Archive

Intel launches plan to boost car-based devices

By : CIOL Bureau

Intel has announced a plan to speed up the adoption of Internet-based
navigation, multimedia, phones and other products in cars. Intel said it wants
to speed up the development of products and services that are already based on
Intel’s microprocessor and memory technologies.

Bill Gates sold 10% of stake in fiscal 2001

By : CIOL Bureau

Bill Gates, co-founder and chairman of Microsoft Corp., sold about
10 per cent of his stake in the software giant last fiscal year. Gates, who as
"chief software architect" is molding the company’s strategy to
provide fee-based Internet services, also took home $494,992 in salary in fiscal
2001, a 12-per cent raise over the previous year.

Onward Novell in talks with TCS, Wipro on Netware 6

By : CIOL Bureau

Onward Novell, a joint venture between Onward Network Technologies
and Novell Inc., is forging alliance with Indian System Integrators TCS, Wipro
and MindTree. This exercise is part of its `Go to Markets’ marketing initiative
to push newly launched Netware 6.

Wipro to offer IT services for US retail firm

By : CIOL Bureau

Best Buy Co. Inc., a leader in retailing of electronics, PCs,
entertainment software and appliances, has chosen Wipro Technologies for
outsourcing IT services. Wipro in turn will develop for Best Buy an `Electronic
Subscription Capture’ for account management application used for selling
services and subscription plans.

Microsoft packs XP with yet another ‘Plus’

By : CIOL Bureau

Microsoft will offer Plus, an add-on package of programs providing digital
media features in a bid to attract buyers for XP. The package adds features to
Microsoft’s Windows Media Player software other than video games, screen savers
and desktops.

Lucent seeks buyer for Octel messaging

By : CIOL Bureau

Lucent is seeking a buyer for its Octel voice messaging business,
according to sources close to the company. Since its spinoff from AT&T Corp.
in 1996, Lucent has acquired 38 companies, including Octel, which it bought for
$1.8 billion in September 1997 in its first major deal.

Amazon.com expands to online travel store

By : CIOL Bureau

Amazon.com has opened an online travel store with partners like
Expedia. The online bookstore is moving into more profitable services by using
its online shopping platform to sell goods.

Attacks could worsen tech slowdown

By : CIOL Bureau

The aerial attacks in the US may worsen the already down tech
market. The attack according to Dataquest Inc. could see an increase in sales
for vendors of security, network storage and systems management.

Borland partners with Ingram Micro

By : CIOL Bureau

Borland Software Corporation has partnered with Ingram Micro India
for the distribution of Borland products throughout India. Ingram will
distribute Borland’s Jbuilder, Delphi and C++ Builder rapid application
development (RAD) products.

Computer Associates launches Jasmine portal

By : CIOL Bureau

Computer Associates International has announced the launch of
Jasmine portal in India, an Enterprise information portal in association with
Planetasia. The portal is priced at $22,000 to $25,000 on hardware units base.

Consumer groups urge strong action against Microsoft

By : CIOL Bureau

A coalition of consumer advocacy groups has urged the US federal
government and State Attorney Generals to seek tough sanctions against Microsoft
for violating antitrust law. The coalition includes the Consumer Federation of
America, the Consumers Union, the US Public Interest Research Group and the
Media Access Project.

Exodus announces bankruptcy

By : CIOL Bureau

Exodus, one of the largest Web site hosting companies and a Wall
Street darling at height of the dot.com frenzy has announced it is filing for
bankruptcy. It will continue with the help of $200 million from GE Capital for
sometime.

HP, Compaq merge: Competitive advantages still far off

By : CIOL Bureau

The HP-Compaq merger has left a number of questions to be answered.
The enormous amount of overlap in products and services will see the status of
many divisions, product lines and employees up in the air. There are significant
challenges ahead for HP and Compaq, and the companies will need to prove they
can handle a merger of this magnitude and deliver to justify the benefits and
risks of the acquisition. Just wondering HP + Compaq = ?

Virus creators, hackers are getting smarter, say experts

By : CIOL Bureau

Experts say computer systems can never be fully protected from
viruses or hackers as the brains behind such attacks are always a step ahead of
security measures. However, vulnerable sections of systems can be identified and
repetitions of the same crime can be prevented.

UBS Warburg cuts Infosys, Wipro ratings

By : CIOL Bureau

UBS Warburg on Thursday lowered its recommendation on India’s two
largest software companies by market capitalization, citing recent problems in
the United States. It downgraded Infosys status to sell from buy and Wipro to
sell from hold.

18 Korean firms vow to stop Windows XP release

By : CIOL Bureau

South Korea’s largest Internet portal Daum Communications and 17
other software companies have vowed to take joint action against Microsoft’s
planned release of Windows XP. Daum controls 20 per cent of Korea’s instant
messaging market.

Sentiments improve as Reliance leads

By : CIOL Bureau

Shares finished higher on Wednesday led by old-economy stocks such
as petrochemicals major Reliance Industries Ltd. as sentiment improved on
slackened selling by foreign funds, brokers said. Traders said the absence of
alarming developments in the stand-off between the US and Afghanistan encouraged
investors to hunt for bargains.

Oracle announces iDevelop2001 seminar

By : CIOL Bureau

To keep Indian developers abreast of emerging Internet technology,
Oracle Corp. has announced the kick off of the iDevelop2001 seminar series in
India. Developers can attend the seminars in Mumbai on October 3 and in New
Delhi on October 5.

‘Growth rate forecasts too high for security firms’

By : CIOL Bureau

Financial analysts feel growth rate forecasts for the computer
security sector, which range between 25 per cent and 50 per cent, are too high
and need to come down at least 8 per cent. While customers have cut their
spending across-the-board, computer security companies are planning to spend 10
per cent to 15 per cent more than they did last year.

Oracle, BT team up in software rentals

By : CIOL Bureau

Oracle will team up with British Telecommunications to rent out
Oracle software to corporate customers throughout Europe. Oracle plans to sell
the majority of its application software as a "rented service".