Posts under ‘Industry News’

Oracle to buy Sun for $7.4 Billion

Over the past 13 years, Sun Microsystems’ Java language has become one of the computer industry’s best known brands—and underappreciated assets.
The tension wasn’t lost on Sun’s new owner, Oracle, which on Apr. 20 said it will purchase Silicon Valley pioneer Sun for $7.4 billion in cash. If Oracle has its way, which they most likely will, [...]

IBM in Discussions with Sun for Possible Buyout

Sun Microsystems, Inc. is reported to be in negotiations for a possible $6.5 billion sale to IBM, a deal that would shake up the global tech industry and spell the end of an esteemed but now-struggling Silicon Valley pioneer.
The talks were reported this morning by the Wall Street Journal, which cited unnamed sources familiar with the [...]

New Study: Antivirus Software Misses 15% of Malware

Security company Damballa reported that about 3 to 5 percent of all systems in an enterprise network are infected with bot-related malware — even within organizations running up-to-date anti-malware tools.
Damballa protects businesses from targeted attacks used for organized, online crime. Their global approach rapidly isolates the command-and-control needed to launch multi-network attacks.
Antivirus software discovered only [...]

No Change in Steve Jobs’ Return to Apple

Apple, Inc. co-founder and CEO Steve Jobs still expects to return from his medical leave of absence at the end of June, according to an Apple director who responded to an investor at the company’s annual shareholder meeting Wednesday.
The investor - who was the only one to ask for details on Jobs’ health - had [...]

Online Gamers Remain Top Malware Target

The Internet has always had its share of malware, spyware, viruses and many other malicious tools created by the many darksiders that roam the free-Web. What’s the most common type of malware on the Internet you ask? Well, it’s not Viruses or even Botnet code. Maybe password-stealing worms designed to victimize online gamers?
Microsoft said Thursday it [...]

HP Posts Negative Q1 Earnings, Sour Outlook

Hewlett-Packard reported a dismal quarterly profit that dropped 13 percent while sales increased by  just 1 percent as even the Palo Alto tech company’s profitable printer ink business was shaken by a devastating time in the economy.
HP shares fell $2.03, or 6 percent, to $32.05 in extended hours trading, after closing down 26 cents during the regular trading [...]

Sun CEO Praises JavaFX Platform

JavaFX is the fastest growing RIA platform on the market; JavaFX Mobile to launch next week

Sun Microsystems CEO Jonathan Schwartz announced that Sun’s new RIA platform, JavaFX, has shipped over 100,000,000 runtimes in just over a year making it the fastest growing RIA platform on the market. Pretty impressive numbers.
In his blog, Schwartz wrote that [...]

Intel Will Invest $7 billion for 32nm Chips

Intel President and CEO Paul Otellini announced today that Intel will spend $7 billion over the next two years to build advanced manufacturing facilities in the United States for deployment of their 32 nanometer (nm) manufacturing technology that will be used to build faster, smaller chips that consume less energy.
The next-generation 32-nanometer chip process is [...]

Amazon Kindle 2 Official Pictures, Pricing & Details

New Amazon Kindle 2 is one sexy looking e-reader, if you’re into that.

Following in the footsteps of their highly successful Kindle e-book reader, Amazon has officially released the second generation of their new portable ebook reader, the Kindle 2. Although it won’t ship until February 24th, we have all the details.
According to TechCrunch, the first Kindle [...]

U.S. Senate Reduces Broadband Tax Breaks

Broadband Tax Incentives lowered for Next-Gen High-Speed Networks

One of the proposals in the new economic stimulus package moving through democrats and republicans is building next-generation broadband infrastructure for all corners of the country particularly those that still use slow dial-up methods.
In addition to getting your daily dose of YouTube over high-speed fiber networks, Congress is [...]