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Dell is beat by The Street
Publish Date: Fri, 20 Nov 2009 00:37:59 GMT

Awaits Win7 bonanza

Dell released its financial results for Q3 ended 30 October on Thursday, and for its troubles, it took a beating in after hours trading.?

What is your recession sales strategy?


AOL appeals for 2,500 job axe volunteers
Publish Date: Thu, 19 Nov 2009 17:15:50 GMT

Imminent Time Warner divorce puts web firm in bedsit

AOL has asked 2,500 workers to volunteer for redundancy packages at the ailing web firm.?

What is your recession sales strategy?


HP workers eye walkout over engineer jobs dispute
Publish Date: Thu, 19 Nov 2009 14:40:30 GMT

'Sacrificial offering on the altar of stock exchange'

Updated Hewlett-Packard workers have voted in favour of strike action in the UK, following a ballot among members of the Unite union who complained about 150 customer engineers being shunted over to a subsidiary company.?

What is your recession sales strategy?


MySpace recruits Imeem band member
Publish Date: Thu, 19 Nov 2009 12:27:36 GMT

Web 2.0 music titan mashup

MySpace, the yesterday-man of social networking sites, has reportedly bought Imeem for an undisclosed sum.?

What is your recession sales strategy?


Intel cash pays down AMD debt
Publish Date: Wed, 18 Nov 2009 21:34:12 GMT

Good news. For Intel

Less than a week after accepting $1.25bn from Intel in exchange for dropping its legal actions against Chipzilla, AMD has announced how it plans to use that windfall.?

The power of collaboration within unified communications


Sony Ericsson slashes US presence
Publish Date: Wed, 18 Nov 2009 18:08:43 GMT

Layoffs trail shrinking sales

Sony Ericsson, bowing to the pressures of a Meltdown-induced decline in worldwide handset sales, has announced more layoffs in conjunction with a wide-ranging restructuring.?

What is your recession sales strategy?


Microsoft co-founder battles cancer
Publish Date: Tue, 17 Nov 2009 13:12:15 GMT

Paul Allen diagnosed with non-Hodgkins lymphoma

Microsoft co-founder Paul Allen has been diagnosed with non-Hodgkins lymphoma.?

The power of collaboration within unified communications


Time Warner names day for AOL spin-off
Publish Date: Tue, 17 Nov 2009 09:22:51 GMT

The end's in sight

Time Warner has detailed the departure date for its troubled internet business AOL.?

The power of collaboration within unified communications


Cisco shareholders win say-on-pay
Publish Date: Sat, 14 Nov 2009 04:10:01 GMT

Shake tiny fists at big wallets

Cisco shareholders have narrowly approved a right to shake their tiny fists at the company's executive payroll.?

The power of collaboration within unified communications


Feds pinch two Madoff geeks
Publish Date: Fri, 13 Nov 2009 16:08:09 GMT

Due in court today

The FBI has arrested two programmers in connection with falsifying records at Bernie Madoff's investment firm.?

The power of collaboration within unified communications


Adobe slips good-bye note to 10% of stafff
Publish Date: Wed, 11 Nov 2009 00:31:03 GMT

Tough times at top employer

Adobe Systems, reckoned to be one of the best US employers to work for by business suck-up mag Fortune, is cutting 10 per cent of its staff.?

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Sprint axes (at least) 2,000 (more) jobs
Publish Date: Mon, 09 Nov 2009 23:02:04 GMT

Extra call centers? Who needs 'em?

Sprint Nextell announced Monday that it will eliminate between 2,000 and 2,500 positions by the end of this year.?

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No jobs recovery for years
Publish Date: Mon, 09 Nov 2009 11:25:00 GMT

Public sector cuts jobs but services sector on the up

The UK jobs market won't show any signs of improvement for "several years" even if the economy returns to robust growth, a personnel body has warned.?

The power of collaboration within unified communications


US unemployment rate breaks ten per cent
Publish Date: Fri, 06 Nov 2009 14:26:50 GMT

Telcos and IT services add jobs

There may be signs that the Great Recession in the US is on the wane, but employers didn't get the memo and another 190,000 people lost their jobs in October.?

