Recent Articles
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Intel Vows to Appeal EC Antitrust Ruling, $1.5B Fine
Intel (NASDAQ:INTC) fired back at the European Commission today and vowed to appeal after the EC ruled against Intel and levied a $1.5 billion fine against the world’s largest computer processor maker, saying Intel violated European antitrust laws. “Intel takes strong exception to this decision,” says Paul Otellini, president and CEO, in a prepared statement.…
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Did IBM Bid Force Oracle`s Hand to Buy All of Sun?
It may have been a potential bid by IBM that forced Oracle into agreeing to acquire Sun Microsystems as a whole, despite an Securities and Exchange Commission (SEC) filing showing that Oracle CEO Larry Ellison originally sought to acquire only Sun’s software assets. The SEC filing notes that in addition to Oracle, there were two…
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IT Reseller Economic Stimulus Opportunity: Hospitals and Doctors
One of the biggest buckets of money expected to trickle down into the IT market as a result of the Obama administration’s economic stimulus package, or American Recovery and Reivestment Act, comes from the $20.4 billion directive to modernize hospitals and physician practices through the creation of electronic medical records and the end game of making…
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Intel Slapped with $1.45 Billion Antitrust Fine
Intel received today its sharpest rebuke yet for its alleged manipulative business and antitrust practices at the hands of the European Union, which slapped the California-based chip maker with a record $1.45 billion fine and a cease and desist order to stop anti-competitive activities. The EU fine is the result of an eight-year investigation into…
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NEC Makes Money Back Guarantee Pledge on SANs
NEC is looking to increase its branded storage business by offering a risk-free, 30-day money back guarantee to customers. The guarantee not only offers customers their money back with no questions asked, but also includes de-installation and removal of the equipment, paid freight to ship the equipment back and even data migration to the storage…