IBTimes.com : Tech - Industry

HP Buys Operating Systems; A Move Away From Windows?

Mon, 14 Jun 2010 17:00:51 EDT

By bringing aboard Palm and now HyperSpace, analysts say HP is developing its own operating system away from Windows

Fujitsu, Toshiba Play Down Merger Story

Fri, 11 Jun 2010 21:46:33 EDT

Both Fujitsu and Toshiba downplayed newspaper reports of impending merger of their mobile phone operations

EMC Touts Virtual Data

Fri, 11 Jun 2010 19:36:44 EDT

EMC says its VPLEX Metro is the first virtual data storage system that can move information between data centers across long distances.

Motorola, RIM End Licensing Dispute

Fri, 11 Jun 2010 14:32:01 EDT

Motorola and BlackBerry maker Research In Motion have reached a technology licensing agreement, ending all litigation

Dell allocates $100 million to cope with SEC investigation

Fri, 11 Jun 2010 09:53:35 EDT

Dell has allocated $100 million to cope with an SEC investigation of the company's dealings with Intel. The investigation started in 2005.

U.S. Industry Eyes Win in IT Trade Case vs. EU

Fri, 11 Jun 2010 00:48:02 EDT

U.S. technology companies hope a preliminary World Trade Organization ruling expected on Friday will persuade the European Union to drop tariffs on three products at the center of the dispute.

Tellabs: AT&T Not Leaving Us For Cisco

Thu, 10 Jun 2010 22:07:18 EDT

Tellabs chief financial officer Tim Wiggins expresses confidence that Tellabs will continue significant business with AT&T, despite reports to the contrary

Samsung: Our Screens Are Still Better

Thu, 10 Jun 2010 17:04:22 EDT

Samsung Electronics says the iPhone's display technology is not a competitive threat.

Apple Faces U.S. Antitrust Scrutiny

Thu, 10 Jun 2010 12:08:04 EDT

U.S. antitrust regulators plan to investigate whether Apple is unfairly restricting rivals such as Google from carrying ads on the iPhone, iPad and iPod, the Financial Times said.

SIA forecast expects chip sales to touch $290.5 bln in 2010

Thu, 10 Jun 2010 11:09:42 EDT

SIA said it now projects 6.3 percent growth in 2011 worldwide chip sales to $308.7 billion, followed by 2.9 percent growth in 2012 worldwide chip sales to $317.8 billion.

Suit Claims HP Stole Trade Secrets

Thu, 10 Jun 2010 00:56:01 EDT

Hewlett-Packard Co was sued on Wednesday by a New Jersey company that accused it of stealing and using its trade secrets to make replacement laser printer cartridges, and threatening its survival.

Xerox: ACS Buy A Positive

Wed, 09 Jun 2010 21:43:42 EDT

At a conference with investors, Xerox chief financial officer Lawrence Zimmerman gave a positive outlook on the company's ACS acquisition

Hitachi Still Expects to Win UK Train Deal

Wed, 09 Jun 2010 07:48:01 EDT

Japan's Hitachi Ltd <6501.T> said it still expects to win an order for a large train project in Britain, but it acknowledged that some modifications to the $11 billion deal were likely.

Sprint Says It Overstated EVO Launch Day Sales

Wed, 09 Jun 2010 06:48:02 EDT

Sprint Nextel Corp said on Tuesday it had inadvertently overstated the launch day sales of the much anticipated EVO 4G phone from HTC Corp, which is touted as a serious competitor to Apple's iPhone 4.

Texas Instruments Says Demand Strong

Tue, 08 Jun 2010 23:00:04 EDT

Texas Instruments Inc said second-quarter earnings and revenue would be at the high end of its previous estimates, citing strong broad-based demand for its chips, particularly from industrial customers.

TI: 2Q Earnings Look Good

Tue, 08 Jun 2010 20:48:01 EDT

Texas Instruments Inc said its second-quarter earnings and revenue would be at the high end of its previous estimates.

HTC Eyes Software With Abaxia Deal

Tue, 08 Jun 2010 20:16:22 EDT

By bringing aboard French-based software developer Abaxia, HTC has its sights set on expanding its software capabilities

Lockheed Martin gets $142 mln US army contract

Tue, 08 Jun 2010 13:40:52 EDT

Persistent Threat Detection Systems is a tethered aerostat-based system, capable of staying aloft for weeks at a time, which provides round-the-clock surveillance of broad areas. Lockheed Martin said it has developed a ruggedized, tactical handheld device for dismounted Soldiers.

