Recent Articles
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Business to Hire to Pre-Recession Levels By 2012, Study Shows
More than half of large U.S. businesses that reduced their workforces in the last year plan to rebuild to pre-recession levels within two years according to a new study from consulting firm Accenture. The Accenture High Performance Workforce Study found that 54 percent of large companies plan to rebuild while only 13 percent plan to…
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Rackspace Open-Source Platform Parts Clouds
Hosting and cloud computing specialist Rackspace Hosting announced the launch of OpenStack, an open-source cloud platform designed to foster the emergence of technology standards and cloud interoperability. OpenStack will feature several cloud infrastructure components including a fully distributed object store based on Rackspace Cloud Files, available via OpenStack.org. The company said the next component planned…
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AMD Quarter Beats Forecasts
LOS ANGELES, July 15 (Reuters) – Chipmaker Advanced Micro Devices Inc (NYSE:AMD) posted better-than-expected results and estimated revenue growth of up to 10 percent in the current quarter on stronger demand for its new notebook chip set. The news came two days after far larger rival Intel Corp (NASDAQ:INTC) set a bright tone for semiconductor…
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Google Quarter Earnings Disappoint
SAN FRANCISCO, July 15 (Reuters) – Google Inc (NASDAQ:GOOG) missed Wall Street’s quarterly profit estimates for the first time in two years after a spike in expenses offset a 24 percent revenue jump, but it vowed to keep investing in new businesses to drive long-term growth. Shares of the Internet search engine leader fell almost…
