Recent Articles
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Small Businesses Launch With or Without Outside Funding
LONDON (Reuters) – Venture-capital investments have been falling in a depressed economy but this is not necessarily stifling technology start-ups, as it becomes easier to get firms off the ground without outside investment, Microsoft says. "With the advent of relatively cheap computing, relatively cheap bandwidth for communications, the cost of setting up a start-up has…
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Distributor Group Says Recession Close to Bottom
Intel has said the PC market has hit bottom, and analysts and at least one distributor seem to agree, even if some significantnaysayers remain. But adding to the it’s-not-getting-any-worse camp, this week the Global Technology Distribution Council, a consortium of IT distributors, says that the sales declines that the industry have experienced are slowing down…
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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…