Year: 2008

  • Report: Microsoft Tries to Steal Verizon Deal

    Channel Insider Staff

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     Microsoft Corp, capitalizing on Google Inc’s regulatory snarl, is working to steal a deal with Verizon Wireless away from its rival, the Wall Street Journal said.   Microsoft has got the mobile carrier’s attention by offering a sweeter deal to put its search service and related advertising on Verizon phones, the paper said.   Microsoft is… Read more

  • Unemployment Rate Hits 14-Year High

    Channel Insider Staff

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    WASHINGTON (Reuters) – The unemployment rate shot to a 14-1/2 year high last month as employers slashed jobs by an unexpectedly steep 240,000, suggesting President-elect Barack Obama will face a deep recession when he takes office. The Labor Department said on Friday the jobless rate rose a steep four-tenths of a percent to 6.5 percent… Read more

  • Google Chief Says No to Obama Tech Czar Post

    Channel Insider Staff

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      SAN FRANCISCO, Nov 7 (Reuters) – Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) Chief Executive Eric Schmidt said Friday he would not serve as technology czar in Barack Obama’s administration if he was asked.   "I love working at Google and I’m very happy to stay at Google, so the answer is no,"… Read more

  • Cisco Helps Channel Partners Extend International Reach

    Jessica Davis

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    Looking to help IT solution providers who deal in an increasingly global marketplace, Cisco Systems has announced an infrastructure and program to help its channel partners collaborate with their counterparts in other countries around the world. The go-to-market program is built around a transaction-based partner collaboration model, Cisco said, announcing the program at a global… Read more

  • Lenovo Sees up to $100M in Restructuring Costs

    Channel Insider Staff

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    HONG KONG, Nov 7 (Reuters) – Lenovo (0992.HK) expects to book another $75 million to $100 million restructuring charge "going forward", its top executives said on Friday, as the world’s fourth-largest PC maker struggles to reduce costs in a difficult market. Executives on a conference call did not put a timeframe on that expense, but… Read more

  • Nvidia Results Top Street Estimate

    Channel Insider Staff

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    SAN FRANCISCO, Nov 6 (Reuters) – Graphics chipmaker Nvidia Corp (NVDA) reported quarterly results on Thursday that topped Wall Street’s estimate, as the company held the line on expenses while sales fell, and shares surged 12 percent. Nvidia said its fiscal third-quarter net earnings for the quarter ended Oct. 26 came in at $61.7 million,… Read more