To: Captain Jack who wrote (15715 ) 1/6/1998 9:36:00 PM From: Sonki Read Replies (2) | Respond to of 27012
COMPAQ, which last year helped ignite the hot sub-$1,000 category of PCs, will introduce a new line of Presario computers aimed at home and small business customers Tuesday. And, in a move that could intensify an already-heated pricing environment for microprocessors, some of these machines will be powered by ADVANCED MICRO DEVICE's K6 chip - an alternative to INTEL CORP's Pentium II. Compaq will unveil 15 new Presarios Tuesday, with three desktop machines and one notebook powered by the K6. Still, most of the computers will use Intel's Pentium II chips. (Reuters 10:36 PM ET 01/05/98) For the full text story, see full story Intel Corporation (INTC) The battle to capture home buyers of PCs heated up Monday with HEWLETT PACKARD's launch of a $799 system, a move aimed directly at the fastest growing segment of home PC sales. Over the past year, H-P's competitors, led by COMPAQ, have aggressively raced to offer "sub-$1,000" PCs as consumers flocked to low-cost machines. HP's new, lowest cost system is at a suggested price of $799, which matches the retail price of a system offered by Compaq. Also, it is the first at the price to include a processor made by INTEL CORP. Analysts said the move could mean an edge in attracting brand-conscious customers. (Reuters 06:42 PM ET 01/05/98) For the full text story, see full story Intel Corporation (INTC) Inktomi Corp., whose products are designed to enhance the Internet's performance, is expected to announce that two senior Silicon Valley executives are taking key roles in the company. Alan Shugart, SEAGATE TECHNOLOGIES INC's founder and chief executive, is being named to the board of directors of privately held Inktomi, while Justin Rattner, director of INTEL CORP's Server Architecture Laboratory, will join Inktomi's Technical Advisory Board. Inktomi Chairman and CEO David Peterschmidt said in an interview on Monday that the two executives would further strengthen the expertise on the two boards. (Reuters 07:26 PM ET 01/05/98) For the full text story, see full story Intel Corporation (INTC) After market close, INTEL CORP said it extended the expiration date for the $17.50 per share tender offer by its Intel Enterprise Corp unit for all outstanding shares of CHIPS AND TECHNOLOGIES to Jan. 21 from Jan. 18. Intel said about 13.7 million shares of Chips and Technologies had been tendered, representing about 62% of the outstanding shares at the start of the tender offer. Intel also said it expected to receive on or before Jan. 13 the Federal Trade Commission's decision on whether it will challenge the transaction. (Reuters 04:58 PM ET 01/06/98) Microsoft Corporation (MSFT) Late Monday, the U.S. government dared MICROSOFT CORP to file a bias claim against Harvard law professor Lawrence Lessig, who was appointed by a federal charge to review charges against the software giant. The Justice Department said in it latest court filing -- part of a nearly nonstop salvo between the Redmond, Washington, software firm and the government -- that Microsoft has made "unfounded and overblown" accusations against Lessig. The government also revealed that last year Lessig, a computer expert, e-mailed a senior lawyer he knew at NETSCAPE COMMUNICATIONS CORP to question whether or not Microsoft's Web browser might have "screwed up" his Web page bookmarks. (Reuters 08:33 PM ET 01/05/98) For the full text story, see full story Microsoft Corporation (MSFT) MICROSOFT CORP CEO Bill Gates said the company's unveiling of new software for the Macintosh platform underscores its commitment to the APPLE COMPUTER INC system. In a statement issued in conjunction with the MacWorld Expo, Gates said the release of the new products was a direct result of the alliance between the two companies announced in August. That is when Microsoft startled the business world by announcing it would invest $150 million in its struggling longtime rival, pledging to continue producing Macintosh software for at least five years. (Reuters 01:19 PM ET 01/06/98) For the full text story, see full story Microsoft Corporation (MSFT) A long-awaited upgrade to MICROSOFT CORP's Office software package for APPLE COMPUTER INC's Macintosh computers will be widely available in early March, the software giant said. Microsoft also said the latest version of its Internet Explorer browser for the Mac was available for immediate free download over the Internet. In a statement issued in conjunction with the MacWorld Expo in San Francisco, Microsoft Chairman Bill Gates said the release of the new products was a direct result of the alliance between the two companies announced in August. (Reuters 04:25 PM ET 01/06/98) For the full text story, see full story