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On the surface, at least, Oracle is having a very good month. Last week, it defied many pundits by successfully overturning the Department of Justice's block on its PeopleSoft acquisition. On Tuesday, Oracle turned in first-quarter earnings that beat analyst expectations Oracle posted earnings of US$509 million for the quarter that ended in August,...
A plan to employ Microsoft technology as a standard for identification of e-mail senders to help curb spam has been rejected by a key Internet technical group because of concerns the software giant might seek to enforce its patent rights in the future A subgroup of the Internet Engineering Task Force has come to the conclusion that Microsoft's desi...
Nokia said Monday that it had landed a contract worth at least US$120 million to supply the hardware for a new nationwide mobile network in Libya, giving the company a foothold in a key emerging market and boosting its global 3G offerings Nokia said the deal, which calls for the company to supply all of the core network for the new system and half ...
A federal judge has written the latest -- but probably not the last -- chapter in the epic business and legal struggle between Oracle and PeopleSoft, ruling that government regulators failed to prove Oracle's proposed takeover would be harmful to competition The decision hands Oracle a huge victory, although one that still leaves several unanswered...
A leading technology industry association lashed out at a recently implemented federal government program that seeks to rein in information technology costs by requiring additional reviews before contracts can be modified The Information Technology Association of America (ITAA) said the program, announced by the U.S. General Services Administration...
The state of California has dropped a criminal investigation into the company that sold it electronic voting machines but instead will join an existing lawsuit charging that the company made false claims about the reliability of the machines California Attorney General Bill Lockyer said he would sign on to the lawsuit against Diebold after it was d...
Eyeing a million-dollar prize, a mathematician claims to have made progress in solving a 150-year-old riddle. The solution to the problem could render secure payments and other sensitive Internet transactions vulnerable A Purdue University professor has begun to publish what he claims is a proof of the Riemann hypothesis. The hypothesis, which date...
As the largest maker of computer chips, Intel has become the thermometer for monitoring the health of the technology sector. And according to the most recent temperature reading, the sector is feeling a bit down Intel lowered its revenue guidance substantially on Thursday, even more than analysts had predicted, and also said its profit margins were...
After months of speculation and anticipation, Microsoft launched a test version Thursday of the music download site it hopes will unseat rival Apple's iTunes Music Store as the dominant provider of digital songs The beta site of MSN Music features around a half-million songs and offers individual downloads for 99 cents a piece, the same price that ...
EBay moved to shore up its presence in Asia, announcing that it increased its stake in South Korea-based Internet Auction Co. in a deal worth $325 million and also launched improvements to its Chinese subsidiary EBay said it had agreed to buy just under 3 million shares in Internet Auction Co. from a group of institutional investors. That stake rep...
The Federal Communications Commission (FCC) has asked the Supreme Court to hear an appeal that could determine whether cable broadband providers can be forced to open their networks to other Internet providers The request, which FCC Chairman Michael Powell announced Monday, was hailed by some industry groups and slammed by some consumer watchdog or...
Just a month after finalizing a billion-dollar settlement with California consumers, Microsoft was sued again, this time by several cities and counties that believe the software giant used its market dominance to charge artificially high prices The suit, filed Friday in San Francisco Superior Court by the cities of Los Angeles, San Francisco and ot...
A federal judge has tossed out an antitrust claim filed by VeriSign against the Internet Corporation for Assigned Names and Numbers (ICANN), saying that the domain registrar failed to prove antitrust activity has taken place The decision came after VeriSign was ordered to file additional information to support its antitrust claims by the court in M...
Server sales rose again in the second quarter as demand remained strong around the world, according to a report from research firm Gartner that also showed Dell and Sun Microsystems making gains along with the Linux operating system Suggesting that at least some parts of the technology sector remain robust, Gartner said sales rose nearly 8 percent ...
European antitrust regulators said they will conduct an in-depth review of the proposed acquisition of digital rights management company Contentguard by Microsoft and Time Warner The European Commission said Wednesday it would proceed to a second-phase investigation of the deal, which was announced in April. Under that agreement, the two companies ...
Intel cut the prices of many of its most popular semiconductors, a move that might be designed to help clear the way for the company's next generation of chips The price cuts, which were announced on the company's Web site, were being billed as part of the normal course of doing business and not as a reaction to rising inventories that many analyst...
File-sharing applications Morpheus and Grokster were claiming legal victory after a U.S. court said it was not responsible for protecting the copyrights of material swapped on its person-to-person network The ruling deals a blow to some 28 entertainment companies, including giants such as Disney, MGM and Time Warner, that had filed copyright infrin...
Battered Nortel said it would lay off 3,500 workers and fire seven executives as part of its latest attempt to move beyond an epic accounting scandal and regain its market prominence The layoffs, part of a US$400 million restructuring aimed at cutting costs to be more competitive, represent about 10 percent of the worldwide workforce of the Canadia...
As Google lurched into its new life as a public company, debuting Thursday as the newest member of the Nasdaq, the impact of the search engine's still-blockbuster IPO on the tech industry as a whole was already being debated Before the offering was completed, there were some signs that the way Google's IPO limped across the finish line, pricing at ...
Google significantly cut the size of its upcoming initial public offering, lowering the price range it expects shares to sell for and cutting the number of shares in play, dropping the total maximum value of the year's biggest IPO from more than US$3 billion to $1.9 billion Google dropped the price range to between $85 and $95 each per share, well ...
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