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DoubleClick Hit by Hack Attack

Interactive advertising firm DoubleClick became the latest high-profile Internet company to be hit by hackers as a distributed denial of service (DDoS) attack knocked out the company's advertising servers for several hours, slowing many of the most popular Web sites as a result ...

Microsoft Delays Windows Server, XP Upgrades

Microsoft said Windows Server and XP upgrades, including 64-bit versions of its most popular software platform that it planned to have available this fall, won't be ready until early next year. ...

IBM Lands Navy Supercomputer Deal

Looking to keep its hold on the top rung among supercomputer makers, IBM landed a contract to build what will likely be one of the five most powerful computers in the world for the U.S. Navy ...

Google Sets Price Range for IPO

Investors who want to own a piece of Google likely will have to dig deep into their pockets considering the share-price range of US$108 to $135 the company set today for its upcoming initial public offering ...

Microsoft: The Latest Victim of Expectations

Microsoft became the latest company to be hurt by high expectations as the software goliath posted an 81 percent increase in net profit and a15 percent sales growth, but fell short of forecast targets and took it on the chin on Wall Street as a result. ...

Salesforce.com Growth Projections Disappoint Analysts

Dampening the enthusiasm sparked by its successful initial public offering, hosted software pioneer Salesforce.com has issued a growth forecast that falls short of analysts' expectations ...

Microsoft Unveils Plan To Send $75 Billion Back to Investors

Microsoft pulled the wraps of its plans to return as much as US$75 billion worth of cash reserves it has amassed to shareholders, possibly signaling the software giant won't pursue any major acquisitions in the near future ...

EC Regulators Approve Sony-BMG Merger

European regulators have approved the merger between Sony Music and Bertelsmann Music Group, leaving only U.S. approval before the two companies can come together to create the world's second-largest music business. ...

AMD Targets Mobile Market with Chip Rollout

Taking aim at one of the strong suits of rival Intel, AMD today released two new mobile processors, one meant to appeal to performance-hungry laptop users and one to target the tablet PC niche. ...

Big Blue Beats Earnings Targets, Provides Stong Outlook

IBM today said net income rose nearly 17 percent in the second quarter as server sales boosted both its bottom line and its profits. ...

AMD Profits Soar on Flash Chip Sales

Advanced Micro Devices, the second-largest maker of computer chips, followed the leader Wednesday by posting an impressive second-quarter earnings report but then deflating the optimism balloon with a measured outlook for the next three months ...

Reading the Intel Profit Tea Leaves

Intel posted healthy second-quarter profits on Tuesday, but concerns about the company's revenue growth, growing and shrinking profit margins quickly overshadowed the strong performance ...

Analysts Speculate About Google’s Choice of Nasdaq

Google's choice to take a spot alongside other tech heavyweights by staging its hotly anticipated initial public offering on the Nasdaq market has left analysts speculating about the thinking behind the decision. ...

Microsoft Says XP Update Coming Next Month

Microsoft said it will release a long-awaited service pack containing a host of security upgrades for its Windows XP operating system next month ...

China To End Tax on US Semiconductor Manufacturers

China has agreed to phase out a tax that drove up the prices of U.S.-made semiconductors sold in that fast-growing country, settling a complaint from the World Trade Organization (WTO) and handing U.S. chip makers a key victory ...

UN Agency Vows To Stamp Out Spam in Two Years

The United Nations has launched a push to curtail the vast majority of spam e-mail within two years. ...

Microsoft Plans $1 Billion in Cost Savings

Hoping to stay competitive and avoid more drastic measures in the future, Microsoft plans to reduce costs by US$1 billion this fiscal year by trimming employee benefits and cutting other expenses ...

Veritas Hit Hard After Dropping Profit Target

Veritas Software lowered its second-quarter revenue and profit guidance, becoming the latest tech company to say the quarter did not measure up to expectations. ...

Unemployment Remains Steady as 112,000 Jobs Added

Employers added 112,000 workers to their payrolls in the U.S. during the month of June, a figure that fell far short of expectations and left the national unemployment rate unchanged as more people joined the ranks of those actively seeking work. ...

MSN Unveils Long-Awaited Search Upgrade

Microsoft's long-rumored push deeper into the search-engine business officially kicked off Thursday when the company unveiled an upgraded search "portal" it says will return better results. The company also did away with paid inclusion and suggested that sweeping technology improvements to the overall search experience were coming soon ...

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