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In yet another sign of the worsening global recession, Japanese consumer electronics giant Panasonic said Wednesday that it will lay off 15,000 employees, or 5 percent of its workforce, by March. Half of the job cuts will be made in Japan. Panasonic is the second large Japanese consumer electronics ...

Not content to essentially dominate online book sales -- not to mention a slew of other merchandise categories -- Amazon.com launched a new game download service Tuesday. Aimed at casual gamers, the e-tailer's new Game Downloads store offers users more than 600 downloadable PC games, all priced for ...

The latest installment of Net Applications' monthly survey of Web browser use chronicles an accelerating trend away from Internet Explorer in favor of "alternative" browsers such as Safari and Firefox. All three browsers reached new milestones: IE accounted for 67.6 percent of browser users in Janu...

Mobile phone manufacturer Motorola reported yet another disastrous quarter of financial results Tuesday that sent the struggling company's stock plummeting 11 percent to $4.03 per share in mid-day trading. Motorola reported a $3.6 billion loss, down from $100 million in earnings during the fourth qu...

The cost of data breaches continued to rise in 2008, according to a new study from network security company PGP and the Ponemon Institute. The study, which was sponsored by PGP, surveyed 43 organizations across 17 different sectors and evaluated the financial consequences of data breaches involving ...

In 2004 the term "Web 2.0" was originated by O'Reilly Media. The "2.0" means that this is the second generation of Web usage. Web 2.0 has created a variety of new and innovative ways to promote Web sites using social bookmarking, social networking, blogging, wikis, RSS Feeds and video feeds. These a...

Poorly secured corporate Web sites are becoming a top cybersecurity threat as companies are increasingly putting their own clients at risk, according to the latest IBM X-Force Trend and Risk Report, released on Monday. This growing online threat to consumers is the result of two trends: one, the lon...

Global sales of semiconductors dropped by 2.8 percent in 2008, according to a sales report released Monday by the Semiconductor Industry Association. It is the first decline in worldwide sales since 2001, the organization said. Total sales for 2008 were $248.6 billion, down from $255.6 billion in 20...

Thomas Friedman, in his 2005 book, "The World is Flat," introduced a concept he calls "triple convergence." Three key factors, he says, help businesses take advantage of the new technologies available: Increased connectivity and collaboration, increased capabilities in a single device, and process a...

When large businesses need to change fast, the IT systems need to do more than keep up with change -- they need to manage, define and secure it. IT repositories are now effectively orchestrating multiple enterprise systems of record that must quickly operate together as result of massive mergers and...

Nortel Networks on Thursday announced that it has discontinued its mobile WiMax joint agreement with Alvarion. Nortel characterized the move as an effort to refocus its business, better manage its investments and strengthen its broader carrier business to better position itself for competitiveness. ...

The U.S. Postal Service is thinking of curtailing deliveries. Postmaster General John Potter asked Congress on Wednesday to allow the postal service to go to a five-day delivery week in an effort to cut costs and bring ballooning operating deficits under control. The postal service has been hit hard...

From time to time, attorneys ask me to act as mediator in a situation where partners in a business are not getting along. My experience has been that partners act more like a team when they are struggling together to make the company survive. But surprisingly, the business is usually quite profitabl...

As the recession deepens and spreads across the globe, people have been asking themselves variations of the same questions: Can my company survive the recession? Can my industry? My home town? Global outsourcers are no different. It might seem that this industry would have a degree of immunity from ...

As the recession deepens and spreads across the globe, people have been asking themselves variations of the same questions: Can my company survive the recession? Can my industry? My home town? Global outsourcers are no different. It might seem that this industry would have a degree of immunity from ...