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Reporting a quarterly profit of US$2.2 billion, IBMhandily beat Wall Street's expectations with its Q3earnings. Impressive sales of its hardware andlicensed software sales were the primary driver of the company'sgains The only cloudy note in the report was the decline in itsservices unit, which constitutes almost halfof IBM's business. The company ...

Microsoft has opened its virtualization technology. The software giant made its Virtual Hard Disk (VHD) virtualization specification available under its own Open Specification Promise (OSP) with the aim of encouraging development and increasing interoperability Looking to ensure its piece of the virtualization pie -- a technology trend whereby mult...

In a security industry battle that is heating up day by day, McAfee is alleging that Microsoft has failed to keep its end of a deal to cooperate with security software companies Microsoft promised the European Commission last week that it would alter its new Vista operating system to allow security software vendors to develop ancillary software. Mc...

Keynote Systems on Wednesday announced new indices tracking best-in-class e-commerce sites. The new indices track the speed and reliability from the end user perspective of 24 leading online retail sites across three categories: apparel, books and music, and electronics Conducted by Keynote Competitive Research, the industry analysis group of Keyno...

Yahoo said softness in parts of the advertising market led to a 37 percent drop in quarterly profits and prompted a lower-than-expected forecast for the fourth quarter The Web portal did say its new paid search ad delivery platform, known as Panama, was now up and running and on track to be fully operational by early 2007. Still, that news could no...

The rise of digital marketing has opened up a world of opportunity to win customers that goes well beyond search engine optimization, banner ads and link exchanges This is due in part to the evolution of the Internet, which is sparking creative ideas that leverage new online platforms for guerilla marketing at its best. Apparel companies, musical a...

Jeff Taylor is at it again The Monster.com founder raised US$10 million in venture capital from General Catalyst Partners and Sequoia Capital to launch Eons, a 50-plus-targeted media company that he hopes will inspire a generation of Baby Boomers and seniors to live the biggest life possible....

Google is planning to deploy a solarelectricity system that will have a capacity of 1.6megawatts at its famed million square foot headquarters inMountain View, Calif. It will be the largest suchinstallation on a corporate campus in the UnitedStates and one of the largest in the world, the company said EI Solutions, a subsidiary of Energy Innovation...

Sun Microsystems unveiled this week a unified plan to bring virtualization technology to enterprises. The company said it will offer virtualization technology and related support services, including virtualization technology for its Niagara T1 processor-based Sun Fire T1000 and T2000 servers; Xen support in Solaris; Life Cycle Services for Virtualization; and extended support for VMware virtualization...

It may be months before Windows Vista, the long-anticipated upgrade ofMicrosoft's PC operating platform, becomes widely available, but the company is already taking heat for building in technology that limits its transferability.Users will be able to transfer Vista from the first PC installation to a different machine only once Earlier versions of ...

As Firefox lovers await version 2.0 of the open source browser, Mozilla is already moving ahead with plans to develop the next version -- and it wants your help Mozilla issued Release Candidate 3 (RC3) of Firefox 2.0 on Monday. It is expected to be the final version of the browser before its official launch. At the same time, Mozilla announced a wi...

The massive recall ofSony notebook PC batteries may be taking more of a financial toll on the company than initially expected. The company said Tuesday it may need to revise its financial forecasts Sony is evaluating whether to adjust its previous forecast of US$1.1 billion in profit for the current fiscal year. "We are currently in the process of...

U.S. and Russian scientists on Monday announced they have created the newest super-heavy element, element 118 Scientists at Lawrence Livermore National Laboratory, in collaboration with researchers from Dubna, the Joint Institute for Nuclear Research (JINR) in Russia, discovered the element during experiments last year....

Search engines have made a boodle for outfits like Google, but when it comes to online entertainment -- especially entertainment on demand -- they may find their relevance waning "Search engine algorithms are based on text, information and links," Daren Gill, vice president for business development for ChoiceStream in Cambridge, Mass., told TechNew...

Yahoo Small Business, one of the most popular options for merchants to establish their first online presence, started to roll out a major upgrade Monday, revamping the way it gets merchants set up to focus more on immediate sales results The e-commerce platform, known as Yahoo Merchant Solutions, got the first of several planned upgrades, with a ne...

Another day, another battery recall That seems to be a disturbing trend in the mobile electronics industry, but some companies are moving to address the volatile situation....

Two private equity firms, The Carlyle Group and Providence Equity Partners, jointly announced on Monday that they have signed a definitive agreement to acquire Open Solutions in a transaction valued at over US$1.3 billion Under terms of the agreement, The Carlyle Group and Providence Equity Partners would acquire all of Open Solutions' outstanding ...

Cutting-edge voice, speech and translation technology from IBM is getting a critical test from U.S. military personnel who are using the system to speak with Iraqi locals in their own language The Multilingual Automatic Speech-to-Speech Translator, or "MASTOR," is activated by speaking and translates both from English to Arabic and from Arabic to E...

A circuit court judge in Florida's Miami-Dade County has decided not to ban the sale of a controversial video game to minors Judge Ronald Friedman previewed "Bully," a game scheduled to be released for Sony's PlayStation 2 on Tuesday. After watching a live demonstration of the game, he decided that it is not violent enough to justify taking action ...

Sirius Satellite Radio (Nasdaq: SIRI) said Monday it would launch a Web-only version of its subscription satellite service, a significant step for the company as it tries to generate enough revenue to earn back major investments in on-air talent Sirius will launch Sirius Internet Radio, which it described as a CD-quality, Internet-only version of i...