Yahoo! admits 38 per cent drop in profits

Yahoo!'s share price took a severe knock on Wall Street after it announced a 38 per cent drop in its third quarter profits. Shares were down nearly five per cent at one point in Wednesday's trading at $22.95 compared with $24. ...more

PalmSource unveils its first Linux operating system

PalmSource has unveiled the first Linux version of the its operating system for smartphones and mobile devices. Now a wholly owned subsidiary of the Japanese company Access, PalmSource has dropped the Palm OS label in favour of the less-catchy Access Linux Platform (ALP). Designed to be an open platform that will support existing Palm OS applications, ALP includes a standard Linux kernel version 2. ...more

Everyone loves My Little Tony

A while ago I reported on the PortaBush, a virtual President of the USA for the Palm. I wondered why there wasn't a virtual Tony Blair and now it seems that someone must have been listening, as a new Web site has appeared with a virtual PM for you to abuse. The MyLittleTony. ...more

SCO to restate its previous financial results

SCO is to restate its financial position for several quarters last year in order to comply with Nasdaq rules and stay listed on the exchange. The controversial Unix company fell foul of the Nasdaq after failing to hand in its full year report on time as it attempted to iron out problems accounting for an employee compensation program. It says it has now secured a meeting for 17 March with the Nasdaq Listing Qualifications Panel and has outlined the issues it will subsequently resolve. ...more

Microsoft and Sun agree to extend Java licensing

Microsoft will now extend support for its Java Virtual Machine until 30 September 2004. This follows an agreement with Sun over continued licensing of Microsoft's platform-specific Java support environment. The subject of long-running dispute, Microsoft was keen to ditch its own Java support as it concentrated on moving customers to a . ...more