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July 31, 2009
Services Added to SAP's Business ByDesign
SAP has added business intelligence, customer relationship management and procure-to-pay services to its Business ByDesign on-demand ERP suite, reports v3.co.uk. The company has been having... More >
McAfee to Buy MX Logic
McAfee is buying MX Logic , which offers on-demand e-mail, continuity, and Web services, reports CNET News . Channel Web reports the price is about $140 million in cash , but there are ince... More >
Second Quarter Better for Mobile Phone Market
Mobile phone shipments in the second quarter were up from the first quarter, but still on the decline from a year ago, according to IDC. It revised its first-quarter numbers to show a 17.2 pe... More >
July 30, 2009
Notebooks Buoy U.S. PC Market
IDC reports shipments of consumer notebooks kept the PC industry afloat during the second quarter. In fact, three of every four computers shipped in the U.S. consumer market were notebooks, accordi... More >
Intel Invests in Five Green-Tech Companies
Intel's global investment arm is putting $10 million into five green technology companies , reports InfoWorld . Intel Capital is investing in companies that create technology to cut electri... More >
Symantec Battered in Quarter
Security vendor Symantec reported a 58 percent plunge in its most recent quarter, reports BusinessWeek . It reported net income of $73 million, or 9 cents per share, compared with profit of... More >
Troubled Motorola Posts a Profit
After deep cost-cutting, Motorola swung to profitability , but sales fell by a third, reports The Wall Street Journal . It reported earnings of $26 million, or 1 cent per share, in the most ... More >
Alcatel-Lucent Posts Surprise Profit
Alcatel-Lucent, which announced Wednesday its acquisition of content delivery network provider Velocix , has announced its first quarterly profit since the Alcatel bought Lucent in 2006, according... More >
Psystar Hires New Counsel
Psystar has hired Houston-based Camara & Sibley to represent it in its battle against Apple's copyright infringement suit, reports CNET News . Psystar made the announcement on Tuesday. ... More >
What Now, Yahoo?
Much of the reaction to the Microsoft-Yahoo search agreement is that Yahoo fell on its sword, or to use another bad metaphor, gave away the store. As TechCrunch puts it, "Yahoo got Binged." Reut... More >
July 29, 2009
Alcatel-Lucent Acquires Velocix
Alcatel-Lucent has acquired UK-based content delivery network provider Velocix to help expedite delivery of content such as video, music, software and games, reports Converge Network Digest . Fina... More >
Toshiba Takes a Beating
Toshiba has announced its fifth consecutive quarterly loss of 57.8 billion yen (US$610.4 million), reports Bloomberg .That's five times its loss of a year ago. Revenue fell 17 percent to 1.3... More >
Microsoft to Kick off Retail Push in Arizona, California
Microsoft will open its first two retail stores in Scottsdale, Ariz., and Mission Viejo, Calif., reports Ina Fried at CNET News . The company confirmed it has signed leases to open the store... More >
Globalfoundries to Make STMicro Chips
Globalfoundries, the AMD manufacturing spinoff, has landed its first true non-AMD customer, STMicroelectronics , reports CNET News . Globalfoundries will use its 40 nanometer process to bui... More >
India's Offshoring Growth Slows
India's IT outsourcing industry is expected to generate $64 billion in revenues this fiscal year, according to the National Association of Software and Service Companies (Nasscom). Work from abroad ... More >
News Flash: Microsoft Has to Watch Costs
After its miserable second quarter , Microsoft is going on -- well, not a diet, but a new way of life. Bloomberg quotes Financial Officer Chris Liddell saying: This is not a crash diet wh... More >
SAP Profit up 4 Percent
German software maker SAP reported a 4 percent rise in second-quarter profit, attributing it to growth in margins while revenues declined in the down economy, reports BusinessWeek . Its net... More >
Infineon Sharply Cuts its Loss
German chip maker Infineon reported improving demand and that it significantly cut its net loss in its most recent quarter, reports Reuters . It reduced its net loss in its fiscal third qua... More >
Sprint Nextel Posts Wider Loss
Sprint Nextel reported a surprisingly large loss in the second quarter as it continues to lose subscribers. It lost $384 million, or 13 cents a share, compared with a loss of $344 million, or... More >
Twitter Gets Closer to Real-Time Search
Twitter has redesigned its home page to make it more of a real-time search engine -- something Google is furiously working on as well as it tries to serve up results of real-time online conversatio... More >
Microhoo Search Deal Becomes Reality
