Analysts have refuted claims made by market researcher IDC that the global e-marketplace industry shakeout was abating, calling IDC's statements "frivolous" in light of the relative infancy of the industry here and abroad.
BEA Systems has partnered with Intel to develop a version of its application server software that runs on Intel's 64-bit Itanium processor, the companies are set to announce Monday. The move should lower the price for customers who want to use BEA's software and expand the market for application servers as a whole, according to BEA's chairman and chief executive officer.
Banks that rebuild their foundations on e-commerce through technology alliances will be the survivors in a period of increased mergers and acquisitions in the financial services industry, according to a report.The report also predicts new technology and competition over the next six years will leave the marketplace with half as many players.
Mitsubishi, a large Japanese trading company, and Index Corp., a content provider for wireless Internet services, said Monday they will each buy a stake in Shanghai Linktone Consulting Co. Ltd., a provider of wireless Internet content. The two Japanese companies will start distributing content for Chinese mobile telephone users through Linktone in the third quarter of this year, they said.
IBM has been awarded a contract to supply the Korea Institute of Science Technology and Information (KISTI) with a supercomputer that is expected to be one of the fastest in the world when it is fully installed in 2003.
Computer Associates International Inc. (CA) once again posted hard-to-interpret results for its latest fiscal quarter, showing a US$342 million net loss under standard accounting principles, but a $323 million net operating income under its own pro-forma calculations. CA reported Monday for its first fiscal quarter of 2002, ended June 30.
Toshiba has developed a new microcontroller chip for digital audio players and other portable electronics devices, such as digital still cameras, that integrates several functions that previously required separate chips, it announced Monday.
Microsoft and the U.S. Department of Justice (DOJ) plan to meet this week in the first face-to-face discussions since a federal appeals court decision unanimously declared the software company a monopolist but declined to affirm an order to break the company apart, according to news reports.
Sun Microsystems and Hewlett-Packard are expected to announce separately Monday that they will make projects under development at the companies available to developers under the open source model, adding further support to the collaborative development model.
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