Oracle Corp (ORCL)
ORACLE CORP late Monday said 8i, its latest database program, designed to work seamlessly with the Internet, was now available from dealers. In January, Oracle postponed shipment of 8i to allow more time for integrating other software and development tools with the product. It was originally slated to ship by the end of 1998. "The Internet is not just a change in technology, it's a completely new way of doing business," said Chuck Rozwat, head of Oracle's server technologies division. Oracle CEO Larry Ellison has called 8i the only technology a company needs to use applications that are accessible through the Internet. The program boasts tools such as a built-in Java Virtual Machine and a so-called "Internet file system," which will store and manage Web pages, multimedia data, word processing files and spreadsheets. (Reuters 08:47 PM ET 03/01/99) For the full text story, see full story
Sun Microsystems Inc (SUNW)
SUN MICROSYSTEMS INC is about to announce a plan to distribute its chip designs to outside developers for free to advance its microprocessor technology, the Wall Street Journal reported on Tuesday. The computer maker will eliminate the existing upfront licensing fee for its microprocessor designs in hopes of attracting a new community of developers, such as academic researchers and start-ups. Developers who license the technology will be able to modify Sun's designs and incorporate them into more complicated chip designs, the newspaper reported. Sun plans to release the design for its PicoJava chip, which aims at helping programs written in Sun's Java language run faster, later this month. (Reuters 03:25 AM ET 03/02/99)
Sun Microsystems Inc (SUNW)
COMCAST CORP on Wednesday it will to stop paying a quarterly cash dividend, and declared a 2-for-1 stock split. The last dividend of 23 cents per share will be payable on March 25 to shareholders of record on March 4, it said. After the 2-for-1 stock split, shareholders of record April 20 will receive an additional share as a dividend for each share held on May 5. After the split, Comcast would have 698.3 million class A special common shares outstanding. (Reuters 12:12 PM ET 03/03/99) For the full text story, see full story |