After much wrangling, Microsoft and Yahoo have finally reached a search advertising pact to take on Google. Here's how the 10-year arrangement will work, according to Reuters : Microsoft's Bing se... More >
July 28, 2009
Graphics Chip Market Rising
Things are looking up in the graphics chip market for the second half of the year, according to Jon Peddie Research. It found the second quarter showed the best quarter-to-quarter improvement... More >
On an Acquisition Roll, IBM Also Buys Ounce Labs
Hot on the heels of its big-bucks buy of SPSS , Big Blue announced Tuesday the acquisition of Ounce Labs , which makes technology that scans the source code of an application, hunting for security ... More >
Google Takes a Hit on AOL Investment
Time Warner has bought back the 5 percent stake that Google owned in AOL for $283 million, reports Bloomberg . The deal places the value of the company at less than $5.66 billion, the story says. &... More >
South Korean Chip Makers Team up
South Korea's chip manufacturers are teaming up to create more advanced semiconductors for smartphones and digital televisions, according to a Dow Jones story on Total Telecom. LG and other Korea... More >
Sprint Nextel Scoops up Virgin Mobile
Sprint Nextel is diving into prepaid mobile with the $483 million acquisition of Virgin Mobile, reports TechCrunch . It actually already owned 13.1 percent of Virgin Mobile, which uses Sprin... More >
IBM Buying SPSS for $1.2 Billion
IBM's $1.2 billion acquisition of SPSS is designed to gain software that helps businesses analyze and predict trends, according to Bloomberg . SPSS's software works to anticipate people's b... More >
July 27, 2009
PayPal Aims to Revolutionize Payments
Though many businesses are migrating from bricks and mortar to the Web, PayPal wants to do the opposite. It wants to be the way people buy everything from movie tickets to drinks after work, report... More >
Has Tech Turned a Corner?
There's been a lot of folks trying to call the bottom of the economic downturn , and now a report says we might actually have turned the corner and tech might lead the way out , reports The New Yo... More >
Ericsson Wins Nortel Wireless Auction
Sweden's Ericsson submitted the high bid for Nortel's wireless division in an auction Friday, offering $1.1 billion. And it told The Globe and Mail it's confident of closing the deal despite obje... More >
Verizon Profit Down 21 Percent
Verizon reported a 21 percent drop in profit during the second quarter to $3.16 billion, reports Mobiledia . It made $3.4 billion in the same quarter a year ago. It added 1.1 million custome... More >
July 24, 2009
Economy Providing Leverage in Outsourcing?
It's a buyer's market right now for back-office outsourcing , according to a CFO.com . It quotes David Rutchik, a partner at outsourcing advisory firm Pace Harmon, saying: We're encouraging ... More >
Joint Ventures Hurt Ericsson Profit
Ericsson blamed losses in its joint ventures for a second-quarter proft that fell shy of expectations, reports Bloomberg . It reported a 56 percent drop in net income to 831 million Swedish ... More >
Twitter 101 Gets Down to Business
Twitter will make money this year , co-founder Biz Stone said at the Fortune Brainstorm Tech conference Thursday, and the company has released Twitter 101 as "sort of a phase one," reports DailyFin... More >
Oracle Buying GoldenGate
Acquisition-happy Oracle has announced its latest purchase will be GoldenGate , which makes real-time integration software, reports CNET News . Financial terms were not disclosed between the two co... More >
Amazon Profit Down 10 Percent
Amazon, which just announced its buyout of Zappos , reported a 10 percent drop in profit in the second quarter, reports The Seattle Times. The story quotes Dan Geiman, a retail analyst who... More >
Microsoft Sales, Profits Hammered in Q2
Microsoft took a beating in the second quarter with revenues $1 billion below analyst estimates , reports The Seattle Times . Profit was down 29 percent to $3.05 billion, compared with $4.29 billio... More >
July 23, 2009
Bidding Heats up for Nortel Assets
A bidding war has broken out for Nortel's wireless assets. Private equity firm MatlinPatterson has bid $725 million for the CDMA and LTE assets, according to Fox Business , though it was re... More >
VMware Tops its Guidance
VMware reported second-quarter revenue was flat and profits fell, but it issued an upbeat outlook for the third quarter, reports Channel Web . Its results beat the guidance it had issued for the qu... More >
EMC Beats Expectations
It's been cutting costs, but also making acquisitions. Storage vendor EMC reported its second-quarter profit plunged 43 percent -- and apparently that's a good thing. According to an Associated Pr... More >
Xerox Cuts the Bleeding
