Oracle profit narrows
Database giant Oracle saw its third-quarter profit decrease slightly from a year earlier, to $US0.09 per share from $0.10, as some of its key customers continued to rein in their IT spending during the quarter. Net income for the quarter was $508 million on revenue of $2.2 billion, down from net income of $US583 million on revenue of $2.7 billion in the third quarter of fiscal 2001, the company said in a statement. Revenue from new software licences suffered the most, declining 30 per cent year-on-year.
IBM sparks portal
IBM in the US has announced 23 new partner vendors to its Portlet Provider Offering program, designed to deliver a diverse set of capabilities into its WebSphere Portal Server. The partnerships with vendors such as Vignette, i2 Technologies, Information Builders, divine, and Australian developer Presence Online bring a variety of application functions into IBM's portal offering via portlets. Adding to approximately 30 pre-existing portlet arrangements with partners, the portlets offer tools and services in content management, business intelligence, wireless, CRM, e-commerce, search, and systems integration.
Holes won't stop Linux
Although two potential security vulnerabilities affecting the Linux operating system have surfaced in the past three weeks, the incidents won't erode confidence in Linux as a secure and economical alternative to Windows and Unix, say analysts. A security flaw was found in the zlib file-compression library, which could provide a path for an attacker to send malicious code and take root control of the machine. A vulnerability has also been reported in a Netfilter firewall component used in various versions of the Linux kernel. "There's a period of shakeout that every [operating system] goes through," said Eric Hemmendinger of Aberdeen Group. "I don't think this will cause people to say, oops, this isn't what we thought it would be'. "