Talk show host David Letterman not too long ago made a parody of an advertisement by handheld device maker Palm Inc. to make the point about how he loves his Palm handheld.
3Com Corp. announced it would close its consumer Internet appliance unit following the posting of a pro forma net loss of US$122.8 million for the company's third quarter.
Dell Computer Corp. and Samsung Electronics Co. Ltd. announced Wednesday that they have entered into a $16 billion hardware and research and development alliance.
Intel Corp. announced Wednesday it would combine the company's Network Communications Group and its Communications Products Group into a single business unit in an effort to focus on development of products for Internet infrastructure and networking equipment.
WorldCom Inc. announced Tuesday that it would consolidate the company's Latin American operations into a regional organization based in Miami known as WorldCom Latin America.
Lucent Technologies Inc. said Wednesday it may sell its Optical Fiber Solutions unit as part of its effort to focus more on systems software and services for communications infrastructure.
Another security flaw has emerged with communications based on Transmission Control Protocol (TCP) that could be used to "hijack" a user's session on the Internet or a corporate network, a computer security services company announced Monday.