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Commerce One Inc. has warned that it is running out of cash, taking the once mighty B2B software company one step closer to death.
The company said it has about $700,000 in unrestricted cash, down from $4.2 million at the end of June.
The company said on Sept. 23 that it doesn't expect to earn enough money to cover its debts and obligations. According to a filing with the Securities and Exchange Commission, Commerce One said it expects to eventually...