Channel Insider Staff

(Reuters) – Hewlett-Packard has hired Ari Jaaksi, a software executive from Nokia, as a Senior Vice President of its new mobile operating system webOS, a spokeswoman for HP said on Friday. Earlier this month Nokia said Jaaksi, the head of Finnish handset makers key Meego software platform, had decided to leave the company. Nokia, once […]

(Reuters) – Worldwide sales of personal computers grew more slowly than expected in the third-quarter, according to industry data released on Wednesday, hampered by weak consumer spending in the United States. PC shipments rose 11 percent to 89.7 million units in the July-September period, according to industry tracker IDC. That was below its forecast of […]

(Reuters) – Verizon Wireless will join rival carrier AT&T Inc in selling Apple Inc’s iPad later this month as it moves closer to disrupting the exclusive relationship between the device maker and AT&T. Apple’s surprise announcement on Thursday comes weeks ahead of the holiday shopping season, with the company positioning the iPad touchscreen tablet as […]

(Reuters) – Intel Corp forecast upbeat fourth-quarter sales and margins as resilient demand from emerging markets and corporations offset weak consumer spending, raising hopes that the technology sector could end 2010 on a strong note. Shares of Intel and rival Advanced Micro Devices Inc, which have warned about weak consumer demand for computers, climbed 1 […]

NEW YORK/WASHINGTON (Reuters) – Lockheed Martin Corp (NYSE:LMT) has agreed to sell its Enterprise Integration Group unit to private equity firm Veritas Capital for $815 million. Lockheed’s decision to sell EIG, which advises government agencies on military platforms, was prompted by a tightening of Pentagon rules aimed at removing potential organizational conflicts of interest caused […]

(Reuters) – Microsoft Corp’s last-ditch attempt to reclaim its prominence in the smartphone market won favorable early reviews on Monday, but it may come too late to claw back customers from Apple Inc and Google Inc. The world’s largest software company, along with network carriers and handset makers, is planning to spend more than $100 […]

(Reuters) – Microsoft Corp issued its biggest-ever security fix on Tuesday, including repairs to its ubiquitous Windows operating system for flaws that could let hackers take control of a user’s personal computer. Microsoft released 16 security patches to address 49 problems it identified in its products. It said four of the patches were high priority […]

(Reuters) – Wal-Mart Stores Inc will start selling Apple’s iPad tablet computer this Friday. Wal-Mart said the iPad will be available in hundreds of its stores in the United States to start, expanding to more than 2,300 outlets by mid-November. Wal-Mart rivals Best Buy and Target are already selling the iPad, which Apple launched in […]

Free anti-virus software maker AVG Technologies has introduced AVG Internet Security 2011 Business Edition and AVG Anti-Virus 2011 Business Edition, designed for cost-conscious businesses that need maximum protection in an easy-to-use product. AVG said its new suite of business security products provide small and medium-sized business owners who are active on the internet with the […]

(Reuters) – Microsoft Corp unveiled a new line of phones running its Windows software on Monday, as it attempts to pull back market share from Apple Inc’s iPhone and Google Inc’s Android system in the fast-growing market for multi-featured "smartphones." The world’s largest software company is hoping that the new phones, from handset makers Samsung, […]

(Reuters) – The U.S. economy shed jobs in September for a fourth straight month as government payrolls fell and private hiring slowed, hardening expectations for more stimulus from the Federal Reserve to spur the recovery. Nonfarm payrolls dropped 95,000, the Labor Department said on Friday. Private employment, a better gauge of labor market health, increased […]

SEATTLE, Oct 7 (Reuters) – Adobe Systems Inc’s (NASDAQ:ADBE) stock skyrocketed on Thursday after a media report stirred speculation it might become an acquisition target for Microsoft Corp (NASDAQ:MSFT). The New York Times reported that Microsoft Chief Executive Steve Ballmer had met secretly with Adobe CEO Shantanu Narayen at Adobe’s San Francisco offices "recently." The […]