Archive

Bush proposes $1.6 trillion tax cuts

By : CIOL Bureau

The Republicans are enthusiastic, but the Democrats say it is too good to be true. US President George Bush proposes a whopping $1.6 trillion in tax cuts in his first ever Budget outline before the Congress. While the Democrats have termed it less than responsible, Bush has defended his plan as "just right."

Intel shows off McKinley processor

By : CIOL Bureau

Engineering samples of McKinley, the second-generation 64-bit
processor, are now being shipped to OEM customers, says Intel. Itanium and McKinley, the two processors under development, are said to be crucial to Intel’s future success.

Appeals court question ruling on Microsoft

By : CIOL Bureau

The trial judge’s out-of-court outbursts and insufficient basis for
anti-trust motion may finally see Microsoft through. However, Microsoft still has to contend with charges of illegally maintaining a monopoly in the PC operating system.

Labels brace for post-Napster music world

By : CIOL Bureau

Shutting down Napster is not going to stop people from downloading music illegally. All it’s going to do is spread it out to lots of other places,
say industry watchers. What the music industry needs to do now is work out a
viable arrangement with small Internet companies offering subscription services.

News in Brief

By : CIOL Bureau

Hitachi invests in Photobit, Red Hat buys consulting firm, Gemplus, IBM to work on smart cards, Webel, Cisco to set up training schools, Chartered to report Q1 loss.

Aptech in fire-fighting mode as MD quits

By : CIOL Bureau

Aptech MD Ganesh Natarajan quits in what is being seen as the
latest development in the merger controversy. While he has reportedly taken up
another assignment in India, the Aptech board appoints executive director Pramod
Khera as the stand-in chief executive.

Aptech MD calls it quits

By : CIOL Bureau

The Aptech controversy snowballs with the resignation of its MD Ganesh Natarajan. The board has also announced that it will defer the merger of
Aptech’s software business with another group company, Hexaware Technologies.

Videocon to expand education business

By : CIOL Bureau

Videocon has teamed up with Parametric Technology Corporation to provide training in CAD-CAM. The company will set up Videocon CAD-CAM Training Centers in four Indian cities and an overseas center in Milan.

US companies keen for partnerships in telecom sector

By : CIOL Bureau

The booming telecommunications sector in India is a big attraction not only to the big players but also to small and medium companies in the US,
feels the US Telecom/IT Matchmaker Mission to India. And, there are a number of segments these companies can readily tap into.

Tech outsourcing companies to outperform

By : CIOL Bureau

Morgan Stanely predicts that tech outsourcing companies will beat
the growth rate of technology firms, especially during periods of economic
slowdown. And, figuring high on its list of top tech service providers in Asia are Infosys Technologies and Satyam Computer Services.

Intel acquires VxTel, inks pact with i2

By : CIOL Bureau

Intel’s $550 million acquisition of VxTel will help the chip maker access the latter’s advanced voice-processing technology and products that can be sold to its data-networking customers over optical networks.

Intel to roll out new microprocessors

By : CIOL Bureau

Despite a slump in global economy and the expected 15% fall in sales, chip giant Intel plans to increase funding for research, development and spending on chip-making equipment. Intel’s plans to unveil new microprocessors is the first step in this direction.

BSE launches webx.com for online trading

By : CIOL Bureau

The world’s first Internet enabled exchange, webex.com, was launched in Mumbai by the Bombay Stock Exchange. With an investment of Rs 15 crore, the exchange will offer end-to-end capital market services under one roof.

JP Morgan cuts Aptech to neutral

By : CIOL Bureau

The market reaction to Aptech’s proposal for merging its software
division with another group company, Hexaware Technologies, has been anything
but positive. Citing the very same reason, Morgan Stanely too downgrades the Aptech stock from ‘outperform’ to ‘neutral’.

TriVium’s SimpleRM is Product of the Year

By : CIOL Bureau

TriVium’s Simple RM, which integrates marketing, sales and services functions of an organization, offers several advantages like lower cost, flexibility and speed of implementation.

US case against Microsoft questioned by court

By : CIOL Bureau

Had Microsoft really harmed customers by thrusting Internet Explorer down their throats? Was Netscape really shut out from the market? Will destroying Microsoft’s monopoly status really help? These were not questions
posed by the defense counsel, but the 7-judge appeals court that is now trying
the antitrust case against Microsoft.

iSolv launches mChat

By : CIOL Bureau

iSolve ties up with BPL Mobile to promote mChat, a chat software,
in Mumbai. The new software employs low-cost SMS to facilitate wireless chat
that is similar to chat rooms on the Internet.

Online ads need to get bigger

By : CIOL Bureau

Size does matter! Ask the new generation online advertisers. Online
advertisements are now going to be bigger and thus ‘harder to ignore’.
Internet companies are trying to reinvent online advertising in a desperate attempt to churn out profits.

Smart phones to beat handheld computer growth: IDC

By : CIOL Bureau

Demand for handheld devices will grow from 12.9 million in 2000 to more than 63.4 million by 2004, says an IDC research report. With smart phones
adding new features like color screens, contact databases and the ability to
play music and videos every other day, their runaway growth seems inevitable.

Sun Micro releases low-priced workstation

By : CIOL Bureau

In a deliberate market grabbing exercise, Sun has introduced
workstation servers for $1,000. The new Sun Blade 100 workstation costs just
half of Sun Ultra 5 2D, the previous cheapest version, but is much faster.