ZDNet Editors

ZDNet's crew of editors, reviewers, and tech experts bring you the most up-to-date news and advice on innovation and technology.

Latest from ZDNet Editors

Show search filters
Hitachi Data Systems taps new CEO

Hitachi Data Systems taps new CEO

Hitachi Data Systems has named Shinjiro Iwata as its new chief executive and declared its intention to displace EMC as the top storage company by 2004. Iwata, a 29-year veteran of HDS parent company Hitachi, spent four years at HDS, where he helped to create the alliance with Hewlett-Packard that propelled the company's high-end storage systems into mainstream use.

December 17, 2001 by in EMC

EMC slices research budget

EMC slices research budget

Storage maker EMC plans to cut back on research and development spending, as it tries to pare costs and stem mounting losses. EMC, one of the dominant technology companies in recent years, has struggled mightily amid the technology slowdown, while pricing pressures have mounted from competitors such as IBM and Hitachi Data Systems.

November 12, 2001 by in EMC

EMC cuts growth targets

EMC cuts growth targets

Data storage giant EMC said Wednesday its first-quarter earnings will fall short of Wall Street estimates amid a slowdown in information technology spending. The company also cut its growth projections for 2001.

April 10, 2001 by in EMC

Software stocks buried on warnings

Software stocks buried on warnings

Software stocks were leveled as the markets absorbed a landslide of profit warnings from the likes of Ariba, Broadvision, Epiphany, Documentum, Inktomi and MicroStrategy. A slew of e-business software companies warned after the bell Monday night, making Tuesday a dark day as Wall Street analysts slashed earnings targets and ratings on the entire sector.

April 2, 2001 by in EMC