InternetNews Staff

A cross-section of industry groups and individual companies issued a letter to the United States Senate Foreign Relations Committee today, urging ratification of the Convention on Cybercrime adopted through the Council of Europe. The coalition, which includes the Cyber Security Industry Alliance (CSIA), Bankers’ Association for Finance and Trade, the Business Software Alliance (BSA), the […]

Rising database sales were the bread and butter behind Oracle’s fiscal fourth quarter profit, but the PeopleSoft division also played a key role in the company’s results. Net income for the quarter ending May 31 was $1.02 billion, or 20 cents per share, a 32 percent increase over the year-ago period. Total revenues were $3.88 […]

Reversing an earlier loss to a World Trade Organization panel, the United States has prevailed in a trade dispute involving subsidies provided by the government of Korea to Hynix, a Korean manufacturer of memory semiconductors. In its ruling, the WTO Appellate Body said a WTO panel was incorrect in concluding that U.S. duties on Hynix […]

Is the information technology industry a bastion of white males? A new study released Wednesday says women and most racial minorities are “significantly underrepresented” in the IT workforce. According to the Information Technology Association of America (ITAA), the percentage of women in IT declined by 18.5 percent since 1996 while some minorities are underrepresented in […]

Semiconductor players Integrated Device Technology and Integrated Circuit Systems are merging in a deal valued at $1.7 billion in cash and stock. The deal, announced Wednesday evening, is billed as a strategic merger that brings together two companies that specialize in timing devices for a variety of computing products. One goal of the marriage is […]

Semiconductor sales in 2005 are heading for a bigger year than previously thought, thanks to growth in cellular telephones, personal computers, digital televisions and digital cameras. As a result of sales so far this year, the Semiconductor Industry Association (SIA) issued a revised forecast projecting that worldwide sales of semiconductors will grow by 6 percent […]

Network specialist Cisco and aerospace giant Boeing will join forces to develop systems for the military under a new 10-year partnership. Under the alliance, Cisco will provide network hardware and software plus consulting and engineering services to mutual customers. Boeing will be the lead systems integrator. The pact is non-binding and financial details were not […]

Auction giant eBay will buy comparison-shopping site Shopping.com for $620 million in cash, the companies announced late Wednesday. The acquisition “will allow us to provide even more opportunities for our sellers,” Bill Cobb, president of eBay North America, said in a statement. “Shopping.com’s comparison technology simplifies the online shopping experience, and the Epinions community of […]

Chip company Transmeta has sold its Crusoe product line to Culturecom of Hong Kong. The deal, estimated at $15 million, will help Transmeta strengthen its ties in the Asian region, where it has spent most of the past year building out its presence and chip business. Transmeta opened two new Asia-Pacific regional offices in order […]

5G Wireless Solutions says its Cellular Approach base stations for Wi-Fi are designed for campus networks and hotzones that need extra coverage. The products use an antenna array similar to that of a cell tower to cover a large geographic area by segmenting it into 120 degree sectors. The company claims it can get distances […]

Cisco issued a patch for a domain name system vulnerability that could put some of its routers and Voice Over IP products at risk for exploits. According to the UK-based National Infrastructure Security Co-ordination Centre, which reported the flaw Tuesday, the vulnerability could leave some systems open to a Denial-of-Service attack after receiving and processing […]

Federal agency spending on IT security will grow by 20 percent over the next five years, according to a report issued by government analyst INPUT. The growth rate will take IT security spending from $6.1 billion this year to $7.3 billion in 2010. “Over the past few years we have seen a rise in crippling […]