IDG News Service-Chip company Advanced Micro Devices on Thursday said it would lay off 15%of its workforce as it tries to inch back to profitability at a time when the PC market is slumping. The company will lay off close to 1,800 of its ...
Tags: Chip company, Workforce, AMD, PC market
Chip manufacturer Intel is to let go of a "small percentage" of the workforce at its McAfee computer security business. Intel completed its acquisition of McAfee in February 2011 for $7.7bn (£4.8bn). At the time, Renée James, ...
Tags: Intel, Mcafee, Atom Z2760, chip manufacturer
Even though an upbeat U.S.government jobs report caused shares of some companies to jump Friday,tech vendor stocks faltered on the back of mixed quarterly reports. Tech vendor financial reports this week painted a portrait of the state of ...
Tags: PC, Share, HP, Samsung, Wall Street
HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman – the third HP CEO in as many years – ...
Tags: Meg Whitman, HP, union Unite, IBM
European regulations for the gambling sector,launching new products and driving revenue growth as a recently floated public company put enormous pressure on the IT team at Betfair. But chief technology officer(CTO)Tony McAlister,in post ...
Tags: Tony McAlister, Betfair, European regulations, CRM system
Glass products maker Apogee Enterprises Inc (APOG. O) reported a quarterly profit above estimates and raised its full-year profit forecast as sales rose in its architectural business, sending its shares up 12 percent in extended trading. ...
Tags: market view, glass
While earnings from marquee-name tech companies such as Apple and Facebook disappointed this week, sales of mobile devices and enterprise software showed signs of growth. The deluge of earnings reports offered mixed news about sales but ...
Tags: ERP, Wall Street, US, software
Google has reported a profit of $2.79 billion in the second quarter, up 11% over the same period of last year, in the company's first financial statement since it finalized its acquisition of Motorola Mobility in May. Motorola brought in ...
Tags: Google, financial statement, US, Motorola
(Reuters) - Railroad shipments of lumber are gaining momentum, signaling a construction upturn that should drive up shipping volume of consumer products from appliances to furniture. This mounting demand for construction and household goods ...
Tags: market view, lumber
Aerospace and energy system components manufacturer Woodward is the latest company to see its profits hurt by costs associated with an ERP (enterprise resource planning) software project, according to an announcement it made. Woodward ...
Tags: ERP, Woodward, USA, computer industry
Organisations must prevent women from excluding themselves from the top jobs in IT, according to Jane Moran, global chief information officer of Thomson Reuters, and winner of Computer Weekly’s “Most Influential Woman in UK ...
Tags: IT, Global CIO, Thomson Reuters, Women
Computer Weekly has launched a programme to recognise the most influential women in UK IT – and we want your help in selecting the winners. Scroll down to vote and see the bottom of the page to find out more information on our ...
Tags: Women, IT, Computer Weekly, Programme
German cement maker HeidelbergCement is getting its energy costs under control and is raising prices, allowing the company to predict profitability will remain at least on last year s level when it was among the highest in the industry. ...
Tags: market view, cement
Cooper Industries PLC's (CBE) fourth-quarter earnings rose 13%, aided by a sharp increase in income from a joint venture with Danaher Corp. (DHR) that manufacturers hand tools. Cooper, which makes safety lighting, circuit breakers, wiring ...
Tags: Market View, tool
Cree Inc, a maker of LED lighting, reported a lower-than-expected quarterly profit and also gave a forecast for the current period that fell short of analysts' estimates, sending its shares down more than 5 percent. Fierce competition ...
Tags: Cree Inc