eWEEK EDITORS

Despite fourth-quarter sales that were nearly $1 billion below expectations, IBM met Wall Street profit projections to close out what executives admitted was a “tough year.” In a potentially more ominous sign for the industry, IBM offered no projections for the coming year, citing continued economic uncertainty. For the quarter, net income for the giant […]

Unconcerned with their vendors corporate problems like delayed launches, lawsuits and security holes, the two major user groups for Microsoft Corp. SQL Server products are busy planning for 2002 and beyond. Issues like education, usability suggestions and community technical support for SQL Server–the enterprise database from Redmond, Wash.-based Microsoft–are hot topics for the independent Professional […]

Compaq Computer Corp. surpassed even raised Wall Street expectations in posting a $92 million profit for the quarter, and offered a cautiously optimistic forecast calling for IT spending to pick up in the second half of the year. In addition to detailing the Houston computer makers financial results, Compaq Chairman Michael Capellas used a conference […]

Intel Corp. named veteran Paul Otellini to the newly-created post of president on Wednesday, placing him next in line for the CEO spot. “Its part of the normal succession planning,” an Intel spokesman said. “Before Barrett became CEO (in 1998), he held the title of president and chief operating officer.” Otellini, 51, will join chief […]

Filling a small hole in its product offering, enterprise data storage giant EMC Corp. will share APIs with NSI Software. The deal, announced on Tuesday, gives Hoboken, N.J.-based NSI—or Network Specialists Inc.—the ability to port its popular DoubleTake replication software to EMCs midrange Clariion series of direct-attached storage hardware. With its own product, SRDF, EMC […]

Despite a 77 percent plunge in year-over-year profits, Intel Corp. topped Wall Street expectations for the fourth-quarter, enabling the chipmaker to conclude an otherwise sour year on a positive note. Excluding one-time charges, Intel posted a profit of $998 million, or 15 cents a share, significantly higher than the 11 cents per share projected by […]

Hewlett-Packard Co. plans to pay about $575 million to more than 6,000 employees to dissuade them from abandoning their jobs should the company complete its $25 billion buyout of Compaq Computer Corp. The retention agreements are designed to assure that key executives and employees will stay on at the merged HP for at least a […]

Business is becoming more complex, and enterprises are under a lot of pressure to more accurately and consistently manage their money. Softrax Corp. said it has the answer. The Canton, Mass., company has launched its Revenue Management Module, which enables companies to more easily understand and forecast their financial futures and simplifies compliance with various […]

For e-commerce sites, gearing up to take orders from wireless devices can be costly, complex and time-consuming. Clickmarks Inc. has a product designed to make all of that easier. M-Commerce ToolKit, which is available now via a software license or as a service from the Fremont, Calif., company, enables enterprises, service providers or wireless carriers […]

In position Thales Navigation and Rand McNally Inc. have partnered with Palm Inc. to launch a Global Positioning System offering for Palm m500 handheld devices. On the map The Magellan GPS Companion, which features Rand McNallys Streetfinder Deluxe software, creates and exports a directional route to a Palm m500 and provides audio-prompted, turn-by-turn directions on […]