A mass delusion about the significance of a press release swept through Wall Street Tuesday, driving shares of anti-virus outfit McAfee up more than fifty-four percent on news that the company would integrate Microsoft .NET technologies into its ASP (Application Service Provider) services.
The fortunes of Wall Street's Linux poster children, Red Hat and VA Linux Systems, continue to diverge. While Red Hat boasted of bullish figures, VA yesterday reported a drop in sales of 41 per cent on last year's equivalent period.
Two Datatec directors have paid fines of 1 million rand (think 10 rand to the pound) to square insider trading allegations levelled at them by South Africa regulators. The pair, executive chairman and founder Jens Montanana and finance director Robin Rindel deny the charges but say it was easier to settle. Datatec, a multinational networking equipment reseller and distie, is listed on the Johannesburg Stock Exchange. Its major operating businesses are Westcon and Logical.
European politician and anti-spam campaigner, Elly Plooij, has been left somewhat red-faced after admitting that she spammed 1,000 mail boxes at the European Parliament with a massive 3MB file.
Acequote.com has announced an addition to its online B2B marketplace for the channel.
Nvidia seems to have handsomely beaten the chip industry's downturn: last night it announced much-increased revenues and earnings for its first quarter, which ended 29 April.
Taiwan's chipset makers are slashing prices on their DDR SDRAM chipsets in response to cool demand for DDR systems, intense rivalry between them, and the imminent arrival of Intel's SDRAM-based chipset, the 845 aka Brookdale.
Dell said Intel's Itanium processor will largely be a development platform when it detailed its plans to release high-end servers based on the chip.
CMG has signed up with filtering company Brightmail to build spam and virus filtering software into its wireless systems.
Updated Following on from the story of the LibDems owning and pulling the site named after Welsh nationalist party Plaid Cymru, here is a rundown of other party sites owned by people other than themselves. We'll update it as more turn up.
The former MD of insolvent system builder Panrix is advertising his new business on the website of his old company. And he's promising all his creditors will be paid.
Oracle - that most conservative of IT companies - has been dragged into the rather messy and sleazy world of politics.
Sony, Fujitsu and NEC have joined Compaq and Hewlett-Packard (just about) to pledge their support for AMD's Mobile Athlon 4 processor.
A senior Dell executive is predicting the Network Attached Storage (NAS) market is becoming commoditised in much the same way as the low-end server market.
Students have swapped beer for the Net, with up to fifteen per cent claiming Internet addiction is hurting their studies.
Cisco Systems has warned that multiple vulnerability with the operating system used by its 600 series routers leave its vulnerable to a barrage of attacks.
Almost a third of BT's ADSL-enabled exchanges went tits up yesterday leaving hundreds of users without access to the Web.
Motorola has licensed Sony's Memory Stick solid-state storage system and will support the technology directly through its PDA-oriented DragonBall processor.
Tiny Computers is planning to ride out the PC market downturn by heavily pushing accessories and peripherals to its customers.
The FBI's National Infrastructure Protection Center (NIPC) has been shamed in a US Congress General Accounting Office (GAO) report which characterizes the federal cybersleuths as un-original players preoccupied with trivial matters, and unable to articulate timely warnings.
An industry snitch has pocketed £4,000 after grassing on a Scottish IT company for using pirated software.
Taiwan's Acer has licensed the Palm OS for a new line of PDAs.
Germany has a somewhat unenviable reputation as the most trigger-happy nation in Europe when it comes to censorship of violent games, with many having to be edited for release in the country or getting banned altogether.
WinXP diaries How safe is Microsoft's new approach to viruses? Sort of safe, but not entirely helpful, it would appear. Not one virus but two seem to have slid through the deflector shields of my Office XP installation, and while they're under control, catching them and killing them is a bit of a puzzle right now.
Aimster is to appeal against the National Arbitration Forum's decision that it has to hand over its aimster.com, aimstertv.com and aimstertv.net domains because they allegedly infringe on AOL's Instant Messenger trademark.
Updated UK reseller Westcoast has lost its MD Paul Cook after just two years.
A City financier from London has resigned after a sexually explicit email charting his sexpolits in Korea was forwarded around the world.
Here's a NewsForge exclusive email interview with MandrakeSoft CEO Jacques Le Marois about what has been going on in the company recently, and where Mandrake hopes to go in the future. The format is loose; Jacques wrote his own answers without help from PR people. He is speaking straight from the heart here, with the passion and honesty you'd expect from someone who once helped throw a nationwide "Linux Party" for thousands of people in 35 cities.
Sharp's upcoming Linux-based Zaurus PDA will be given its first public outing next month at Sun's Java One conference, the Japanese giant has said.
We're getting exhausted covering all the problems associated with Roxio's Easy CD Creator. To recap: if you download and install version five of the software on Win2K, you may find yourself without a computer. Or version four come to that.