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Oracle Raises Bid for PeopleSoft Takeover

02.04.04 @11:31

 
SAN FRANCISCO (AP) -- Business software maker Oracle Corp. raised its hostile takeover bid for rival PeopleSoft Inc. by 33 percent to $26 per share Wednesday, setting the stage for more high-stakes drama in the high-tech soap opera....

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LATEST STORIES

IBM to Take Over Some Sprint Call Centers

02.04.04 @11:28

KANSAS CITY, Mo. (AP) -- IBM Business Consulting Services will take over management of some of Sprint Corp.'s call centers across the country, Sprint announced Wednesday....

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Experts: Outsourcing Helps World Economy

02.04.04 @06:09

BOMBAY, India (AP) -- Outsourcing information technology-related jobs to developing countries such as India will boost competitiveness and slash costs, international software experts and government ministers said Tuesday....

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Microsoft Web Sites Resist Virus Attack

02.03.04 @13:32

SEATTLE (AP) -- Microsoft Corp. said it had fought off an attempted software virus attack Tuesday that was aimed at shutting down some of the company's Web sites....

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Ads, Messaging Push Sohu.com to Profit

02.03.04 @13:09

SHANGHAI, China (AP) -- Healthy growth in online advertising and the popularity of mobile-phone messaging helped give Chinese Internet company Sohu.com Inc. its first full-year profit in 2003....

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Sprint May Outsource 5,000 Jobs to IBM

02.03.04 @09:18

KANSAS CITY, Mo. (AP) -- Sprint Corp.'s fourth-quarter earnings dipped to $38 million, but both its wired and wireless telephone businesses topped expectations. The report Tuesday came a day before Sprint was expected to announce a deal to outsource at ...

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Microsoft Sets Up Alternate Web Site

02.03.04 @09:17

REDMOND, Wash. (AP) -- Microsoft said Monday it has set up a secondary Web site for users affected by an Internet virus that will seek to block them from the software giant's regular Web sites....

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Jackson, Timberlake Apologize for Flash

02.03.04 @08:24

NEW YORK (AP) -- CBS, MTV, the NFL, Janet Jackson and Justin Timberlake all say they're sorry - but none of that is deterring the federal government from looking into the Super Bowl's too-revealing halftime show....

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Military Budget Plan Ends Up on Internet

02.02.04 @13:49

WASHINGTON (AP) -- Flubbing Pentagon efforts to maintain strict secrecy, someone accidentally posted next year's military budget plan on the Internet.
...

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Sony to Invest $325M in IBM Chip Plant

02.02.04 @13:45

ALBANY, N.Y. (AP) -- Sony Corp. will invest $325 million in IBM Corp.'s upstate New York semiconductor plant and work with Big Blue to produce tiny new chips for next-generation computer systems and consumer electronics....

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Internet Cos. Legitimize File-Sharing

02.02.04 @13:44

CANNES, France (AP) -- The music industry is giving all it's got to the fight against unauthorized file-sharing. But if you can't kill the beast, why not tame it?...

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Gateway to Buy PC Maker EMachines

02.02.04 @12:30

SAN DIEGO (AP) -- In its latest attempt to find profits in the notoriously low-margin personal computer business, Gateway Inc. will buy privately held eMachines Inc. in a deal valued at $235 million....

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'Mydoom' Virus Brings Down SCO Web Site

02.02.04 @07:11

SALT LAKE CITY (AP) -- A computer virus that targeted a small Utah software company performed as its perpetrators promised on Sunday, bringing down The SCO Group's Web site two days before a similar virus was programmed to attack Microsoft ...

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Intel Launching Next-Generation Pentium 4

02.02.04 @06:30

SAN JOSE, Calif. (AP) -- Intel Corp. is launching the next generation of its flagship Pentium 4 microprocessor on Monday, adding more memory to the chip and other features that should allow it to reach record speeds of up to ...

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Microsoft Works to Ward Off Virus Attack

02.02.04 @06:16

SEATTLE (AP) -- Microsoft Corp. said it was working to ward off an Internet virus that was set to attack the software company's Web site on Tuesday....

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Illegal Music Downloader in Super Bowl Ad

02.02.04 @05:30

LOS ANGELES (AP) -- Downloading music online from rogue file-sharing networks got 14-year-old Annie Leith sued for thousands of dollars. Now it has landed her a leading spot on a national ad that will debut during the Super Bowl....

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Bush Budget Would Trim Community Policing

02.01.04 @15:00

WASHINGTON (AP) -- President Bush's budget plan would reduce spending for community police, water projects and other programs popular with lawmakers as well as broad programs ranging from environmental protection to agriculture....

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Unsafe Handling Raises BirdFlu Risk

01.30.04 @08:33

BANGKOK, Thailand (AP) -- Asian countries that have so far escaped the bird flu spreading across the continent stepped up measures Thursday to keep the virus outside their borders....