As it tries to remake itself into a services vendor , Xerox stemmed its losses somewhat during the second quarter and beat analyst projections, reports Bloomberg . Net income was $140 million , c... More >
Amazon Buys Retail Rival Zappos
Amazon has bought online shoe merchant Zappos in a cash-and-stock deal, which Seeking Alpha values at more like $920 million, rather than the $807 million Amazon announced. The difference is due t... More >
iPhone Helps Steady AT&T's Falling Profits
Though it beat expectations, AT&T's profit in the quarter dropped 15 percent when compared with the quarter a year ago, reports Fox Business . Net income fell to $3.2 billion and revenu... More >
July 22, 2009
Microsoft Goes After Sage Customers
Calling its Dynamics ERP solutions a “beacon in the storm,” Microsoft is going after customers of rival Sage Software after its top channel partner inexplicably closed shop, reports Channel Web . &n... More >
iPhone Users Bemoan AT&T's Connection to E-reader
News that AT&T will provide 3G connectivity for Plastic Logic’s e-reader when it comes out next year isn't going over well with iPhone users. According to TechCrunch , iPhone users alre... More >
Yahoo Buying Some, Selling Some Assets
As Yahoo continues its makeover , the company is said to be near an acquisition deal for e-mail startup Xoopit , reports The Wall Street Journal . Xoopit allows people to post photos, video and ot... More >
WiPro's Profits Up, Tech Mahindra's Down
Indian outsourcer Wipro reported a 12 percent gain in profit in the most recent quarter, according to The Wall Street Journal . The company reported 26 new clients in the period. Net income... More >
AMD Narrows its Losses
AMD cut its losses in the second quarter , but still fared worse than Wall Street expected, so share prices plummeted, reports MarketWatch . Its loss was $335 million, or 49 cents a share, co... More >
Microsoft Cuts Ties with CIT Group
Microsoft has severed a vendor-financing deal with lender CIT Group , which has warned it still could file for bankruptcy though it just received a $3 billion rescue package from bondholders, repo... More >
LG Issues a Heady Quarterly Report
Sales of cell phones and flat-screen TVs boosted LG Electronics to record profit in the second quarter, according to The Wall Street Journal . Net income rose rose 62 percent to 1.15 trilli... More >
Yahoo Posts 7.8 Percent Profit
Revenue fell 13 percent from a year ago, but aggressive cost-cutting and layoffs allowed Yahoo to post a 7.8 percent profit , reports The Wall Street Journal . The story quotes Yahoo's new c... More >
Apple Reports a Rosy Quarter
Apple said sales of iPhones and MacBooks pushed profits higher in its most recent quarter, according to InformationWeek . Sales were up 12 percent and profits rose 15 percent in the quarter, Bl... More >
July 21, 2009
RIM Blocked from Bidding on Nortel Assets?
The sell-off of Nortel assets gets curiouser and curiouser, with Research in Motion saying it's been blocked from bidding on Nortel's CDMA and LTE businesses, reports Reuters . Seeking Alpha's Mar... More >
Intuit Builds Central Washington Data Center
For a town with so little there there, Quincy, Wash., seems to be getting plenty of love from the tech titans. Intuit, maker of Quicken and TurboTax software, is the latest to build a data... More >
Microsoft Shuttering Popfly, Soapbox
In August, Microsoft is shutting down Popfly , a tool that lets people create applications, mashups and Web pages without having to know how to code, reports eWEEK . CNET News says it's also clos... More >
Sybase Profits up 26 Percent
Sybase pointed to growth in its database business for a 26 percent increase in profit during the second quarter. Profit rose to 37.6 million from $29.8 million a year earlier, according to eWEEK .... More >
IBM Offers Virtualization Management Tool
As it preps for release of its Power7 chips, IBM is releasing a tool to help manage virtualization in heterogeneous data centers, reports Computerworld . Systems Director VMControl is designed to ... More >
Taiwan Offers Funds to DRAM Makers
Taiwan's DRAM chip makers can apply for government bailout money , but it expects to see some benefit from the money spent. According to Reuters , the companies would have to submit proposals in th... More >
Online Growth Tilts Toward Asia
Asia will definitely be the biggest online market in the coming years, according to Forrester Research. In a report looking at worldwide growth in the next four years, it says Asia will make up 43 p... More >
Texas Instruments Reports Profits Down 56 Percent
Texas Instruments , hurting like other chip makers from the plunge in demand for chips, reported its profit declined 56 percent in the second quarter, reports Bloomberg . Net income fell to $... More >
July 20, 2009
Avaya Buying Nortel's Enterprise Assets?
