Channel Insider Staff

NEW YORK, Sept 6 (Reuters) – Silicon Valley technology giant Oracle Corp (NASDAQ:ORCL) has hired Mark Hurd, the former chief executive of Hewlett-Packard Co (NYSE:HPQ) who resigned amid a scandal, as president. Hurd, a close friend of Oracle CEO Larry Ellison will replace Charles Phillips, who has resigned, Oracle said in a statement on Monday. […]

(Reuters) – U.S. employment likely fell for a third straight month in August as more temporary census jobs ended and cautious businesses scaled back hiring, an outcome that could pressure the Federal Reserve to prop up growth. Nonfarm payrolls fell 100,000 after declining 131,000 in July, according to a Reuters survey. Private payrolls, a better […]

(Reuters) – Employment at small U.S. businesses was subdued in August, although fewer companies cut jobs than in the previous month, a survey showed on Thursday. The National Federation of Independent Business’s monthly employment poll showed 11 percent of companies surveyed increased average employment by 2.3 employees. That was a modest rise from July’s 10 […]

SAN FRANCISCO, Sept 2 (Reuters) – Network equipment maker Cisco Systems Inc (NASDAQ:CSCO) said on Thursday it was buying start-up Arch Rock for an undisclosed sum as it aggressively moves to expand in the growing smart grid market. The news of the acquisition comes a day after the networking giant said it was teaming up […]

(Reuters) – Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping quell fears the economy could face a double-dip recession. The data released on Thursday, including sturdy sales from U.S. retailers last month, followed a report on Wednesday showing a surprising gain in […]

PARIS, Sept 2 (Reuters) – Europe’s leading information technology group Capgemini (CAPP) is buying a 55 percent stake in Brazilian peer CPM Braxis for 233 million euros ($298 million) to expand in high-growth emerging markets. "This deal will allow us to become leaders on the Brazilian market… Brazil has very strong potential, and it represents […]

Looking to enhance its security offerings for small and medium-size businesses, Dell has expanded its relationship with Internet content security provider Trend Micro. The deal is designed to bring SMBs safer and simpler data protection, Dell said. "According to the FBI, cybercriminals steal millions from small and midsize companies," said Carol Carpenter, general manager of […]

NEW YORK (Reuters) – A monthly gauge of U.S. online labor demand dropped 1 percent in August, but rose 12 percent from a year ago, an online recruiting firm said on Thursday. Monster Worldwide Inc (NYSE:MWW) said its employment index fell to 136 points in August from 138 in July. The August reading is 12 […]

(Reuters) – Canon Inc will create a U.S. subsidiary next spring to provide services to businesses that use its office equipment, the Nikkei business daily reported. The new firm, to be set up in New York as a wholly owned unit of local arm Canon USA Inc, will begin operations with a workforce of 100-150, […]

A report from IT research firm AMI-Partners found small businesses  (SBs, or firms with less than 100 employees) in the U.S. are increasingly using Web-conferencing solutions like GoToMeeting, LiveMeeting and WebEx. According to the report, nearly half of U.S. SBs are using Web-conferencing solutions today, with penetration expected to grow to 80 percent in 2011. […]

Microsoft’s Windows Phone 7 reached its release-to-manufacturing milestone Sept. 1. From here, the smartphone operating system will be released to Microsoft’s partners, who will integrate the software with their devices. >> Click here to read the rest of the story.

Samsung has nothing on rival gadget maker Archos when it comes to building Android tablets to challenge Apple’s popular iPad. While Samsung has captured headlines with its Galaxy Tab Android tablet, Archos said Aug. 31 it is launching five Android-based tablets priced from $99 to $349. The devices, which come more than four months after […]