Oracle, Fujitsu, Lotus - we'll all go down together

Server software giant Oracle has announced it has been hit by the US economic slowdown. On Thursday it issued a profit warning saying it was unlikely to meet targets this quarter. According to the company, economic set backs have made corporate buyers reluctant to finalise their software purchases. ...more

AllofMP3 media frenzy sparks traffic surge

Amid mounting legal attacks, it seems the controversial Russian music downloads site AllofMP3.com is enjoying its time in the spotlight, benefiting from a boom in traffic. Both total pageviews and unique user levels have skyrocketed this month, reports Digital Music News, citing the traffic tracker Alexa. ...more

Google lets IE use names in address bar

Google has upgraded its popular IE toolbar to include a new 'Browse By Name' feature. Instead of having to type a full URL into IE's address bar, the Toolbar will resolve the address. Thus Toolbar users can type London Eye into the address bar instead of www. ...more

eBay intros Skype service and Wiki

Auction site eBay has unveiled the first collaborations with Skype following the $2.6 billion acquisition of the VoIP pioneer last year. eBay is also clambering aboard the 'social networking' bandwagon with two new products - eBay Blogs and the eBay Wiki. ...more

Apple makes $61 million profit

Apple has reported a profit of $61 million for its third fiscal quarter, ended 30 June. The results represent a 70% decline in profits compared with the equivalent quarter of last year, and a 19% decline in revenue. Unit sales overall were up by 10% over the previous quarter, with 827,000 Macs sold worldwide, although they were 19% down compared to the equivalent quarter of 2000. ...more