Jobs Unveils iPhone 4

Mon, 07 Jun 2010 19:07:35 EDT

Steve Jobs announced the new iPhone will include an advertising feature that will pay for app development as well as improved video, OS

AT&T, Other Carriers Follow The Money

Sun, 06 Jun 2010 16:43:09 EDT

AT&T has received a lot of flak for its new data plans for smartphones. But like other carriers it is only going where the money is.

Cisco says it will create 3000 jobs, expand into new businesses

Fri, 04 Jun 2010 21:35:38 EDT

Cisco Systems Inc., the world's largest network equipment maker, said on Friday that it plans to create 3000 jobs in this quarter and the next to enlarge the workforce in its sales and new markets divisions.

Sprint Debuts 4G Phone

Fri, 04 Jun 2010 18:54:11 EDT

Sprint Nextel released the HTC EVO 4G, the nation's first 4G supported phone to the American public by making it available at various retail and online outlets.

Dell: Streak Isn't Going After iPad's Market

Thu, 03 Jun 2010 23:38:49 EDT

Dell says the Streak isn't supposed to replace either tablets or PCs, according to CEO Michael Dell, in remarks at a gathering of investors and analysts in New York.

Sonic Solutions sees "strategic sense" in $323 million DivX acquisition

Thu, 03 Jun 2010 23:35:00 EDT

Digital media software maker Sonic Solutions said on Wednesday that it saw "overwhelming strategic sense" in the $323 million acquisition of digital media firm DivX Inc.

DivX Buy Part of Larger Battle

Thu, 03 Jun 2010 23:13:14 EDT

The acquisition of DivX by Sonic Solutions is part of a larger battle over how people will watch - and more importantly pay for - video online.

Microsoft launches 'Windows Embedded Compact 7' for ARM-powered tablet devices

Thu, 03 Jun 2010 13:43:14 EDT

Microsoft yesterday launched its latest incarnation of Windows Embedded operating system aimed at tablet, media and portable PC's.

3D TV sales: no blockbuster here

Thu, 03 Jun 2010 12:15:58 EDT

Avatar may be one of the highest grossing movies of all time, but the prospect of seeing it in 3D at home isn't pushing sales of 3-D televisions.

HP plans 9000 job cuts to shed flab

Tue, 01 Jun 2010 15:05:44 EDT

Tight economic conditions have prompted the world's No.1 PC maker Hewlett-Packard (HP) to announce, Tuesday, that it would slash 3 percent of its workforce or cut 9000 jobs over the next three years.

HP to invest $1 billion in automating commercial data centers, cut jobs

Tue, 01 Jun 2010 15:03:29 EDT

World's No.1 PC maker Hewlett-Packard (HP) said, Tuesday, it will invest $1 billion to automate its commercial data centers and cut costs by slashing 3 percent of its workforce or 9000 jobs, in its bid to retain its lead over rivals like International Business Machines Corp (IBM) in tight economic conditions where companies scrimp on their IT spending.

Google completes $750 mln AdMob buy on FTC nod

Fri, 28 May 2010 11:37:51 EDT

Google Inc. tightened its grip over the digital advertising market by announcing, Thursday, it has completed the $750 million purchase of mobile advertising network AdMob.

Chronology: A spate of suicides at Foxconn

Thu, 27 May 2010 13:58:19 EDT

The spurt in suicides by Foxconn's employees at its Shenzhen facility in southern China highlight the plight of migrant workers in Asia's second biggest economy.

Microsoft dethroned as Apple becomes largest tech firm

Wed, 26 May 2010 21:47:06 EDT

Worshippers of the god in black turtleneck, jeans and tennis shoes, rejoice - Apple Inc. (AAPL) toppled software giant Microsoft Corp. (MSFT), Wednesday, to emerge as the world's biggest technology company in terms of market capitalization.

Foxconn suicides highlight misery of migrant workers in China: Analysts

Wed, 26 May 2010 18:10:31 EDT

The spurt in suicides by Foxconn's employees at its Shenzhen facility in southern China highlight the plight of migrant workers in Asia's second biggest economy, labor experts have claimed.

Apple, others cos. to probe Foxconn suicides, working conditions

Wed, 26 May 2010 17:20:48 EDT

World's biggest contract manufacturer of technology products, Foxconn, has come under intense scrutiny from its high-profile clients like Apple Inc. (AAPL), Dell Inc. (DELL) and Hewlett-Packard Co.

Foxconn suicide toll rises to nine, harsh work conditions criticized

Wed, 26 May 2010 15:22:17 EDT

The work conditions at Foxconn, which makes electronics and computer components on a contractual basis for leading computer and phone companies such as Apple Inc., Dell, Sony Corp. Hewlett-Packard and Nokia, have come under intense criticism after a factory worker plunged to his death on Tuesday in an incident being billed as a suicide.

