Infrastructure

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...

Dell, the No. 2 PC maker in the U.S., has fired two top executives as part of a major restructuring designed to help close the gap with its largest competitor, HP. Chief Marketing Officer Mark Jarvis has stepped down; President of Global Operations Mike Cannon will retire, effective Jan. 31. Cannon ...

Microsoft first talked about pay-as-you-go computing years ago, but a recent patent publication suggests the software giant is moving ahead with an alternative strategy for expanding PC access around the world. The application, filed on Dec. 25 with the U.S. Patent & Trademark Office, provides a...

Struggling mobile phone maker Motorola announced drastic measures on Wednesday to cut costs as demand for its products flag in the now year-old U.S. recession. The Schaumburg, Ill.-based company will cut the pay of its co-CEOs -- Greg Brown and Sanjay Jha -- by 25 percent in 2009, freeze its U.S. pe...

Sun Microsystems' biggest institutional investor -- Southeastern Asset Management -- plans to add two new members to the struggling server maker's board of directors. Southeastern owns 22 percent of Sun's common stock. Founded in 1975, Southeastern has $34 billion in total assets under management.

Japanese consumer electronics giant Sony announced Tuesday that it will lay off 8,000 full-time employees by March 2009 and slash spending in an attempt to reposition itself for a prolonged global recession. The Tokyo-based company also plans to shutter 10 percent of its 57 plants and delay an expec...

Part of President-elect Barack Obama's plan to stimulate the economy through a massive public works program will touch upon the technology sector, which has seen its share of woes in recent months. Through the proposed economic stimulus package, Obama hopes to expand access to broadband Internet, ma...

Networking giant Cisco Systems will shut down most of its American and Canadian offices from Dec. 29 to Jan. 2 in a move the San Jose, Calif.-based company says will save it about $1 billion. Cisco's announcement is just the latest signal that technology companies are making efforts to cut costs as ...

Computer and server maker Dell surprised Wall Street with better-than-expected profits Thursday. The company reported $727 million in earnings in the third quarter, down 5 percent from the $766 million it reported during the same period in 2007. Third-quarter revenue came in at $15.16 billion, a 3 p...

Gartner has slashed its outlook for growth in spending on information technology in 2009 from 5.8 percent to 2.3 percent. Forecasts could decline further if the economy continues to weaken, the firm warned. Total global IT spending could rise just 2.3 percent to $3.5 trillion as many businesses cut ...

Oracle CEO Larry Ellison startled attendees at the company's Openworld conference -- as well as the rest of the industry -- with his announcement that Oracle and HP are joining forces to build computer hardware. It is Oracle's first direct foray into hardware manufacturing. HP will actually make the...

Worldwide shipments of servers grew 12.2 percent while revenue grew 5.7 percent in the second quarter, according to new data released by Gartner. Server vendors including Dell, IBM, Sun Microsystems and HP shipped 2.3 million units during the quarter, generating sales of $13.8 billion. IBM held onto...

Nvidia this week released second-quarter earnings that its CEO deemed "disappointing." However, future projections of growth, as well as an increase to its stock buyback program, boosted its stock price by about 10 percent on Wednesday as Wall Street decided to focus on the firm's future prospects....

Brocade Communications' fiscal third-quarter profit jumped 90 percent as a result of fast-growing sales of its new network switching products and professional services business. The San Jose, Calif.-based company reported earnings of $20.3 million on $365.7 million in revenue, compared to $10.7 mill...

Intel investors received a double whammy of both good and possibly bad news regarding the world's largest chipmaker on Tuesday. Intel's quarterly profits topped analyst estimates by 3 cents. However, the company's guidance for the upcoming quarter was less than what many in the market had been expec...