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Bush Budget Boost Angers Conservatives

01.30.04 @08:00

WASHINGTON (AP) -- Conservatives expressed little surprise, and anger in private, as administration officials said President Bush now estimates the new Medicare overhaul law will cost a third more than projected when Congress passed the legislation last year....

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Pixar, Disney Partnership Talks Collapse

01.30.04 @07:28

LOS ANGELES (AP) -- The collapse of talks between Pixar Animation Studios and The Walt Disney Co. on a new deal pressures both companies to produce hit films at a time of growing competition among computer-animated filmmakers....

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FTC Urges Computer Users to Block Spam

01.30.04 @06:24

WASHINGTON (AP) -- The Federal Trade Commission and regulatory agencies in 26 countries warned hundreds of thousands of computer users Thursday they were unwittingly helping people who send floods of unwanted e-mails.
...

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TECH INDUSTRY HEADLINES

Pixar rises, Roxio falls in evening trading
SAN FRANCISCO (CBS.MW) -- Shares of Pixar rose more than 4 percent in evening trading Wednesday after the animation studio posted a surge in quarterly earnings, while Roxio's stock tumbled on news of a wider third-quarter loss.
5:39 PM ET Feb 4, 2004

Cendant slips past Street Q4 profit view
CHICAGO (CBS.MW) -A virtually across-the-board rise in revenue helped travel and real estate services holding giant Cendant slip past Wall Street estimates in its fourth quarter.
5:26 PM ET Feb 4, 2004

Democrats prepare for next round
WASHINGTON (CBS.MW) -- Sen. John Edwards and Wesley Clark are vying to become the second man in what they hope will become a two-man race with Sen. John Kerry, the frontrunner in the race for the Democratic presidential nomination.
5:16 PM ET Feb 4, 2004

Out with Ma Bell as AT
WASHINGTON (CBS.MW) -- After a long life, Ma Bell has been pronounced dead.
4:53 PM ET Feb 4, 2004

Janus, U.S. financial shares close lower
NEW YORK (CBS.MW) -- Top-tier financial stocks closed lower Wednesday in a broad-based cooling off following several weeks of earnings-driven gains.
4:49 PM ET Feb 4, 2004

Franklin Resources charged with mutual-fund fraud
SAN FRANCISCO (CBS.MW) -- Massachusetts regulators Wednesday filed fraud charges against mutual-fund giant Franklin Resources for allowing a wealthy client to make short-term trades in Franklin-Templeton funds in return for a $10 million investment in a Franklin hedge fund.
4:48 PM ET Feb 4, 2004

Ciena shares fall 17 percent on warning
SAN FRANCISCO (CBS.MW) - Shares of network equipment maker Ciena Corp. slumped 17 percent Wednesday after the company blamed the timing of sales for a single order for a shortfall in its first-quarter revenue estimates.
4:43 PM ET Feb 4, 2004

WebEx climbs 23% on results, outlook
SAN FRANCISCO (CBS.MW) -- Shares of WebEx Communications closed 23 percent higher Wednesday after the company reported better-than-expected fourth-quarter results and issued a strong first-quarter outlook.
4:42 PM ET Feb 4, 2004

Cisco outlook leaves tech stocks battered at close
SAN FRANCISCO (CBS.MW) - Some cautious industry comments from Cisco Systems' CEO John Chambers were all it took to send the tech sector plummeting Wednesday and drag the Nasdaq Composite to its lowest close in a month.
4:42 PM ET Feb 4, 2004

U.S. stocks close lower as tech stocks crumble
NEW YORK (CBS.MW) -- U.S. stocks closed broadly lower Wednesday, with the Nasdaq falling to its lowest level in more than a month after technology powerhouse Cisco Systems said its customers remained cautious about business spending.
4:41 PM ET Feb 4, 2004

H-P to build up software with two buys
SAN FRANCISCO (CBS.MW) - Hewlett-Packard said Wednesday that its purchases of software makers Novadigm and Consera would build up its software arsenal in an attempt to take a bigger portion of the market for managed technology services.
4:41 PM ET Feb 4, 2004

SEC staff to recommend ban on directed brokerage
WASHINGTON (CBS.MW) -- Mutual funds won't be able to pay brokers incentives to tout their shares to investors over shares of another firm, under a new rule being proposed by regulators next week.
4:39 PM ET Feb 4, 2004

Alcatel falls 6 percent ahead of earnings report
SAN FRANCISCO (CBS.MW) -- A day before Alcatel is scheduled to report its earnings, its shares fell 6 percent in U.S. trading as investors worried that the company would not meet expectations.
4:39 PM ET Feb 4, 2004

