By Stephen Lawson, IDG News Service\San Francisco Bureau 23 Jul, 2008
EMC's revenue grew 18 percent in the second quarter ended June 30, a result the company attributed to massive growth in the data enterprises need to store. read more »
By Juan Carlos Perez, IDG News Service\Miami Bureau 23 Jul, 2008
Yahoo reported a modest revenue increase and a considerable drop in profit for its second quarter, along the way missing Wall Street's expectations in both categories, results that are unlikely to please its nervous shareholders. read more »
By Stephen Lawson, IDG News Service\San Francisco Bureau 23 Jul, 2008
Brocade Communications Systems' planned US$3 billion acquisition of Foundry Networks is a major strategic move in a brewing war over the future of data-center connectivity, industry analysts said Tuesday. read more »
By Elizabeth Montalbano, IDG News Service\New York Bureau 22 Jul, 2008
VMware reported revenue that slightly missed analyst expectations for its 2008 second quarter, a crucial period during which the virtualization leader ousted its cofounder from the CEO spot and lowered its revenue forecast for the year. read more »
By Michael Malakata , IDG News Service\Lusaka Bureau 22 Jul, 2008
Zimbabwean Sindiso Ngwenya has been appointed CEO of the Common Market for Eastern and Southern Africa (COMESA), an organization working to harmonize ICT regulations and policy in the region. read more »
By Remmy Nweke, IDG News Service\Lagos Bureau 22 Jul, 2008
The management of Transnational Corporation of Nigeria (Transcorp) announced on Monday the appointment of Kevin Caruso, an American telecommunications guru, as the new CEO and managing director of Nigerian Telecommunications (NITEL). read more »
Apple executives last night warned that the company's profit margins would be impacted by a top-secret product transition it has plan for around September. read more »
By Stephen Lawson, IDG News Service\San Francisco Bureau 22 Jul, 2008
Storage networking company Brocade Communications Systems has agreed to acquire enterprise LAN vendor Foundry Networks for approximately US$3 billion, the companies announced Monday. read more »
By Agam Shah, IDG News Service\San Francisco Bureau 22 Jul, 2008
Apple reported solid third-quarter earnings on Monday, buoyed by strong iPod and iPhone sales, but a weak forecast for the fourth quarter pushed its stock lower in after-hours trading. read more »
In Johannesburg (or Jozi), street lights work and are obeyed; the computerized system has cracked down on all errant motorist until they have all towed the line. I even commented to a friend that we need such a computerized system in Kenya, but we have to get rid of the thugs who carjack motorists at night before we can obey lights at night. read more »
