Recent Articles
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PluggedIn: Flip Camcorder Moves up to HD
By Gabriel Madway SAN FRANCISCO, Nov 11 (Reuters) – The Flip camcorder, whose pint-sized frame, no frills approach and small price tag made it a huge hit with consumers, is stepping up to the more rarefied world of high-definition. The new Flip Mino HD is being released on Wednesday by Pure Digital Inc. The company…
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Best Buy Slashes Profit Outlook
CHICAGO (Reuters) – Best Buy Co Inc, the No. 1 U.S. electronics chain, slashed its fiscal 2009 profit forecast on Wednesday, driven by weak consumer spending heading into the crucial holiday selling season. Best Buy’s announcement comes just two days after smaller electronics retail rival Circuit City Stores Inc filed for Chapter 11 bankruptcy protection.…
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Intel’s Shock Warning Sound Alarm for Tech Sector
NEW YORK (Reuters) – Chip giant Intel Corp cut its fourth-quarter revenue forecast by about 14 percent citing weak demand across the world and in all its products, indicating the economic crisis is set to hurt computer sales in the holiday season and beyond. The shock warning hammered tech shares, which had already tumbled earlier…
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Cisco Goes to the Edge with New Router
NEW YORK (Reuters) – Cisco Systems launched a new edge router aimed at improving Web speeds as more consumers download movies online and access the Internet with mobile phones. The network equipment maker, which forecasts Internet traffic to nearly double every two years through 2012, said the ASR 9000 edge router would provide six…
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Fortinet Pushes UTM Performance with FortiGate 620B
Doing more with less is the newly emphasized mantra of today’s IT departments – thanks to a faltering economy and shrinking IT budgets. With that in mind, some may question why Fortinet chose now to come out with an enterprise security appliance. After all, money is tight and the last thing many IT managers want…
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SAP Hires Former Senior Oracle Executive
BOSTON, Nov 11 (Reuters) – Business software maker SAP AG (SAPG.DE: Quote, Profile, Research, Stock Buzz) has hired an executive who used to run one of archrival Oracle Corp’s (ORCL.O: Quote, Profile, Research, Stock Buzz) biggest development groups, putting him in charge of an emerging business at SAP. SAP, the world’s top maker of business…
