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NEWS BRIEF

Nintendo Splashing DS Lite Game Players With Color

Nintendo has announced that it will be tapping the rainbow to bring two new colors to its DS Lite line of gaming hardware. Onyx and Coral Pink will join Polar White as available colors for the company's DS Lite players starting September 13. "The new colors just add another element of fun, allowing...

Universal Music, Motricity Dial ‘30303’ for Mobile Content

Universal Music Group and mobile software developer Motricity have joined forces to create "30303," a new multimedia service that will allow users to access music, mastertones, photos and other content simply by texting artist-related keywords to 30303 from their cell phones. UMG will promote the 30...

Markets Slip on Trade Deficit, Dollar Worries

U.S. stocks retreated today as investors reacted to comments made by Federal Reserve chairman Alan Greenspan that suggested U.S. trade deficits could be putting the nation's economy at long-term risk. Major indices lost ground as surging oil prices and the weak dollar also kept markets in the red. A...

SBC, BellSouth To Acquire Yellowpages.com

SBC Communications and BellSouth today announced plans to acquire the online directory publisher Yellowpages.com. through the companies' Internet yellow pages joint venture. The deal, which could close as early as today, is expected to result in increased traffic for the Yellowpages.com Web site --...

Microsoft Earnings Beat Estimates

Microsoft late this afternoon reported quarterly revenue and earnings that topped the company's expectations. Crediting stronger-than-expected PC demand from consumers and businesses, the Redmond, Washington company said it earned US$2.9 billion, or 27 cents per share, on revenue of $9.19 billion fo...

Stocks Rise as Oil Dip Overcomes Earnings Blues

U.S. stocks posted gains today, with tech stocks especially strong, after a sharp drop in oil prices helped offset concern about the relative weakness of some key earnings announcements. Oil prices hit a new record high in early trading, breaking the US$55 level and apparently setting off a wave of ...

Computer Associates Reaches Deal To Acquire Netegrity

Computer Associates International today announced it has signed a definitive agreement to acquire Netegrity, a leading provider of security software solutions, in an all cash merger valued at approximately US$430 million, or $10.75 per common share. The value of the deal is approximately $340 millio...

Dow Slips on Oil Slick

Oil prices hit yet another record high today and once again helped send most U.S. stocks lower. Oil futures trading in New York hit a high of US$51.29 per barrel today, gaining more than $1, before easing slightly to close at $51.09. Oil futures trading in London also blew past previous record price...

BUSINESS BRIEF

Stocks Show Modest Gains as Ford Roars, Oil Soars

A bullish outlook for the third quarter and the rest of the year from Ford Motor Co. helped give stocks a lift to close out the week, but pressure from a spike in oil prices pared the gains. Ford said its financial services unit was largely responsible for the improved outlook, rather than boosted c...

NEWS BRIEF

Microsoft Sued by California Local Governments

Microsoft Corp has been sued by California cities and counties that are accusing the Redmond, Washington-based software giant of illegally charging inflated prices for its products as a result of a monopoly control it held on the personal computer operating systems market.

Operation WebSnare Tallies Over 100 Internet Criminals

The Justice Department announced Thursday that its "Operation WebSnare," has resulted in the arrest of more than 100 criminals in the past 3 months throughout the United States.

SP2 Conflicts Revealed by Microsoft

Some people are anxious to download and install the Service Pack 2 (SP2) update to the Microsoft XP operating system, but just as many others seem wary of the 80-MB security-focused package and foresee possible problems with it. For its part, after repeatedly warning of the potential for application...

Spitzer Sues Former NYSE Chief over Excessive Pay

New York Attorney General Eliot Spitzer sued Richard Grasso on Monday, seeking the return of millions of dollars the former head of the New York Stock Exchange is alleged to have received improperly. Spitzer also sued former chairman of the NYSE's compensation committee, Ken Langone, and said the pr...

Bush Focuses on Job Growth in Weekly Radio Address

The following is a transcript of the radio address of President Bush to the nation on Friday: THE PRESIDENT: "Good morning. This week brought further evidence that across America, more citizens are finding jobs. The Department of Labor reported state-by-state job results, and these figures show that...

EXCLUSIVE INTERVIEW

Webmetrics CEO Tim Drees on Performance Advantage

As the standard for e-business Web sites moves ever higher and online shoppers become increasingly demanding, Web site performance can make the difference between a sale and a lost customer. CEO Tim Drees, who founded privately held Webmetrics in 1999 to provide transaction monitoring services and h...

Microsoft and Sun Broker $2 Billion Truce

After years of legal wrangling, Sun Microsystems and Microsoft jointly announced that they have brokered a 10-year "technology collaboration" agreement, plus several related agreements -- including a settlement of all pending legal issues between them. As part of the deals, Microsoft will pay Sun $7...

UPS Hires SBC for WiFi Blitz

SBC Communications, one of the telecom industry's landline leaders, announced Tuesday its plans to roll out "FreedomLink" WiFi hotspot service at UPS Store locations throughout the United States. The announcement is the latest stage in the company's overall FreedomLink strategy, which promises to br...

EXCLUSIVE INTERVIEW

IT Forensics: From Black Art to Precision Science

Pasadena, California-based Guidance Software is perhaps the leading IT forensics software vendor, with the exception of the U.S. government. Jon Bair, Guidance's senior director of development, joined the company after years spent working as a U.S. Army investigator and developing the protocols and ...

SPECIAL REPORT

Hot on the Trail of IT Forensics

When most people think about IT forensics, if they think about it at all, they likely imagine a scenario out of the hit TV series CSI. "They make it seem like there's a button that says 'find evidence,'" Robert Shields of forensics software vendor Guidance told the E-Commerce Times. "The way they po...

Apple Delays Mini iPod’s European Debut

As a result of stellar sales in the United States, Apple Computer has disappointed European consumers jonesing to get hold of the new iPod Mini. After originally setting an April launch date for the candy-colored portable jukebox, Apple said the iPod Mini will not become available in Europe until Ju...

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