Case Study: WhatsUp keeps Legoland turnstyles ringing


LibDem backs IBM staff in pension row...
Publish Date: Fri, 06 Nov 2009 12:16:06 GMT

...with call for mass firings

Hampshire MP Sandra Gidley has intervened in the row over IBM closing its final salary pension scheme, but hers is a confusing brand of support staff might rather do without.?

The power of collaboration within unified communications


Windows 7 sales leave Microsoft coffers unstuffed
Publish Date: Thu, 05 Nov 2009 20:03:48 GMT

Beats Windows Vista - at a price

Sales of boxed copies of Windows 7 are thrashing Windows Vista's early history, but at a price - the money that Microsoft is making on them isn't keeping up.?

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Ex-HP boss confirms political move
Publish Date: Thu, 05 Nov 2009 12:05:21 GMT

California gets tech Senate bid

The former boss of HP, Carly Fiorina, is to stand as a Republican candidate for Senate for California.?

Web threats: Why conventional protection doesn't work


Cisco profits slip 19%, but pass 'tipping point'
Publish Date: Wed, 04 Nov 2009 23:36:44 GMT

Signs of recovery sighted

Cisco's fiscal first quarter profit dropped 19 per cent based on lower sales, but the networking equipment giant believes it had already hit the recession's bottom in Q3 and is optimistic about the overall economic outlook.?

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SGI-Rackable combo posts big revenue gains
Publish Date: Wed, 04 Nov 2009 22:56:49 GMT

And a whopping loss

On the revenue front, the acquisition of the carcass of supercomputer maker Silicon Graphics by niche hyperscale server maker Rackable Systems looks like it was a good idea as the combination, now known as Silicon Graphics, closed out its first quarter of fiscal 2010. But in terms of profits - or the lack thereof - it doesn't look like such a good idea at all.?

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Microsoft axes another 800 jobs
Publish Date: Wed, 04 Nov 2009 20:32:52 GMT

More 'headcount adjustments' still possible

The bloodletting at Microsoft continues, as the software behemoth said Wednesday it would eliminate 800 jobs in addition to the 5,000 positions it has already pared this year.?

Offloading malware protection to the cloud


STEC booms but shares are falling
Publish Date: Wed, 04 Nov 2009 14:00:41 GMT

Wall Street worries low hanging disk fruit plucked

A twenty-fold profit increase for solid state drive supplier STEC in its third 2009 quarter was followed by a share price drop on worries that its golden growth years are coming to a close.?

Offloading malware protection to the cloud


Turkey whacks Google with £28.7m fine, claims tax dodging
Publish Date: Tue, 03 Nov 2009 20:40:12 GMT

Doubts over Dublin domicile

Google has run afoul of Turkish tax laws to the tune of 71m Turkish Lira ($47m, £28.7m).?

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Cisco plays hardball over Tandberg buy
Publish Date: Tue, 03 Nov 2009 13:02:59 GMT

But snaffles Chinese TV box business in the meantime

Cisco is warning shareholders of Tandberg - the video conferencing firm it is buying for $3bn - that it will not pursue the takeover at any price.?

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Friends Reunited reunited with ITV?
Publish Date: Tue, 03 Nov 2009 12:34:55 GMT

Regulator kicks deal into full investigation

The Office of Fair Trading has sent the proposed takeover of Friends Reunited by DC Thomson to the Competition Commission.?

Web threats: Why conventional protection doesn't work


Ruiz out as Global Foundries chairman
Publish Date: Mon, 02 Nov 2009 16:01:15 GMT

Another casualty of Galleon-New Castle insider trading?

GlobalFoundries, the wafer baking spinout of Advanced Micro Devices, announced this morning that chairman Hector Ruiz has taken a voluntary leave of absence from the company, effective immediately.?

Web threats: Why conventional protection doesn't work


Cisco thinks twice on Norwegian video borg
Publish Date: Fri, 30 Oct 2009 22:06:33 GMT

$3 billion walk away?

