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More than 100,000 technology jobs have been outsourced from the United States to overseas workers, a trend that will continue for several more years but is actually good for the U.S. economy, a new report from the Information Technology Association of America (ITAA) argues The report, released today, states that continued outsourcing of white-colla...
Dell and Intel have been hit with a patent infringement lawsuit that claims the two companies pilfered graphic display technology developed by a small California company to create entire families of processors and computers. The suit, filed by MicroUnity Systems Engineering, claims that technology used in almost all Intel Pentium III and Pentium 4...
In a move that highlights the convergence of Web search and online shopping, Yahoo has announced plans to buy European comparison-shopping site Kelkoo for about US$575 million in cash France-based Kelkoo, which operates in nine European countries, uses a shopper-referral model that will fit well with Yahoo's paid-search and referral program, CEO Te...
After spending years in sell-off mode, Internet-era darling CMGI has returned to bullish acquisition mode, saying it will pay a combination of cash and stock worth approximately $230 million to acquire supply chain management firm Modus Media. CMGI said the deal also highlights a return to its original focus on supply chain services and technology...
In an agreement billed as one of the largest-ever Internet-only content deals, Microsoft has won the right to offer streaming audio and video of Major League Baseball games through its MSN service As part of their monthly US$9.95 fee, MSN Premium users also will get MLB.com's All Access service, which MLB.com sells directly for $19.95 per month. Th...
The European Union has issued a scathing denouncement of Microsoft's business practices, levied a record fine of just under US$612 million and ordered a stripped-down version of Windows to be made available within 90 days "Ongoing abuses act as a brake on innovation and harm the competitive process and consumers, who ultimately end up with less cho...
Setting the stage for what likely will be a lengthy court battle, member states of the European Union have backed a plan to slap a record fine of more than US$600 million on Microsoft for alleged antitrust violations in the personal computer market Although final details of the European Commission's package of sanctions against Microsoft will not b...
Sun Microsystems has revealed it is working on a server designed to enable faster and more expansive online game play. The company's goal is to create a dedicated server that can allow far more online gamers to play the same game at the same time. Using traditional business servers, gaming companies currently must divide game players into segments...
A coalition of the U.S. government and private businesses has released a report calling for the formation of an early-warning system to alert companies to impending and ongoing cyber-security threats. In the report, the coalition laid out recommendations for increasing personal responsibility for securing the Web The National Cyber Security Partner...
Last-ditch efforts by high-ranking Microsoft executives to negotiate a settlement with European Union antitrust regulators apparently have fallen short, and the clock is now ticking toward a March 24th decision by regulators about what penalties to slap on the software giant Microsoft had been in negotiations with the EU for some time, with company...
In an effort to seize an opportunity created by regional resistanceto the Windows operating system, Hewlett-Packard has said it plans to beginshipping more desktop computers loaded with the Linux operating system in Asia HP said it will partner with Turbolinux to ship theopen-source desktop platform starting in June to a dozen countries in theAsia-...
Nortel Networks said it has suspended its two top financial executives pending the outcome of an internal audit, sparking fear that the telecommunications equipment maker could become the latest tech firm ravaged by accounting scandal Shares of Nortel, which had been climbing to new heights as the company began to see the effects of a resurgence in...
In what is being billed as the largest one-time investment of private equity in a technology firm, a leveraged buyout group led by two Silicon Valley venture capital firms has agreed to buy EDS' product design software business for US$2.05 billion in cash The business, UGS PLM Solutions, develops software that helps companies design new products fr...
Oracle has reported third-quarter sales rose 9 percent year over year to US$2.5 billion while profits climbed 11 percent to $635 million. Both numbers were in line with analysts' estimates. The company also issued a positive outlook for the rest of 2004, a prediction that could help the stock market end a week-long slide. Oracle said new software ...
In a move that could threaten a key source of recent and future growth, Intel has said it will be forced to stop shipping some of its Centrino mobile computing processors to China because it cannot comply with that country's government-mandated standards Intel told customers in meetings this week that it will be unable to meet China's June 1st dead...
An alliance of leading Internet companies -- including AOL, Microsoft, Yahoo and EarthLink -- has filed a wave of lawsuits against "hard-core" spammers under the new CAN-SPAM law that took effect at the beginning of 2004 The companies said they have filed six lawsuits that name hundreds of alleged spammers as defendants under the law, which is form...
In the latest example of a small software firm with cutting-edge technology being scooped up by a big-name tech player, privately held Trigo Technologies has agreed to be acquired by IBM, where its technology will become part of Big Blue's burgeoning middleware portfolio Terms of the deal were not disclosed. Trigo, which is based in Brisbane, Calif...
Home improvement guru and media mogul Martha Stewart was found guilty Friday of charges that she obstructed the investigation into her 2001 sale of nearly 4,000 shares of ImClone, a close friend's company, just before the stock plummeted in value Stewart was found guilty of conspiracy to obstruct justice, obstruction of justice and two counts of ma...
The heated battle between The SCO Group and the open-source community took another turn this week as an e-mail became public that seemed to imply Microsoft helped SCO raise millions of dollars for its legal war against open source. The latest twist in the SCO saga arose when an outspoken open-source backer posted an e-mail between a SCO executive ...
Michael Dell will relinquish the title of CEO at the company he founded in a dormitory room 20 years ago but will remain actively involved in day-to-day operations as chairman of the board, Dell Computer announced Thursday Longtime executive Kevin Rollins, who joined Dell full-time seven years ago, will take over as CEO. The company said the change...
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