Thursday | 8 January, 2009

Stories about: Wall Street

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    Economic downturn creates rough ride for IT on spending 23/10/2008 08:39:00

    With the economy struggling and financial markets in a state of chaos, this is becoming a hard time to be an IT manager.
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    Jobs: The iPhone is Apple's netbook 23/10/2008 07:25:00

    Apple has no imminent plans to compete in the growing market for "netbooks," the small, inexpensive laptops that accounted for 5 percent of all US notebook sales last quarter, CEO Steve Jobs said Tuesday.
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    Yahoo will cut staff 10 percent or more; Q3 disappoints 22/10/2008 11:16:00

    Yahoo will lay off at least 10 percent of its global staff before the end of the year, the company announced on Tuesday along with disappointing financial results for its third quarter.
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    With market meltdown, which tech firms become predator or prey? 13/10/2008 07:39:00

    While most eyes are still on stopping the bleed on Wall Street, smart tech companies will likely take a page out of Warren Buffet's playbook by looking for merger and acquisition opportunities with stocks at multi-year lows.
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    Open sourcing code may improve transparency on Wall Street 10/10/2008 08:00:00

    The full depth of IT's involvement in Wall Street's meltdown is unknown, but one plan to stop it from happening again calls upon a growing IT trend: open source.
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    Huawei shelves plan to sell stake in wireless device unit 10/10/2008 07:25:00

    China-based networking equipment maker Huawei indefinitely postponed the sale of a stake in its wireless terminals manufacturing unit Wednesday, citing global financial uncertainty.
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    Intel's lawyers launch probe into AMD's spinoff plans 09/10/2008 10:04:00

    Intel's lawyers are evaluating whether a new manufacturing business spun out of Advanced Micro Devices could end a long-standing cross-licensing agreement between the firms.
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    Analysts: Spin-off puts AMD back in the fight with Intel 08/10/2008 10:22:00

    By splitting off its manufacturing operations into a separate company, Advanced Micro Devices could be on track to become the nimble, innovative company that once had Intel on the run.
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    Wall Street's collapse puts US IT spending in (some) peril 07/10/2008 07:19:00

    The overall economic cost of Wall Street's collapse has yet to be totaled. But it's clear that IT departments will be laboring under some changed conditions in the months ahead.
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    Wall Street Beat: IT shares hit but hope for midterm remains 03/10/2008 08:51:00

    The US financial crisis is taking a toll on mergers and acquisitions and share prices in the technology sector, causing the tech-heavy Nasdaq to slump to a new 52-week low Thursday, but industry watchers have an underlying confidence in the midterm scenario for IT vendor revenue.
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    Gartner: Wall Street woes won't take down tech 03/10/2008 08:11:00

    IT spending is faring better than the overall economy, and the sector "will avoid a recession in 2008," says Gartner. But in a report sent to clients this week, the analyst firm says it believes IT budgets will show "very low year-over-year growth rates until business growth significantly improves."
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