Stories by George Chidi

Compaq Lowers Q4 Earnings Estimate

Compaq Computer announced Tuesday that its revenue in the fourth quarter will be 8 to 10 per cent below market expectations and earnings will be eight cents per share below analysts' consensus predictions. The company issued the profit warning after the close of the New York Stock Exchange.

Sun to release Java 2 for PalmOS

Sun Microsystems announced on Tuesday that it will ship a developer release of Java 2 Platform, Micro Edition (J2ME) and the Mobile Information Device (MID) profile for the operating system of personal digital assistant (PDA) maker Palm.

MarchFirst lays off 1000, puts off guidance call

Struggling Internet professional services firm MarchFirst decimated the ranks of its workforce in an effort to cut costs, announcing around 1000 lay-offs earlier this week.

Microsoft downplays impact of hack

The figurative klaxon alarms wailing in Redmond have died down to a low chime as investigators narrow their focus on what a hacker might have compromised inside Microsoft's internal network.

Online file sharing to cost music, book industry billions

Internet market analysts to publishers: weep. The music and book publishing industry stands to lose billions in revenue from online file sharing, according to a recent Forrester Research report, which said that there's little anyone can do about that. Digital rights management (DRM) - technology for encrypting and watermarking files to impede unauthorised transmission - won't work, said Eric Scheirer, Forrester's music industry analyst.

Off-the-Shelf Chip Offers Wireless Net Connects

A chip designed to make it easier for devices to connect to the Internet has been developed by Israeli chip design and manufacturer Connect One Semiconductors, the company said last week.

IBM, CA team to put Linux suite on S/390

Continuing its bid to promote Linux servers, IBM announced that it has new hardware and software enhancements for its S/390 enterprise servers and a revised price plan.

Global PC shipments grew 18 per cent in Q2

Shipment growth of personal computers in Europe and the US was stagnate in the second quarter compared to other regions, according to market research figures released Monday.

Rambus offers first DRAM to break 1GHz

Rambus has announced a design breakthrough that allows dynamic random access memory (DRAM) chips to transfer data at speeds higher than 1GHz.