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Ellison start-up introduces storage system
News Pillar Data Systems takes on storage market with low-cost product and US$150 million from Larry Ellison.
Tags: Storage
IBM fund retrains to fight U.S. job drain
News IBM CEO Samuel Palmisano on Monday announced a $25 million fund dedicated to training Big Blue's employees and business partners, part of the company's efforts to make the U.S. technology industry more competitive globally.
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S'pore sets up S$30m fund for local businesses moving online
News The Info-communications Development Authority of Singapore (IDA) and the Singapore Productivity and Standards Board (PSB) have put in place a S$30 million incentive program for the next two and a half years to help local businesses move online.
E-commerce start-up Ecquaria clinches US$9m investment
News Local e-commerce software firm Ecquaria Ltd raised US$9 million from institutional investors in its second round of funding, the company announced today.
Time to spend RM2.7b on network
News Time Engineering Bhd., manager of Malaysia's biggest fiber optics network, said it plans to spend RM2.7 billion (US$710 million) to expand its network as it looks to boost its subscribers fivefold by 2003.
Intel invests more in China
News Chipmaker puts money from its US$200 million Intel Capital China Technology Fund into three Chinese companies--its first investments from the special fund.
Tags: Processors, Personal broadband, Investments
HomeGrocer pulls in funding for expansion
News
Nasdaq sets another record as Dow slumps
News
SCV might bring forward IPO plans to fund S$50m voice over IP network
News Broadband service provider Singapore Cable Vision (SCV) said it might bring forward plans to list the company on the Singapore Exchange, previously forecast to be nine to 21 months away.
CMGI, Hicks Muse, PCCW form alliance
News CMGI Inc, an Internet venture-capital company, along with Hicks, Muse, Tate & Furst Inc and Pacific Century CyberWorks Ltd formed a partnership to invest US$1.5 billion in Internet companies outside the US.
Investments will take bite out of Intel earnings
News Intel is about to learn that when it comes to investments, what goes up eventually comes down.
Linux is dead, long live Linux
News The initial euphoria may have faded, but it's just the beginning for Linux as a mass-market contender, says one leading proponent.
Eazel lays off more than half its staff
News The company that is trying to make Linux as consumer-friendly as the Macintosh lays off 40 of about 75 employees amid a drive to secure more funding.
Prominent analyst launches Net investment firm
News
DVR maker Replay to file for IPO
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