News
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Article | 13/02/2009 Boost in second-hand games sales upside of global financial crisisThe games software industry has found an unexpected silver lining, with sales in the second-hand games sharply increasing amid the economic turmoil of...
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Article | 29/01/2009 US House passes $819 billion stimulus packageThe US House of Representatives has passed an US$819 billion economic stimulus package, with money for broadband deployment, health IT and a national ...
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Article | 29/01/2009 With global revenue dropping, Symantec posts big lossSymantec posted a big loss Wednesday, citing the tough economic climate, but the company's quarterly earnings still were better than analysts had expe...
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Article | 29/01/2009 Union: IBM layoffs now 4200 -- may go higherIBM's not-so-secret layoffs may have reached 4200 Tuesday, according to Alliance@IBM, which believes that thousands of other employees will be loosing...
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Article | 29/01/2009 IBM CEO urges support of $825B US stimulus billPresident Barack Obama's US$825 billion economic stimulus package got the enthusiastic endorsement Wednesday of IBM CEO and Chairman Sam Palmisano and...
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Article | 28/01/2009 How companies are cutting costsNearly half of companies working to reduce costs attempt to avoid permanent layoffs, according to recent survey results, opting instead to freeze sala...
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Article | 27/01/2009 Obama details recovery plan but short on broadband goalsBarack Obama used his first weekly address as U.S. president to provide more details of his proposed US$825 billion American Recovery and Reinvestment...
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Article | 25/01/2009 Sony eyes innovative mobile products to beat slumpSony CEO Howard Stringer hinted on Thursday that the company has a number of new mobile devices in the pipeline.
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Article | 26/01/2009 Sony slashes forecasts as global downturn hits homeSony revealed on Thursday the extent to which the global economic downturn is hurting its business, as it slashed its annual sales forecast by US$15 b...
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Article | 22/01/2009 Report: Sony to shut Japan TV plant, cut financial forecastSony will disclose on Thursday how a restructuring plan announced in December will hit its domestic operations in Japan, the Nikkei business daily rep...
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Article | 20/11/2008 Will technology drive global recovery?On November 6, Sam Palmisano, chairman, president & CEO of IBM, made an important speech entitled "The Smart Planet: The Next Leadership Agenda" at th...
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Article | 17/11/2008 With Sun's job cuts, tech sector layoffs in '08 hit 140,000The economic downturn that has resulted in tens of thousands of layoffs in the housing and financial services sectors is now bearing down on the tech ...
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Article | 11/11/2008 Apple to weather spending breakdown better than rivals?Consumer spending plans suffered a "massive breakdown" when the economy tanked last month, but Apple will come out of the downturn in much better shap...
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Article | 3/11/2008 Intel describes how credit crunch can hurtIntel added warnings in its quarterly filing with the U.S. Securities and Exchange Commission about how the deteriorating economic conditions worldwid...
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