Recent Articles
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DRAM Revenue to Reach $40 Billion in 2010: Report
A report from IT market analysis firm Research and Markets projected the dynamic random access memory (DRAM) industry will experience robust growth in revenues throughout 2010. Worldwide DRAM revenue is expected to near $40 billion in 2010, up 81 percent from the $22 billion earned in 2009, according to the report. Global DRAM sales volumes…
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Oracle Hires HP’s Former CEO Mark Hurd
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.…
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HP Sues Ex-CEO Mark Hurd Over Oracle Job
HP has filed suit against former CEO Mark Hurd over his intention to join Oracle, which could be considered a rival in many aspects of the business. HP announced the lawsuit at its corporate blog. The tech giant filed the civil complaint in the California Superior Court of Santa Clara County, stating the following: “Mark…
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Jobs: Employment Falls for Third Straight Month in August
(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…
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Job Creation Still Bleak at Small Businesses
(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…