Tech stocks soared on Nasdaq yesterday after computer giant Hewlett-Packard surprised Wall Street with an upbeat revenue forecast, stirring a tender hope in the industry for a recovery.

Technology heavyweight Hewlett-Packard has chosen Australia as the location for a new storage facility which it claims is one of the largest in the world.

Most information technology departments are grappling to understand how emerging storage technologies will assist them “firefight” day-to-day storage management issues, a Meta Group survey has revealed.

Inrange Technologies has agreed to offer BMC Software's management software alongside its storage networking hardware.

Using Universal Serial Bus technology to connect storage devices is not new, but connecting the media directly to a USB port is an innovation boasted by the new Mini USB Drive from Iomega.

QLogic and LSI Logic have this week launched the first host bus adapters supporting iSCSI - an essential building block for the assembly of storage solutions based on the freshly-approved networking protocol.

McData used the Comdex show in Las Vegas this week to claim a world first in displaying a director-class storage switch running the Fibre Channel Over IP protocol.

Seagate Technology has fired the latest salvo in the battle for greater areal density in magnetic storage media, by rethinking a major part of the way data is recorded.

It was a week of peak industry events for storage vendors to showcase their wares, and the goodwill drove stocks higher on hopes for future technologies.

Australia's financial sector is ahead of its European rivals in planning a knowledge management strategy, but behind the Europeans on implementation. A survey released yesterday also found that Europeans think more creatively about how know...