Elizabeth Tse visits Beijing

Tue, 25 May 2010 18:21:45 EDT

Permanent Secretary for Commerce & Economic Development (Communications & Technology) Elizabeth Tse started a three-day visit to Beijing today to discuss information and communications technology, innovation and technology, creative industries, film and broadcasting on the Mainland.

IBM buys AT&T's B2B arm Sterling for $1.4 billion, pushes into software business

Mon, 24 May 2010 15:00:16 EDT

World's leading computer, technology and IT consulting giant International Business Machines Corp (IBM) said, Monday, it plans to buy the B2B (business-to-business) arm of AT&T Inc (T), Sterling Commerce, for $1.4 billion in an all-cash deal that is expected to close in the second half of 2010 subject to regulatory approvals.

HP expands laptop battery recalls by 54,000 due to fire hazard

Mon, 24 May 2010 12:08:14 EDT

World's No.1 PC maker Hewlett-Packard (HP) has announced that it is expanding a voluntary recall of laptop batteries that tend to overheat and catch fire by 54,000.

Key facts on Dell and HP

Thu, 20 May 2010 13:43:00 EDT

World's major PC makers Dell and HP announced strong quarterly results this week, showing 52 percent and 28 percent jump in net profit respectively.

Chronology: Recalls at Toyota

Wed, 19 May 2010 12:05:17 EDT

Toyota has announced plans to recall 4,500 Lexus models in Japan, the latest in a series of recalls since 2009.

HP Q2 net profit jumps 28 percent on strong sales, ups guidance

Tue, 18 May 2010 22:17:28 EDT

World's largest PC maker Hewlett-Packard announced strong Q2 results, Tuesday, posting 27.83 percent jump in net profit from $1.72 billion to $2.2 billion or $0.91 a share, driven by strong sales.

Samsung, Sony top execs. to meet on May 24, may expand business relationship

Mon, 17 May 2010 22:08:11 EDT

The top executives of Asian technology giants Samsung Electronics and Sony Corp. have scheduled a meeting on May 24 in Seoul, triggering speculations that they may explore avenues to expand their business relationship.

Smartphones eating into cellphone sales: Report

Mon, 17 May 2010 19:57:21 EDT

Smartphones are eating into the sales of traditional cellphones and the companies benefiting the most are Research in Motion (RIM) and Apple Inc. (AAPL), which grew sequentially in the first quarter of 2010, industry research firm iSuppli Corp. said in a report on Monday.

Beer, betrayal, a lost iPhone in Apple device tale

Sun, 16 May 2010 16:19:38 EDT

Fearing "huge" losses in sales after pictures leaked of its fourth-generation iPhone, Apple Inc convinced police to launch a felony investigation and Chief Executive Officer Steve Jobs contacted the offending Web site himself to try and recover the gadget.

SAP to buy Sybase for $5.8 bln

Fri, 14 May 2010 18:35:15 EDT

German software maker SAP AG, world’s fourth largest provider of database software, said it has agreed to buy Sybase Inc., for $5.8 billion in cash to expand its new opportunities and benefit from synergies across product lines and markets.

SAP hits jackpot with $5.8 bln Sybase deal, rival bids likely: Analysis

Fri, 14 May 2010 17:32:46 EDT

SAP AG's (SAP) proposed acquisition of California-based Sybase Inc (SY) for $5.8 billion allows the German software major to firm its presence in the growing mobile software market but it may face a tough challenge if rival suitors emerge from the shadows.

Tech industry launches M&A revival

Fri, 14 May 2010 16:56:58 EDT

Technology firms are kicking off a new wave of mergers and acquisitions as cash-rich makers of hardware, software and everything in between position themselves for economic recovery and reach into new markets.

Samsung to unveil chip spending plan Monday

Fri, 14 May 2010 13:57:52 EDT

Samsung Electronics, the world's largest memory chip maker, plans to unveil on Monday a much-awaited semiconductor investment plan, a source said, joining a growing list of firms raising spending on global economic recovery.

Special Report: Can that guy in Ironman 2 whip IBM in real life?

Thu, 13 May 2010 18:12:27 EDT

In the movie "Ironman 2," Larry Ellison makes a cameo appearance as a billionaire, playboy software magnate. It is a role he knows well. He is playing himself - chief executive of Oracle Corp, one of Silicon Valley's most enduring, successful and flamboyant figures.

IBM aims to double profit by 2015

Thu, 13 May 2010 10:10:51 EDT

IBM forecast roughly doubling its profit by 2015 as it pushes further into emerging markets and lucrative services and software businesses, sending its shares up over 4 percent and boosting investor confidence in the tech sector.