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NetSolve, a security and infrastructure applications developer, has signed an agreement with Cisco under which Cisco will acquire NetSolve for a purchase price of US$11.00 per share in cash. "Our board has concluded this is a fair transaction for our stockholders and will be recommending its approva...

A federal judge has written the latest -- but probably not the last -- chapter in the epic business and legal struggle between Oracle and PeopleSoft, ruling that government regulators failed to prove Oracle's proposed takeover would be harmful to competition. The decision hands Oracle a huge victory...

All executives of public companies know of the Sarbanes-Oxley Act (SOX), which was signed into law on July 30, 2002. Many owners of small businesses planning an IPO certainly are aware of it, and some dread it. In fact, there are owners of small-cap companies who have withdrawn their IPO application...

Oracle has prevailed in a lawsuit filed by the Department of Justice seeking to block its proposed acquisition of PeopleSoft. The decision, even though it can be appealed, removes a significant roadblock to the acquisition. "This decision puts the onus squarely on the board of PeopleSoft to meet wit...

A leading technology industry association lashed out at a recently implemented federal government program that seeks to rein in information technology costs by requiring additional reviews before contracts can be modified. The Information Technology Association of America (ITAA) said the program, an...

One of the areas that is increasingly becoming of concern to online retailers is a state's power to regulate e-commerce through enforcing that particular state's regulation of certain offline business activities. A recent case in point is Powers v. Harris, where the Court of Appeals upheld the const...

Federal Reserve Chairman Alan Greenspan gave a mostly upbeat message to Congress about the state of the U.S. economy on Wednesday, but the positive prognosis was not enough to rally stocks. While some investors focused on the likelihood of more interest rate hikes, others might have been wondering h...

With good momentum already in the United States and worldwide, a new report from In-Stat/MDR suggests that mobile gaming, while remaining a niche market, will continue its rise as a key contributor to wireless data usage and revenues. The research firm estimates that by 2009, mobile gaming services ...

The state of California has dropped a criminal investigation into the company that sold it electronic voting machines but instead will join an existing lawsuit charging that the company made false claims about the reliability of the machines. California Attorney General Bill Lockyer said he would si...

Is your corporate image sending messages of love, hate, profanity or sobriety? No matter how and where you travel, with or without your products or your corporate image, the chances are that a lot of your marketing messages are getting lost in translation as they make their way around the globe. Bus...

Intel today disclosed key technical details of its upcoming wireless broadband chip for WiMax products, which will enable long-distance, high-speed wireless Internet access for homes and businesses. The upcoming wireless component, code named "Rosedale," is expected to be the first "system-on-a-chip...

Eyeing a million-dollar prize, a mathematician claims to have made progress in solving a 150-year-old riddle. The solution to the problem could render secure payments and other sensitive Internet transactions vulnerable. A Purdue University professor has begun to publish what he claims is a proof of...

Worldwide mobile phone sales surpassed 156.4 million units in the second quarter of 2004, a 35 percent increase from the second quarter of 2003, according to Gartner. Gartner analysts said all regions experienced healthy sales of mobile phones in the second quarter. "In mature markets, such as Weste...

Software developer Quark has made moves recently to improve its customer relations and to increase its focus on the European market. "From the inside out, we're reassessing the way we do business and the quality and effectiveness of the solutions we develop to help our customers," Quark CEO Kamar Au...

EMC, an information-management vendor, appointed Jeffrey M. Nick to the position of senior vice president and CTO. Nick will assume a role in the direction of EMC's technology strategy and in the evolution and advancement of EMC's information-management capabilities, related platforms, software and ...