Transmeta axes 200 staff
Transmeta has axed 40 per cent of its workforce in an effort to return to profitability by the end of next year.
The cull will account for 200 jobs and should see quar...
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IBM profits plunge 97 per cent
Technology bellwether, IBM has reported a 97 per cent slump in profits due to a huge $2.1bn charge for jobs cuts and restructuring.
For its second quarter, Big Blue tu...
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Apple appeases Mac and PC users with new products
Apple CEO Steve Jobs unveiled an iMac with a 17-inch monitor in his New York Macworld keynote speech today, as well as a Windows-version of the iPod MP3 player.
Jobs w...
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Intel to make cuts in face of poor Q2
Intel has posted a less-than-impressive set of second quarter figures. The chip giant missed forecasts, making a net profit of $446m on revenues of $6.3bn, at the low end...
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Dot-com bank shuts up shop
The investment bank that created such infamous IPO stars as eToys, Webvan and eMachines has itself been forced to shut up shop.
Robertson Stephens was formed back in 1...
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Logica snags Australian government contract
UK IT services company Logica has won a £9m contract to build an electronic marketplace for the Australian government.
The struggling services firm, which was forced t...
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Dusty fax machines are still getting some love
Despite the rise of email and the internet, the good old fax still has an important part in business communications, according to recent research.
A survey commissione...
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Apple to unveil new-improved iMac
Apple devotees are expected to be shown the latest iMac model, complete with a 17-inch screen, at next week's Macworld Expo.
Sales of the 15-inch model have stagnated ...
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HP slashes 1,580 UK jobs
HP will cut 1,580 jobs in the UK as part of its 5,900 European job cull.
The company wants to save $3bn by 2004 following its merger with former rival Compaq.
Staff...
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EDS lays off 2,000
EDS is cutting 2,000 jobs, around 1.4 per cent of its global workforce.
The outsourcing giant insisted the redundancies are not a result of the precarious financial si...
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