Indian Outsourcer Wipro Posts 29 Percent Revenue Growth
Wipro Ltd., India’s third largest software and services outsourcer, reported gains in both revenue and profit for the quarter ended June 30, reflecting a growth in volume of business and higher prices for its IT services, the company announced.

Cisco to Acquire Sheer Networks for $97 Million
(By James Niccolai)
Cisco Systems Inc. has agreed to acquire Sheer Networks Inc., which makes software designed to help service providers and large enterprises manage complex networks, Cisco announced.

FDIC Advises Banks on how to Protect Against Spyware
(By Lucas Mearian)
The Federal Deposit Insurance Corp. (FDIC) issued a list of best practices for financial services firms that details how to protect against spyware, which the agency said can be used by criminals to ollect customer data or hack into banking systems.

To Stop Hacker Attacks, Don’t Rely on ISPs
Your Internet service provider isn’t to blame if your company is hit with a distributed denial-of-service attack. That was the verdict of IT security professionals in a mock trial staged by Gartner at its IT Security Summit last month, in which ISPs were charged with not doing enough to keep subscribers’ computers from being compromised and used as tools in attacks on corporate networks.

Netscape Releases Four Critical Patches
(By Matthew Broersma)
Netscape has released a series of fixes for serious security flaws in its browser and, incredibly, listed a further ten that it has yet to patch.

Asian Broadband Satellite Set for Aug. 11 Launch
(By Martyn Williams)
A Thai-owned satellite that is set to provide broadband Internet services across a wide area of Asia is set for launch on August 11, launch provider Arianespace said.

Guitar And Drum Trainer Wins Best Application Using .NET
Denver, CO — Guitar & Drum Trainer 2 from Renegade Minds won the Shareware Industry Awards Best Application Using .Net at the Shareware Industry Convention this year in Denver, Colorado. Guitar & Drum Trainer is a popular Windows audio application for musicians to practice, learn, transcribe and get more out of their practice time to improve their playing.

Open Source Calling
The clash between open source and proprietary telephony solutions has arrived
(By Chad Dickerson)
I am running out of options for areas in my IT operation that legitimately shouldn’t be open source. Operating system? Linux works like a champ. Web server? If you’re not running Apache at this point, what are you doing? Database layer? MySQL scales fine for most Web-based apps, and basic master/slave software clustering for it is free, which can save roughly six figures over a commercial solution if you’re running more than a couple of database servers.

HP Changes Offer Little Insight on Strategy
(By Patrick Thibodeau and Matt Hamblen)
In cutting some 10 percent of its workforce, or 14,500 jobs, Hewlett-Packard Co. officials said the restructuring of the world’s second-largest computer maker would improve customer service and accountability and do no harm to its research and development efforts.

New .tel Domain will Manage Contacts
(By Peter Judge)
Internet Corporation For Assigned Names and Numbers (ICANN) has approved an application for a new .tel domain, that will hold contact details for companies and individuals. The final contract has yet to be produced, but Telnic, the company that put in the application, is expecting to offer .tel domains by the end of 2006.

IBM Softwares for Small and Medium Businesses
(By Saqib Mukhtar)
IBM has continuously served businesses of every size, and today, small to mid-sized firms constitute for over 20 percent of its business. IBM Software Group is the world’s leading source of middleware software. It provides organizations around the globe with secure, scalable, open, industry-specific software that helps meet the unique challenges of on demand business. On demand business is one whose business processes – integrated end-to-end across the company and with key partners, suppliers and customers – proactively and timely responding to any customer demand, market opportunity, or external threat.

Connect IT Pakistan
(By Hussain Talib)
The Information Communications Technology (ICT) industry in Pakistan, with a rising number of domestic and international firms has necessitated the need for a platform for annual interaction between professionals from the IT & Telecom industry, all testifying to the exponential growth that his particular industry is going through.

HP, Altiris Cozy up with Software Suites
(By China Martens)
Hewlett-Packard Co. (HP) and systems management software vendor Altiris Inc. have strengthened their long-standing partnership with the release of two co-developed client management software bundles. Although the pair made the HP Client Foundation Suite and the HP Client Premium Suite available worldwide Friday, they didn’t publically announce the news.

Online users in US don’t Know Internet Lingo
(By Linda Rosencrance)
The average American Internet user doesn’t know the meaning of some of the hottest new online terms, according to a study released this month by the Pew Internet & American Life Project.

Linux Goes Global
Serious Linux deployments are popping up all over, from German insurers to Chinese banks.