Archive

Sony pulls plug on Net appliance

By : CIOL Bureau

Sony has announced it was abandoning its plug-on e Villa Net
appliance. The announcement is the latest in the series of failure to carve a
niche in the PC market for a cheap email and net-surfing platform. The firm is
also offering to buy back the machines and refund costs linked to the dedicated
online service.

Sun Micro to launch new high-end server

By : CIOL Bureau

Sun Microsystems will launch a new high-end server with its UltraSPARC III microchip on Sept 26. This puts Sun in competition with IBM, which is set to launch its next generation UNIX-based server in the fourth quarter.

Turbolinux now eyes lucrative enterprise market

By : CIOL Bureau

Turbolinux, which has been selling Linux OS, is now changing strategy to help boost its falling sales. It has announced the launch of PowerCockpit software, marking a transition from Linux distributor to a more traditional software firm. Turbolinux was only focused on sales, marketing and retail, and now it hopes to foray into enterprise.

Hardware: The slump continues…

By : CIOL Bureau

Hardware vendors are busy shuffling their business models, fighting hard to beat the extended slowdown. Analysts around the globe had predicted it to last somewhere between 11-18 months and were hoping for signs of revival in the second quarter this year. However, the results so far have been far from satisfactory.

InfoTech opens new center, to boost hiring

By : CIOL Bureau

InfoTech has announced opening of Rs 120 million-center in Bangalore. The company, which hopes to tap talent from large research organizations in aeronautics in the area, has also planned to boost its staff strength by recruiting 200 engineers for the new center.

News in brief

By : CIOL Bureau

neoIT licenses technology to three portals, IBM launches server to beat Dell, HCL launches BeanStalk PCs, Enterasys launches SOHO VPN gateway.

Firms look at ‘buggy’ software to outrun rivals

By : CIOL Bureau

At a time when profit margins are dropping, most software firms are looking at expensive office systems to outdo rivals and save unplanned costs. However, firms may face the challenge of dealing with bugs in newly released software and bringing a change in the mindset of employees who may resent the change.

Sega to introduce games for handheld

By : CIOL Bureau

Synovial and Sega Corp have announced tie-up to bring the latter’s games to handheld computers. Under the terms, Sega’s game content will be licensed to Synovial, which in turn will be embedded into its Pocket PCs that will be sold later this year.

Canadian bank to stake claim in Subex

By : CIOL Bureau

Toronto-Dominion Bank will acquire three per cent stake in Subex Systems. The Canadian-based bank’s stake will be part of the fresh equity issued by the firm, in addition to the existing stake it has as a portfolio investor.

TCS opens software center in Hungary

By : CIOL Bureau

Tata Consultancy Services announced that it has opened its 24th offshore development center in Hungary. The center would hire 100 software professionals by the end of this year.

US tech CEOs invest $80 m in European fund

By : CIOL Bureau

Despite the moribund tech market, a European-US venture fund said
that it has raised $80 million for a new European investment fund. The fund will
invest in enterprise and wireless software start-ups, a market that appears to
be weathering the economic slowdown in the US better than most technologies.

Hungry investors hover over dying CRM firms

By : CIOL Bureau

The drought in technology spending has begun to have its impact on
specialty software makers, especially those in the CRM space. Falling profits
and stock prices have prompted vulture investors to circle over dying companies
in the hope that such acquisitions will get even cheaper and more plentiful
during this lean season.

Microsoft set for showdown with game labels

By : CIOL Bureau

This holiday season is likely to witness a video game war, with
Microsoft’s XBox likely to face stiff challenge from Sony’s PlayStation 2
and Nintendo’s GameCube. With sale of game console units up by 66% in first
half of this year, some analysts are predicting the industry to witness a growth cycle that is expected to last five years.

AMD shedding red ink in price war

By : CIOL Bureau

AMD’s battle with Intel has begun to hurt and it has begun to show. Though it recorded strong volume shipments for its Athlon and Duron processors, the firm said there would be a 15% fall in current third quarter from the second quarter. Sales of flash memory products were also expected to dive nearly 30%, or $100 million.

News in brief

By : CIOL Bureau

Dertouzos, web progenitor, dies at 64; Net4India unveils new dial-up packages; TrustAsia to sell Verisign services in Asia; Merrill cuts Sun’s outlook; Nokia loses market share; NIIT in deal with Alcatel; InfoTech gets SEI -level 4 quality rating; Super Micro to launch motherboards in India; ORG-MARG, GTL tie up on networking solution.

Lucent, Vastera ink $25 m-deal

By : CIOL Bureau

Vastera has signed a five-year deal with Lucent to help the latter in managing its global trade operations. The $25 million-deal will enable Lucent to use Vastera’s systems to manage product classification, checking shipments, applying for licenses and generating international shipping.

Kochi to emerge as Kerala’s IT hub

By : CIOL Bureau

After the successful launch of Technopark in Thiruvananthapuram, the Kerala government has now set its eyes on promoting Kochi as the IT hub to attract external investments and encourage local entrepreneurs to put up projects in IT and related services.

Slowdown begins to impact IT training industry

By : CIOL Bureau

The slowdown in the US economy has begun to have effect on the
Indian IT training industry with most top names reporting losses in the previous
quarter. Though long-term software engineering courses are still in demand, the
spate of job cuts globally and the closure of institutes have caused
apprehension among students in joining IT institutes.

Sun sees another quarter of losses

By : CIOL Bureau

Sun Micro has said that it would report second consecutive losses this quarter. With demand for servers slowing down in Europe & Asia and IBM’s Linux server posing a serious challenge, Sun may soon be forced to go in for massive job cuts to keep its expenses in check.

European body expands probe of Microsoft

By : CIOL Bureau

The European Commission has expanded its investigation of Microsoft
Corp to look into whether the US software giant is illegally tying its Media
Player to its Windows operating system. EU Competition Commission spokeswoman
Amelia Torres, however, said they were not examining Microsoft’s new Windows XP
operating system as part of the probe.