Sun Being Acquired by Oracle

Oracle and Sun Microsystems are poised to tie the knot after Oracle this morning said it’s making a $9.50 per share offer in cash for the embattled server and Java player. The total price of the deal will be approximately $7.4 billion, but since Sun brings $1.8 billion of net cash to the deal, the…

Open Source Cloud Storage Billows

To get seven copies of a particular piece of content distributed online, typically it has required a network to have seven physical copies of the data. But what if you could have seven copies available while having less than two copies’ worth of data on the network? That’s been the promise of open source storage…

Gartner Calls for Grim Spending Contraction

Gartner’s latest analysis of the direction of global IT spending during 2009 released March 13, includes significant downward revision to its last market growth forecasts, which were made at year-end 2008. In an advance look at its forthcoming 1Q09 update, Gartner’s preliminary forecast is that IT spending during 2009 will decline by 3.7%. The sharp…

Stimulus Plan Gets Nod from Tech

Industry groups and advocacy organizations are heartened by the Senate’s passage of the economic stimulus package, and appear hopeful that key IT provisions will remain intact as negotiators work swiftly to reconcile the House and Senate versions of the bill in conference. The Senate version of the bill, which carries a price tag of $838…

New Framework Designed to Optimize IT Value

The Innovation Value Institute (IVI) at National University of Ireland (NUI) Maynooth today announced the launch of the IT Capability Maturity Framework (IT-CMF). The IT-CMF provides a concise management roadmap to optimize business value derived from IT investments. This unique framework has been proven to deliver greater business value from IT while reducing the complexity…

Software Can’t Keep Up with Chip Speed

An Explosion of Parallelism “You can go up and down the line and see the problems are all in software,” said Claunch. “We are going into an explosion of parallelism, and we had not grown at that rate in the past. The same piece of software might scale well up to 16 processors, but after…

Software Can’t Keep Up with Chip Speed

With the number of chips per server and cores per chip increasing, future generations of servers may end up with way more processing power than the computer could possibly utilize, even under virtualization, Gartner has found. The research firm issued a report on the issue earlier this week. This doubling and doubling again of cores…

Get Ready for Inauguration Spam

Photo credit: Reuters As the nation prepares for today’s historic inauguration of President-elect Barack Obama, antivirus vendors are gearing up for a flood of spam and malware-laden Web sites that aim to capitalize on the event. Malware authors have long been eager to leverage interest in current events, most recently the fighting in Gaza. Last…

Tech Firms Still Ready to Deal

HALF MOON BAY, Calif. — The financial crisis, now officially a recession, isn’t slowing some tech giants’ interest in acquisitions. Investment officials from a cross section of tech heavyweights agreed in a panel discussion here that the economic downturn isn’t swaying their interest in doing deals. “We won’t shy away from deals because of the…

Obama Names Tech Execs to Transition Team

President-elect Barack Obama has tapped two prominent tech executives to serve on his transition team to build the infrastructure for the next administration. Advising Obama will be Julius Genchowski, the managing director of venture capital firm Rock Creek Ventures and a former general counsel for IAC, and Sonal Shah, who heads global development for Google.org,…