Todd R. Weiss

Eight months after a major overhaul of its product offerings, graphics and office suite software vendor Corel Corp. announced Wednesday financial progress in its third-quarter earnings.

Some major media organizations simplified their Web sites Tuesday in order to reduce bandwidth needs and lighten their server workloads, after many of the sites were overloaded by the crush of traffic from Internet users seeking updates on the apparent terrorist attacks in New York and Washington.

On-line auction Web site eBay announced it has outgrown its in-house proprietary software applications and will replace them by next year with IBM WebSphere.

Linux vendor Red Hat Inc. today entered the e-commerce applications fray with a package it hopes will provide medium-size businesses with all the needed ingredients to bring their businesses online.

Having jumped into the world of Linux with a US$1 billion commitment this year, IBM Corp. is now about to jump into what it thinks will be the next big direction in IT: grid computing.

Since first being reported last Tuesday, the W32.Sircam.worm computer virus has been infecting e-mails across the Internet and spreading rapidly, enticing unknowing recipients to open an attached file that can unleash a vicious electronic attack on their PCs.

Despite the sluggish economy and the IT buying slowdown cited by numerous vendors, new surveys show that corporate spending on technology still appears to be going up on average this year. But that's certainly not what many users are planning.

Software maker Corel Corp. is adding to its stable of applications by acquiring business graphics software vendor Micrografx Inc.