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Site: The Register - Business: Financial News Dell is beat by The Street Awaits Win7 bonanzaDell 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 Imminent Time Warner divorce puts web firm in bedsitAOL 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 '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 Web 2.0 music titan mashupMySpace, 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 Good news. For IntelLess 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 Layoffs trail shrinking salesSony 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 Paul Allen diagnosed with non-Hodgkins lymphomaMicrosoft 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 The end's in sightTime 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 Shake tiny fists at big walletsCisco 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 Due in court todayThe 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 Tough times at top employerAdobe 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.? Case Study: WhatsUp keeps Legoland turnstyles ringing Sprint axes (at least) 2,000 (more) jobs 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.? Web threats: Why conventional protection doesn't work No jobs recovery for years Public sector cuts jobs but services sector on the upThe 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 Telcos and IT services add jobsThere 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... ...with call for mass firingsHampshire 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 Beats Windows Vista - at a priceSales 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.? Web threats: Why conventional protection doesn't work Ex-HP boss confirms political move California gets tech Senate bidThe 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' Signs of recovery sightedCisco'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.? Offloading malware protection to the cloud SGI-Rackable combo posts big revenue gains And a whopping lossOn 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.? Case Study: WhatsUp keeps Legoland turnstyles ringing Microsoft axes another 800 jobs More 'headcount adjustments' still possibleThe 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 Wall Street worries low hanging disk fruit pluckedA 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 Doubts over Dublin domicileGoogle has run afoul of Turkish tax laws to the tune of 71m Turkish Lira ($47m, £28.7m).? Case Study: WhatsUp keeps Legoland turnstyles ringing Cisco plays hardball over Tandberg buy But snaffles Chinese TV box business in the meantimeCisco is warning shareholders of Tandberg - the video conferencing firm it is buying for $3bn - that it will not pursue the takeover at any price.? Offloading malware protection to the cloud Friends Reunited reunited with ITV? Regulator kicks deal into full investigationThe 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 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 $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 Gears up for 2010 XT5 upgrades - and profitsHigh-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 Patents mortaged in mystery dealPicsel, developers of innovative mobile rendering software, is back from the dead with the same management, but many fewer employees and financial backing from Samsung.? Web threats: Why conventional protection doesn't work Symantec secures profit rise as revenues fall Swings meet roundaboutsThe good ship Symantec has adjusted to the recession and is making 19 per cent more profit despite three per cent lower revenue.? Offloading malware protection to the cloud Yahoo! Microsoft! deal! delayed! Still searching for agreementYahoo! 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 Going Dutch for system growthServer 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 Small in JapanSAP 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 Continues throwing money at market to inflate EPS growthIBM'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.? Case Study: WhatsUp keeps Legoland turnstyles ringing On2 investors call off attack dogs against Google takeover Hostility towards buyout compressedOn2 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! 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 Prays for netbook distractionPrice discounts and high channel expectations are paving the way for a healthy holiday shopping season for Microsoft.? Offloading malware protection to the cloud Microsoft Q1 sales pays price for Win 7 launch Though not as much as expectedMicrosoft'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 Tucci a proud a fatherEMC 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 Out with the oldThe 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 Ripples from sinking GalleonGoogle 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 Results solid, not stellarVMware 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 Profits? That's another mattereBay'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.? Case Study: WhatsUp keeps Legoland turnstyles ringing Citrix ekes out revenue, profit growth Product license crunchCitrix 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! And that's what they call stabilityGoogle 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."? Case Study: WhatsUp keeps Legoland turnstyles ringing Sun slashes (another) 3,000 jobs EC fiddles while Sun burnsSun 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.? Offloading malware protection to the cloud Overland hurls PwC auditors overboard They said howwid things about our viabilityOverland 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' Rides iPhone, MacBook sales surgeApple 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 Readies another dynamic infrastructure blitzIBM 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.? Case Study: WhatsUp keeps Legoland turnstyles ringing Feds? insider trading wiretap snares IBM heir apparent Hedge fund chatter fingers Big Blue manThe 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.? Web threats: Why conventional protection doesn't work IBM, Intel execs arrested over alleged insider trading Hedge fund and McKinsey men tooUpdate: An extensive update to this story can be found here? Web threats: Why conventional protection doesn't work |