Cisco may walk away from its $3 billion offer to buy Norwegian video conferencing specialist Tandberg amidst resistance from a block of shareholders.?

Web threats: Why conventional protection doesn't work


Cray has ups and downs in Q3
Publish Date: Fri, 30 Oct 2009 00:15:30 GMT

Gears up for 2010 XT5 upgrades - and profits

High-end parallel supercomputer maker Cray, which has been trying for the past year to round out its business by peddling entry-level HPC gear, is still not quite making it up in volume. But some big deals and system upgrades, as well as an expanding custom engineering business and the entry-level HPC product line are making Cray feel pretty pumped about 2010.?

What is your recession sales strategy?


Reanimated Picsel lays off staff, plots with Samsung
Publish Date: Thu, 29 Oct 2009 12:32:56 GMT

Patents mortaged in mystery deal

Picsel, developers of innovative mobile rendering software, is back from the dead with the same management, but many fewer employees and financial backing from Samsung.?

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Symantec secures profit rise as revenues fall
Publish Date: Thu, 29 Oct 2009 12:13:56 GMT

Swings meet roundabouts

The good ship Symantec has adjusted to the recession and is making 19 per cent more profit despite three per cent lower revenue.?

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Yahoo! Microsoft! deal! delayed!
Publish Date: Thu, 29 Oct 2009 10:14:26 GMT

Still searching for agreement

Yahoo! has told the Securities and Exchange Commission that it needs more time to sort out its search deal with Microsoft.?

What is your recession sales strategy?


Super Micro serves up not-bad quarter
Publish Date: Wed, 28 Oct 2009 19:18:39 GMT

Going Dutch for system growth

Server and motherboard maker Super Micro is feeling pretty good about its place in the struggling server market, and it continues to see sales rebound as 2009 rolls on. However, profits are a problem still, but the trends are encouraging, according to the company's top brass.?

What is your recession sales strategy?


SAP shares dive on warning
Publish Date: Wed, 28 Oct 2009 12:11:47 GMT

Small in Japan

SAP saw its shares take a dive today, when it warned that poor sales in Japan meant that it was likely to miss targets for the year.?

Web threats: Why conventional protection doesn't work


IBM board gives Big Sam another $5bn
Publish Date: Tue, 27 Oct 2009 16:28:04 GMT

Continues throwing money at market to inflate EPS growth

IBM's stock repurchasing addiction to show earnings per share growth continues unabated, and today the company's board of directors gave the company's management another $5bn bag of junk to take to Wall Street to buy back its own shares in the coming year.?

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On2 investors call off attack dogs against Google takeover
Publish Date: Tue, 27 Oct 2009 12:57:28 GMT

Hostility towards buyout compressed

On2 Technologies Inc has settled legal challenges mounted by some shareholders who opposed Google's proposed $106.5m acquisition of the video software company.?

What is your recession sales strategy?


Carl! Icahn! quits! Yahoo!
Publish Date: Mon, 26 Oct 2009 10:09:43 GMT

Loses! millions! of! dollars!

Carl Icahn has resigned from Yahoo's board of directors after a stint that saw him fail to flog the company to Microsoft and the web firm's shareprice continue to slide.?

The power of collaboration within unified communications


Microsoft's Windows 7 buy early plan builds to climax
Publish Date: Fri, 23 Oct 2009 19:09:08 GMT

Prays for netbook distraction

Price discounts and high channel expectations are paving the way for a healthy holiday shopping season for Microsoft.?

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Microsoft Q1 sales pays price for Win 7 launch
Publish Date: Fri, 23 Oct 2009 13:43:43 GMT

Though not as much as expected

Microsoft's first quarter was not as bad as expected, but still pretty bad compared to a year ago.?

What is your recession sales strategy?


EMC revenues steady but profits down
Publish Date: Thu, 22 Oct 2009 17:12:38 GMT

Tucci a proud a father

EMC reported steady third quarter 2009 revenues of $3.52bn but profits fell 24 per cent compared to a year ago.?