Avaya said Monday it has signed agreements to buy Nortel's enterprise solutions business for $475 million, reports Channel Web . The division, which ties together Nortel's data, voice and govern... More >
EMC Takes Control of Data Domain
EMC said Monday it has taken a majority stake in Data Domain after NetApp's offer fell through, according to an Associated Press story in The Boston Globe. It said it now controls 82.1 percent of... More >
Microsoft Hires Apple Real Estate Guru for Retail Stores
A Microsoft exec said last week the company's retail stores will be located near Apple's , sometimes even right next door. It has said, though, that it's not just copying from Apple's strategy. &nbs... More >
Glitches Affect Amazon Services
Amazon's cloud services -- the ones it's trying to convince everyone are so reliable -- had problems for about two hours Sunday, reports TechFlash . It didn't say exactly what the problem was, but ... More >
Accenture Acquires Symbian Support from Nokia
Accenture is buying Nokia's Symbian support unit for an undisclosed sum, reports InfoWorld . The unit offers engineering, consulting, and product development services to mobile phone builders for t... More >
SAP to Buy Swiss Software Maker
SAP is buying Swiss software company SAF Simulation, Analysis and Forecasting AG for 63.7 million euros ($90.6 million), reports Bloomberg . SAF makes software for ordering and forecasting ... More >
Tata Consultancy Profit up 22 Percent
Indian outsourcer Tata Consultancy reported a 22 percent rise in quarterly profit , but said the business environment remained weak and overseas customers were pressuring the company for lower price... More >
July 17, 2009
Rise of Netbooks Hits Windows Revenue
Todd Bishop at TechFlash offers a good explanation of netbooks' effect on Microsoft's bottom line. Though the first versions relied on Linux, Microsoft has come to dominate the industry with low-end... More >
Lack of Netbook Hurting Apple?
Apple's proclaimed lack of interest in netbooks appears to be hurting the company in this PC sales slump, reports eWEEK . Netbooks have been cited as one of the few bright spots in the oth... More >
Oracle Raises Prices 40 Percent on Database Options
Despite the extreme belt-tightening going on out there in corporate America, Oracle has apparently raised some prices for its management services by 40 percent, reports InfoWorld . It says ... More >
Google Growth Continues to Slow
The days of high-flying Google growth appear to be over with the search engine reporting that revenue rose 2.9 percent to $5.52 billion in the second quarter. It was up 6 percent in the first quart... More >
IBM Copes Well with Downturn
Analysts are warning against reading too much into IBM's strong second quarter. The company also has sharply raised its full-year forecast , Reuters says. Big Blue reported a 12 percent inc... More >
Sun Shareholders Give Oracle Buyout a Thumbs-Up
In a vote that John Paczkowski at All Things Digital describes as quick and painless -- less than five minutes, actually -- Sun Microsystems shareholders on Thursday approved a buyout by Oracle. ... More >
Microsoft, Yahoo Search Ad Alliance Near?
