Year: 2008
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Unemployment Hits 16-Year High, but Solution Providers Still Struggle to Fill Sales Jobs
The number of workers filing new unemployment claims for jobless benefits jumped last week to the highest level in 16 years, according to data from the U.S. Labor Department, with 542,000 new unemployment claims in the week ended Nov. 15 from a revised 515,000 new unemployment claims for the previous week. But don’t tell that… Read more
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Verizon Bets on RIM’s Blackberry Storm as Apple iPhone Killer
By Sinead Carew NEW YORK (Reuters) – Verizon Wireless is betting on the new BlackBerry Storm for the all-important holiday season, hoping the highly anticipated smartphone can compete against the iPhone offered by rival wireless provider AT&T Inc. The No. 2 U.S. mobile service, a joint venture between Verizon Communications Inc and Vodafone Group Plc,… Read more
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IBM Acquires Virtualization Vendor Transitive for QuickTransit
IBM has announced it will acquire virtualization company Transitive — the maker of QuickTransit software IBM has used to allow Linux and x86-based applications to run on RISC processors. The acquisition is designed to further IBM’s strategy of boosting demand for its RISC-based Power systems. Transitive’s QuickTransit dynamically translates native code between architectures, enabling applications… Read more
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HP`s Channel Commitment Pays Off
Hewlett-Packard’s announcement this week that it expects to exceed Wall Street expectations in the fourth quarter offers a beacon of hope in a decisively grim economic environment. The vendor on Nov. 18 disclosed preliminary fourth quarter results indicating a 19 percent revenue jump and a 4 percent earnings increase from the year-ago quarter. The estimated… Read more
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Nokia to add IBM’s Lotus Notes EMail to Smartphone
HELSINKI (Reuters) – Nokia smartphones will be able to access IBM Lotus Notes corporate email starting from next month, the two firms said on Thursday, as the world’s top handset maker battles Blackberry-maker RIM. Nokia said thanks to the new software more than 80 million users of its smartphones can access IBM’s Lotus email. In… Read more
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Challenges Mount for PC Maker Dell
SAN FRANCISCO (Reuters) – Dell Inc, the world’s No. 2 PC maker, posted a better-than-expected quarterly profit on Thursday as cost cuts offset lower revenue, sending its shares up about 6 percent. Dell had been facing subdued expectations for the October quarter. The company warned in September, just weeks after reporting second-quarter results, that it… Read more