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DaimlerChrysler has substantially increased its second quarter operating profit from $0.8 billion to $2.5 billion The Chrysler Group, Commercial Vehicles and Services divisions significantly improved their earnings, though the operating profits of the Mercedes car group and the other activities segment were lower than in the same period of last yea...

Worldwide dynamic random-access memory (DRAM) revenue reached US$6.7 billion in the second quarter of 2004, a 19.8 percent increase from the first quarter of this year, according to preliminary results by Gartner. Hynix Semiconductor moved into the number two position in the second quarter of 2004 with revenue totaling $1.1 billion. The last time ...

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 The attack hit DoubleClick's domain name system (DNS) servers with a ba...

Silicon Graphics (SGI) announced that NASA has chosen the company's Altix as the foundation of Project Columbia, a collaboration between SGI and Intel that is expected to foster scientific breakthroughs in space exploration, global warming research and aerospace engineering For the project, NASA plans to integrate a total of twenty 512-processor Al...

IBM today announced it has entered into an agreement to acquire Cyanea, a provider of software that monitors and manages the performance of Web-based business applications. Cyanea is a privately held company based in Oakland, California. Financial terms were not disclosed. Upon closing, Cyanea's operations will be integrated into IBM's Tivoli syst...

Reports of rising numbers of IT jobs in foreign markets might mean Northern California's Silicon Valley is no longer the biggest tech employer, but analysts are quick to point out that Silicon Valley is different, providing the most diverse and robust mix of jobs and a higher level of talent. According to officials for the state of Karnataka, Indi...

Fujitsu and TDK have agreed to form a strategic alliance in the magnetic hard disk drive head business. The agreement covers collaboration in drive head technology It also covers a joint venture for drive-head manufacture. The companies will launch a new joint venture in the Philippines, where they both have manufacturing operations.

Francis Crick, who helped discover the double helix shape of DNA along with James Watson, has died at the age of 88, his family said on Thursday Crick died at Thornton Hospital in San Diego where he had been battling colon cancer....

German engineering conglomerate Siemens today posted strong earnings growth for the quarter ended June 30, with net income up 29 percent over the same period last year, profit from operations up 21 percent and orders up 5 percent At the same time, the company also said it now expects to exceed its previous earnings projections for the year....

Virus writers busily scribbled code during the first half of 2004,introducing 4,677 new viruses into the wild, a 21 percent increase overthe same period last year, according to a report released by Sophos, aninternational maker of antivirus and antispam software "There's a greater interest in writing viruses than ever before," SophosSenior Technica...

U.S. Sen. Judd Gregg, chairman of the Senate Committee on Health, Education, Labor and Pensions, recently introduced the Safe Importing of Medical Products and Rx Therapies Act, a bill that will allow for importation of prescription drugs from Canada and a number of Western European countries. The Act is designed to combat the high cost of prescription drugs. If signed into law, it would allow individuals, pharmacies and wholesalers to safely import cheaper Food and Drug Administration (FDA) approved prescription drugs from these countries...

Much analysis has gone into the debate about which type of loyaltyinstrument is most effective in helping businesses dynamically interactwith customers in order to build and maintain more profitablerelationships. The debate, focused on smart cards versus magneticstripe cards, is irrelevant. The type of card consumers carry in theirwallet will not help an organization's loyalty program succeed; thereward relevance and the program delivery method will...

At a working lunch last week I had the misfortune of being seated next to some guy from Boston whining about the misery and risk introduced into his life by Sarbanes-Oxley. I kept wanting to ask him what he thought his job was as a CFO, since all Sarbanes-Oxley really does is establish a basis for legal penalties against financial executives who dishonor the job description by failing to understand, apply and maintain adequate internal financial controls...

Crude oil prices soared Wednesday, reaching their highest levels in 20 years after another violent day in Iraq and more bad news from Russia's Yukos renewed fears about supplies to the U.S. and other countries being impacted by terrorism During the trading day, prices for crude futures actually set an all-time high of $43.05, but later dipped back ...

Evans Data today released survey results showing that 90 percent of Linux systems have never been infected by a virus, and nearly 80 percent have never been hacked The survey of 500 Linux developers worldwide was conducted earlier this month. The respondents' answers were compared to another survey done by Evans in the spring, the North American De...

The U.S. Federal Aviation Administration (FAA) selected Oracle Database 10g and Oracle 10g Spatial to create precise electronic maps of the skies. These complex geographic information systems provide pilots with instrument flight procedures to help them safely navigate airspace Aviation System Standards, a department within the FAA, produces more t...

Silicon Graphics today announced that NASA has chosen SGI's Altix as the foundation of Project Columbia, a collaboration with SGI and Intel that is expected to fuel scientific breakthroughs in space exploration, global warming research and aerospace engineering. With Project Columbia, NASA plans to integrate a total of 20 512-processor SGI Altix s...

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. Promised 64-bit versions of Windows Server and Windows XP and the Windows Server 2003 Service Pack 1, which includes a number of security enhancements, wil...

The price of crude oil hit a record high of 43 dollars per barrel Wednesday in the NYMEX futures' market Trading prices dropped again to 42.85 dollars but remained above previous record of 42.45 dollars per barrel, set on June 2.

Two independent groups seeking to win a private, US$10 million space-travel contest known as the X Prize have announced they are closer to actually meeting the terms for the prize, with back-to-back, manned flights planned for the fall The SpaceShipOne team, which achieved mankind's first private spaceflight with a person in the Mojave Desert last ...