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Overhyped expectations caused shares of VMware, makers of desktop and server virtualization software, to plummet after the company announced fourth-quarter earnings that failed to meet investor expectations The stock's freefall, which wasn't entirely unexpected, also threatened to hurt its parent company, EMC, which offers software and service solu...
Cisco Systems released a new data center switching technology designed to make it easier for IT network managers to create a centralized data storage center The Cisco Nexus 7000 Series is part of Cisco's Data Center 3.0 vision, which reverses the previous client-server side architecture that many data centers were using. The move comes in response ...
Sprint Nextel announced the layoffs of three top executives on Thursday, continuing the company's restructuring as it attempts to bolster its sagging financial situation The three executives -- Chief Financial Officer Paul Saleh, Chief Marketing Officer Tim Kelley and Mark Angelino, president of sales and distribution -- will leave the company on F...
One year after a proof-of-concept hack for pharming wireless routers hit the Internet, network security company Symantec issued a warning that more attacks are on the way The new attack -- which targets wireless routers -- is similar to other pharming hacks in that it reroutes the domain name system (DNS) server used by any device that connects to ...
One year after Microsoft's Vista operating system came to market, the company announced a change to its end-user licensing agreement, now allowing users to run the Vista Home Basic and Home Premium editions in a virtual environment ...
Broadband television provider Revision3 has launched "The Digg Reel," a show dedicated to user-generated content Digg, a social networking Web site where users share and submit content, will take the top-rated user-submitted videos and produce a weekly show, which will be hosted by Jessica Corbin. The program, posted each Wednesday, will also inclu...
Royal Philips Electronics strengthened its lighting and energy business while tapping into emerging world markets to offset big losses in the United States, according to its fourth-quarter earnings report released on Monday ...
Microsoft has opened up its usability specifications, the User Interface Automation (UIA), to the Accessibility Interoperability Alliance (AIA), a group formed to develop standards for making user interfaces more accessible to people with disabilities The 2,600-page specification document, which was released royalty-free, marks the first significan...
Sun Microsystems has announced plans to acquireSQL, maker of the popular MySQL database system, for US$1 billion Sun -- long a proponent and developer of open source systems -- agreed to pay $800 million in cash and assume liability for $200 million in stock options. The deal likely won't be completed until the end of the fiscal year. During the tr...
Applied Materials announced plans to reduce its workforce by 1,000 as part of a global cost-cutting move The company, one of the largest suppliers of semiconductor equipment, said the year-long reductions would come through job elimination and attrition. It will take a US$20 million charge for the reductions but expects an annualized savings of $15...
A government Web site meant to aid travelers in removing their names from the Do Not Fly list inadvertently exposed thousands of personal data files to malicious hackers, according to a congressional report released on Friday The House Committee on Oversight and Government Reform released areport on Friday that detailed serious flaws in the archite...
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