Archive

Terrorism fears rattled some markets around the world today as word that terrorists were reportedly eyeing the energy infrastructure of the U.S. drove oil prices back toward record levels again and helped drive stocks lower on the session. The markets managed to bounce off sessions lows, but finishe...

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. Intel said profit nearly doubled in the quarter that ended in June, rising 96 percent to US$1.76 billion compared...

Many businesspeople have thought about the thrill of going public: the challenge, the excitement, the bragging rights and the "pot of gold" at the end of the rainbow. But what should you know about the downside and cost of such a venture? Are there important things you absolutely must be aware of be...

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. Being listed on the Nasdaq will put Google in the company of rivals such as Yahoo and M...

Microsoft said it will release a long-awaited service pack containing a host of security upgrades for its Windows XP operating system next month. At its annual partner conference in Toronto, Microsoft announced that engineering work is wrapping up and that XP Service Pack 2, which has been in beta t...

Got Insurance? If your business has a presence on the Internet, you had better have it. Traditional liability insurance will not be adequate, however. Loss of income and data plus lawsuits filed against your business are the expected consequences of hacker and virus attacks. These are potentially mo...

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. The WTO filed a complaint against China on March 18th after the United ...

Whether they have just graduated from college or business school, or already have spent years climbing the corporate ladder, ambitious individuals with their eye on the corner office can take several steps to improve their chances of success. Businesses are looking for executives who excel in managi...

The United Nations has launched a push to curtail the vast majority of spam e-mail within two years. The push by the International Telecommunications Union (ITU), the telecom arm of the UN, began this week with a meeting of scores of regulatory agencies from around the world in Geneva, Switzerland. ...

Cisco Systems today announced a definitive agreement to acquire privately held Parc Technologies of London, United Kingdom. Parc develops traffic-engineering technologies and software for routing optimization. Parc is a spin-off that originally began as a research center focusing on search algorithm...

Thirty-six percent of the software installed on computers worldwide was pirated in 2003, representing a loss of nearly US$29 billion. These are the key findings of a global software piracy study released today by the Business Software Alliance, an international association for software manufacturers...

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. The savings will come from a more coordinated marketing effort among the company's various divisions an...

Many companies understand that, to be successful, they must be aware of political environments and regulations, cultural and labor considerations, national and international economic pressures, and technological developments, but perhaps one factor affecting companies most intensely in the new mille...

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. Saying enterprise sales were down, particularly in the U.S., the storage software maker lowered its revenue targets to US$475 million to $4...

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. In its monthly report released early Friday, the Bure...