The days when users would buy new storage technology based on things such as improved data backup speeds or immediate cost savings have passed due to the softening economy. Now, companies are focusing on total cost of ownership and the long-term returns that storage investments can bring.
Microsoft is warning users about a security hole in Internet Explorer that could be used to force the Web browser to automatically open HTML e-mail attachments, potentially enabling attacks in which malicious hackers could delete data from PCs or cause other types of damage.
After 22 years in the hard disk drive manufacturing business, Quantum announced on Friday that its stockholders have approved the sale of its hard-drive division to Maxtor for $US1.1 billion in stock. The sale also marks a new course for Quantum, which confirmed its leap into a pure-play enterprise storage solutions company.
Online retail giant Buy.com Wednesday announced it will cut its workforce across the board by almost half and significantly reduce outsourcing services as part of a major restructuring plan designed to reduce cash operating expenses.
IBM last week announced it plans to begin selling network storage appliances based on an emerging, but still unproven, technology that uses the Internet's basic communications protocol to connect LAN-based end users to corporate data.
Storage industry leader EMC confirmed Monday that it dismissed hundreds of workers last week, but the company said the move was part of a stringent and ongoing employee review process and doesn't indicate that it's looking to reduce internal costs.
Hitachi Data Systems is targeting its newest RAID technology at the midrange storage area network (SAN) market with a scaled-down version of the company's Freedom Storage Lightning 9900.
Nortel Networks laid off almost 1000 workers last week and said it plans to cut another 3000 employees -- affecting about 4 per cent of its workforce altogether. But it then will replace those jobs by recruiting IT workers with skills related to higher growth areas of the marketplace.
Executives at struggling storage systems vendor Storage Technology say it's a leaner, more focused company after six months of internal scrutiny that has included a revamped marketing plan, personnel cuts and the introduction of several products.
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