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Dell Computer reported Thursday that first-quarter earnings dropped compared with year-ago figures, although the number two computer maker beat analysts' expectations and saw revenue rise Dell reported first-quarter net earnings of US$457 million on revenue of $8.1 billion, handily surpassing the $7.9 billion it predicted in April....
The U.S. District Court judge presiding over the Microsoft antitrust settlement posed several questions Wednesday about the extent of proposed penalties to be levied against the software giant Judge Colleen Kollar-Kotelly told the opposing sides that she will decide on appropriate penalties for Microsoft by relating them to the company's antitrust ...
Internet radio advocates told a U.S. panel Wednesday that a mandate requiring Web stations to pay for songs they broadcast could put many such stations out of business. But representatives of the recording industry countered that Internet piracy threatens their bottom lines as well A forthcoming decision by the U.S. Copyright Office, scheduled to b...
After posting disappointing financial results and warning Wall Street that it would be tough to meet forecasts, IBM plans to cut US$1 billion to $2 billion in costs starting this year, company CEO Sam Palmisano told financial analysts Newcomer Palmisano, who took the reins from storied IBM leader Lou Gerstner on March 1st, stressed the importance o...
Two more companies have accused online payment firm PayPal of using their technology without permission, and the company's relationship with MasterCard may be in jeopardy, PayPal disclosed in its quarterly report. Loss of MasterCard compatibility would be a significant blow because 15 percent of all money transferred via the PayPal network during ...
While Big Blue's name was not always synonymous with e-commerce, the technology giant has become a major player in the sector in recent years IBM made that transition in part through savvy partnerships with software companies specializing in e-business, and in part by offering its WebSphere software, which amounts to a flexible infrastructure kit t...
Microsoft is slashing the price of itsXbox videogame system in a move to compete with Sony'sindustry-leading PlayStation 2 In a price war that is getting hotter by the minute, Microsoft said Wednesday that itwill slash Xbox prices in the United States from US$299 to $199. The $100 price cutmirrors Sony's reduction announced Monday....
It's that time of year again: Radio stations around the country are giving away prizes to lure listeners. The shopping spree is always a big favorite. The idea of spending US$10,000 of someone else's money is quite appealing But why stop there? Bill Gates and Microsoft reportedly have as much as $40 billion in cash. That has not escaped the notice ...
In a campaign to compete directly with Microsoft Office, SunMicrosystems released its new StarOffice suite of applicationsWednesday, touting the package as an alternative to proprietarysoftware and noting that StarOffice has fewer licensing restrictions With enterprise pricing as low as US$25, StarOffice 6.0 canrun on Linux, Solaris and Windows pla...
Languishing Napster's high-profile CEO and its cult-hero founder both have quit abruptly, leaving the once-soaring music-swapping site facing an uncertain future. Founder Shawn Fanning, who invented the Napster file-swapping system while a college student in Boston, announced his departure just hours after the exit of Konrad Hilbers, a music heavy...
The days of huge consumer catalogs are numbered; a few years ago, Sears ceased publication of its famous catalog, and many other firms have followed suit. Fortunately, companies that traditionally sold their wares in this way faced a relatively easy transition to the Web. After all, the move basically involves converting a print catalog to electro...
Mothers were not the only ones delighted by the traditional flood of gifts and flowers last Sunday. According to Internet audience measurement service Nielsen//NetRatings, online retailers that targeted Mom as a gift recipient saw a significant spike in traffic During the week of May 5th, Web surfers visited sites that offer flowers, gifts and onli...
Yahoo! is learning an important life lesson, courtesy of the French courts: Make a mistake, and it will always come back to haunt you The only unusual thing is that Yahoo's mistake -- allowing Nazi memorabilia to be sold on its auction site in France -- is doing its haunting in ultra-slow motion. It's like a bad French film, and Yahoo! must be wond...
It is fitting, somehow, that the company whose name became synonymous with catalog sales will buy the company that has become the largest specialty clothing retailer in both Internet and catalog sales for a staggering US$1.9 billion. Sears Roebuck & Co. will pay $62 per share for Lands' End -- 21 percent more than Lands' End stock was worth last w...
RealNames CEO Keith Teare was not shy about naming the company he holds responsible for shuttering his business. He cited Microsoft's refusal to renew its contract with RealNames as the catalyst for the firm's closure The RealNames service allowed companies to buy keywords, which, when typed into a Web browser's address bar, would take users to a p...
Sun Microsystems has forged an alliance that will bring Yahoo's content to its corporate portals The pact between the software maker and the Internet media giant is designed to drive adoption and use of enterprise portals, which allow business users to access corporate e-mail and company information on a single Web site....
Microsoft's monopoly status led to its landmark antitrust trial. Now, its corporate foes and several state attorneys general are out for blood as the company's ultimate punishment is decided by the courts Despite the software giant's legal woes, it has forged ahead in a number of areas, including e-commerce. According to figures from research firm ...
Auction giant eBay has renegotiated a long-term advertising deal with AOL, which now must meet performance targets to keep the partnership active. EBay also warned its members that it will begin testing an in-house pop-up ad campaign in coming weeks.
When Amazon.com executives said earlier this year that they planned to build their business by lowering prices whenever possible, the statement raised more than a few eyebrows. While the e-tail giant has claimed its efficient operations make it possible for it to be profitable while always selling for less, what surprised observers most was that A...
Many Microsoft customers are hesitating to sign up for the company's new upgrade program, called "Software Assurance," according to analysts. Despite deal sweeteners like discounts, only about one-third of the software giant's clients have committed to the plan -- and a July 31st deadline is looming ahead The overhaul of the Microsoft upgrade proce...
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