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Sun Microsystems Reports Profit

Sun Microsystems reported results today for its fiscal fourth quarter and full fiscal year, which ended June 30, 2004. Revenues for the fourth quarter grew to US$3.110 billion, an increase of 4.3 percent as compared with $2.982 billion for the fourth quarter of fiscal 2003.

Greenspan Says Spending Will Rebound

Federal Reserve Chairman Alan Greenspan said the U.S. economy is poised to continue expanding, and suggested that the sudden drop in consumer spending related to inflation will recede over time In closely watched testimony to the Senate Banking Committee, Greenspan said sharp price increases that may have slowed consumer spending -- especially in f...

ICANN Works To Split from Commerce Department

In a meeting in Kuala Lumpur, officials from the Internet Corporation for Assigned Names are hammering out details for self-rule in an effort to separate itself from the U.S. Department of Commerce The ICANN group, which is responsible for coordinating the Internet's naming and numbering systems, has brought together government agencies, private bu...

IBM Pushes New Software Development Tech

At the Rational Software Development User Conference yesterday, IBM revealed its plans for new capabilities expected to be available in the IBM Software Development Platform by the end of 2004. According to the company, the new software development technologies will help organizations automate their development activities Mike Devlin, General Manag...

SECURITY BRIEF

First Pocket PC Virus 'Poses No Threat'

Antivirus company Sophos's virus researchers reported the first ever virus to infect the Microsoft Pocket PC operating system The Duts virus (W32/Duts-A) is able to infect PDAs running the Pocket PC operating system, and it was reportedly written by the 29A virus writing gang.

European Weather Center To Rely on Linux

Linux Networx today announced that the European Centre forMedium-Range Weather Forecasts has chosen the company forimplementation of a Linux-based cluster computing system. The system, an Evolocity II Linux Networx cluster, will be used toevaluate the suitability of cluster technology for broader deploymentwithin the center's high performance prod...

EC Regulators Approve Sony-BMG Merger

European regulators have approved the merger between Sony Music and Bertelsmann Music Group, leaving only U.S. approval before the two companies can come together to create the world's second-largest music business. Financial terms of the deal have not been disclosed and the merger excludes some activities. For instance, each company will continue...

AT&T Boosts 3G Wireless in US

3GSM makes its debut in the United States today as AT&T Wireless announces the rollout of its initial third-generation broadband mobile communications offering in Seattle, Phoenix, Detroit and San Francisco The new U.S. service, launched ahead of schedule, brings the number of live 3GSM networks to more than 50 worldwide. The 3GSM technology is a b...

Schwab Ousts CEO in Face of Sagging Profits

Discount brokerage Charles Schwab today announced the immediate replacement of CEO David S. Pottruck by board Chairman Charles R. Schwab in the face of continued sagging profits In the same statement, the San Francisco, California, company also reported that its net income for the quarter ended June 30th was US$113 million, down about 10 percent, o...

Microsoft Forms New Entertainment Convergence Group

Microsoft has formed a new Media/Entertainment & Technology Convergence Group, a move analysts say is calculated to build trust between the Redmond, Washington, technology giant and the media and entertainment industries. "Clearly Microsoft is trying to reach out to the companies that own rights to digital media because having that media compatibl...

IntelliCare CRM Offers Nurses an Alternative

Maine isn't normally considered a hotbed for emerging-technology entrepreneurialism. Yet that's where IntelliCare, a healthcare call center outsourcing company, started in 1997. By 1999, the company had put its Yankee pragmatism to work to create a distributed networking model for telephonic nursing driven by its own clinically based CRM application...

TECHNOLOGY SPECIAL REPORT

Home LANs over Power Lines - Take Two

More and more digital devices are being put in homes as a result of consumers doing such things as moving audio files from PCs to home entertainment systems. In response to the upswing in demand for networked services in the home, the HomePlug Powerline Alliance is moving to make the technology to connect those devices more readily available. Whil...

INDUSTRY ANALYSIS

A Consumer's Review of the General Public License

Last week, I examined the nuances of a marketplace for licenses and its relationship to a parallel marketplace for products that use those licenses. This time, for those readers who might actually be in the market for a license, let's review the one that gets the most ink -- the General Public License (GPL) There is no question that the GPL is an i...

EXCLUSIVE INTERVIEW

AlertSite's Mike Lucente on Web Site Performance Monitoring

At a time when the Internet represents a notable percentage of many organizations' revenue and market presence, it is becoming increasingly crucial for businesses to ensure their Web sites are performing well. Uptime is no longer enough. Today, organizations must make sure customers enjoy their online experience -- or run the risk of them visiting a competitor's site instead...

Oil Prices Near Record Highs Again

Oil prices flirted with record high levels again today as a fresh round of sabotage attacks in Iraq revived fears that supplies to the U.S. could be impacted. Crude oil prices soared as high as $41.90 during the day in New York trading before settling to $41.64 at the close, a seven-week high.

One Hacker Sentenced, Another Indicted

One prominent computer hacker has been sentenced and a suspected hacker was indicted in the past week, both of them saying their cyber exploits were designed to point out security deficiencies. Infamous hacker Adrian Lamo, 23, who was known as "the helpful hacker" because he reported his exploits to his victims, was sentenced Thursday in U.S. Dist...

NEWS BRIEF

Microsoft and Lindows Settle Trademark Case for $20 Million

Lindows.com and Microsoft today announced that the two companies have reached a worldwide settlement in the trademark-infringement cases between the two companies "This case was centered on the fundamentals of international trademark law and our necessary efforts to protect the Windows trademark against infringement," said Tom Burt, corporate vice ...

Apple Introduces Upgraded iPod

Apple today released its beefed-up, fourth generation iPod, the cigarette box-sized, 5.6 ounce, portable digital music player whose widespread popularity has punched up Apple's profits considerably in recent months The hot sales numbers for the device -- along with the latest generation's added features, such as longer battery time and up to 40-GB ...

Linux in Battle for Chinese Market

With Linux implementation in full swing in Europe, many analysts are now turning their attention toward growth in Asia, one of the largest markets yet to be dominated by a single vendor Andrew Chetham, an analyst in Gartner's Hong Kong office, told LinuxInsider that the market in China is especially hungry for technology. Despite government crackdo...

AMD Targets Mobile Market with Chip Rollout

Taking aim at one of the strong suits of rival Intel, AMD today released two new mobile processors, one meant to appeal to performance-hungry laptop users and one to target the tablet PC niche. AMD said new mobile computers sporting its Athlon 64 3400+ model chips will be available for the back-to-school computer shopping season from Epson Direct....

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