While there were strong gains early in the week, profit-taking after recent rallies and fears about upcoming earnings reports led to a fall in the major markets on Wednesday and Thursday.

eLearning company, SkillSoft (Nasdaq: SKIL) has released Q1 results for the period ended 30 April, 2003. Total revenues for the period were USD43.6.

SkillSoft is to delay the filing of its fiscal 2003 financial statement with the Securities and Exchange Commission.

SkillSoft has announced that it is the subject of a formal order of private investigation entered by the Securities and Exchange Commission.

SmartForce (soon to be SkillSoft) has announced that its Board of Directors has authorised a share repurchase programme of up to 8.0 million of the company's American Depositary Shares (ADSs).

Irish e-learning and localisation content company Transware has announced that it is to withdraw its quotation on the main London stock exchange and move to AIM.

TRAINING software maker Skillsoft, formerly SmartForce, is cutting 60 jobs in Ireland and this figure could rise to 140, while workers at EMC hope a 7% reduction in its workforce worldwide will not result in job losses here.

E-learning company Smartforce last week announced the successful closing of its merger with SkillSoft Corporation, following the unconditional approval of both companies' shareholders on Friday, September 6.

SkillSoft and SmartForce have announced the closing of the merger between the two companies, the combined entity to be known as SkillSoft.

e-Learning company, SmartForce has revealed that it is facing multi-million dollar legal proceedings from two parties.

Conor Keane,

e-Learning solutions provider, SmartForce has launched SmartForceConnect, a program aimed at connecting its products to the core of its customers businesses.

E-Learning solutions provider, SmartForce has launched SmartForceConnect, a program aimed at connecting its products to the core of its customers businesses.

International Data Corporation (IDC) has ranked e-Learning company, SmartForce among the 10 largest IT training companies in the world, and as the world's largest e-learning company.

For Q1, 2002 SmartForce posted revenues of $43m (€48m), this compares with revenues for Q1, 2001 of $62.3m (€70m).

The majority of WS2's funding came from Oyster Investments and Enterprise Ireland gave the remainder in the form of research and development funding.

Compaq has been chosen by SmartForce as its technology provider for storage and IT infrastructure.

Irish e-learning localisation company Transware [LSE:TRW.L] announced results for the half year.

SmartForce has announced a multi-year agreement with Source Medical Solutions, a provider of outpatient healthcare solutions.

SmartForce has announced the availability of a credentialing module to track the granting of industry-recognised continuing education credits for completion of approved SmartForce e-learning.

E-learning company SmartForce is to co-develop more than 100 hours of e-Learning content to enable developers to learn how to use Macromedia tools and servers quickly.

SmartForce has announced that it has entered into a definitive agreement to acquire Centra Software in a stock for stock transaction, the largest to date in the e-learning industry.

SmartForce has announced a major expansion of its agreement to provide the SmartForce e-Learning infrastructure to soldiers and Department of the Army civilians worldwide.

In the US yesterday the Dow Jones was up 2.23% on the day and closed at 10,114.2, the first time it has been over 10,000 since the 5th September.

E-Learning company SmartForce has announced the appointment of Ferdinand von Prondzynski to its Board Of Directors.

EDS [NYSE:EDS]] has chosen SmartForce [Nasdaq:SMTF] to provide e-learning for the Navy Marine Corps Intranet project.

SmartForce [Nasdaq:SMTF] has announced an alliance with PwC Consulting, the management consulting services businesses of PriceWaterhouseCoopers, to bring to market an array of e-learning solutions.

The ISA has announced details of the shortlisted companies in four categories. Firms shortlisted for Company of the Year are Eontec, FINEOS, QUMAS, Riverdeep and Smartforce.

Earnings season brought renewed pessimism for tech investors across the globe.

E-learning company SmartForce has entered into a strategic relationship with Exult (Nasdaq: XLT) to deliver advanced e-learning solutions to the Global 500.