"As if the news coming out of Wall Street these days wasn't gloomy enough, various security solution providers and analyst firms are projecting that layoffs and cutbacks in the tech industry will l read more » DiscussBury
Dell posted a better-than-expected quarterly profit Thursday as cost cuts offset lower revenue, sending its shares up about 6%. read more » DiscussBury
Apple has lowered the price of the entry-level, 13-inch white plastic MacBook by $100 to $999. Antone Gonsalves writes "The price cut is also important as PC makers head toward the Christmas season unsure of how the Wall Street meltdown will affect consumer spending." read more » 1 CommentBury
Linux developers are going to be meeting with Wall Street workers and several other companies to have a direct discussion about the expectations and demands of the Linux operating system. The point of this meeting is to have top level Linux developers and upper level company managers to talk about the facts regarding the usage of Linux. This will likely cut out much of the likely useless misinformation generated by communication between management and staff. Both sides seem to welcome the event as it should make their lives easier. read more » DiscussBury
Larry Dignan posts on IBMs statement that it will beat Wall Street's earnings estimates for the third quarter. He gives the following take on the meaning behind this: "A ban on short selling by the read more » DiscussBury
"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..." read more » DiscussBury
Kevin Kelleher takes a look at what yesterday's major drop in stocks indicates for the tech. industry and specific ways in which the tech industry will suffer. read more » DiscussBury