HP's recent Strategy Summit in San Francisco provided a coming-out party for the company's CEO Leo Apotheker before 350-plus IT industry analysts, and he wasted little time setting an agenda. Information, Apotheker said, represents the world's "most valuable commodity," reinforcing HP's plan's to su...
The private settlement of HP's lawsuit against Oracle over its hiring of Mark Hurd as co-president after weeks of public wrangling is welcome news to everyone but the corporate attorneys. Still, don't expect the two vendors to just pick up and resume their former close partnership. Their quarrel got...
In the mid-to-late 1980s, colleagues and friends were surprised when I transitioned from working as an on-camera investigative TV reporter to cover the then-fledgling high-technology industry for specialized trade magazines. After all, they reasoned, how could I be content covering semiconductors, m...
Since January, the high-technology industry has witnessed a dizzying spate of dueling vendor product announcements. So what else is new? It's standard operating procedure for vendors to regularly issue hyperbolic proclamations about their latest/greatest offering, even (or especially) when the annou...
After years spent battling obstruction of justice charges in an investigation of Credit Suisse First Boston, former investment banker Frank Quattrone is back with an investment firm of his own. Qatalyst Group, launched Monday by Quattrone and some former colleagues, is a technology-focused merchant ...
A $2.2 billion deal 3Com had been planning involving a private equity group and a Chinese telecommunications firm apparently fell apart Wednesday over security concerns. 3Com, a Marlborough, Mass.-based network equipment manufacturer, had agreed in September to accept an offer of $5.30 per share fro...
Cisco on Thursday unveiled a long-term plan meant to significantly expand its presence in China, saying it would spend as much as $16 billion -- nearly double the $8.5 billion it has spent in the past five years -- to build out the footprint it started there nearly 14 years ago. Cisco laid out a thr...
After a summertime lull, the private equity buyout trend returned to the tech sector Friday with networking systems maker 3Com agreeing to be bought by Bain Capital, with a minority stake going to China's largest networking company. Marlborough, Mass.-based 3Com -- which was at the forefront of the ...
Once-dominant modem maker U.S. Robotics has agreed to be acquired by a private equity firm that indicated it would make its deep pockets available for expansion and other purchases to help the company find growth again as Internet access technologies continue to evolve. Platinum Equity did not discl...
In a move to beef up its security for Voice over Internet Protocol (VoIP) offerings, 3Com today announced it has agreed to acquire publicly held TippingPoint Technologies, a network security products maker, for about US$430 million. 3Com will pay $47 cash per outstanding share of TippingPoint stock,...
Hard-to-visualize functionality, complex feature descriptions, an invisible presence in the network, and boring names, taken together, sum up why the enterprise Ethernet switching market does not get the attention it deserves. But Ethernet switching is a multibillion-dollar market that CIOs spend a ...
Cisco Systems has announced plans to move intelligent services from the center to the edge of networks by beefing up security features of its Cisco Catalyst switching portfolio. Switches are devices in networks that filter and forward packets of data between local area network segments. The enhan...
3Com Corp. (Nasdaq: COMS) was up 19/32 at 7 25/32 early Friday after the company announced better-than-expected results for the second fiscal quarter and said it plans to operate its carrier networks business as a separate subsidiary. The Santa Clara, California-based maker of networking equipment ...
When the Internet Advertising Bureau (IAB) released its "Internet Ad Revenue Report" earlier this week, the common misperception that "banners are dead" was shaken to its foundation
Good - It's entertaining and makes sporting events more interesting.
Bad - It increases the risk of gambling addiction and financial loss.
Neutral - The benefits and drawbacks are equally significant.
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