Technology news

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Rambus' 4Q income slips 35 percent

SAN FRANCISCO Rambus Inc. Thursday (Jan. 19) reported a net income of $9.4 million on revenue of $41.6 million for the fourth quarter of 2005. The company reported a net income of $33.7 million on revenue of $156.2 million for the full year.

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Progress Software Acquires Actional For $32 Million

Progress Software said Thursday it is acquiring for $32 million Actional Corp., a provider of Web services management (WSM) software for service-oriented architecture (SOA) applications.

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Independent Films Go Live On ClickFlicks.net

ClickFlicks.net is offering to save independent films from their plight of poverty with a new live service.

The company is also giving movie-goers an alternative to mainstream movies. The service provides an exhibition and distribution environment exclusively for independently produced content through the service unveiled this week. It aims to eliminate distribution struggles faced by many independent film companies, which must contend with tight budgets for both production and distribution.

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Microchip posts record sales, profits

SAN JOSE, Calif. Semiconductor supplier Microchip Technology Inc. said sales for the third quarter of fiscal 2006 were a record $234.9 million, up 3.3 percent sequentially from $227.3 million in the immediately preceding quarter, and up 14.4 percent from sales of $205.4 million in the prior year's third quarter.

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Xilinx falls short of Wall Street earnings expectations

SAN FRANCISCO Programmable logic supplier Xilinx Inc. Thursday (Jan. 19) reported a net income of $81 million on revenue of $450 million for the company's third quarter of fiscal 2006.

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OnStar Migrates To SOA

OnStar is moving its technology platform from Web services to service-oriented architecture (SOA), the company said.

Many of the software business rules that make OnStars tick are embedded in applications. To increase efficiencies and speed processing times, the plan is to remove redundant code and insert a business layer. "It will allow us to reuse different functions and business processes more easily," said Kathy Kay, OnStar director of application development and support. "We will pull out functions to create separate processes. "

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IBM Aims To Streamline DOJ's Financial Management System

Big Blue is taking on the Department of Justice's financial management system.

IBM, CGI Federal, BEA Systems, BearingPoint, COMSO, Delta Solutions, Nortel PEC, Unisys, Codesoft and Collins Consulting will streamline and modernize the DOJ's financial system under a one-year contract, with six additional one-year periods. The department can issue task orders throughout the term of the agreement, which is valued up to $150 million.

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Motorola reports gain on strong handset sales

MANHASSET, N.Y. Communications company Motorola Inc. posted fourth-quarter 2005 earnings of $1.2 billion, or 47 cents per share on sales of $10.43 billion, compared to $647 million, or 28 cents per share on sales of $8.84 billion in the year-ago quarter.

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Antitrust lawsuit targets Applied Materials

WASHINGTON Five U.S. companies that refurbish chip-manufacturing equipment have sued industry leader Applied Materials Inc., alleging it engaged in anticompetitive practices by limiting the availability of replacement parts for chip gear.

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Analysis: Google Case Raises New Questions

WASHINGTON - Already on the defensive over its domestic spying program, the Bush administration has alarmed privacy and free-speech advocates by demanding search information about millions of users of Google and other Internet companies.

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Dow Falls More Than 200 Points

The Dow Jones Industrial Average tumbled more than 200 points on Friday, erasing its gains for the year.

As a result of the 213-point plunge, or 2 percent, the Dow finished the day at 10,6676.39. It was the largest one-day loss since March 2003, MarketWatch said.

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Sundance Film Festival Puts More Content, Emphasis Online

The Sundance Film Festival has long played host to innovators by tapping into the imagination. Now coordinators are tapping into the Internet to showcase video blogging, podcasts and short films.

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Google Resists the Feds

Google is refusing to comply with a U.S. Department of Justice subpoena to provide the records of the searches that Web users ask it to carry out.

The Justice Department wants to use search records, compiled over a week, to see whether a law designed to protect minors from pornographic Web sites is effective.

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Digital Music Sales Triple in 2005

Music fans buying their tunes online and via mobile phones helped drive digital-music sales to $1.1 billion in 2005, marking a three-fold increase over the $380 million record labels earned the previous year, according to figures released by the International Federation of the Phonographic Industry (IFPI).

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IT Infrastructure Takes EMI Music Digital

EMI Music is building a digital infrastructure to distribute and share content globally with help from Microsoft Corp. and SAP AG, the company said Friday.

The five-year strategy is estimated to cost between $133 million and $176 million for software, hardware, training and education. "We are refreshing the entire infrastructure," said Andrew Hickey, chief technology officer at EMI Music, which represents artists from the Beatles to Coldplay to the Rolling Stones.

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Lenovo Adds Desktops to Retail Strategy

Lenovo is wading further into the retail market with the appearance of two ThinkCentre desktops on Micro Center's store shelves.

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Online Banking: How Safe is Your Money?

Online banking is suffering through a withdrawal phase. A study last fall by I.T. security firm Entrust found that 18 percent of Americans who bank online plan to do so less often because of security concerns. A third of the respondents said they were worried about their bank's Web site being spoofed by a fraudulent facsimile that would trick them into divulging their logon information.

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IBM Upgrades Data Protection for Outlook, Lotus

IBM has announced an upgrade to its Continuous Data Protection for Files software with more subfile backup for Lotus Notes and Microsoft Outlook and additional administrative tools.

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Ten Thoughts on the New Intel iMac

reporter's notebook: Somehow I ended up in an Apple store asking about the availability of the new Intel-based iMac. Yes, they had a few in stock, despite the lack of signage in the very crowded store (the employees manning the Genius Bar deserve a raise).

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FAQ: Will your Intel-based Mac run Windows?

Apple Computer's announcement of new Macs based on processors from Intel raises an interesting question: Since both the Mac and Windows operating systems now run on Intel-based hardware, shouldn't it be easy to run both on the same computer?

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