Stories by Computerworld Hong Kong staff

HSBC Private Bank: Data of 15,000 clients stolen

HSBC Private Bank (Suisse) Thursday revealed more details about a data theft in Switzerland that took place more than three years ago. The incident affects 15,000 existing clients, enormously more than the figure reported last December when the bank said the number of account records taken was less than 10.

Gartner: IT budgets in 2010 to be at 2005 levels

IT budgets will only rise by a weighted global average of 1.3 percent in nominal terms in 2010, compared with 2009 levels where IT budgets declined 8.1 percent, said Gartner following the release of results from the 2010 CIO survey by Gartner Executive Programs (EXP).

China to invest $US58 billion in 3G

After the approval of the issuance of 3G licenses earlier this year, China confirms it will invest RMB 400 billion ($US58.82 billion) in 3G over the next three years.

Cisco unveils next stage of corporate strategy for China

Cisco CEO John Chambers announced Wednesday in Beijing the next phase of its corporate strategy for China, marked by new public-private collaborative programs within the country that deliver upon its US$16 billion multi-year innovation and sustainability initiative first announced in November 2007.

PCCW, IBM form US$300 million alliance

Pacific Century CyberWorks Ltd.'s (PCCW) Business eSolutions division and IBM China/Hong Kong Wednesday signed a 10-year agreement to provide IT services to enterprises and organizations in various industries, the companies said in a joint statement.