Stories by Jack McCarthy

UPDATE: IBM Beats Wall Street Expectations

Although IBM Corp. today reported earnings for the fourth quarter of 1999 of US$2.1 billion, or $1.12 per share, down from $2.3 billion, or $1.24 per share for the same quarter last year, the company bested Wall Street predictions.

Hackers defeat US Government yet again

Hackers broke into the US Library of Congress government affairs Website on Monday and altered it with their own text, federal officials confirmed yesterday.

Unisys Tops Wall Street Expectations

Despite worries related to the year 2000 problem hampering sales growth, Unisys Corp. today posted fourth-quarter 1999 earnings that beat Wall Street expectations by a penny.

Library of Congress Site Hacked

Hackers broke into the U.S. Library of Congress government affairs Web site yesterday and altered it with their own text, federal officials confirmed today.

Gateway CFO Says Intel Shipment Delays Hurt

Intel Corp.'s inability to fill orders for Celeron microprocessors and motherboards from Gateway 2000 Inc. cost the computer vendor US$200 million to $250 million in the last quarter, Gateway's chief financial officer said yesterday.

Vendors Join Mac Multimedia Bandwagon

Much of the attention at the Macworld Expo this week is centered around Apple Computer Inc.'s digital video and audio applications, and unsurprisingly, a host of companies are coming forward to support them.

Jobs Touts First Quarter, Mac OS X

In a typically upbeat, applause-gathering keynote today, Apple Computer Inc. Chief Executive Officer Steve Jobs kicked off the MacWorld conference with details about the rollout of MacOS version 10, good news about the company's first fiscal quarter, and an announcement that the company will be partnering with ISP (Internet service provider) EarthLink Network Inc.

Intel Introduces Faster Celeron

Intel Corp. today rolled out a faster processor for sub-$1,000 PCs, saying it will be the first of several versions of the chip targeted at the low-end processor market in the coming months.

3Com's Palm sales strengthen quarterly results

Networking company 3Com yesterday reported second-quarter earnings of 37 US cents per share, up from 36 cents per share for the same period last year, and 3 cents higher than Wall Street expectations.

Study: Euro e-commerce to top $US1.6 trillion

Electronic consumer and business commerce trade in Europe is expected to grow at a dizzying rate in the next few years, reaching $US1.61 trillion by 2004, according to a new study from Forrester Research.

Study: Euro E-Commerce to Top US$1.6 Trillion

Electronic consumer and business commerce trade in Europe is expected to grow at a dizzying rate in the next few years, reaching $US1.61 trillion by 2004, according to a new study from Forrester Research.

Internet tax question won't be answered this week

A commission established by the US Congress to make recommendations on how Internet transactions should be taxed won't reach a consensus after two days of meetings being held here today and tomorrow, the committee's chairman said.

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