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Like many entrepreneurs, Eliphalet Remington II thought that he could produce something better. So in 1816 he turned to his father's forge at Ilion Gulch, New York and began working on a better rifle. At that time he wasn't worried about supply chains or customer-relationship management. But almost 200 years later, his one-man startup is Remington Arms Company, a US$360 million enterprise selling firearms and other products in over 60 countries.
Everyone is talking about open source, even presenters at BIO 2004, the international biotechnology conference recently held in San Francisco. As the argument goes, if open-source software can be developed in centralized communities of interested parties less expensively than proprietary software, can a decentralized community of interested parties also develop less expensive drugs?...
Microsoft's business division today announced a new version of Great Plains, a financial management software package. According to the company, the new version of Great Plains, now in version 8.0, offers improved usability and functionality for distribution, manufacturing and project accounting Microsoft also claims the new version will integrate m...
About three weeks ago, Oracle issued a security alert describing multiple SQL injection vulnerabilities in its E-Business Suite 11i and Applications 11.0. The alert carried the company's highest severity rating, which it associates with a flaw that is "high risk and requires little specialized knowledge to exploit." The alert also warned that any ...
MTI MicroFuel Cells, a developer of miniaturized fuel cells for handheld electronics, today introduced a technology based on direct methanol fuel cell (DMFC) technology. According to the company, the new technology, called Mobion, represents several scientific breakthroughs that the company believes will ultimately enable it to power portable devi...
As Wimbledon gets underway, those who did not get a seat for the matches will not have to miss a single swing. IBM has implemented a Linux-based system to power the Web technologies that will be accessed by tennis fans who want to follow the action online IBM installed Linux-powered Tivoli Intelligent ThinkDynamic Orchestrator to handle Web site tr...
A 62-year-old pilot flew a craft 62 miles from Earth to the edge of space, becoming the world's first privately backed, civilian astronaut and edging a team funded by Microsoft billionaire Paul Allen closer to the X Prize, the cup of the modern space race Pilot Mike Melvill's flight to suborbital space and safely back to the ground marks perhaps th...
IBM computers and Intel processors run the bulk of the world's 500 most powerful supercomputers, according to an annual ranking, which also found the performance of the top machines increasing quickly. IBM extended its lead in the latest top-500 list and can now claim ties to 44.8 percent of the systems and just over half of the total computing po...
Every few years we have to take a deep breath and get ready for change, especially now as the personal computer industry will be adjusting to accommodate the technology changes that have defined it for the last several decades. We are entering another period of massive changes, which will be hitting several technologies and platforms with broad im...
Crime is turning from a blue-collar to a white-collar profession. Rather than taking out guns and robbing convenience stores, criminals are performing "virtual robberies" where they use computer technology to steal a person's identity. From a criminal perspective, these crimes are simple to commit, they carry lighter sentences and they can be more lucrative than armed robberies...
This week, Red Hat seems to have weathered every senior executive's nightmare: The CFO resigns just days before the company is to report its financial results. What do you do? Red Hat prereleased enough good news in advance of its earnings call to calm down fears of possible scandal or bad numbers, and after yesterday's evening call, investors see...
Cisco Systems is to acquire the assets of Procket Networks in a cash deal valued at US$89 million. Procket Networks was a start-up that raised US$272 million in venture capital thanks to its development of routers it claimed could offer 30 percent to 65 percent savings over more traditional ones Cisco Systems said that it was not purchasing the ent...
Privately owned EmergeCore Networks announced Thursday that it is shipping a CRM upgrade for its "IT in a Box IT-100" network appliance. The upgrade is free for existing owners of the IT 100, while new purchasers of the IT 100 or future IT in a Box models will also get the CRM software gratis. About the size and shape of a laptop turned on its edg...
After failing to cut into the deluge of spam sent to Internet users with the Can-Spam Act, the U.S. government might now be aiming legislation at spyware -- silent software programs that identify and often track users and their online behaviors -- with bills in the House and Senate A bill from Mary Bono (R-California) and Ed Towns (D-New York) that...
Allegedly, Nokia has given funds to the Mozilla Foundation to develop a browser that can run on small devices such as mobile phones and PDAs. The project, named Minimo, already has a workable prototype Both Mozilla and Nokia have declined to comment on the funding agreement, but Nokia has noted that it has considered a variety of options in the bro...
The deficit in the broadest measure of overseas trade tracked by the U.S. government grew to record levels in the first quarter as increased demand for foreign goods by American consumers far outstripped an increase in goods being exported The deficit on goods and services increased to an all-time high of US$144.9 billion in the first quarter from ...
Intel, the world's largest chip maker and Proxim, a major wireless networking equipment maker, said on Thursday they will join hands in delivering WiMAX solutions for fixed and portable broadband wireless access Intel said the agreement includes the development of base station and subscriber unit access points that deliver fast wireless access for ...
Last week brought some good news for those who wondered if the Bush administration would ever act to clean up the nation's telecom mess. The Bush administration has finally taken its first real step toward its goal of ubiquitous broadband U.S. Solicitor General Theodore Olson, who represents the federal government in cases before the supreme court,...
Oil prices headed higher again Thursday after more violence broke out in Iraq. U.S. stocks remained in a muddle as business forecasts and inflation concerns converged Crude oil futures sold on the New York Mercantile Exchange spiked more than a dollar to US$38.46 after news hit of a bombing attack in downtown Baghdad, ending a two-week period of ea...
This week, a Paris conference on Internet hate sites and the fight against online racism is drawing attention to what European officials call a "growing problem" in the form of hate speech and racist propaganda on the Web Although there is agreement that the Internet industry -- ISPs, Web hosts and others -- has made strides in working with law enf...

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