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Seagate Technology, a maker of hard-disk drives, plans to cut nearly 3,000 jobs in a bid to save US$150 million as it deals with what it described as fiercer-than-expected pressure to lower prices. ...
A group of technology and consulting companies led by Accenture has landed a U.S. federal contract that could be worth as much as US$10 billion. The contract calls for them to implement a border access system that will rely heavily on biometrics and other technologies to track foreign visitors to the United States. ...
Online sales grew more than 50 percent in 2003, soaring past the US$100 billion level and turning increasingly profitable, according to a new report from Shop.org and Forrester Research. ...
Police in Taiwan have arrested Wang An-ping, a 30-year-old man who reportedly admitted to authoring Trojan code later used to steal and destroy information on government-owned computers ...
Database sales posted strong gains in 2003, with IBM and Microsoft winning market share but Oracle benefiting the most from the rise of Linux, according to a new report from Gartner Dataquest. ...
Seeking to move beyond a US$2 billion accounting scandal, Computer Associates has offered to make a $10 million payment to put the probe to rest and has rolled out an information security product and services push designed to capitalize on what is already a strong growth area. ...
Toysrus.com has sued Amazon.com, the company that has run its online store since early 2000, claiming the e-tail giant violated an exclusivity agreement and seeking US$200 million in damages. ...
Lucent Technologies said Monday that it will pay about US$295 million to acquire Telica, a provider of Voice over Internet Protocol (VoIP) gear, in the latest deal to underscore the emergence of the Internet as a tool for traditional telecommunications. ...
Corporations will replace 100 million personal computers this year and even more in 2005, helping to drive a year-over-year increase in PC sales of about 14 percent in 2004, according to a report from research firm Gartner. ...
Symantec has announced it will buy spam-filtering company Brightmail in a deal worth US$370 million, adding spam-stopping capabilities to its antivirus and security gateway. ...
Hewlett-Packard posted its best sales figures in company history during the second quarter, exceeding analysts' revenue expectations and matching profit forecasts as demand for printers, servers and outsourcing services remained strong. ...
Saying the market for sending voice, video and other communications over the Internet is enormous but largely untapped, IBM and Cisco have announced they will work together to help companies make use of the money-saving option. ...
Cisco Systems is investigating whether part of the source code that powers its networking hardware has been revealed on the Internet -- a potentially embarrassing development for a company making a huge push into the network security business. ...
Yahoo will unveil an upgrade of its Web-based e-mail service this summer that includes greatly expanded storage capacity for free users and "virtually unlimited" storage for paid customers ...
Taking its AdSense program in a new direction that could inject a breath of fresh air a traditional Internet-advertising style, Google has said it will begin testing banner ads. ...
Powered by a slightly better than expected earnings report and expectations that tech spending will remain strong, Cisco Systems has said it will add 1,000 workers in 2004. ...
Microsoft has said it will stop making high-speed wireless networking products, phasing out a family of routers and network interface cards less than two years after it entered the booming WiFi market. ...
Gateway has filed suit against rival Hewlett-Packard, broadening a patent dispute that first arose nearly two months ago ...
Small businesses are the true success stories of the Internet revolution, and further attempts to level broad taxes on Web sales and access would harm the ability of entrepreneurs to compete, according to eBay CEO Meg Whitman. ...
Intel will change its future chip product strategy, moving away from its workhorse and power-hungry Pentium 4 line in favor of the more versatile, mobile-friendly Pentium M design. ...
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