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  • Lenovo Passes on Buying Positivo

    Lenovo’s expansion ambitions are being put on hold as the personal computer and notebook manufacturer says it will not pursue an acquisition of Positivo Informatica, a Brazilian computer and software maker. For more than two weeks, Lenovo has been rumored to be pursuing an acquisition with another small PC manufacturer to bolster its competitive positioning…

  • Citibank Accountholders Locked Out by Computer Glitch

    Citibank accountholders will have limited access to their funds today, as the financial firm works to repair an unspecified “computer glitch,” WCBS TV reports. According to the report, Citibank lost access to its account records in what sounds like a database or a backup corruption incident. The report was unclear of the root cause, but…

  • Technology Vendors Loosen Credit Strings for Channel, End User Companies

    While some IT solution providers regularly offer financing to end-user companies to help close deals, analysts say it’s not the majority. However, over the last year many vendors have seen a growing interest in software leasing — a form of financing — and in the last few months several hardware vendors have sweetened their financing…

  • IBM Paying Partners Upfront on Deals

      In trying times like these, cash is everything As part of its ongoing effort to dramatically simplify doing business with solution providers, IBM is reducing the number of channel programs it support by 70 percent and altering the terms and conditions around each deal to put more cash in the hands of solution providers…

  • Survey: IT Organizations to Spend on Video Conferencing in 2009

    Plenty of technology industry observers have predicted that video conferencing would stand to benefit in 2009, since travel is often the first thing that companies cut from budgets when money is tight.  But now a new survey of existing users of video conferencing technology has proven the theory. Over the past year, both interest and…

  • McAfee, Loe Part Ways After Just Three Months

    After just three months, North America channel chief Lisa Loe has parted company with McAfee, a spokesperson for the security vendor confirmed. Roger King, executive vice president of worldwide channels, will assume responsibility for Loe’s duties, and McAfee also confirmed that they are considering both internal and external candidates in the search for a replacement…

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