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 Biting the hand that feeds IT Copyright: Copyright 2008, Situation Publishing Sat, 11 Oct 2008 01:34:49 +0200 $74m in CEO pay, $29bn in losesSprint Nextel executives are the most "overpaid" in corporate America, according to a study by investor advisory firm, Glass Lewis & Company.… Fri, 10 Oct 2008 22:59:22 +0200 Larry Ellison searches sofa for changeIt seems that tech's billionaires are sharing the privations of ordinary citizens, whose savings are vanishing and pensions becoming worthless as stock markets tumble.… Fri, 10 Oct 2008 16:41:26 +0200 And nobody knows anythingPayments made to PayPal's top-up card on Wednesday of this week have still not appeared on account balances, and the company is unable to tell angry customers when the problem will be fixed.… Fri, 10 Oct 2008 01:59:38 +0200 Hard Times Come Again No MoreMicron Technology, the largest memory maker in the US, plans to lay off 15 per cent of its workforce and halt production of NAND flash chips at its Boise, Idaho headquarters.… Thu, 09 Oct 2008 22:39:46 +0200 Windows whatever the weatherMicrosoft is taking steps to make sure it's not left out of pocket as banking customers seek bankruptcy protection against their suppliers.… Thu, 09 Oct 2008 21:43:35 +0200 Cross-licensing custody battle
Thu, 09 Oct 2008 13:27:10 +0200 Logos too similar, computer giant claimsLogoWatch Apple is none too pleased with the Victoria School of Business and Technology in Vancouver, which has for the last three years or so used a logo which the computer giant claims is too similar to its own brand frontage.… Thu, 09 Oct 2008 10:31:55 +0200 Recession? We sh*t 'em sonIBM gave investors something to cheer about today - Big Blue will not be nationalised any time soon.… Thu, 09 Oct 2008 05:49:15 +0200 Size an issueLarry Ellison's days as one of the tech-sector's best-remunerated chief executives could be numbered if a group of activist Oracle shareholders get their way this week.… Wed, 08 Oct 2008 22:16:04 +0200 Another sale, Mr. Coleman?Well, that didn't take very long. Only two weeks ago, server and services specialist Unisys said that Joe McGrath, its president and chief executive officer, was stepping down at the end of the year and that its board of directors were beginning a search for a new executive to accelerate its strategy. And today, Unisys announced that former Gateway CEO Ed Coleman is not only its new CEO, but also the chairman of the board.… Wed, 08 Oct 2008 18:08:10 +0200 Union condemns move, says public sector will sufferEDS and Hewlett-Packard will slash its UK workforce by 3,378 jobs over the next two years, according to the Public and Commercial Services union.… Wed, 08 Oct 2008 14:56:49 +0200 Accuses firm of 'Google-envy'A well-known hedge-fund manager has hit out at Microsoft’s “overaggressive and almost panicky” attempts to plump up its online investments.… Wed, 08 Oct 2008 14:28:06 +0200 Hot and SaaSySymantec is to buy the British messaging security firm MessageLabs for $695m in cash.… Wed, 08 Oct 2008 11:22:58 +0200 Union slams 'disgraceful behaviour' of bank bossesThe UK government has announced a dramatic £50bn part-nationalisation plan for the country’s struggling banking system.… Tue, 07 Oct 2008 11:12:22 +0200 Loose lips sink shipsSAP saw its shares fall 16 per cent on Nasdaq yesterday, in a market which fell five per cent, after it warned it had seen sales fall off a cliff in the last two weeks of September.… Tue, 07 Oct 2008 06:57:22 +0200 As 300 Accenture jobs die in the UKA Japanese financial services outfit has agreed to purchase Lehman Brothers' India-based operational support businesses, rescuing roughly 3,000 people - including 1,200 IT professionals - from the worldwide economic meltdown.… Mon, 06 Oct 2008 19:26:19 +0200 SSD outfit solid as a rock - for nowEMC's favoured solid-state drive (SSD) supplier STEC has announced excellent preliminary results for its third 2008 quarter.… Mon, 06 Oct 2008 16:12:19 +0200 The PC company that rose without traceAnd so to Budapest last month for Acer’s annual global press conference. What did I learn?… Mon, 06 Oct 2008 16:11:05 +0200 Credit? What could possibly go wrong?eBay is laying off 1,000 staff and getting rid of hundreds of temporary positions at the same time as it buys three companies.… Fri, 03 Oct 2008 19:02:39 +0200 Citizen
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Cisco Systems plans to assimilate the instant messaging software maker Jabber Inc. into the corporate collective, bolstering the network giant's arsenal of enterprise communication and collaboration tools against the likes of Microsoft, Google, IBM and others.…
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