Enterprise IT

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...

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...

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...

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...

Microsoft is giving PC makers -- essentially, companies that make build-to-suit computers -- an additional four months to buy the Windows XP operating system. Redmond had originally designated Jan. 21, 2009, as the cutoff for shipping the OS. Now, these manufacturers can take delivery up to May 30.

In yet another sign of weakening in the technology sector, enterprise software giant Oracle announced a decline in profits on Thursday. The Redwood Shores, Calif.-based company reported $1.29 billion in earnings during the fiscal quarter ended Nov. 31, down 1 percent from $1.3 billion in earnings du...

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...

Over the past eight years, HP has quietly built itself a solid constituency in the Software as a Service community. The company offers a huge range of applications hosted in the cloud -- almost its entire IT portfolio, in fact. That is why the company views the current economic crunch with equanimit...

Over the past eight years, HP has quietly built itself a solid constituency in the Software as a Service community. The company offers a huge range of applications hosted in the cloud -- almost its entire IT portfolio, in fact. That is why the company views the current economic crunch with equanimit...

Over the past eight years, HP has quietly built itself a solid constituency in the Software as a Service community. The company offers a huge range of applications hosted in the cloud -- almost its entire IT portfolio, in fact. That is why the company views the current economic crunch with equanimit...

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...