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Greenspan Comments Renew Rate Hike Worries

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 ...

Markets Come to Life on Oil, Economic News

Shaking off summer doldrums, the stock market came back to life Monday as falling oil prices and upbeat economic data from overseas provided reason for optimism ...

HP Will Power 5,300 7-Elevens

HP has landed a US$55 million contract with 7-Eleven for deploying HP technology at 5,300 U.S. 7-Eleven locations. The five-year rollout schedule comprises more than 5,000 technology packages and on-site installations. HP's customer-support organization will deploy the technology and will provide support services for the products, including servers, storage, networks and printing devices...

Intel Dampens Markets Despite Strong Jobs Numbers

Wall Street tried to put on a happy face Friday -- with some investors buoyed by a stronger jobs creation number for August -- but pessimism won out in the last session before the long Labor Day weekend ...

Gartner: Worldwide Mobile Phone Sales Grow 35 Percent

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 ...

Quark Targeting Europe, Beefing Up Customer Relations

Software developer Quark has made moves recently to improve its customer relations and to increase its focus on the European market ...

Jeffrey Nick, EMC’s New Chief Technology Officer

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 services ...

Stocks Soar Before Intel Lowers Guidance

Wall Street investors were in a buying mood Thursday ahead of two closely watched reports expected to give insight into the health of the economy ...

BlueLinx Files for IPO

BlueLinx Holdings has filed with the Securities and Exchange Commission a registration statement on Form S-1 for an IPO. BlueLinx intends to list on the New York Stock Exchange under the ticker symbol BXC ...

NEWS BRIEF

Red Hat Names Charlie Peters CFO

Red Hat today announced the appointment of Charles E. Peters, Jr. as executive vice president and chief financial officer ...

NEWS BRIEF

Nokia Ships One Million N-Gage Game Decks

Nokia announced that it has shipped its one millionth game deck globally since the sales of the N-Gage platform started eleven months ago. According to Nokia, the sale of one million N-Gage and N-Gage QD game decks marks a significant milestone in the world of portable gaming ...

Report: Linux Will Enjoy Double-Digit Growth

A new Yankee Group survey shows only 4 percent of Unix users and 10 percent of Windows users have any desire to switch platforms ...

Best Buy Pursues Electronic Product Code Supply Chain

Best Buy has announced the rollout of an electronic product code (EPC) strategy designed to increase its supply chain efficiency over the next several years ...

NEWS BRIEF

Blu-ray Adds Microsoft’s VC-1 Codec

The Blu-ray Disc Association and Microsoft have agreed to include the VC-1 advanced compression video codec, the proposed SMPTE standard based on Windows Media 9, as a mandatory codec in Blu-ray Disc's BD-ROM specification for video playback equipment ...

NEWS BRIEF

Skype Beta Version Released for Mac OS X

Skype Technologies today launched the beta version of Skype for Mac OS X. The software can be downloaded for free and is available immediately ...

Free Internet Telephony Now Available for the Mac

Skype Technologies today launched the beta version of Skype for Mac OS X. The software can be downloaded for free and is available immediately ...

Consumer Confidence Dips, Stocks Hold Steady

Consumer confidence took a hit in July as a sharp drop in job growth made consumers less optimistic about the prospects for the economy ...

Veritas Buys KVault Software

Veritas has entered into an agreement to acquire KVault Software (KVS), a provider of e-mail archiving software, in an all-cash transaction valued at US$225 million ...

NEWS BRIEF

Opera Browser Goes Mobile

Opera Software announced that its Opera smartphone browser will soon become available for Microsoft Windows Mobile software ...

Intel Builds New Chips with 65 Nanometer Process Technology

Pushing the number of transistors it can cram onto silicon, chip giant Intel announced a step forward in its advance to the 65-nanometer manufacturing process, a move toward further miniaturization to boost chip efficiency and performance ...

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