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Sun Seeks Growth in Gaming, Wireless Markets

Sun Microsystems has revealed it is working on a server designed to enable faster and more expansive online game play. The company's goal is to create a dedicated server that can allow far more online gamers to play the same game at the same time. ...

Business Group Calls for Cyber Threat Warning Network

A coalition of the U.S. government and private businesses has released a report calling for the formation of an early-warning system to alert companies to impending and ongoing cyber-security threats. In the report, the coalition laid out recommendations for increasing personal responsibility for securing the Web ...

Microsoft Settlement Push Fails in EU

Last-ditch efforts by high-ranking Microsoft executives to negotiate a settlement with European Union antitrust regulators apparently have fallen short, and the clock is now ticking toward a March 24th decision by regulators about what penalties to slap on the software giant ...

HP To Expand Desktop Linux Push in Asia

In an effort to seize an opportunity created by regional resistanceto the Windows operating system, Hewlett-Packard has said it plans to beginshipping more desktop computers loaded with the Linux operating system in Asia ...

Nortel Hit Hard by Accounting Concerns

Nortel Networks said it has suspended its two top financial executives pending the outcome of an internal audit, sparking fear that the telecommunications equipment maker could become the latest tech firm ravaged by accounting scandal ...

EDS Sells Software Unit to VC Firms for $2 Billion

In what is being billed as the largest one-time investment of private equity in a technology firm, a leveraged buyout group led by two Silicon Valley venture capital firms has agreed to buy EDS' product design software business for US$2.05 billion in cash ...

Oracle Sales Rising, Outlook Improving

Oracle has reported third-quarter sales rose 9 percent year over year to US$2.5 billion while profits climbed 11 percent to $635 million. Both numbers were in line with analysts' estimates. The company also issued a positive outlook for the rest of 2004, a prediction that could help the stock market end a week-long slide. ...

Intel To Halt Centrino Shipments to China

In a move that could threaten a key source of recent and future growth, Intel has said it will be forced to stop shipping some of its Centrino mobile computing processors to China because it cannot comply with that country's government-mandated standards ...

Microsoft, AOL, Yahoo, EarthLink Sue Spammers

An alliance of leading Internet companies -- including AOL, Microsoft, Yahoo and EarthLink -- has filed a wave of lawsuits against "hard-core" spammers under the new CAN-SPAM law that took effect at the beginning of 2004 ...

IBM Boosts Middleware Portfolio with Trigo Buy

In the latest example of a small software firm with cutting-edge technology being scooped up by a big-name tech player, privately held Trigo Technologies has agreed to be acquired by IBM, where its technology will become part of Big Blue's burgeoning middleware portfolio ...

Sun Debt Rating Downgraded to Junk-Bond Level

Debt-rating agency Standard & Poor's (S&P) has downgraded Sun Microsystems' debt to junk-bond levels, citing the threat of increasing competition and Sun's inability to remain consistently profitable ...

Martha Stewart Found Guilty on All Counts

Home improvement guru and media mogul Martha Stewart was found guilty Friday of charges that she obstructed the investigation into her 2001 sale of nearly 4,000 shares of ImClone, a close friend's company, just before the stock plummeted in value ...

Leaked E-Mail Fuels Microsoft-SCO Conspiracy Theories

The heated battle between The SCO Group and the open-source community took another turn this week as an e-mail became public that seemed to imply Microsoft helped SCO raise millions of dollars for its legal war against open source. ...

Michael Dell To Give Up CEO Title, Remain Chairman

Michael Dell will relinquish the title of CEO at the company he founded in a dormitory room 20 years ago but will remain actively involved in day-to-day operations as chairman of the board, Dell Computer announced Thursday ...

Ask Jeeves Buys Excite Network for $343 Million

Signaling its intention to remain a player amid the giants in the search engine battle, Ask Jeeves said it will acquire the parent company of the Excite Network of search engines for about US$343 million in cash and stock ...

Gateway To Cut 1,000 More Jobs

In a reminder that the rising tide of technology recovery is not lifting all boats, Gateway said it will slash another 1,000 jobs over the next few months as it tries to bring its costs back in line with revenues. ...

IBM Creates Retraining Fund To Blunt Outsourcing Impact

In a move apparently designed to quell fears about widespread outsourcing of U.S.-based tech jobs to other countries, IBM has established a US$25 million worker retraining fund ...

Microsoft, eBay To Boost Power Sellers with XML

Microsoft and eBay have forged an alliance to work together, making it easier for third-party software developers to build tools that can improve the auction experience for power sellers and buyers. The tools will use basic Web services to more closely tie Microsoft Office 2003 applications, such as Excel and FrontPage, to the eBay platform. ...

Windows XP Upgrade May Bridge Gap to Longhorn

Microsoft has revealed it is considering rolling out an enhanced version of Windows XP, a move seen as a way to bridge what could be a longer-than-expected wait for its next-generation Longhorn platform. ...

DOJ Sues To Block Oracle’s PeopleSoft Buy

The U.S. Department of Justice (DOJ) has delivered a body blow to Oracle's languishing hostile takeover bid for PeopleSoft, suing to block the US$9.4 billion takeover because it reportedly would result in higher prices, less innovation and fewer choices. ...

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