Financial Services

Large firms guilty of reactive IT cost cull

Large firms guilty of reactive IT cost cull

Three-quarters of large firms and government departments are stripping out IT cost, with a further 10 per cent planning to do so in the future, Deloitte research shows.
Phil Muncaster Apr 28 2009 6:08AM Financial Services
Opinion: Can green IT survive the downturn?

Opinion: Can green IT survive the downturn?

The need for IT to take a lead role in environmental matters should not be diminished by the recession, writes Pete Foster.
Pete Foster Apr 24 2009 6:34AM Financial Services
IBM reports slight drop in profits

IBM reports slight drop in profits

IBM has reported a one per cent drop in profits in its quarterly earnings statement but is bullish about the future of 2009.
Iain Thomson Apr 21 2009 3:18PM Financial Services
Motorola spin-off speculation revived

Motorola spin-off speculation revived

Motorola could yet spin off the mobile phones division of its business sooner than expected, according to analyst speculation.
Phil Muncaster Apr 20 2009 6:20AM Financial Services
Google sees first ever drop in revenue

Google sees first ever drop in revenue

Google has reported profits are still being made but sales are dropping in the recession.
Iain Thomson Apr 17 2009 2:01PM Financial Services
Infosys suffers as IT budgets are slashed

Infosys suffers as IT budgets are slashed

Infosys has revealed a sequential decline in quarterly profit in its financial results for the quarter ended 31 March 2009.
Rosalie Marshall Apr 16 2009 11:57AM Financial Services
Skype to spin off in early 2010 IPO

Skype to spin off in early 2010 IPO

Skype parent company eBay plans to spin off consumer voice-over-IP company Skype in an initial public offering in 2010.
Staff Writers Apr 15 2009 11:05AM Financial Services
Unisys wins $14m ANAO deal

Unisys wins $14m ANAO deal

The Australian National Audit Office has fulfilled its Gershon-review cost saving targets in one fell swoop after negotiating 12 per cent savings with IT outsourcer, Unisys.
Brett Winterford Apr 14 2009 3:25PM Financial Services
Twitter downplays Google purchase rumors

Twitter downplays Google purchase rumors

Twitter co-founder Biz Stone has issued an informal response to reports that his company was about to be bought by Google.
Shaun Nichols Apr 7 2009 2:16PM Financial Services
BlackBerry maker sees strong profit growth

BlackBerry maker sees strong profit growth

Shares in Blackberry maker Research in Motion (RIM) jumped 20 per cent in after-hours trading yesterday after the firm posted strong profits for the fourth quarter of 2009, beating analysts' expectations.
Tom Young Apr 6 2009 12:33PM Financial Services
Google close to buying Twitter?

Google close to buying Twitter?

Reports on blog TechCrunch claim that Google is in advanced negotiations to acquire micro-blogging site Twitter.
David Neal Apr 4 2009 9:35AM Financial Services
IT spending down for the first time since 2001

IT spending down for the first time since 2001

Analyst firm Gartner has painted a bleak picture of the IT industry in the months and years to come.
David Neal Apr 1 2009 2:10PM Financial Services
Google announces funding arm

Google announces funding arm

Google has announced a new arm of its business, Google Ventures, a technology investment fund.
David Neal Apr 1 2009 12:24AM Financial Services
Black day for Melbourne R&D as NEC & CA cut staff

Black day for Melbourne R&D as NEC & CA cut staff

NEC has announced it will retrench 153 positions from its facility in Mulgrave, Melbourne - the second international vendor to dramatically reduce its Melbourne R&D investments in a single day.
Brett Winterford Mar 25 2009 4:04PM Financial Services
Intel tweaks stock options, freezes pay

Intel tweaks stock options, freezes pay

Intel is rolling out a pair of new shareholder proposals which could affect the financial status of nearly all the company's employees.
Shaun Nichols Mar 24 2009 2:37PM Financial Services
Dell extends small business award deadline

Dell extends small business award deadline

Dell Australia is offering an extra fortnight for tech savvy Australian small businesses to submit an application to win between US$25,000 and US$50,000 in Dell products and services.
Staff Writers Mar 23 2009 3:37PM Financial Services
Palm losses widen with poor smartphone sales

Palm losses widen with poor smartphone sales

Palm has posted its seventh consecutive loss-making quarter as it unveiled its latest financial results for the 2009 fiscal year.
Miya Knights Mar 23 2009 2:45PM Financial Services
Aussie start-ups to get $83m boost

Aussie start-ups to get $83m boost

Federal Innovation Minister Kim Carr has announced the Federal Government will offer $83 million in funding to early-stage start-up companies.
Staff Writers Mar 18 2009 5:28PM Financial Services
Opinion: Adopting a frugal approach to the web

Opinion: Adopting a frugal approach to the web

Companies can still reap big rewards via their web sites by adopting a "frugal web content management" strategy, says Forrester analyst.
Mar 13 2009 12:42PM Financial Services
Tech stocks upgraded on the ASX

Tech stocks upgraded on the ASX

Optus parent SingTel and technology retailers JB Hi-Fi have been promoted to the Standard and Poor's ASX 100 after the ratings firm conducted a review of the shell-shocked local stockmarket.
Staff Writers Mar 7 2009 10:20AM Financial Services

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