Channel Insider Staff

LONDON (Reuters) – Dell (DELL.O) hopes its new retail drive to sell in stores rather than just online will help it sell to consumers in emerging markets buying their first computer, Chief Executive Michael Dell said on Tuesday. Dell, the world’s second-biggest computer maker, has recently switched from a pure online and phone sales model […]

NEW YORK, Sept 23 (Reuters) – T-Mobile USA will sell the first phone powered by Google Inc’s (GOOG) Android operating system for $179, slightly cheaper than its rival, Apple Inc’s (AAPL) popular iPhone, the wireless service said on Tuesday. That price competes with the entry-level price of $199 for the iPhone, with a two-year contract. […]

BOSTON (Reuters) – McAfee Inc (MFE.N), the world’s No. 2 security software maker, said on Monday it plans to buy Internet security company Secure Computing Corp (SCUR.O) for $465 million in cash. The move gives McAfee a suite of software, services and hardware products to protect hackers from getting past the perimeters of computer networks. […]

By Jim Finkle BOSTON (Reuters) – Oracle Corp (ORCL), the world’s No. 3 software maker, posted stronger-than-expected quarterly profit as operating margins hit their highest level ever for the period, sending its shares up 6 percent. The company also reported a 14 percent rise in sales of new software licenses and gave an outlook for […]

By Mayumi Negishi TOKYO, Sept 19 (Reuters) – Japan’s Toshiba Corp (6502.T) said it now expects to post an operating loss in the first half and slashed its full-year forecast to below market expectations due to a weak semiconductor market. The microchip industry is beset by falling prices and excess capacity. Sliding prices in NAND […]

Sept 19 (Reuters) – Wachovia Capital Markets downgraded IT offshore outsourcing sector to "market weight" from "overweight," citing the recent chaos among major financial service providers. Financial service providers — a key source of business for the IT offshore outsourcing sector — is expected to cut back further on IT spending in 2008 and 2009, […]

By Baker Li TAIPEI, Sept 19 (Reuters) – Taiwan’s Acer (2353.TW), the world’s No.3 PC vendor, expects stronger PC sales to boost revenue "very close" to $20 billion this year, above market expectations and up about 40 percent from last year. Acer Inc Chief Executive Officer and President Gianfranco Lanci issued the forecasts on Friday […]

Having trouble networking and securing virtual machines? You won’t have to wait long before a new technology is available that solves that problem.   VMware and Cisco Systems announced a jointly developed Cisco Nexus 1000V, a software switch designed to make easy work of networking, manage and secure virtual machines.    The software switch, announced […]

In the wake of news that it would lay off nearly 25,000 employees following the closed acquisition of EDS, Hewlett-Packard is now in the process of reorganizing and consolidating its software and consulting and integration unit. According to an internal memo obtained by Channel Insider, HP will announce next week a merger of HP Software […]

By Franklin Paul and Tiffany Wu NEW YORK (Reuters) – Two of the biggest computer vendors, Dell Inc (DELL) and Ingram Micro Inc (IM), warned on Tuesday that demand was weakening, adding to worries that the crisis on Wall Street would hurt corporate and consumer spending. While neither company mentioned the financial sector specifically, they […]

By Eric Auchard SAN FRANCISCO (Reuters) – Hewlett-Packard Co (HPQ) plans to cut 7.5 percent of its work force, or 24,600 jobs, seeking to realize savings from its recent acquisition of Electronic Data Systems Corp, the company said on Monday. HP said it would carry out the cutbacks over the next three years, while replacing […]

NEW YORK (Reuters) – Dell Inc’s (DELL) customers are cutting back further on technology spending, the company said on Tuesday, sending the computer maker’s shares down more than 7 percent. Dell, the second largest computer maker after Hewlett-Packard (HPQ.N: Quote, Profile, Research, Stock Buzz), has already been hurt as buyers hold back on purchasing decisions. […]