Uncategorized

Making its third software acquisition in a week, IBM said Thursday it would buy enterprise content management provider FileNet for US$1.6 billion in cash. Big Blue said it would use the FileNet technology to round out its "Information on Demand" efforts, which it launched earlier this year. The move...

Last week, Maryland police arrested two teenagers for the theft of a laptop and hard drive loaded with sensitive data for millions of veterans and military personnel. The equipment contained the names, Social Security numbers and birth dates of millions of up to 26.5 million veterans discharged sin...

Sprint Nextel plans to invest up to US$3 billion over the next two years to build a fourth-generation wireless network based on the WiMax wireless broadband standard, the company announced Tuesday. Sprint believes that by embracing the emerging WiMax standard, it can be the first to market with an u...

While returning to school may only be a fleeting thought for most students at this time of year, it's top of mind for the folks charged with keeping university networks free from a host of electronic nasties. "Fall is definitely the worst time for viruses and things wrong with computers on the netwo...

AOL has apologized for inadvertently posting on the Internet search data of 658,000 AOL members that used the proprietary software to conduct searches over a three month period. The data, which has since been taken down, had been collected for academic researchers and did not directly connect search...

Making a bid for a greater share of the digital music space, mobile phone giant Nokia said Tuesday it had reached an agreement to buy music distributor Loudeye in a deal worth US$60 million. Finland-based Nokia said it would pay $4.50 per share for Loudeye, more than twice what the stock was worth a...

In the Web search world at least, the rich may continue to get richer. Google said late Monday it had signed a US$900 million deal to become the exclusive search provider for social networking giant MySpace.com and other Web properties owned by media mogul Rupert Murdoch, beating out its major riva...

In a market where most registrars have positioned themselves as full-service hosting firms, BulkRegister kept focusing on its original business model. The competitive advantage that it enjoyed by undercutting prices during its growth spurt in 2000 has been neutralized by the evolving business pract...

For technology dependent companies, risk comes in many forms. While the traditional information security risks are often the first that spring to mind, businesses with extensive collections of software face additional risks, especially when those applications become numerous. Guy Hoffman, chief exec...

Google said it has no intention of entering the digital music space, squelching mounting speculation that it would use its role as a search player to become a competitor to Apple's iTunes Music Store and other music download offerings. With numerous initiatives feeding rumors that it would enter the...

Moving to further assert its role as a distributor of video on the Web, Google said Monday it had reached an agreement to deliver video clips and shows from Viacom's MTV Networks to users, along with video advertising. Google and MTV Networks described the partnership as a test of "an innovative vid...

The moves by the federal government to regulate social networking sites -- like MySpace.com and others -- may cause venture investors to look overseas, and lead to a drop in early stage investments among such sites in the U.S. The House of Representatives last month passed a bill, called the Deleti...

Apple said it has discovered additional irregularities in the past granting of employee stock options and as a result will likely be forced to restate some past earnings, including those as recent as the second quarter of this year. The move and the resulting restatement will delay Apple's formal qu...

Philips Electronics said Thursday it had reached an agreement to sell a majority stake in its semiconductor business to a group of private equity firms for US$4.4 billion. Philips said the sale would enable it to focus on its core business of producing consumer and industrial electronics devices. Ko...

There's no doubt about it, starting a business is no easy task. One of the first hurdles that you have to overcome is obtaining the necessary capital to get your company to the cash-flowing stage. Why are many lenders and investors so difficult to convince when it comes to obtaining loans or capita...