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With interest rates so low, banks around the United States are shouting the same mantra to people seeking shelter: Why rent when you can buy? In the technology world, the equivalent motto for the current zeitgeist should be: "Why innovate when you can buy?" ...

Intel has previewed its next wave of computer chip advancements, promising to bring server virtualization technology to the desktop and professing its readiness for the convergence of wireless and multimedia technologies. ...

In a bid to light a fire under its software offerings, Sun Microsystems has unveiled new names, configurations and pricing for its enterprise-level offerings. ...

In an effort to extend the reach of its operating system from desktop computers to more mobile devices, Microsoft has announced it will work with Motorola to sell a Windows-loaded cell phone geared toward on-the-go workers. ...

Oracle boosted earnings in its first quarter, with net income rising 28 percent to US$440 million, but did so largely as a result of internal cost controls put in place during 2002, when the company had some of the most difficult quarters in its history. Revenues in the latest quarter barely increased, up just 2 percent to $2.07 billion, while new license sales actually fell 7 percent year over year, to $525 million.

In a bid to grab a larger share of the booming market for managing stored data, Microsoft has released the latest version of its storage server software, though the launch was overshadowed by word of more security flaws in its flagship operating system ...

Desperate times call for desperate measures. When you add a desperate industry to the mix, you get this past crazy week ...

Saying his company's hostile bid to acquire PeopleSoft is anything but dead, Oracle CEO Larry Ellison has stated he remains committed to seeing the deal through to the end. ...

Two new studies have been released that likely will provide fresh fuel for the Windows-vs.-Linux debate that has burned steadily in the high-tech sphere for years. One study, sponsored by Microsoft, argues that Microsoft Windows is actually less expensive to own and operate than Linux; the other states that deploying Linux on the desktop is not likely to produce ROI in many cases.

With the high-tech spotlight focused squarely on it as the annual OracleWorld expo kicks off, database giant Oracle is unleashing products aimed at making it easier for customers, particularly small and mid-size businesses, to take advantage of grid computing ...

PeopleSoft has laid out plans to integrate newly acquired J.D. Edwards, saying it will cut about 900 workers and consolidate offices. The company also raised its financial outlook for the rest of the year and 2004. ...

With many users still reeling in the wake of the Blaster worm and its offspring, Microsoft has warned that its widely used Office productivity software contains several newly discovered security holes ...

Read Part 1 of this story ...

The hackers have gone too far now. When they were defacing Web sites and launching denial-of-service attacks against eBay and the like, they were annoying, but the general public still gave them a grudging amount of respect. After all, to take down well-protected networks and hack firewalls and intrusion detection systems, they had to be pretty smart.

EBay, Amazon.com and Microsoft are among a group of companies that will work together to fight online identity theft, which some say could hold back e-commerce growth. The coalition is being shepherded into existence by the Information Technology Association of America (ITAA). ...

As recently as the late 1990s, a simple counter provided the only metric most Web site operators were interested in -- how many people had visited their sites. ...

Saying continued reliance on Microsoft and its Windows operating system threatens their local economies, government leaders in Japan, China and Korea may be considering a plan to develop an alternative to the world's most popular computer OS. ...

Fueled by sales of Intel-based computers and Linux machines, IBM has reclaimed the lead in the worldwide server market, ousting Hewlett-Packard from the top spot and extending its lead over onetime leader Sun, according to new data from research firm IDC. ...

Hoping to squelch Oracle's hostile takeover attempt and alter the face of the software industry, PeopleSoft has released what it says is evidence that Oracle's proposed purchase is intended primarily to harm the smaller company's business. ...

Leaving little doubt about its commitment to solidify its position in the Asian marketplace, Intel has said it will start work early next year on a new testing and assembly plant in mainland China ...