IBM, others join e-venture fund rush
The rush by technology firms to finance e-commerce ventures is gaining momentum.
The rush by technology firms to finance e-commerce ventures is gaining momentum.
IBM's $100 million bid to build a supercomputer that's 500 times more powerful than the fastest computers today will be a challenge to pull off in the promised five years.
A class-action suit filed against Unisys claims that the company misled investors about its financial condition earlier this year.
Compaq's decision earlier this year to discontinue Windows NT on its Alpha servers will cost the company up to $US100 million in the fourth quarter and an additional $100 million to $150 million in the first quarter of 2000, according to a filing with the US Securities and Exchange Commission (SEC).
Compaq has announced iPaq, a $US499 PC that it claimed will make it easier for corporate users to access the internet. It will be available in mid-January, although Compaq is taking orders for the device immediately.
Cisco Systems on Tuesday said it would buy Aironet Wireless Communications of Akron, Ohio, in a stock purchase valued $799 million.
Sun Microsystems is prepping users for a major upgrade to the next version of its Solaris operating system.
Sun Microsystems is following the lead of mainframe vendors in offering a new pricing option that lets users quickly add capacity with minimal disruption.
Increased margins from its services business led to a better-than-expected third quarter for Unisys.
Hewlett-Packard's US$6 billion customer service and support group will launch several new initiatives during the next few months to keep pace with the company's frenetic electronic-services push.
Compaq Computer Corp.'s decision to drop Tru64-Unix development on Intel Corp.s forthcoming IA-64 chip architecture evoked a mixed reaction from users today.
Much of the increased performance in IBM Corp.'s recently introduced high-end Unix servers comes from its new copper-based chip technology and an internal switch that more than doubles data transfer speeds between the CPU and memory.
Also lending a boost is a new release of the AIX operating system that's capable of supporting up to 24 processors. The operating system features a new workload manager that allows users to consolidate and manage multiple workloads on a single server, said Jeff VerHeul, a vice president of servers at IBM.
IBM today enhanced its Unix server lineup with new models and software aimed at high-end enterprise and Internet applications.
The products should help IBM regain price and performance leadership in the Unix market, said Debra A. Thompson, IBM's vice president of product marketing.
As the recently appointed CIO of eBay, Maynard Webb's first task is to stem a series of embarrassing service disruptions that have already cost the world's largest online auctioneer millions of dollars in revenue and stock value. Webb recently spoke with Computerworld senior editor Jaikumar Vijayan about how companies like eBay face Fortune 100-like IT problems, though a fraction of their size.
Compaq vice president Marion Dancy discusses in an Q&A session with Computerworld why the company decided to end development of Windows NT