reuters

VMware R&D Exec Returns to Oracle

September 3, 2008 — VMware has apparently lost its top executive for product development after he resigned to return to rival software developer, Oracle, just nine months after joining VMware, according to reports by Reuters.

Microsoft to Acquire Ciao.com

August 29, 2008 — In an attempt to boost its Internet search and e-commerce business, Microsoft announced on Friday it has agreed to acquire Greenfield Online, the owner of European price comparison website Ciao.com, for about $486 million.rnrn

Rackspace Complies With Visa Level 1

August 14, 2008 — Hosting provider Rackspace has expanded its PCI compliance solution to include Visa Level 1 accreditation, making the PCI Data Security Standard compliance process cheaper and quicker for customers.

Rackspace Sees IPO of 15m Shares

July 25, 2008 — Rackspace Hosting announced on Friday it has registered its initial public offering of 15 million shares at an estimated price of $12 to $16 per share, according to a report on Reuters.

Brocade Buys Foundry for $3 Billion

July 22, 2008 — Data center networking solutions provider Brocade announced on Tuesday it has signed a definitive agreement to acquire switching, routing and traffic management solution provider Foundry Networks for around $3 billion.

Times Online Tops News Site Downtime

July 16, 2008 ?- The online presence of major, UK newspaper The Times is making headlines because, while the print version has been around since 1785, Times Online is not so reliable, leading news sites worldwide in downtime.

ICANN Allows New Top-Level Domains

June 26, 2008 — International internet regulation body ICANN has given approval for new top-level domain names including multilingual ones following a unanimous vote in Paris.rn

Cogeco Buys Toronto Hydro Telecom

June 23, 2008 — Montreal, Canada-based telecom Cogeco Cable announced last week it plants to purchase Toronto Hydro Telecom for $200 million, according to a report by Reuters.

Thomson Reuters Unveils New Facility

May 30, 2008 — Thomson Reuters, the media and information giant unveiled a new $50 million data center in Eagan, Minnesota late last week.

Yahoo Buy Wasn't Strategic, says MS

May 23, 2008 — Microsoft CEO Steve Ballmer revealed Friday the company had never considered purchasing Yahoo as a strategic move, and that walking away from the deal would now allow the company to spend $50 billion on other key acquisitions.