18th > January > 2002 Archive

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Microsoft profits down

Microsoft Corp said sales of Windows XP and its Xbox games console boosted net income for its second fiscal quarter, reported yesterday, but profits were knocked back by a $660m accounting charge related to a consumer class action suit. Redmond, Washington-based Microsoft reported an 18 per cent increase in revenue to $7. …
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IBM profit steady amid revenue decline

The adverse economic conditions in the world and the tough times that have fallen on companies in the information technology sector have taken their toll on IBM Corp, which yesterday reported profits of $2.3 billion in the fourth quarter of 2001, down 13% from last year, on worldwide sales of $22.8 billion, down 11% - …
server room

Proxim and Western create ‘wireless powerhouse’

In a rare genuine merger of equals, two Sunnyvale, California-based companies, Proxim Inc and Western Multiplex Corp, are joining forces to create a wireless equipment maker spanning across local and wide area networks - Patrick O'Brien writes. Under the terms of the deal, Western Multiplex will swap 1.8896 of its shares …
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2001 ‘bloodbath’ for PC vendors

2001 was a "bloodbath" for vendors after the number of PCs shipped last year dipped for the first time since 1985, according to the latest figures from Dataquest.
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Linux Quake3 rocks Win-XP Quake3 on new P4

The new Northwood 2.2gHz 0.13-micron P4, as I mentioned earlier, seems made for Windows-XP. It's got special chipset drivers; it's got an 'application accelerator'; it's got Rambus working overtime.
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Philips moves to put ‘poison’ label on protected audio CDs

Netherlands giant Philips Electronics has lobbed a grenade into the audio copy protection arena by insisting that that CDs including anti-copying technology should bear what is effectively a plague warning. They should in Philips' view clearly inform users that they are copy-protected, and they shouldn't use the "Compact Disc" logo because they are not, in Philips' considered view, proper compact discs at all.
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Oftel gets new second in command

Anne Lambert is stepping down as director of operations after three years at telecoms regulator Oftel.

Nortel in black pit of despair

Losses keep pilling up at Nortel Networks as the firm announced a Q4 deficit of $1.83 billion, bringing net losses for the year to $ 27.30 billion.
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Compaq revitalises depressed disclaimer market

Those readers who remember the result of our astounding 2001 email disclaimer contest, will doubtless enjoy the following effort from Compaq, courtesy of our man in the land of coffee and maracas.
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Distributed computing case ends with probation

A sys admin who installed distributed computing software on computers at an American college has been sentenced to probation.
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Oftel cuts LLU charges

Oftel has ordered BT to cut some its charges linked with local loop unbundling, claiming they are too high.
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bin Laden hackmeister ‘flees’ Germany

Updated German glam-hax0r Kim Schmitz (aka Kimble), the founder of a group which made unsubstantiated claims to have hacked a Sudanese bank with /bin/laden accounts, has fled the country in fear of his life.
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Dell takes 27pc of US PC market

More than one in four PCs sold in the US in the last three months had a Dell badge, according to analyst estimates cited by Dell today in an upbeat trading statement.
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Canon UK to shed 500 jobs

Canon is to axe 500 jobs in the UK despite having reported record global sales over the last 12 months.
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Sun's sales slip, forecasts summer recovery

Sun Microsystems has posted a second quarter net loss of $431 million as its sales fell by more than a third.
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Avoid the Christmas rush with El Reg January sale

We've mucked out the Augean stables of the Register merchandising-warehouse, courtesy of our January clearance sale. Nearly. Only 90 sacks to get out the door - everything must go!

Next-gen ISP peering network launches

PacketExchange, a provider of peering services to carriers and ISPs, has launched a network which enables service providers in different locations to peer directly with one another.