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  • Intel Quarter, Forecast Signals Upbeat Tone

    (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…

  • IBM CloudBurst Cloud Service Platform Expands

    Technology giant IBM announced it is expanding its CloudBurst cloud service platform by delivering the appliance on Power-based hardware as well as currently installed IBM and non-IBM systems. The CloudBurst appliance is designed to automatically integrate hardware, storage, networking, virtualization and service management software for a private cloud environment. Core to the new offering is…

  • Lockheed Martin Sells Enterprise Integration Group to Private Equity Firm

    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…

  • Multiple Apple iPad Killer Tablet Computers Loom

    Multiple Apple iPad Killer Tablet Computers Loom Dell StreakWhile the Dell Streak still only runs Android 1.6, it will support over-the-air updates for Android 2.2 later this year. Its 5-inch display has been called too small by some. It offers a 5.0M rear-facing autofocus camera plus VGA front-facing camera and supports a variety of video…

  • Microsoft Windows Phone 7 Wins Early Accolades

    (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…

  • IT Security Compliance Changes: Four Big Ones to Watch

    This week RSA released a new report produced in concert with its Security for Business Innovation Council (SBIC), a high-powered group of IT security decision-makers from organizations such as FedEx, eBay, T-Mobile and JPMorgan Chase. The consensus among the SBIC is that as many organizations are finally getting a handle on many of their compliance…

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