Kara Swisher at All Things Digital reports that Microsoft and Yahoo could announce an alliance in search advertising in the next week. She said top executives are hashing out the final details, w... More >
July 16, 2009
Sony Ericsson Swings to Big Loss
There's enough pain among handset makers to go around. On the heels of Nokia's 66 percent swan dive in profit , Sony Ericsson reported its fourth consecutive quarterly loss , according to Bloomber... More >
HP Goes After Solaris Customers
Hewlett-Packard is trying to woo Sun customers to its own technology , launching its "Sun Complete Care Program" the same day shareholders are to vote on the Oracle acquisition, reports TheStreet.c... More >
Microsoft Stores to Open Near Apple's
Microsoft isn't just opening retail stores this fall; they will be located close to Apple stores , reports PCWorld.com. In some cases they might be right next door. COO Kevin Turner said as... More >
UnitedHealth Group, Cisco Plan Telehealth Network
UnitedHealth Group and Cisco have announced plans for a multi-million dollar national telehealth network to provide care for patients in underserved rural and urban areas, reports InformationWeek ... More >
Decline in PC Sales Slows
Figures from iSupply, Gartner and IDC all show PC sales continued to decline in the second quarter, but at a slower rate than expected. Manufacturer discounts and the popularity of netbooks h... More >
Nokia Profits Down 66 Percent
Nokia has announced a 66 percent dive in quarterly net profit to 380 million euros (US$535 million), but nevertheless beat analyst expectations, according to channelnewsasia.com . In essence, it h... More >
Facebook Reaches 250 Million Users
The number of active Facebook users has reached 250 million, CEO Mark Zuckerberg announced in a blog post. The social-networking site reached 200 million users just over three months ago , re... More >
July 15, 2009
Microsoft Reclaims Top of UK Brands Poll
After a year of playing second fiddle to Google, Microsoft has returned to the No. 1 spot in the UK on a list of the best brands compiled by The Centre for Brand Analysis. After culling the mo... More >
IBM Adds to Lotus Notes, Google Makes it Easier to Ditch it
IBM is opening an online store for downloads of applications to allow users to customize Lotus Notes e-mail software , reports Bloomberg . The apps link to LinkedIn, TripIt and others. Mean... More >
Citrix Makes Hyper-V Management Free
Citrix is offering a free version of its Essentials management tool for Microsoft's Hyper-V, aimed at organizations just starting out with virtualization, reports v4.co.uk . The free versio... More >
Business ByDesign Links to Web Services
While still working on its online offerings , SAP has added one-click integration to Web services to its Business ByDesign on-demand enterprise resource planning suite, reports SearchSAP.com . &n... More >
IBM to Manage IT for Delhi Stock Exchange
IBM on Wednesday has landed a 10-year pay-as-you-go IT services agreement with Delhi Stock Exchange worth about US$9.2 million, reports finextra.com . The stock exchange closed shop in 2002... More >
July 14, 2009
Pesky EU Fine Sends Intel to Loss
Intel posted a net loss of $398 million, or 7 cents a share, in the second quarter, but beat analyst estimates for sales and earnings, reports Bloomberg . It was the chip maker's first loss in 22 y... More >
Computing Innovation Hits the Wall?
Microsoft's top research executive told a conference this week that more attention needs to be paid to what he calls "fixed" computing -- as opposed to mobile, reports TechFlash . But he wa... More >
Microsoft Seeks Developer Partners for Tabletop Computer
Microsoft is looking for developer partners to build applications for the Surface tabletop computer , reports Channel Web . It expects to find uses for the platform in retail, hospitality, f... More >
Software AG Taking Over IDS Scheer
Infrastructure software vendor Software AG is set to take over IDS Scheer , which makes business process management software, reports InfoWorld . It says Software AG plans to buy 47.68 perce... More >
Nuance Buys Out Jott For Mobile Services
Speech-recognition technology supplier Nuance Communications has bought Jott , which allows users to record audio messages and have them converted to e-mails, reports Xconomy . The purchase price w... More >
July 13, 2009
Stock Sale Values Facebook at $6.5 Billion
Russian investment group Digital Sky Technologies has agreed to buy as much as $100 million of Facebook common stock from eligible current and former employees at $14.77 a share, reports Bloomberg... More >
Indian BPO Outsourcer Aegis Expanding in South Africa
Indian BPO outsourcer Aegis has acquired South Africa's CCN Group, reports The Wall Street Journal . It didn't disclose the purchase price but said it was part of its plan to invest $60 million in S... More >
Philips Posts Second-Quarter Profit
Consumer electronics maker Philips defied analyst expectations in posting a second-quarter profit, reports Bloomberg . Market research firm iSupply earlier predicted some uptick in consumer elect... More >
July 10, 2009
Nortel out, Cisco in as 2012 Olympic Sponsor
Cisco has replaced troubled Nortel as a sponsor for the 2012 Olympics , reports Reuters . London 2012 Olympics organizers severed ties with Nortel, saying the bankrupt company couldn't fulfi... More >
Microsoft to Invest $50 Million in Higher Education
Microsoft, which has already begun giving out vouchers for online training as part of its Elevate America education initiative, has further pledged to give higher education $50 million worth in s... More >
Bing's Share Growing, But Can it Last?
