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MARKET REPORT

Flurry of Earnings: Tech Firms Go Gangbusters

During the last quarter of 2006, Cingular Wireless' profits jumped fourfold and Sun Microsystems registered a profit for the first time in more than a year; however, Seagate Technology's earnings dropped by about 50 percent. Nevertheless, as many major tech companies report their earnings this week,...

PRODUCT REVIEW

Pygmy Portable Drives Offer Backups On the Go

As much as I am enamored with USB "thumb" drives, some storage problems -- such as system backups -- need a more robust solution. Robust need not mean bulky. There are USB portable hard drives on the market that fit in the palm of your hand and are big enough to support substantial data demands. Amo...

Consumers Shun Backups, Study Says

Consumers may have priceless photo, music and video files on their computers these days, but they continue to ignore safeguarding them by backing them up on scheduled basis. According to a survey conducted by Harris Interactive and sponsored by storage notable Maxtor, of Milpitas Calif., nearly half...

Seagate Scoops Up Competitor in $1.9 Billion Deal

In a move that solidifies its market position and also eliminates a significant competitor in the hard disc drive space, Seagate Technology said it would buy Maxtor for US$1.9 billion. The all-stock deal brings together the number one and number four makers of hard disc drives in the world and will ...

Western Digital’s Raptor Outperforms SCSI 15K

The high-performance capabilities of Serial ATA (SATA) hard drives were validated recently, when Western Digital's Raptor 10,000-RPM SATA outperformed 10,000- and 15,000-RPM SCSI drives from two competitors in separate independent, head-to-head comparison tests conducted by and published in the June...

Seagate Slashes Jobs, Costs Amid Price Pressure

Seagate Technology, a maker of hard-disk drives, plans to cut nearly 3,000 jobs in a bid to save $150 million as it deals with what it described as fiercer-than-expected pressure to lower prices. The company said it will eliminate 2,940 jobs through attrition or layoffs, shedding about 7 percent of ...

Elon Musk's Dec. 2 action to release The Twitter Files: Approve or Disapprove?
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