Business

So far, the vast majority of press reports and blog posts coming out of the Consumer Electronics Show last week rave about Palm's new Pre smartphone and webOS, the operating system that drives it. It's a 3G phone that runs on Sprint's network, has WiFi, GPS, 8 GB of memory, and all the standard stuf...

Two giants of Japan's consumer electronics industry are expected to announce annual losses for the first time in many years. Sony, maker of the industry-changing Walkman music player and the PlayStation series of video game consoles, is expected to announce a $1.1 billion loss for the 2009 fiscal ye...

Cloud computing may still be in its infancy, but Google, Amazon and IBM -- as well as other large vendors -- have rolled out cloud services at almost breathtaking speed. Indeed, it might appear these tier one vendors already have the multibillion dollar industry sewn up. That is not true, of course....

One Laptop Per Child, a Boston-based nonprofit dedicated to providing cheap laptop computers to children in underdeveloped countries, has laid off 50 percent of its staff. That leaves the organization with 32 employees, all of whom have taken salary cuts in an attempt to cut costs, said Matt Keller,...

Beleaguered Internet portal Yahoo is about to wrap up its search for a CEO to replace cofounder Jerry Yang. An announcement could come as soon as this week. Two candidates have emerged as the company's probable next leader: Carol Bartz, who is former CEO of AutoDesk; and Susan Decker, Yahoo's curren...

Data centers and headquarters have made up approximately 90 percent of the value in many recent asset sales on Wall Street. For example, Lehman Brothers sold its assets to Barclays for $1.75 billion, 86 percent of which was for the data centers and headquarters alone. The fact is that a company's he...

As Google continues to overwhelmingly dominate the search space, and with the Department of Justice just looking for a reason to file antitrust lawsuits, it is safe to say that any serious competition to Google would be widely accepted. Serious competition to Google would have to come in the form of...

Microsoft will be providing mobile search to Verizon's huge customer base under a new partnership agreement that Verizon CEO Ivan Seidenberg and Microsoft CEO Steve Ballmer have publicly confirmed -- Seidenberg in remarks at a Citigroup conference and Ballmer at the Consumer Electronics Show. The de...

Chinese PC maker Lenovo will cut 2,500 jobs, or about 11 percent of its workforce, during the first quarter, the company said Wednesday. The cuts will include management and executive positions. In addition, Lenovo will cut executive compensation by 30 percent to 50 percent, and trim bonuses. Lenovo...

Sun Microsystems has acquired Belgian cloud computing company Q-layer for an undisclosed price. Q-layer makes software that automates the deployment and management of corporate IT infrastructure such as servers, computers and Web-based applications in both public and private clouds. "Cloud computing...

India's IT outsourcing industry received a shock Wednesday with the news that Satyam Computer Services Chairman Ramalinga Raju had falsified corporate earnings and assets. Raju inflated the cash on the company's balance sheet by nearly $1 billion, overstated September 2008 quarterly revenues by 76 p...

Chip giant Intel has once again preannounced dire financial results -- yet another sign of the year-long U.S. recession's heavy toll on the technology industry. Intel said Wednesday that fourth-quarter revenue will come in at $8.2 billion, down 20 percent from the third quarter and down 23 percent y...

Logitech is retreating from its fiscal 2009 forecast and preparing to trim about 15 percent of its global workforce in preparation for what is looking to be a grim retail year. The Switzerland-based company employs 9,000 workers and manufactures mice, webcams and other computer peripherals. Demand f...

An American's first impressions of India often include images of alternate approaches to trash management, intermittent electrical power supplies and issues of environmental sustainability. In this interview with Trudy Heller, those approaches are seen from the perspective of Heller's work designing...

An American's first impressions of India often include images of alternate approaches to trash management, intermittent electrical power supplies and issues of environmental sustainability. In this interview with Trudy Heller, those approaches are seen from the perspective of Heller's work designing...