Richard Adhikari

As the financial crisis persists and companies snap up their peers at discount prices, they might be getting more than they bargained for. That’s because apart from the regulatory and financial issues, a merger or acquisition also involves a host of technology challenges. Just in the financial sector alone, mergers and acquisitions (M&As) have been […]

Despite the financial meltdown during the last part of its third fiscal quarter, VMware chalked up record revenues, with the $1.4 billion in revenue coming in so far this year exceeding its total for 2007. Net income was $83 million, or 21 cents per diluted share, up almost 28 percent from the $63 million, or […]

Further upping the ante in its war with VMware for the virtualization market, Microsoft today confirmed that System Center Virtual Machine Manager (SCVMM) 2008, the management piece of its virtualization product line, has been released to manufacturing (RTM) in advance of it becoming available for purchase. Microsoft said SCVMM 2008 is slated to go on […]

Today, 2,000 chief financial officers (CFOs) at corporations around the country will get a copy of an action guide that will help them deal with cyber attacks. Not chief security officers or chief information officers, but chief financial officers. There’s a reason for that choice. Despite the highly publicized losses due to a data breach […]

In a sign that cybercrime can reach even heads of state, French police are scrambling to investigate the hacking of French president Nicolas Sarkozy’s personal bank account. According to reports, Sarkozy called police in September after he noticed small amounts of money had been disappearing from his account. The story first surfaced yesterday in a […]

With concern over internal data breaches and compliance growing, Sun Microsystems today rolled out Sun Identity Compliance Manager to tackle these problems. This offers role management by “building on Sun’s (NASDAQ: JAVA) Identity Manager 8.0 announcement in the summer, and it wraps in the role management capabilities they acquired from Vaau earlier this year,” IDC […]

In a wide-ranging and sometimes-combative interview with two Gartner analysts yesterday, always-feisty Microsoft CEO Steve Ballmer touched on various points that have kept the grapevine buzzing. He dismissed Google (NASDAQ: GOOG) as a competitor and re-opened the door to a team-up with Yahoo (NASDAQ: YHOO). Ballmer also defended Windows Vista and Windows 7, said Microsoft […]

IBM on Thursday reported third-quarter net income rose to $2.8 billion, or $2.05 per share, from the $2.4 billion, or $1.68 per share, it reported a year earlier. Revenue for the quarter rose five percent to $25.3 billion. The results were in line with the preliminary figures released last week, done mostly to help calm […]

The latest chapter in the legal saga surrounding Oracle’s claims of industrial espionage against SAP today saw the defendant calling for a dismissal of some of the claims filed by Oracle earlier this month. [cob:Special_Report]In a motion filed today, SAP (NYSE: SAP) argued that many of Oracle’s (NASDAQ: ORCL) claims in its third amended complaint, […]

On the heels of reporting a murky outlook ahead for several areas of its business, chip giant Intel is laying out a bit of cash to give itself a better hand in networking. Intel (NASDAQ: INTC) said it purchased the assets of network connectivity solutions company NetEffect for $8 million, with an eye to further […]

YouTube today rejected a request by the McCain-Palin campaign to give special consideration to videos posted by political candidates and campaigns on its site. McCain’s campaign general counsel Trevor Potter, wrote YouTube complaining it removed four of the campaign’s videos after receiving takedown notices from various media organizations alleging the videos violated the Digital Millennium […]

Independent software vendors are flocking to fill the various gaps in functionality in Microsoft Office SharePoint Server (MOSS). Although it is a billion-dollar business with 100 million users, MOSS lacks several capabilities, according to Tony Byrne, founder of analyst group CMS Watch. “Now that SharePoint 2007 has been out for nearly two years, enterprises are […]