Michael Singer

South Africa’s largest security provider, Dynamic Recovery Services (DRS) Monday authored an agreement to have McAfee Software for help with its customers. Santa Clara, Calif.-based McAfee, a division of Network Associates says it will offer its ASaP’s Web-based gateway and desktop managed anti-virus services to DRS customers as part of the deal. The Web-based services […]

E-business infrastructure software maker BEA Systems, Inc. Tuesday promoted its co-founder Alfred Chuang to CEO. Chuang is replacing his friend and BEA co-founder and chief strategy officer Bill Coleman who will stay with the company to take part in strategic decisions for the company in cooperation with the board and executive management team. Coleman will […]

George Shaheen, the man who left Webvan with one of – if not the best severance packages in Internet history, is making a comeback of sorts. This time as a board member at Closedloop Solutions, a Redwood City, Calif.-based firm that specializes in Web-based applications for chief financial officers and the financial planning sector. The […]

PayPal Friday announced it would like to do something that very few privately held companies are doing these days – filing for an IPO (initial public offering of common stock). The Palo Alto, Calif.-based online payments provider says Salomon Smith Barney Inc., Robertson Stephens, Inc. and William Blair & Company, L.L.C are managing the request. […]

Excite@Home Friday says it has commenced a Chapter 11 bankruptcy case in a San Francisco court and then agreed to sell its broadband Internet business (the @Home part) to its largest investor, AT&T for the cool sum of $307 million. Meanwhile, AT&T late Friday confirmed that it, in turn, has entered into a confidential agreement […]

After several months of speculation that the company was on its last legs, Exodus Communications Wednesday made it official and filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The Santa Clara, Calif.-based company that hosts, manages and services other companies’ Web sites will also get up to $200 million in […]

As part of its strategy to beat rival IBM in the server marketplace, Sun Microsystems Tuesday says it has acquired the mainframe rehosting business of Critical Path . The acquisition, code named “Blue Toast,” includes some of Critical Path’s non-core technology and software such as its InJoin TRANS, BATCH and PATH3270 products. With the acquisition, […]

Just like a lot of other companies DevX, which provides information and services for the corporate IT development community, is jumping on the .NET bandwagon. In a nutshell, .NET is Microsoft‘s effort to move its developers, products, customers, and services from the client-server computing model to Microsoft’s vision of the Web services model. So, the […]

The Industry Standard fetched a combined price of $1.4 million from two buyers during an auction at a San Francisco bankruptcy court Monday. Holding up their bidding paddles the longest were representatives from AOL property Time Inc. and Boston-based International Data Group (IDG), which owned the new economy publication until it got $30 million in […]

Time for a quick quiz. When do one and one make one? Ask Jeeves , the question and answer search engine, says the answer is its new Web-based software tool called JeevesOne, available now. The server software, released Monday, combines the company’s traditional ASP self-service search software with newly infused customer relationship management (CRM) tools. […]

In a move that targets mobile business professionals, Cisco Systems says it has worked out a partnership to put its Aironet 350 Series Wi-Fi (IEEE 802.11b) technology in some Toshiba Computer notebooks. The San Jose, Calif.-based computer-networking equipment maker says putting its technology in Toshiba Tecra 9000 Series and Portege 4000 Series notebook PCs allows […]

eWork Exchange, which makes Internet-based purchasing, managing and payroll software, Wednesday says it has purchased Mountain View, Calif.-based Brava Services. San Francisco-based eWork’s flagship product, ProSource, is an end-to-end purchasing platform for sourcing, hiring, managing and payrolling the enterprise-wide contingent workforce. The plan is to fold Brava’s technology into eWork’s platform. “In acquiring Brava, eWork […]