Adobe Says It Will Cut 600 Jobs, Lowers Revenue Guidance (PC World)
Sunday, March 8th, 2009- Hit by the global economic slowdown, Adobe Systems said Wednesday that it would cut 600 jobs and lowered its revenue expectations for the fourth quarter.
Archive for March, 2009
Microsoft to launch online SharePoint, Exchange on Monday
Sunday, March 8th, 2009Microsoft will release on Monday the first of several of its hosted business-productivity services.
The company will launch Exchange Online and SharePoint Online at an event in San Francisco, according to an e-mail from its public relations firm. A spokeswoman from the agency confirmed that the services will be available Monday.
Sun Microsystems to cut up to 6,000 jobs
Sunday, March 8th, 2009NEW YORK (Reuters) – Sun Microsystems Inc said on Friday it will cut 5,000 to 6,000 jobs, as the economic crisis compounds the company’s struggles with depressed demand for its high-end business computers.
British Telecom to cut 10,000 jobs
Sunday, March 8th, 2009LONDON: Britain’s BT Group has beaten second-quarter earnings forecasts and announced 10,000 job cuts and a possible boost to its pension scheme,
sending its shares up over 12 per cent just days after a profit warning.
Satyam Buys Motorola’s Malaysian Software Development Center
Sunday, March 8th, 2009Well, Motorola’s been in a lot of trouble, and were earlier reported to be in talks with Videocon for selling their handsets business. It appears that the company has sold its sofware development center in Cyberjaya to Satyam. The Kuala Lumpur based center has 128 employees, and will strengthen Satyam’s capabilities to cater to Network Equipment Providers and telecom operators, according to Nishith Mathur, head of Satyam’s Technology Infrastructure business unit.
Google CEO says no to tech czar job in Obama’s adminstration
Sunday, March 8th, 2009SAN FRANCISCO: Google Inc Chief Executive Eric Schmidt said Friday he would not serve as technology czar in Barack Obama’s administration if he was
asked.
Microsoft CEO: No interest in buying Yahoo (AP)
Sunday, March 8th, 2009SYDNEY, Australia – Yahoo Inc. shares dived nearly 13 percent after the chief executive of Microsoft Corp. said Friday the software giant is not interested in renewing its bid for the struggling Internet company.
Microsoft’s Ballmer Says Phooey To Yahoo Buyout
Sunday, March 8th, 2009- If an ancient writer was alive today, he might post something like this to his Twitter account: “Hell hath no fury like a software giant scorned.”
U.S. cybersecurity chief resigns, WSJ reports
Sunday, March 8th, 20091:51 am TWN, Reuters NEW YORK — The U.S. government’s director for cybersecurity resigned on Friday, criticizing the excessive role of the National Security Agency in countering threats to the country’s computer systems. ‘He has tendered his resignation,’ Amy Kudwa, a Department of Homeland Securit…
Internet review: Spy Vibe
Sunday, March 8th, 2009The cavernous lair in the 1968 movie Danger Diabolik – complete with revolving bed, hidden giant clam-shell entrance into which you drive your E-Type Jag and honeycomb lounges – wins the prize here for best Spy Vibe film set. The fact that the film’s spy had to wear a suit that looks as if he’s abou…
