Paul Shread

Shares of McAfee sank 6.8% Monday after Microsoft made its second move against the security software company in a week. Microsoft gave the antivirus business for its Hotmail Web-based email service to Trend Micro , replacing McAfee. Shares of Trend Micro leapt 8.5% on the news. Analysts said the move would likely have little impact […]

EMC is expanding its network-attached storage (NAS) offerings with two new midrange options and a high-end product.The new Celerra NS500 and NS500G are lower-cost integrated NAS storage and NAS gateway offerings, respectively, while the new Celerra NS704G gateway is targeted at customers needing high-performance and availability. The new offerings complement the NS600 series announced last […]

The Federal Reserve may be convinced that the economic slowdown is temporary, but technology investors appear to have some doubts about that view. Cautious guidance from Cisco Systems and warnings from National Semi and Kulicke and Soffa sent the Nasdaq skidding to new lows for the year on Wednesday, just a day after stocks surged […]

Broadcom has unveiled storage management software that one analyst says puts the company at the forefront of vendors addressing storage security concerns. Broadcom says it has enhanced the IT security and virus/worm protection capabilities of its XelCore RAID software stack with new features such as data redundancy, secure backup, and the ability to hide a […]

The Grid computing market is “on the verge of major expansion,” according to a new IDC report. The worldwide Grid computing market is expected to exceed $12 billion in revenue by 2007 across high performance computing (HPC) technical markets and commercial enterprises, IDC says. “We believe that Grids hold significant potential as the next step […]

What began as an idea by Oracle last September became reality today when 19 technology companies banded together to form an alliance focused on Grid computing in enterprises. The Enterprise Grid Alliance (www.gridalliance.org) is an open, independent and vendor-neutral community formed to address the near-term requirements for deploying commercial applications in a Grid environment, according […]

Gateway’s recent decision to shutter its retail stores has thrown the future of its Grid computing service into question. “Our strategy is still being determined, so it would be premature to chat about it at this time,” said Gateway senior public relations manager Ted Ladd. “In the short term, all customers on the Gateway Grid […]

The storage industry closed out 2003 in fine form, according to new market research results from Gartner and IDC. Worldwide sales surged 18.7% sequentially in the fourth quarter, Gartner research VP Roger Cox reports. “The overall market did a little bit better in 2003 than what was expected, and the fourth quarter was particularly strong,” […]

The Distributed Management Task Force’s effort to draft standards for utility computing has received the backing of the Global Grid Forum (GGF), the Grid computing standards-setting body. “This is an important activity and we are excited to see the DMTF bring this group together, while simultaneously tapping related efforts, such as GGF’s Open Grid Services […]

Cisco posted some impressive growth in the SAN switch market in its most recent quarter, enough to make one Wall Street firm grow cautious on the company’s rivals.Schwab Soundview believes Cisco’s 70-80% sequential quarterly growth in SAN switch sales and customers could be bad news for rivals McDATA and Brocade .Cisco CEO John Chambers said […]