Computer security software firm McAfee has agreed to pay a US$50 million fine to the Securities and Exchange Commission (SEC) in order to settle charges that it pumped up revenue and earnings during the dot-com craze. The fine will help McAfee settle charges that it exaggerated both sales and earnin...
Cisco Systems today announced plans to buy privately held Protego Networks, part of a year-long acquisition spree aimed at rounding out Cisco's network security offerings. Cisco said it would pay US$65 million in cash for Protego, which was founded in 2002 by two former Cisco executives and makes se...
Merger mania found its way back into the software space today, with security firm Symantec saying it would pay US$13.5 billion to acquire Veritas Software. The deal creates the fourth-largest software firm in the world and with Veritas' storage software and Symantec's strength in security, creates a...
With their bottom lines and corporate reputations at risk, many security professionals, tired of only being able to react to viruses, worms and compromised network performance are looking for ways to prevent degradation and infection. DeepNines Technologies has developed a scalable, platform-indepen...
The chief executive of Network Associates quashed speculation Tuesday that his company is in talks to be acquired by Microsoft, cutting into earlier gains made by the stock, which still managed to close up nearly 4 percent. Shares in the Santa Clara, California-based company ended off their best lev...
Oil prices dropped for the second straight day on news that inventories grew more than expected, while good earnings news helped lift U.S. stocks higher Wednesday. Crude oil prices fell after a U.S. report showed higher-than-expected inventory levels on hand heading into the peak of the summer vacat...
Although companies are tightening the security of Windows-based servers, they face some unknown risks when corporate data takes to the streets on mobile devices such as PDAs, notebook computers and USB memory drives. Many are finding that sound policy is their greatest weapon against data loss. "A p...
Computer security experts thought the impact of MyDoom would fade on February 12th, as the program reportedly was designed to terminate itself on that date. Instead, MyDoom's creators are suspected of masterminding a new malware attack that started Monday. The new worm, Doomjuice, landed on every co...
Microsoft's recent purchase of antivirus firm GeCAD Software has sparked a torrent of speculation about the company's intentions in the security arena. Established antivirus firms, such as Symantec and Network Associates, were quick to downplay the competitive threat posed by Microsoft, and some obs...
Spurred by fears of "hostile environment" employee lawsuits and concerned about lost productivity hours, companies increasingly are turning to anti-spam technologies to eliminate -- or at least reduce the volume of -- unsoliticated e-mail. Several spam-fighting software firms have seen measurable fi...
On paper, Symantec appears to be one of the hottest tech companies around. Propelled in part by users' need to defend against a rash of destructive and well-publicized computer worms like Code Red, Nimda and SirCam, its stock price has jumped 70 percent in the past year. Nonetheless, leading industr...
Many technology companies thought 2001 was a tough year, but compared with today's devalued Dow and spooked investors, last year may turn out to be a fond memory. However, according to some analysts there are still a few tech companies that are good bets for the future. "You have to look at the b...
Network Associates shares tumbled more than 20 percent to $19 as the security company withdrew its $224 million offer to purchase the 25 percent of McAfee.com it does not already own. The company tabled the offer, which it made in early April, after a check of its books during a tax filing found ...
V-ONE Corp. (Nasdaq: VONE), a security software solutions provider, announced this week that the release of its new Instant Extranet Server (IXS) product will ship with version 6.0 of the Linux operating system (OS) distribution from Red Hat (Nasdaq: RHAT)
Ban
Regulate
Maintain status quo
Undecided
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