Case Study: WhatsUp keeps Legoland turnstyles ringing


EU Directive makes it easier to print e-money
Publish Date: Thu, 22 Oct 2009 14:59:40 GMT

Out with the old

The E-Money Directive has failed to help establish a market for virtual currency and will be replaced with a set of less onerous regulations. The replacement E-Money Directive will come into force at the end of this month.?

Case Study: WhatsUp keeps Legoland turnstyles ringing


Google suspends investor relations firm named in shares scandal
Publish Date: Thu, 22 Oct 2009 11:04:23 GMT

Ripples from sinking Galleon

Google has suspended a firm it uses for investor relations advice after the SF-based consultancy was implicated in the Galleon hedge fund insider trading scandal.?

Web threats: Why conventional protection doesn't work


VMware profits drop by half
Publish Date: Thu, 22 Oct 2009 09:23:05 GMT

Results solid, not stellar

VMware made 54 per cent less profit in its third 2009 fiscal quarter than a year ago.?

What is your recession sales strategy?


eBay halts nine months of revenue shrinkage
Publish Date: Wed, 21 Oct 2009 21:49:15 GMT

Profits? That's another matter

eBay's revenues are on the rise again, thanks to the continued growth of its PayPal and Skype operations. But in the third quarter, the online tat house saw profits plummet nearly 30 per cent. The news sent its share price tumbling more than five per cent in after hours trading on Wednesday.?

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Citrix ekes out revenue, profit growth
Publish Date: Wed, 21 Oct 2009 21:43:57 GMT

Product license crunch

Citrix Systems managed to squeeze out a tiny bit of both revenue and profit growth in the third quarter, despite a big dip in product license revenues.?

The power of collaboration within unified communications


Yahoo! profits! soar! on! falling! revenues!
Publish Date: Tue, 20 Oct 2009 22:27:43 GMT

And that's what they call stability

Google says the worst of the economic meltdown is behind us. But Yahoo!'s take on the matter is a bit more guarded. After its revenues took another dip during the third quarter, dropping 12 per cent year-on-year, the best Carol Bartz and company can say is that the economy is "loosening-up a bit."?

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Sun slashes (another) 3,000 jobs
Publish Date: Tue, 20 Oct 2009 21:55:47 GMT

EC fiddles while Sun burns

Sun Microsystems doesn't want to talk to anyone anymore unless it has permission from Oracle, but the Securities and Exchange Commission has funny rules about disclosure that mean it has to tell investors - the ones who still own Sun's shares - what it is up to. And this afternoon, after Wall Street closed, Sun filed a report with the SEC saying that it was slashing jobs as it awaits the closure of the acquisition of the company by Oracle.?

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Overland hurls PwC auditors overboard
Publish Date: Tue, 20 Oct 2009 12:32:16 GMT

They said howwid things about our viability

Overland Storage management seems to have taken exception to PricewaterhouseCoopers' auditing of its accounts and fired the firm.?

What is your recession sales strategy?


Apple's Q4 'most profitable quarter ever'
Publish Date: Tue, 20 Oct 2009 00:22:13 GMT

Rides iPhone, MacBook sales surge

Apple has once again run the recession's undershorts up the flagpole during its fiscal fourth quarter 2009.?

What is your recession sales strategy?


IBM installs temp server GM after insider trading furore
Publish Date: Mon, 19 Oct 2009 16:14:39 GMT

Readies another dynamic infrastructure blitz

IBM has put an executive in charge of its server, storage and chip business after the incumbent was put on a temporary leave of absence in the wake of an insider trading scandal that erupted last Friday.?

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Feds? insider trading wiretap snares IBM heir apparent
Publish Date: Fri, 16 Oct 2009 23:46:09 GMT

Hedge fund chatter fingers Big Blue man

The heir apparent to IBM CEO Sam Palmisano has been arrested and charged with insider trading, as US authorities cracked down on an alleged $20m scheme involving shares in some of the IT industry?s biggest names.?

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IBM, Intel execs arrested over alleged insider trading
Publish Date: Fri, 16 Oct 2009 16:25:34 GMT

Hedge fund and McKinsey men too

Update: An extensive update to this story can be found here?

Web threats: Why conventional protection doesn't work