Bing's market share grew 25 percent a week in June , reports seattlepi.com . Based on numbers from Hitwise , its share grew from 3.4 percent in the first week of the month to 6.63 percent by... More >
Microsoft Ties Twitter to CRM
Microsoft is tying its Dynamics CRM to Twitter and other social-networking sites, reports Computerworld . The integration will allow users to cull information about the user's company from ... More >
Cognizant Rewards Staff for 32 Percent Growth in 2008
Indian outsourcer Cognizant is handing out raises and promotions after seeing 32 percent growth in 2008, reports Indiatimes Infotech . For the year, the National Association of Software and Servic... More >
Infosys Reports Profit up 17.3 Percent
India's No. 2 outsourcer Infosys reported 17.3 percent growth in its first-quarter profit , but lowered its outlook for the remainder of the year, reports MarketWatch . It cited the tough market an... More >
July 9, 2009
Coradiant Acquires Symphoniq Assets
Coradiant has acquired the assets of Symphoniq for an undisclosed price, reports Network World . Both companies make software to manage the performance of Web applications. Symphoniq's execu... More >
Broadcom Drops Emulex Takeover Attempt
Broadcom has dropped its hostile takeover attempt of Emulex after it was rebuffed again after raising its price, reports The Associated Press in a story on seattlepi.com. Though Broadcom ra... More >
iSuppli Lowers Projections for Electronics, Semiconductors
Research firm iSuppli has lowered its revenue projections for the electronic equipment and semiconductor industries , though it foresees some positive signs for the second half of 2009, reports eWE... More >
Big Growth Seen in Health Care Wi-Fi
ABI Research foresees the global market for Wi-Fi-enabled health care products reaching $4.9 billion in 2014, spurred on in the United States by $20 billion in stimulus funds, reports eWEEK . That... More >
EMC Swoops in to Take Data Domain
NetApp declined to raise its bid for Data Domain, allowing EMC to take it for $2.1 billion, reports Channel Web . NetApp criticized EMC for buying technology it already owns, the story says, point... More >
Emulex Dismisses Higher Broadcom Offer
Broadcom sweetened its takeover bid, but Emulex's board still gave it a thumbs-down , reports Reuters . Emulex's share price dropped 14 percent in premarket trading. Last week Broadcom rais... More >
July 8, 2009
Microsoft Names New Windows Boss
On the same day that Google announced plans for its own operating system , the head of Windows and Windows Live Engineering Steven Sinofsky has been promoted , with the title of president of the Wi... More >
Bid Surfaces for Nortel Networks
U.S. private equity firm MatlinPatterson Global Advisors confirmed Wednesday it plans to submit a bid to reorganize bankrupt Nortel Networks rather than allow it to sell its assets piecemeal at fir... More >
Gartner Lowers IT Spending Forecast
In a new report, Gartner says IT spending will drop 6 percent this year to $3.2 trillion. That's a revision from its first-quarter prediction that the 2009 decline would be 3.8 percent, reports a ... More >
North Carolina Really, Really Wanted Apple Data Center
Apple earlier confirmed its plans to build a data center in Maiden, N.C. , about 30 miles northwest of Charlotte. The state already had offered a $46 million tax break over the next 10 years ... More >
MSC Software OKs Buyout
MSC Software has agreed to a $360 million buyout by private equity firm Symphony Technology Group, reports Reuters . The deal works out to $7.63 a share in cash. Elliott Associates, MSC's b... More >
Ericsson Lands $1.7 Billion in China Contracts
Swedish wireless equipment maker Ericsson announced Wednesday that it has landed deals worth $1.7 billion to provide second- and third-generation mobile communication equipment and services to Chin... More >
Serena Woos Borland Customers
Serena Software is trying to lure away customers of Borland Software , which is being bought out by Micro Focus, reports eWEEK . At least that's the public story. SDTimes speculates that ... More >
VMware Goes After Virtual Iron Customers
VMware is trying to lure Virtual Iron customers away from Oracle, which acquired the company in May, reports eWEEK . Oracle announced that it is discontinuing development of Virtual Iron... More >
Consumer Electronics Rebound in Second Quarter
Sales of consumer electronics rose 4.2 percent to $71.1 billion in the second quarter, reports VentureBeat . That certainly beats the $68.3 billion from the first quarter, but second-quarter figure... More >
July 7, 2009
Indiana Warns IBM to Fix Problems or Lose Contract
