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Solution 6 investors seem to have given their seal of approval to the resignation of CEO Chris Tyler, as shares in the company surged 27.5 per cent yesterday.

Intel has recalled over one million of its 820 motherboard chipsets which is set to increase the already critical problem of component supply, according to local integrators and assemblers, who claim smaller companies are being squeezed out of the channel as parts become increasingly difficult to source.

Layer 7 switching startup Top Layer Networks has welcomed Cisco Systems' plans to acquire ArrowPoint Communications, despite competing in the same market.

Oracle has launched a Portal Partner Initiative geared to bring service providers and software vendors together to help corporations build enterprise portal sites to manage users, Web-based data and applications.

Gartner has warned capital-starved IT startups to refrain from racing down the IPO path and argued for the adoption of more stable, non-listed growth periods.

Japan's Matsushita Electric Industrial Company has announced plans to launch products based on a higher-capacity, second-generation version of the DVD-RAM format, which is still battling for market acceptance against increasingly popular writable CDs.

Microsoft this week unveiled its vision of how Windows technology will make your television more interactive. But relax--your TV won't crash three times a day.

Despite claiming last week that he had no intention of leaving Solution 6, embattled CEO Chris Tyler has resigned, effective from May 13.

Cisco Systems last week continued its acquisition quest, purchasing Stockholm-based Qeyton Systems in a stock deal worth approximately $US800 million.

Toshiba is claiming a breakthrough in hard-disk drive technology with the announcement of a new PC Card-based drive that boasts storage capacity of 2GB.

Four major channel companies have taken a piece of a $40 million NSW Government teleservices contract aimed at providing more efficient and cost effective services to the public.

Solution 6's proposed merger with US-based Elite Information Group has officially been called off.

Hardware rivals EMC and IBM last week settled their longstanding lawsuit involving patent infringement allegations.

The battle for the PC market is set to intensify after HP unveiled its new back-to-basics "invent" marketing campaign, while Acer detailed its own "we hear you" advertising campaign.

US-based global distributor CHS Electronics is seeking to liquidate its remaining assets instead of "reorganising" them as it previously announced.

Application service providers (ASPs) may have their knockers, but one new venture based around a $10 million contract to host IBM's WebSphere Commerce e-business suite claims it has customers queuing up.

Internet infrastructure provider, Alteon Web Systems is continuing to grow rapidly in Australia, increasing its employee numbers and reseller channel.

With the frank admission that IBM's business screeched to a halt late last year because of customers' Y2K-related purchasing delays, chairman and CEO Louis Gerstner promised earlier this week that his company is ready to roar back this year with a concentration on e-business.

More than a week after its initial release, the LoveLetter virus and its variants continue to haunt corporate email systems and networks around the globe.

Cisco Systems' strong third-quarter results announced yesterday reflect the company's best year-on-year growth in three years as well as the networking equipment vendor's thirteenth consecutive quarter of growth, according to Cisco.