Computer industry
Lenovo, the Chinese tech company, plans to expand its reach worldwide and become the best-known computer brand, according to its chairman Yuanqing Yang. With a focus on growth in emerging markets, particularly Brazil, India, and Russia, Lenovo aims to increase its market share beyond China, where it currently dominates computer
Computer industry
Stibo Catalog, a leading provider of product content management and publishing solutions, has announced the commercial availability of STEP 4.7, the next generation of its product content management and publishing solution for product- and catalog-centric businesses. STEP 4.7 includes support for Adobe InDesign and enhanced creative publishing capabilities,
Computer industry
Former CEO of Newisys and CTO of IBM's PC Division, Phil Hester, has joined AMD as chief technology officer, reporting directly to Dirk Meyer. Hester will focus on defining and implementing AMD's future microprocessor vision and innovation priorities, with a three-decade industry experience in system and
Computer industry
Nortel is building a converged voice, data, and multimedia networking infrastructure to track the flood control and drought relief systems of five major mainland water resource utilities in China. The project aims to help the utilities monitor the mainland's flood-prone and drought-stricken areas. This is a significant development,
Computer industry
U.S. Judge G. Patrick Murphy of the Southern District of Illinois approved a settlement agreement on August 8, 2005, which requires IBM to provide additional pension benefits to current and former employees and their beneficiaries who alleged that IBM's Personal Pension Plan violated ERISA's anti-backloading
Computer industry
IBM Corp. and Hewlett-Packard Co. maintained their respective positions at the top of the market for servers in the second quarter, while Dell Inc. continued to narrow the gap. IBM's revenue increased 4.6 percent to $3.7 billion, accounting for 30.4 percent of all server revenue.
Computer industry
IBM Tivoli Monitoring 6.1, a new software release, is setting the stage for IT automation to reduce labor costs, thanks to its full integration of Tivoli and acquired Candle Omegamon technology. This innovation brings together cross-platform integration among IBM zSeries mainframes and products below, including Intel Servers, making IBM
Computer industry
Sun Hung Kai Financial Group (SHK) is offering investors a new type of bond with yield-boosters linked to the performance of HSBC shares. The bond, part of SHK's latest launch, is a multi-currency mini-bond "credit-linked" to China and the bonds of six major companies. This innovative
Computer industry
Chinese telecom companies, Huawei and ZTE, are attempting to increase their international presence, driven by the Chinese government's policy to promote bigger companies to compete globally. Despite mixed results from similar efforts, such as the unsuccessful bid for US oil company Unocal, ZTE has successfully signed deals with
Computer industry
VMware, the leader in virtual machine software, aims to create an industry standard by sharing its underlying engine with major partners like IBM, Intel, and Hewlett-Packard. This move comes as Microsoft prepares to enter the market with its next version of Windows. The partnership will allow the companies to modify
Computer industry
Indian software startups are gaining momentum, driven by growing demand and investment from global companies. According to recent data, revenue from research and development and software sales increased 30% in 2004 to $3 billion, a significant jump indicating the sector's potential. Oracle's $316 million investment in
Computer industry
Adobe's Intelligent Document Platform (IDP), an e-form technology, has been making waves in the industry by assisting large companies in automating forms processing. DNA Financial and Safeco Insurance are among the notable clients that have benefited from IDP's capabilities. CNA, a leading insurance company, has chosen
