Stories about: Morgan Stanley Dean Witter

Cash machines froze. Airlines and hospitals dusted off paper forms to schedule reservations and track patients. This was the scene on Jan. 25, 2003, shortly after the Slammer worm appeared and quickly began spreading around the world, flooding computer networks with worm-generated traffic and knocking vital database servers offline.

Oracle Corp. has appointed a seasoned Morgan Stanley Dean Witter & Co. software industry analyst as its new executive vice president in the office of the chief executive officer (CEO), reporting directly to company chairman and CEO Larry Ellison.

A US-based credit card transaction processing company last week confirmed that millions of card numbers were stolen recently when someone hacked into its computers. But it defended itself by saying the culprits may not have obtained any useful information.

The results of two user surveys conducted by financial analyst firms agree: IT spending growth next year will be modest at best.

Internet Photonics last week announced the closing of its third round of venture financing to the value of US$31 million from two new investors as well as existing participants.

Covalent Technologies, which sells software that sits on top of the popular free Apache Web server, announced a new version of its product that allows developers to use Microsoft's .Net programming tools to write Web applications that run on Apache.

Covalent Technologies, which sells software that sits on top of the popular free Apache Web server, announced Wednesday a new version of its product that allows developers to use Microsoft Corp.'s .Net programming tools to write Web applications that run on Apache.

The exodus began in December. Bruce Moulton, vice president of infrastructure risk management at Fidelity Investments in Boston, was let go. That same month, Steve Katz, chief security and privacy officer at Merrill Lynch & Co. in New York, accepted a buyout. And in April, shortly after his face appeared on the cover of CIO magazine, Michael Young, chief information security officer and principal privacy officer at State Street Global Advisors in Boston, lost his job in a company reshuffle.

Dell Computer Corp. last Friday acquired Plural Inc. to boost its services businesses in its second acquisition.

The Linux operating system is not only making news but serving it up as well.

Fresh from a recent financial restructuring, Red Hat Inc. is going on the offensive in the business computing marketplace by unveiling a new high-end Linux Advanced Server operating system and forging ahead with partnerships to spread the Linux gospel to large companies.