New products will best rumours; Apple
Tight-lipped Apple Computer has stirred up a storm of speculation about new products ahead of its major trade show this week by promising to top the best that Internet rumour sites have dreamed up.

Merrill sees 3 percent spur in IT spending
Corporate spending on technology is expected to inch ahead 3 percent in 2002, Merrill Lynch said, as companies refocus their priorities amid ever-tightening budgets and a heightened emphasis on security.

Wireless firms look to revive NextWave deal
Mobile telephone companies are looking for a way to revive a settlement resolving the dispute over wireless licenses held by bankrupt NextWave Telecom but first want signals from Congress it will approve, people familiar with the situation said.

EMC seeks rebound in ‘02 with data software
In the late 1990s and 2000, data storage systems maker EMC was on a roll, as the explosive expansion of the Internet fuelled a commensurate increase in electronic data—and a need for machines to store all that information.

Japan chipmakers to build joint plant
Eleven of Japan’s major semiconductor makers, including Hitachi and NEC, are investigating a possible joint company to produce next-generation chips, the Japanese media said.

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