Sun Microsystems, Inc. (NASDAQ:JAVA) today announced that its Board of Directors authorized the repurchase of up to $1 billion of the company’s outstanding common shares.
“The Board’s approval of the additional share repurchase program reflects its confidence in the continued growth of Sun’s business and an ongoing commitment to increase shareholder value,” said Jonathan Schwartz, [...]

Customers of Sun’s Startup Essential Program offered more options for web-hosting through NetMagic’s hosting services from India data center
New Delhi, June 5 2008: Sun Microsystems India, world leaders in innovative networking computing technologies and NetMagic, India’s leading managed IT services provider today announced a strategic alliance to help startups in India and provide them access [...]