Updates on: Oracle, Asustek Computer, Google, Microsoft, T-Mobile, Cybook, Web 2.0
Oracle Corp., the world’s third-largest software maker, may land BEA Systems Inc. without raising the $6.7 billion hostile bid rejected by its California rival. BEA’s board says it wants more than $8 billion, and let Oracle’s offer expire Oct. 28 at 8 p.m. New York time. Because no other suitors have emerged, Oracle may renew its bid or offer a lower price than its $17 a share proposal, said Peter Goldmacher, a Cowen & Co. analyst in San Francisco. — Bloomberg
Asustek Computer Inc., whose customers include Sony Corp. and Apple Inc., reported profit rose 21 percent to a record in the third quarter on sales of notebook computers under its own brand. Net income increased to NT$7.44 billion ($230 million) from NT$6.13 billion a year earlier, Asustek, the world’s largest maker of boards connecting computer parts, said today. — Bloomberg
Google Inc., owner of the world’s most-used Internet search engine, received approval from the Australian government for its $3.1 billion acquisition of DoubleClick Inc. The purchase by Mountain View, California-based Google is “unlikely to result in a substantial lessening of competition” in the country’s Web advertising market, the Australian Competition and Consumer Commission said in a statement on its Web site today. — Bloomberg
Microsoft Corp., the world’s largest software maker, agreed to buy programs and other assets from closely held Global Care Solutions, a Bangkok-based provider of products that manage medical information for hospitals. — Bloomberg
T-Mobile USA Inc., seeking to boost wireless e-mail and Web access revenue, introduced a mobile phone designed to ease consumers into using online features. The T-Mobile Shadow, a pocket-sized phone that slides open to reveal a keyboard for typing e-mails, uses a custom version of Microsoft Corp.’s Windows Mobile software. The handset, which can also connect to Wi-Fi wireless Internet networks, is the first in a line of Shadow devices. — Bloomberg
Cybook’s Gen3 lightweight, high resolution e-book reader is now available to purchase around $350. It has a 6 inch Vizplex E Ink screen, revealing more contrast than the older E ink technology with a resolution of 800 x 600 pixels. It also comes with a 2.5mm stereo headphone jack, a 64MB of storage capacity and an SD expansion card slot for an extra memory boost. Furthermore, it has a battery life of 8000 page flips between charges. — Softpedia
As increasing numbers of enterprises climb aboard the Web 2.0 bandwagon, it’s more important than ever for software developers to keep security in mind during the development process. The two top vulnerabilities affecting Web 2.0 applications today are cross-site scripting (CSS) and cross-site request forgery (CSRF). — Campus Technology