Channel Insider Staff

(Reuters) – Microsoft Corp and Yahoo Inc inked a 10-year Web search deal to better compete against market leader Google Inc but stopped short of combining their display advertising businesses. Shares of Yahoo, which had risen in recent weeks in anticipation of this deal, fell more than 7 percent in premarket trading, while shares of […]

(Reuters) – Sprint Nextel Corp said it will buy Virgin Mobile USA in a deal that values the equity of the small wireless carrier at $483 million, including Sprint’s current 13.1 percent stake. Sprint, the No. 3 U.S. mobile service, also agreed to retire all of Virgin Mobile USA’s outstanding debt when the deal closes, […]

Following the wrap of Microsoft’s annually Worldwide Partner Conference, the software giant started asking its partners to pass around the link to a new Website for enabling peer-to-peer partnerships. It’s called Microsoft Matchmaker. The idea behind Matchmaker is relatively simple: Authorized Microsoft partners load their leads into the system to share with select or preferred […]

(Reuters) — Palm Inc has fired another volley at Apple Inc in their smartphone war, as the two rivals tussle over whether iTunes should be compatible with Palm’s new Pre smartphone. Palm, whose executive ranks include former Apple brass, released a software update for the Pre this week that allows it to sync again with […]

You cannot cut your way to success, especially in a recession. Solution providers are increasingly looking at mergers and acquisitions as a means growing their base for the anticipated economic recovery. And there plenty of opportunities for growth through M&A, as demonstrated by a slew of activity in the last week. SLPowers, a Florida-based solution […]

Consolidation in the software-as-a-service (SaaS) market continues. This time, NetSuite has signed a definitive agreement to acquire QuickArrow, a SaaS vendor targeting professional services businesses, for $20 million (US) in cash. Assuming the acquisition is completed, NetSuite plans to integrate QuickArrow into its OpenAir business to create a larger professional services automation (PSA) software company […]

(Reuters) – The tech sector’s road to recovery just got a lot bumpier. Microsoft Corp’s billion-dollar-plus revenue shortfall in its fiscal fourth-quarter abruptly dampened hopes that demand for PCs was on the mend and sent a spate of tech stocks tumbling after-hours on Thursday. While Wall Street has rallied on better-than-expected quarterly results from chipmakers […]

If you’re a surgeon in an operating suite, the last thing you want is your digital display having a black case. Blood and other biohazards are simply hard to see on a black case. On a white case display, however, blood and guts are easy to spot. The challenge for hospitals, physician offices and dental […]

(Reuters) – Hackers will soon gain a powerful new tool for breaking into Oracle Corp’s database, the top-selling business software used by companies to store electronic information. Security experts have developed an easy-to-use, automated software tool that can remotely break into Oracle databases over the Internet to simulate attacks on computer systems, but cybercrooks can […]

(Reuters) – Microsoft Corp posted a steeper-than-expected 17 percent drop in quarterly revenue and said its business continued to be hurt by the weak global PC and server markets, sending its shares down 8 percent. The world’s largest software maker, whose operating systems power the vast majority of the world’s personal computers, reported fiscal fourth […]

(Reuters) – Apple Inc’s quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones and higher-than-expected gross margins, boosting its shares 4 percent on Tuesday. The company continued to defy the global recession with a solid 13 percent jump in fiscal third-quarter net profit. It sold more than seven times […]

Gateway Inc. rolled out the LT2000, the latest model in its’ line of sleek, compact netbooks. But one wonders if producing netbooks geared towards the consumer market is the latest under-the-radar strategy for a PC maker that has seemingly drifted into the background in recent months. The Gateway LT2000 netbook line measures about an inch […]