Financial Services

CA outlines priorities for IT investment in recession

CA outlines priorities for IT investment in recession

CA kicked off its user event today with advice for IT chiefs and businesses on how to get through the current bleak economic climate, including the need to dramatically reduce the amount of IT budget dedicated to running the IT organisation.
Madeline Bennett Nov 17 2008 3:06PM Financial Services
Outsourcing lacks ambition, all about cost

Outsourcing lacks ambition, all about cost

A London School of Economics professor has urged executives to put ‘a level of ambition’ back in outsourcing to achieve innovative outcomes over and above a low-cost benefit.
Ry Crozier Nov 13 2008 12:29AM Financial Services
Circuit City files for bankruptcy

Circuit City files for bankruptcy

Embattled US electronics retailer Circuit City has filed for bankruptcy protection, just two months after booting its chief executive.
Shaun Nichols Nov 12 2008 3:26PM Financial Services
Gartner warns of IT budget shortfalls in Australia

Gartner warns of IT budget shortfalls in Australia

Anyone expecting a magical silver bullet from Gartner to help them ride out the current economic turmoil might have to look elsewhere for it, if the first day of the 2008 Symposium ITxpo in Sydney is anything to go by.
Ry Crozier Nov 11 2008 4:00PM Financial Services
LinkedIn pulls in millions more in funding

LinkedIn pulls in millions more in funding

Professional social neworking site LinkedIn has announced that it has raised US$22.7 million in additional funding to warm it through the icy financial winter.
Sylvie Barak Oct 24 2008 6:58AM Financial Services
Intel opens its wallet for science

Intel opens its wallet for science

Chipmaker Intel has launched a new program in hopes of training young engineers. The company said today that it would be spending some US$120 million over the next ten years as part of a program to improve science and math education.
Shaun Nichols Oct 22 2008 2:59PM Financial Services
Australians support HECS for businesses, survey finds

Australians support HECS for businesses, survey finds

A majority of Australians believe that a system similar to the Higher Education Contribution Scheme (HECS) should exist for business research and development founding, a survey has found.
Staff Writers Oct 21 2008 2:18PM Financial Services
Google profit up 26 per cent

Google profit up 26 per cent

Google’s third quarter results have shown profit increased 26 per cent from the third quarter of 2007.
Iain Thomson Oct 20 2008 3:28PM Financial Services
IBM makes a billion here, a billion there

IBM makes a billion here, a billion there

IBM has defied analyst predictions, posting a 20 per cent increase in the third quarter profit over last year, despite poor hardware sales.
Sylvie Barak Oct 18 2008 10:28AM Financial Services
Economic effects on IT strong but mixed, IDC predicts

Economic effects on IT strong but mixed, IDC predicts

Hardware will be the main casualty of the Australian economic downturn, while IT services will have most to gain, recent research from IDC predicts.
Staff Writers Oct 17 2008 11:36AM Financial Services
Emerging markets drive mobile growth

Emerging markets drive mobile growth

Worldwide mobile penetration rates are expected to reach as high as 95 per cent by 2013 from the current level of 46 per cent, according to a recent report by Tariff Consultancy.
Ian Williams Oct 11 2008 2:09PM Financial Services
Economic crisis a 'return to normality', ANZ CEO says

Economic crisis a 'return to normality', ANZ CEO says

Global economic uncertainty may be curbing jobs and investments, but according to Mike Smith, CEO of the ANZ bank, ‘good businesses’ should have nothing to fear.
Liz Tay Oct 8 2008 12:30AM Financial Services
Google puts off Yahoo deal

Google puts off Yahoo deal

Google has said that is putting its planned advertising deal with Yahoo on hold to allow more time for the competition aspects to be by regulators.
Iain Thomson Oct 5 2008 11:14PM Financial Services
Telstra advertising bucks trend, up 50 per cent

Telstra advertising bucks trend, up 50 per cent

Telstra BigPond has reported a 50 per cent growth in advertising revenue this year, in contrast to traditional print and television outlets.
Staff Writers Oct 3 2008 7:18AM Financial Services
Tech stocks suffer dramatic downturn

Tech stocks suffer dramatic downturn

Tech stocks were hit hard on Monday as Congress rejected the US$700 billion bailout bill.
Aharon Etengoff Oct 1 2008 3:58PM Financial Services
Microsoft pushes for Wall St bailout to protect tech firms

Microsoft pushes for Wall St bailout to protect tech firms

With much of Wall Street reeling from the current banking crisis, Microsoft chief executive Steve Ballmer is lobbying congress to reconsider its refusal to bail out the teetering market.
Shaun Nichols Oct 1 2008 3:52PM Financial Services
$3 billion pledged to wipe out malaria

$3 billion pledged to wipe out malaria

The Bill and Melinda Gates Foundation donated over US$168 million to wipe out malaria and other deadly diseases by 2015.
Stewart Meagher Sep 29 2008 2:59PM Financial Services
Yahoo overhauls banner ad system

Yahoo overhauls banner ad system

Yahoo has rolled out a new marketplace for selling banner advertisements. The 'Apt' system will link prospective advertisers with some 784 sites from local newspapers.
Shaun Nichols Sep 29 2008 2:40PM Financial Services
Yahoo may reignite talks with AOL

Yahoo may reignite talks with AOL

The new board at Yahoo, which includes billionaire investor Carl Icahn, is to reopen talks with Time Warner about AOL, according to reports.
Staff Writers Sep 26 2008 9:23AM Financial Services
IT survives US economic downturn, for now

IT survives US economic downturn, for now

Latest figures shows that the IT industry has been surprisingly immune to the US economic slowdown. But analysts warn that this immunity won’t last.
Staff Writers Sep 25 2008 3:33PM Financial Services

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