Microsoft's SQL Server 7.0 and 2000 software both contain a critical flaw that allows low privilege users to elevate their privilege level and make changes to tasks created by other users, the company said Wednesday.
People keep asking when the IT and telecommunications business are going to get back to normal, Ben Verwaayen, chief executive officer (CEO) of London's BT Group PLC said Tuesday. "But this is the norm, so we'd all better accept it and develop the strategies we need to deal with it."
Stockholm financial services group Nordea AB has entered into agreements with IBM Corp. and Microsoft Corp. to offer straightforward Internet-based payment systems for e-commerce sites, it said Tuesday.
Japanese telecommunications operator NTT DoCoMo Inc. said Wednesday that it will write off ¥573 billion (US$4.68 billion) of losses on its overseas investments for the first half of the year, including revaluing its Dutch investment in KPN Mobile NV at zero.
Hewlett-Packard Services (HPS), the services division of Hewlett-Packard Co. (HP), aims to use partnerships with Microsoft Corp. and BEA Systems Inc., plus the company's own OpenView software, to lead the growth of Web services applications, HPS Executive Vice President Ann Livermore said Monday.
The Boots Company PLC, a pharmacy and health care company, has outsourced its IT systems to IBM Corp., it announced Tuesday.
IDC has slashed its forecasts for the PC market in 2002 and 2003, citing weakening demand in both the business and consumer sectors.
Bertelsmann AG is reassessing its e-commerce businesses across Europe. The company will withdraw from stand-alone e-commerce sites and concentrate on its offline book and music club businesses, and Web-based book and music clubs such as it runs in the U.K., it announced Tuesday.
Who's looking over your shoulder? E-mail and Internet abuse is now the number one reason for disciplinary action in companies in the U.K., according to a survey carried out by London law firm KLegal and Personnel Today magazine.
Vivendi Universal SA reported a loss for the first half of 2002 on Wednesday, and announced plans to sell off parts of the business to reduce debt levels by about 10 billion (US$9.8 billion).
Xilinx Inc. has used the latest process technology and design tools to develop a large programmable chip with clock speeds of over 400MHz, it said Monday.
Multimedia Messaging Service (MMS) is in danger of becoming another over-hyped technology like WAP (Wireless Application Protocol), and telecommunications companies must reassess their predictions of how much extra revenue it will bring, according to a report from industry research group, Wireless World Forum (W2F).
IBM Corp. and Nion Co. have developed a microscope technology that lets researchers look inside materials and see how atoms are interacting, making nanotechnology development easier.
WorldCom's cooperation with investigators and its internal probe into its accounts, together with the plea negotiations of former executives Scott Sullivan and David Myers, are likely to dissuade prosecutors from filing charges against the company itself, according to the online edition of The Wall Street Journal (WSJ) Friday.
Corio Inc. is to buy all of the ASP (application service provider) assets of Qwest Communications International Inc. subsidiary Qwest CyberSolutions LLC (QCS) for US$15 million in cash, the companies announced last Thursday.