A new line of portable hard disk drives have been introduced by Iomega, under the eGo moniker. The new generation eGo drives, unveiled on Monday, boast of Mac and Windows compatibility, and will be available at a starting price of $85. Iomega has also announced the arrival of new drives, with multiple interface combinations, in June.

At the Reuters Global Technology Summit in New York, Dirk Meyer - CEO of Advanced Micro Devices Inc (AMD) - said that with a potentially-stronger personal computer market expected in the second half of this year, the company anticipates its core business to make a net profit by the end of the year.

Analyst Amir Rozwadowski at Barclays Capital said that the much-awaited Palm Pre smartphone is well on its course for its scheduled early-June launch!

High-definition LED-backlit screens, full-sized keyboards, 3G broadband wireless connectivity, and multi-gesture touchpads - these are only some of the features of the two newly-announced Acer Aspire One netbooks, AO751h and AOD250!

Making effective use of “cloud computing” technologies developed by data storage equipment maker EMC Corp, the US telecom biggie AT&T intends offering Web-based data storage services for corporations, with its launch of AT&T Synaptic Storage as a Service.

The much-needed capital by the world's second-ranking computer memory chips manufacturer, Hynix Semiconductor Inc, has been secured by the way of its sale of $305 million worth of packaging and testing equipment to the almost-done back-end joint venture with the Wuxi Industrial Development Group in China.

With the Monday launch of the online document-sharing service Scribd's 'commercial channel', authors and publishers can look forward to a boost in their sale opportunities, and the book-lovers can look for better bargains!

For consumers who are looking at an evolution of the conventional point-and-shoot cameras, Sony has announced three new entry-level DSLRs - digital single-lens reflex cameras - which are being marketed as lightweight and user-friendly, with more guided operations. The cameras will hit the stores in mid-June.

With the aim to facilitate buyers’ identification of energy-efficient systems, the US Environmental Protection Agency (EPA) introduced its Energy Star for Enterprise Servers certification on Friday.

In a $33-million cash upfront deal announced on Friday, the Santa Clara-based McAfee Inc. is set to acquire the Cupertino-based 'whitelisting' technology vendor - Solidcore Systems Inc. As per the agreement, McAfee would pay another $14 million to Solidcore after its achievement of certain performance targets.