A private welfare system that IBM touted as being transformed under its watch apparently hasn't been. A top Indiana official says the state could cancel its $1.16 billion, 10-year contract ... More >
Location-Based Services to Soar, Gartner Says
Gartner sees a dramatic increase in location-based services , reports v3.co.uk . It expects the number of users to nearly double this year from 41 million in 2008 to 95.7 million. It predicts reven... More >
LG Restructuring in Mexico
LG Electronics plans to restructure its operations in Mexico , consolidating from three plants to two, and will invest $100 million there in the next three years, reports Reuters . It no lon... More >
Dell, Partners Turn to Digital Crime-Fighting
A group of vendors led by Dell has released a package of hardware, software and services to help police crack down on cyber crime, reports Reuters. The other partners are Intel, EMC, Symantec, Or... More >
AOL Finally Pulls Plug on CompuServe
The original commercially successful online portal CompuServe has been shut down, reports TG Daily . It debuted in 1979 and offered electronic mail, technical support and moderated technical forum... More >
July 6, 2009
NEC to Resume Overseas Phone Sales
Three years after pulling out of Europe and China, NEC has announced it will resume overseas phone sales , reports Reuters . Japan's No. 3 phone maker has been struggling with a steep downtu... More >
Washington Waives Out-of-State Tuition for Foreign Professionals, Families
A bill dubbed the "Microsoft subsidy" went into effect July 1 , offering in-state tuition to some foreign professionals, including H-1B visa-holders and their families, reports The Seattle Times . ... More >
Japan's DoCoMo Invests in PacketVideo
Japanese phone carrier NTT DoCoMo is investing $45.5 million to take a 35 percent share in U.S.-based PacketVideo Corp., reports an Associated Press story on seattlepi.com. PacketVideo mak... More >
Amazon Wins One, Loses One in Tax Battle
Amazon has been ditching small sites that send traffic its way in states considering instituting an online sales tax, but Hawaii's governor vetoed the legislation and California governor Arnold Sc... More >
EMC Raises Bid for Data Domain
EMC isn't letting Data Domain go to NetApp without ratcheting up the fight. On Monday, it raised its bid to take over the maker of deduplication storage systems to $2.1 billion, reports InfoWorld ... More >
Price Errors in Taiwan Bite Dell
Dell has closed its Web site in Taiwan after the government required it to honor several price errors on it, reports hardocp.com . There's no word on when it will reopen. Taiwan's Consumer P... More >
Firefox 3.5 Leaps Over Chrome
Firefox 3.5 eclipsed Google's Chrome browser over the weekend, getting above 2 percent of market share for the first time.However, according to data published by Net Applications, Firefox isn't gain... More >
July 3, 2009
Psystar Emerges from Bankruptcy, Releases Newest Mac Clone
A month after declaring Chapter 11 bankruptcy , Mac clone maker Psystar is announcing that it is emerging from that bankruptcy and releasing a new product -- another Mac OS X clone -- at the same ti... More >
July 2, 2009
Adobe Closes Shop for a Week
In an effort to cut operating costs, Adobe has shut down its North American operations this week, reports Bloomberg . This is the second of three planned shutdowns , according to VentureBeat . T... More >
Oracle to Cut 1,000 Jobs in Europe?
EconomicTimes reports that Oracle plans to cut 850 to 1,000 jobs in Europe. Trade unions say the cuts are in light of weaker than expected growth projections. According to The Wall Street ... More >
Mac Sales Outstripped PCs
Morgan Stanley financial analyst Kathryn Huberty has raised her forecast for Mac sales in the second quarter, citing an increase in Apple shipments. According to InformationWeek , even before... More >
July 1, 2009
Apple Wins Maine School Contract
Maine has expanded its student laptop program to public high schools, sending an order to Apple for 64,000 MacBooks , reports PCWorld.com . An additional 7,000 laptops will be ordered in the next f... More >
Broadcom Sweetens Offer for Emulex
Broadcom has raised its bid for Emulex by 19 percent to $912 million and agreed to drop a legal challenge to Emulex's "poison-pill" takeover defense if the company will come to the negotiating ta... More >
Amazon Cuts off Hawaii Affiliates
Affiliates in Hawaii have become the latest to be dropped by Amazon, which also cut ties with those in Rhode Island and North Carolina over pending state online sales tax legislation, reports The... More >
