News


  • Gateway To Acquire eMachines

    A declining Gateway Inc. will acquire an ascending eMachines Inc. for about $235 million, in a deal that will keep the Gateway brand and bring in eMachines' Wayne Inouye as the new chief executive officer of the merged company.

  • Microsoft Offers Bounty For Mydoom Author

    Microsoft Corp. on Thursday offered a $250,000 reward for the arrest and conviction of the Mydoom author, doubling the bounty for the creator of what some experts are calling the worst virus in history.

  • PeopleSoft Posts Record Quarter

    PeopleSoft on Thursday posted record fourth quarter and full-year revenue, although charges related to its J.D. Edwards acquisition caused net income to plummet 70 percent.

  • Veritas, Legato Push And Shove: Business As Usual

    Veritas Software and Legato Software--competing storage management software vendors whose rivalry has intensified since EMC's acquisition of Legato last year--have in the past week shown they cannot resist the temptation to trade barbs.

  • Turning The Worm: How To Use E-Mail Attacks To Win Clients

    The recent string of e-mail worm attacks proves one thing: solution providers can't simply wait for antivirus vendors to issue signature updates. Instead they can seize the day and be more proactive by offering services that deliver significant value, differentiate them in the market place and lower the friction with customers.

  • Digital River Sees Revenue Climb

    Digital River on Wednesday reported revenue of $27.1 million for the fourth quarter ended Dec. 31, 2003, for a year-over-year increase of 26 percent, as the software services firm continues to thrive in a post-dot com IT industry.

  • Avnet Revenue Increases 9 Percent

    Avnet earned $8.9 million, or 7 cents per share, in the second fiscal quarter ended Dec. 31, 2003, compared with a loss of $58.7 million, or 49 cents per share, in the year-ago quarter.

  • Non-Branded PC Market Positioned For Growth

    Non-branded PC makers, who control more than a quarter of the desktop market, are in position to take advantage of an improving economy to boost their share of notebooks and servers sold in the U.S., a market research firm said Thursday.

  • Oracle Continues Its Push Toward Unification

    Oracle kicked off its AppsWorld showcase with several announcements designed to enhance the way its customers organize and manage their applications and appliances. The company also unveiled a new user-based pricing plan for customers that employ outsourcing.

  • Hackers Target Systems Infected By 'Mydoom'

    Now tagged by at least one security firm as "the worst worm in history," Mydoom has created a back door to infected systems that an army of hackers is quickly turning to its advantage.