Recent Articles
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Supply Chain Affirms Intel Statement: PC Market Bottoming Out
Recent statements from processor maker Intel (NASDAQ:INTC) and electronics and IT distributor Avnet (NYSE: AVT) that PC sales may have hit bottom may not be so far off the mark, even if processor maker AMD (NYSE: AMD) disagrees. Supply chain checks this month into second quarter PC builds with the top five notebook original design…
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IBM Global Financing Extends $2B in Stimulus Fund Credit
IBM Global Financing is adding another $2 billion in credit available to end customers over and above the approximately $40 billion it offers them each year, in an effort to jumpstart any IBM-related IT projects that may be awaiting economic stimulus funds expected to become available as a result of the American Recovery and Reinvestment…
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FalconStor Reports Flat Revenues, Net Loss
FalconStor Software (NASDAQ: FALC) , a provider of disk-based data protection, announced slightly lower revenues for its first quarter—$21 million, compared with $21.8 million for the same period a year ago. FalconStor reported a net loss of $900,000, or 2 cents per share, compared with a net income of $1.3 million, or 3 cents…
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IT Security Vendor Websense Reports Higher Q1 Revenues
At a time when most companies are offering explanations for revenue declines and lowering guidance for the upcoming quarter, Websense ((NASDAQ: WBSN) offered the first positive technology story of the week. The provider of integrated Web, data and e-mail security solutions reported first-quarter revenue of $81 million, an increase of 21 percent from the first…
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Cablevision’s 101M-bps Broadband a Boon to Hosted Services
One of the biggest barriers to adopting hosted services has been bandwidth. Most businesses have had to pay through the nose to get the bandwidth needed to effectively use a hosted service, while others have found that the speeds needed are out of financial reach. Cablevision, in a roundabout way, is solving that problem for…