California, US based Oracle; one of the world’s top financial companies has created a new business unit targeted to the financial services industry...

Two weeks after launching the Safari web browser for Windows, Apple has once again fixed new holes in its web browser. Apple launched a new security update to fix the hole....

The world’s largest software maker Microsoft Corp. will invest in Chinese electronics maker Sichuan Changhong Electric Co. Ltd. as part of a project to link televisions and consumer entertainment devices with the Internet.

Within 48 hours of its first launch, the windows version of Safari Internet browser, was downloaded one million times, Apple Inc has said.

Red Hat has released its Fedora 7 Linux operating system. The difference in this version as opposed to its predecessors is that it has a more open development chain. "Red Hat still has protocols to follow, but trusted community members can now help to maintain the Fedora packages...

CCID Consulting, China's research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong, forecasts that dual core CPUs will be the popular norm in China after the summer vacation sales promotion. CCID Consulting's latest Analysis...

Novell is worried that Microsoft will put a stop to selling Suse Linux platforms if the third version of the General Public License remains in its current form. "If the final version of GPLv3 contains terms or conditions that interfere with our agreement with Microsoft or our ability...

Microsoft can’t make up its mind whether it wants to maintain amicable relationship or an estranged one when it comes to Novell and the open source community. CEO, Steve Ballmer, has again pointed fingers at the Linux community of infringing 235 untested patents...

Microsoft and Novell have decided to work on their partnership positively rather than point fingers at each other constantly. Both the companies have made joint statements saying that Microsoft is making way for Linux adoption at places like Wal-Mart and Nationwide Bank...

Demand for new PCs has not been impacted significantly by Microsoft Vista's delay and subsequent release, reports In-Stat. The worldwide PC market is still on track for 300 million units sold in 2009, the high-tech market research firm says...

Red Hat Chief Executive Matthew Szulik is of the opinion that software patents are retarding the speed of innovation. "In the last 30 years, we've continued to see patents really being a challenge to innovation. The industry moves much faster than a remedy process," Szulik said...

Microsoft has rolled out a new collaborative effort with the Beihang University (Beijing University of Aeronautics and Astronautics) and others to create an open source translator project between China’s Unified Office Format (UOF) and the Ecma Open XML File Formats. In addition...

JasperSoft has rolled out three new commercial open source reporting products—JasperReports Professional Edition, JasperReports Developer Edition, and JasperStudio Professional Edition. The products provide commercial quality and fully supported report-building tools, including...

Nexaweb, a provider of the leading standards-based platform for building and deploying Enterprise Web 2.0 (EW2.0) applications, has launched a new set of product features designed to help Java, J2EE, Flash, Swing, Struts, JSF, and SWT software developers build Ajax and composite applications...

Oracle, IBM and NEC have joined hands to set up an association to sell servers and systems with Linux operating system in Japan, a financial daily, Nikkei, said. This venture appears to be rather strange as all three players have a big role to play when it comes to traditional...

Red Hat, a provider of open source solutions, has rolled out its middleware strategy to drive the next migration to Open Source Architecture with the announcement of an agreement to acquire MetaMatrix and the introduction of new JBoss offerings. Last month's delivery of Red Hat...

A provider of open-source database, MySQL, has hit an estimated USD 50 million in revenue. The company is planning on becoming a publicly traded company. "It's still in the pipeline," Chief Executive Marten Mickos said. “We’re making good progress, doing all the things we need to get...

IBM has introduced an open beta version of a virtual Linux environment that enables x86 Linux applications to run without modification on POWER processor-based IBM System p servers. Once released, the technology—called the IBM System p Application Virtual Environment (System p AVE)...

Microsoft has released a free trial service for enterprise customers to experience Microsoft Exchange Server 2007, the platform for e-mail, calendaring and unified messaging. The trial service will be implemented and managed by Unisys, a technology services and solutions company...

Google has wheeled out a new Asynchronous JavaScript and XML (AJAX) API. This launch is aimed to help AJAX developers add Atom and RSS feeds to Web applications or blogs. According to Bret Taylor, Google's group product manager for developer products, the AJAX Feed...