Oracle's higher bid for PeopleSoft sets up new showdown
SAN FRANCISCO (CBS.MW) -- Oracle on Wednesday raised its bid to buy rival PeopleSoft by more than $2 billion, offering $26 a share -- a price that could ratchet up pressure on PeopleSoft's management to negotiate a deal.
4:35 PM ET Feb 4, 2004

Roxio loss widens in fiscal Q3
SAN FRANCISCO (CBS.MW) -- Roxio Inc., the parent of Napster, reported a wider quarterly loss than its deficit a year earlier because of increased spending at its online music division.
4:33 PM ET Feb 4, 2004

Dollar steady as G-7, Europe rate decision on tap
CHICAGO (CBS.MW) - The dollar stabilized vs. its major rivals Wednesday, helped by upbeat U.S. economic data.
4:28 PM ET Feb 4, 2004

Chip, hardware stocks follow Cisco lower
SAN FRANCISCO (CBS.MW) -- Chip and computer hardware stocks fell Wednesday as a cautious outlook from Cisco Systems sent a wave of selling across the broad market.
4:27 PM ET Feb 4, 2004

Bird flu fears put pressure on Asian stocks
SAN FRANCISCO (CBS.MW) -- A new death attributed to bird flu helped push down Asian stocks in U.S. trading Wednesday.
4:28 PM ET Feb 4, 2004

Cisco kids look to bright side of Q2 report
SAN FRANCISCO (CBS.MW) - Cisco Systems probably would've gotten off easier had the networking giant just bared its breast.
4:24 PM ET Feb 4, 2004

Cisco growth comes up short in comparison to rivals
SAN FRANCISCO (CBS.MW) -- Cisco Systems enjoyed a 15 percent surge in quarterly sales, but even those results failed to impress some investors in light of recent gains made by its rivals, analysts said Wednesday.
4:21 PM ET Feb 4, 2004
AP NEWS

U.S. health officials say fake birth control patch shipped from overseas Web site
2/4/2004 5:50:00 PM

Investors lose enthusiasm as Cisco pushes tech stocks lower
2/4/2004 5:22:00 PM

Pixar earnings soar on popularity of ``Finding Nemo''
2/4/2004 5:00:00 PM

Ford takes over Ohio plant, but keeps ZF as partner
2/4/2004 4:37:00 PM

Oracle raises PeopleSoft bid to $26 per share
2/4/2004 4:02:00 PM

Gold up
2/4/2004 3:35:00 PM

Hyundai continues U.S. expansion with first small SUV
2/4/2004 3:32:00 PM

Northrop Grumman reports flat fourth quarter earnings
2/4/2004 3:20:00 PM

Manufacturing strikes spread through Germany as union fights for better wages
2/4/2004 2:55:00 PM

Telmex CEO says MCI investment strictly financial
2/4/2004 2:17:00 PM

Air Canada expanding its Zip low-cost carrier with more efficient planes
2/4/2004 1:46:00 PM

Massachusetts high court rules civil unions aren't enough, same-sex couples entitled to marry
2/4/2004 12:57:00 PM

Chrysler unveils new mid-size Dakota pickup
2/4/2004 12:32:00 PM

Manufacturing strikes spread through Germany as union fights for better wages
2/4/2004 12:26:00 PM

Northrop Grumman reports flat fourth quarter earnings
2/4/2004 12:04:00 PM

Massachusetts high court rules civil unions aren't enough, same-sex couples entitled to marry
2/4/2004 11:49:00 AM

Eurocorps expected to lead in NATO's Afghan force
2/4/2004 11:46:00 AM

Manufacturing strikes spread through Germany as union fights for better wages
2/4/2004 10:17:00 AM

Polo Ralph Lauren net down 17 percent on charges
2/4/2004 10:12:00 AM

BA saw small drop in passenger numbers last month
2/4/2004 10:00:00 AM
OTHER FEEDS
BBC News

