A batch of positive earnings reports and good economic indicators finally had the expected result on Wall Street today as stocks turned in a strong performance. The Dow fell just shy of a triple-digit gain, climbing 92.95 points, or 0.90 percent, to 10,461.56. The Nasdaq had a more measured gain, ri...
As more corporate users add instant messaging to their arsenal of communications tools, IT and security experts face the challenge of managing, securing and archiving this data. More than one-quarter of the 4,510 people polled use instant messaging in the office, according to a survey conducted over...
Telephone service provider Alltel has finalized a deal to buy fellow niche carrier Western Wireless for US$4.4 billion in cash and stock as the merger activity in the wireless field moves into the regional space. As part of the deal, Alltel will take on about $1.5 billion in debt that Western Wirele...
A spate of mergers and good consumer demographics have the wireless industry poised for a strong 2005, with brokerage house Merrill Lynch the latest to weigh in with a more bullish outlook on the sector. From improved outlooks for subscriber growth to next-generation broadband and emerging markets s...
U.S. stocks were hit hard out of the gate today by a spike in oil prices, but recovered late in the session after oil prices dipped. The Dow wiped out nearly all of its early losses, posting a dip of 4.79 points for the day to 10,077.18, after being down more than 65 points in morning trading. The N...
The California Assembly has approved a bill that would require employers to warn their employees if they plan to monitor workplace e-mail and Internet activities. SB 1841 -- an act to add Section 436 to the Labor Code, relating to electronic monitoring of employees -- has created a debate that pits ...
HP has confirmed that it is planning to acquire UK services firm Synstar in a deal believed to be valued at around US$160 million.
Investors who want to own a piece of Google likely will have to dig deep into their pockets considering the share-price range of US$108 to $135 the company set today for its upcoming initial public offering. At the expected prices and with some 24.6 million shares up for grabs, the offering would be...
Stocks ended Monday mixed, with the Dow posting meager gains. Even the Midas touch of Google -- which announced it would seek listing on the Nasdaq when it goes public later this year -- was unable to lift the tech-heavy index out of the red. Hurting the Nasdaq was a downgrade of the chip sector by ...
Once upon a time, every twist and turn in the Internet saga brought fresh speculation as to which promising young company Cisco Systems would sweep off its feet next in its relentless bid to conquer e-commerce. However, the steady flow of flashy young startups has dried up. Perhaps we've entered the...
Here's a day in the upside-down life of a CIO: She takes a phone call from a pollster and tells him she's not planning any new technology buys. Later, near the end of the day, she tells her staff to enter an order for a bunch of Gigabit Ethernet cards. We've entered an age of tech buying in the abse...
First-quarter PC sales figures from Gartner and IDC suggest the market grew just 4 percent compared with the year-ago period -- nowhere near the double-digit gains of the go-go 1990s. As many IT shops refrain from buying new PCs, tech giants are feeling the heat. Not all companies are sweating, howe...
Intel faces a tough environment, marked by renewed competition from rivals AMD and Transmeta, sluggish sales of PCs, and skyrocketing Pentium speeds for which no mortal can find a use. With the tech world focused on buying less costly gear, is the world's foremost chipmaker in the twilight of its re...
As a CIO or IT manager tasked with implementing a storage area network, you can start out simply -- but to build a reliable SAN and integrate it properly with the workflow of an entire enterprise network, be prepared to do a lot of planning and hard work. What are the highest data storage hurdles --...
Despite a lack of promotion and low to zero name recognition, it is becoming clear that vendors of white-box (unbranded) machines are an important part of the personal computer ecosystem. In fact, IDC has estimated that last year, about 31 percent of the 35 million desktop PCs sold in the United Sta...
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