on a Saturday in April 2004. There were close to 800 of them: PowerPoint presentations from customer meetings, an analysis of a recent sales loss, ...