Business Tech

Updated at 3:45 p.m. PST with Intel comments.

On Tuesday, an EU court rejected Intel's bid to delay a deadline for the chipmaker to address antitrust concerns.

In October, Intel filed a petition with the Court of First Instance, Europe's second-highest court, asking for a delay in the investigation by the European Commission so the company could gain access to additional documents to bolster its defense.

The world's largest chipmaker is accused by the European Commission of giving rebates to a large retailer with the aim of discouraging the retailer from using chips from rival … Read more

EMC hit its mark of $4 billion in revenue for the fourth quarter, its highest-ever quarterly total.

The storage giant had said earlier this month, in its preliminary forecast for the quarter, that it expected to reach that level. On that same occasion, it announced that it would cut 2,400 jobs.

For the quarter ended December 31, EMC posted revenue of $4.02 billion, up 5 percent year over year and up 8 percent from the third quarter. Net income for the Hopkinton, Mass.-based company was $288.0 million, or 14 cents per share (including a 10 cent … Read more

Recently the tech industry has been all a buzz about Cisco entering the server market. What would this mean to Cisco's relationship with large server vendors?

It didn't take long to get an answer. Monday, Hewlett-Packard took another step toward enterprise networking when it announced a new family of data center switches and a new alliance program called the ProCurve Open Network Ecosystem (ONE) with partners like Avaya, F5 Networks, McAfee, and Riverbed. This activity follows HP's wireless acquisition (Colubris) and its reorganization to place ProCurve within its Technology Solutions Group of other enterprise products.

Yeah I … Read more

VMware reported Monday a 25 percent jump in fourth-quarter revenues and an increase in its quarterly net profit, despite recessionary times gripping the economy.

The virtualization software maker generated fourth-quarter revenues of $515 million, up by double digits over the same time a year ago. That performance beat analysts expectations of $512.3 million, according to Thomson Reuters.

VMware posted fourth-quarter net profits of $111 million, or 29 cents a share, compared with profits of $78 million, or 19 cents a share, a year earlier. Wall Street was expecting earnings of 26 cents a share, according to Thomson Reuters.

"… Read more

Lucid Imagination, an open-source enterprise search company, is looking to compete with established players like Autonomy, Microsoft's Fast, and Endeca, but the target is already shifting.

Paula Rooney highlights Lucid CEO Eric Gries' open-source enterprise search plan: be the Red Hat of enterprise search.

Lucid, which just emerged from stealth mode with $6 million in funding, had already lined up some big customers like Hewlett-Packard and FedEx.

But let's fast forward a bit. Like Red Hat, Lucid will start in one area and need to expand into new adjacent markets. Red Hat can offer a stack of software … Read more

Yet another electronics maker is recording a rare quarterly loss.

Sony and Samsung last week reported their first ever losses. Now, it is Philips' turn for some bad news. The European company said Monday it lost $1.9 billion during the last quarter of 2008, with sales decreasing by 9 percent from the same quarter the previous year. As a result, Philips said it plans to cut 6,000 jobs this year. The company last reported a loss in 2003.

"What is quite amazing is not so much the depth of slowdown, it's the lack of visibility there … Read more

IBM on Monday announced that it has partnered with three universities to develop one of the first cloud-computing platforms in the Middle East.

Big Blue, along with Carnegie Mellon University, Qatar University, and Texas A&M University in Qatar, plans to use the Qatar Cloud Computing Center to handle advanced research for search, data mining, scientific modeling and simulation, computational biology, and financial modeling.

"This will help us realize our vision of developing, evaluating, and extending a cloud-computing infrastructure in Qatar, to target regional applications and projects to help advance research," Majd F. Sakr, an associate professor … Read more

Chances are pretty good that once Intel Chairman Craig Barrett formally retires in May, he'll head straight for Montana just as the snows are melting and the rivers are high.

The avid fisherman, who served as Intel's fourth chief executive officer until three years ago, seems equally at ease discussing how to create some of the most complex structures known to man and the best way to tie a fly. The company announced Friday that Barrett will step down as chairman of the board of the world's largest chipmaker, three years after turning over the CEO post … Read more

Updated on January 26 at 9:50 a.m. PST with additional information about ACP and TDP thermal-envelope ratings.

Advanced Micro Devices on Monday released low-power and high-performance processors that will find their way into servers from Hewlett-Packard, Dell, Sun Microsystems, and Rackable Systems.

The new server processors are updated versions of AMD's 45-nanometer Shanghai processor.

"When we first came to market, we brought out the standard-power (Shanghai processors) because that's where the bulk of our market is," John Fruehe, the director of business development for server and workstation products at AMD, said in an interview. &… Read more