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  • EMC to lay off 2,400, expects loss in Q3

    Storage vendor EMC will lay of 2,400 employees by the end of the year and is likely to post a loss in its fiscal third quarter ending September 30 because of spending cutbacks by its customers, the company said Thursday.

  • Nimda hits Parliament House

    Federal parliament is the latest victim of the Nimda virus that is spreading rapidly across Australian corporate networks.

  • Courier speeds up deliveries

    Adelaide-based courier Yellow Couriers has increased productivity and cut response times with a new system that has integrated computerised dispatch with back-end business software.

  • 3Com's Q1 losses skyrocket as sales evaporate

    First-quarter net losses widened sharply at 3Com Corp., soaring nearly 300 percent as the struggling network-equipment maker saw sales evaporate compared to the year-ago period.

  • Vendors rush to release anti-Nimda tools

    Network Associates Inc. and Trend Micro Inc. on Wednesday joined a growing number of vendors offering utilities designed to help protect businesses from the rapidly spreading Nimda worm.

  • Vodafone aims to take control of Japan Telecom

    Vodafone Group PLC announced Thursday that it has made an offer to take full control of Japan Telecom Co. Ltd. by purchasing an additional 21.7 percent stake in the company. Vodafone, the world's largest mobile phone operator, already owns a 45 percent stake in Japan Telecom, Japan's third-largest mobile phone operator.

  • Sanyo debuts ID Photo optical disc drive

    Sanyo Electric Co. Ltd. launched an external drive for its ID Photo optical disk system this week at World PC Expo.

  • Worm continues its assault in Asia

    The Nimda worm continues to breed across the Asia-Pacific region as more computer systems are infected on the second day of its pervasion into e-mails, servers, and browsers across the globe.

  • Philips Semiconductors lowers sales forecast

    Koninklijke Philips Electronics NV said Thursday that sales at its semiconductor division are expected to drop by about 18 percent in the third quarter ending Sept. 30, from the second quarter.

  • Dingo drops staff

    Communications service provider, dingo blue has entered into a spate of staff cutbacks with more than 25 employees given notice yesterday, according to a former staff member.

  • Lucent kills next-generation ATM switch

    Lucent Technologies Inc. is discontinuing development of its next-generation ATM multiservice switch in an effort to trim its product portfolio as part of a restructuring plan to return to profitability.

  • Next phase of antitrust case could be a long one

    The next phase of the Microsoft Corp. antitrust case -- deciding what remedies to impose on the software giant -- has the potential of being as protracted and complex as the initial trial, according to a joint status report filed by both sides in U.S. District Court today.

  • IDC: Security services to hit $21B in 2005

    The worldwide market for information security services will nearly triple to US$21 billion by 2005, up from about $6.7 billion in 2000, according to new research released Thursday by International Data Corp. (IDC)The boom in the market will be driven by corporate desires for wireless access, extranets and remote networks because new and greater security services will be needed to secure those technologies, the study said.

  • Vodafone says 3G on track for June 2002

    U.K.-based Vodafone Group PLC is "on track" to launch 3G (third generation) mobile services in Japan and Europe in June of 2002, the company's Chief Executive Officer Chris Gent said Thursday.

  • Palm revenue drops 47 percent in Q1

    Palm Inc. revenue dropped 47 percent in the first fiscal quarter of 2002, compared to a year ago, in the face of slow demand and increased competition.

  • Adobe touts images

    New tools for digital asset management and image creation will light up the publishing industry this week at Seybold San Francisco 2001, as vendors such as Adobe Systems Inc., Quark Inc., and Canto Software AG unveil offerings and technology.

  • US ATTACK: Experts testify on state of U.S. economy

    A U. S. Senate committee Thursday held a hearing with key financial government officials to assess the effects of last week's terrorist attacks on the economy and to evaluate how to help.

  • US ATTACK: Markets continue their slide

    Not even encouraging words from U.S. Federal Reserve Chairman Alan Greenspan could bolster U.S. markets Thursday as the Dow Industrial Average and the Nasdaq continued to fall amid fears that last week's terrorist attacks on the U.S. pushed world markets even closer to a global recession.

  • Via sues Intel to block sales of Pentium 4

    Via Technologies Inc., and its subsidiary company Centaur Technology, in a lawsuit filed Sept. 10 against Intel Corp. for allegedly infringing their patents, are seeking to stop sales of the Pentium 4 family of microprocessors.

  • Despite slumping economy, e-commerce still growing

    The number of Americans buying online will double from 64.1 million as of 2000 to 130 million by 2005, according to a report by research firm eMarketer Inc.