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MS
unveils new media products
Microsoft founder and chairman Bill Gates unveiled new initiatives
designed to further the company’s vision of turning homes into
digital media networks linked to its software, video game machine
and Internet services.
Apple
unveils redesigned iMac
Apple Computer launched a lamp-shaped computer in a radical
redesign of its most popular desktop, the iMac, which now sports
a dome shaped base sprouting a twisting turning flat-screen monitor.
Intel,
AMD square off with new chips
Intel and Advanced Micro Devices, fierce rivals in the microprocessor
market, unveiled their smallest and fastest-ever chips, enabling
more powerful applications, such as games, streaming music and video,
and office software packages.
Cisco:
Health of economy still unclear
Communications equipment maker Cisco Systems said the prospects
for growth in the economy and industry were unclear, but it still
expects to expand its market share and make several small acquisitions
to fill in gaps in its product portfolio.
MS:
Xbox on track for Japan, Europe sales
Microsoft is on track to begin selling the Xbox game console
as scheduled in Japan and Europe in the next two months after a
sell-out North American debut, the head of the company’s game
division said.
IBM
growth tied to services
IBM
has been known mainly for its large mainframe, server and personal
computers, but with corporations clamping down on technology budgets,
IBM’s growth may increasingly depend on the broad-reaching
services it sells with those systems.
Kodak
forms wireless technology company
Photo giant Eastman Kodak, making good on plans to squeeze value
from its research, said it would create a new company to develop
products for efficient, wireless transmission of high quality video,
photographs and data.
Fiorina
defends HP-Compaq merger
Hewlett-Packard chief executive Carly Fiorina defended her merger
plan and claimed the mantle of HP’s founders in her first major
public appearance since founding families united against the $24.4
billion deal to buy Compaq Computer.
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