New York Times

eWEEK and Ziff Davis

  • Catching the Big Game by Satellite Feed in Iraq eWEEK Technology NewsKeeping Up With CAN-SPAM Act
    SATELLITES have long brought live broadcasts of the Super Bowl to American troops stationed overseas. But because the military has a limited number of satellite decoders, live bLatest technology news from Ziff Davis, featuring stories from eWEEK, ExtremeTech and PC MagazineCAN-SPAM compliance takes more than good intentions—it also requires nimble databases and comprehensive storage.
  • Revising E-Mail Standards Could Slow Spam
    Getting rid of spam means changing the way e-mail works.
  • Communication Can Take the Bite Out of Phishing
    For companies trying to get their message to business partners, customers and prospects, simply complying with CAN-SPAM legislation may not be enough. The reason: Many spammers are going phishing.
  • Anti-Spam Law Has Yet to Stem the Tide
    Anti-spam laws won't bring relief any time soon, so IT managers must enforce company policies.
  • Social Networking... or Notworking?
    Social networking is on the bubble, with Orkut the latest to spur invites from friends, virtual acquaintances, and "others." I've been watching the Lord of the Rings DVDs with family, and somehow this feels like the gathering of wizards, men, hobbits, orcs, and treefolk in no particular order or trusted reputation. Baseline's Sean Gallagher and I traded thoughts over a href="http://www.buzzword-compliant.com/dotcommunist/2004/02/02.html#a1283">u>iChat IM/u>/a>...
  • Quiz: How Big Is Your Thirst for SODA?
    Services-Oriented Development of Applications (SODA) is a comprehensive approach to developing applications using software services found on the Web. Does your application stand to benefit from a healthy gulp?
  • No Free Lunch: Microsoft Fumbles the Patent Ball
    Microsoft has coupled royalty-free licensing with its Office XML schema patent filings, but the move may turn out to be very expensive indeed.
  • No Free Lunch: Microsoft Fumbles the Patent Ball
    Microsoft has coupled royalty-free licensing with its Office XML schema patent filings, but the move may turn out to be very expensive indeed.
  • Dutch Police Arrest 52 in E-Mail Scam
    Dutch police have arrested 52 people suspected of defrauding gullible Internet users in one of the largest busts of the infamous "Nigerian e-mail" scam.
  • U.S. Army's Morale, Welfare and Recreation Department
    The U.S. Army Community and Family Support Center is the headquarters for the Army's Morale, Welfare and Recreation (MWR) department.

Wired News

  • Politicos React to Wave of Smut
    Racy TV and radio antics -- Janet Jackson's Super Bowl exhibition being the latest example -- drive lawmakers to draft bills to curb on-air indecency. Surely it's just a coincidence that it's an election year. By Randy Dotinga.
  • Create a Hoax, Earn Damnation
    A harmless little joke about turning a shiny new Power Mac G5 into a PC unleashed a torrent of bad tidings, including death threats. By Leander Kahney.
  • Travel Privacy Probe Spins Wheels
    Agencies involved in the transfer of airline passenger data to the government fail to cough up documents, and a promised report is long overdue. By Ryan Singel.
  • Pentagon Kills LifeLog Project
    The experiment designed to record absolutely everything a person sees, reads, buys or does in daily life is dead. But relieved civil libertarians remain wary, worried that the government may perform data-mining projects elsewhere. By Noah Shachtman.
  • The Man Behind the Bucks at GE
    Nanotech? Check. Molecular medicine? Got it. General Electric's Jeff Immelt is building the future, one billion-dollar business at a time. A Wired magazine Q & #038;A by Spencer Reiss.
  • Gadgetry With Cars Attached
    The latest cars are packed with so many cool gadgets that the actual driving seems almost secondary. Also, Lexus tries to give the SUV a friendlier image. John Gartner reports from the Philadelphia International Auto Show.
  • Microsoft 1, MyDoom.B 0
    The software giant fights off an attack designed to cripple its website. But a security expert warns that the virus could be just a taste of malicious code to come.
  • Europe Catches Mars Fever
    The European Space Agency details plans to fly to the moon by 2025 and to Mars by 2035. Says a space agency project manager, 'This is the most exciting space adventure.'

It Facts

  • 62% of online purchases in Q4 were made by women
    Chuck Davis, CEO of BizRate.com, a comparison shopping site that also tracks sales at 2,000 e-commerce sites, believes this past holiday season was a breakthrough for some retailers thanks to a surge in female shoppers. He estimated that 62% of the online purchases in Q4 were made by women, up from 52% a year earlier. For all of last year, 60% of purchases were made by women, compared with 55% in 2002. Many of these online retailers, which tend to be privately held, posted double-digit...
  • 80% of online publishers plan to charge by the end of 2004
    80% of online publishers will be charging for online content by the end of the year, according to the Association of Online Publishers' (AOP) latest membership survey. Figures revealed to NMA show that while 58% of online publishers have already put a price on their Web content, a further 24% plan to introduce charges by 2005. While display advertising provides the largest source of revenue for online publishers (43%), paid-for content brings in 13% and is the second most important source.
  • Taiwan ships 8.2 mln notebooks in Q4 2003
    Taiwan shipments of notebook PCs set a record 8.2 mil units in the fourth quarter of 2003, up 68.4% year-on-year on the back of holiday demand and the replacement of desktop computers, a market researcher says. The figure marked a rise of 28.3% from the previous quarter, said the Market Intelligence Center (MIC), a unit of the Institute of Information Industry. Shipment value totalled 5.3 bil US dollars, up 49.9% year-on-year or up 27.5% from the quarter before.

CNET: news.com

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