Computer manufacturer Dell has recorded a cutback in its year-on-year profits by 48 percent, an all-time low attributed to cheap laptops. The company’s sales managed to climb up by 18 percent; however, its actual revenue gained from those sales declined by 17 percent.
In general, Dell recorded a revenue of 16 percent year-on-year. Budget curtailment is also behind the computer maker’s low sales returns. CEO Michael Dell said, "A lot of IT...
Business organizations are now turning to real-time analytics to track demand. With the economy at its lowest, the last thing businesses want are empty shelves. Shortage should be out of the question; however, last Christmas season, around 7 percent of all US retail products were out of stock.
To avoid scarcity of supply, manufacturers and retailers are employing real-time analytics, doing weekly evaluations as well as daily point-of-sale data from retailers. Through this, manufacturers...
Based on a recent survey, around 33 percent of IT workers extend their work hours amounting to over a month every year without getting paid. According to TUC, 33.8 percent of IT employees are compelled to render unpaid overtime, exceeding five hours and 48 minutes every week in 2008.
This year, TUC is "applauding the spirit and dedication of employees who are helping to keep businesses afloat," due to the...
Google has finally decided to join the Twitter bandwagon along with prominent companies like Yahoo and Microsoft. Since its much hyped registration to Twitter, Google already has 25, 000 followers and is currently following 58 people.
The search company affirmed the account was authentic and its staff seems to be enjoying Twitter’s services. Another account was created which offers answers to questions posted by its followers.
Twitter is a social networking and micro-blogging service that...
Online Resources Corp., a leading provider of online financial services, experienced a considerable cutback on its quarterly profit, attributed to a slow growth in bill pay transactions. The company recorded a net income of $3.5 million, much lower than the previous year’s income of $14.3 million.
The company pins the low sales on the three large acquisition-related client departures in 2007 and early 2008. Last year, Online Resources only recorded $1.9 million earnings, or...
Women in Technology has instituted a new consultancy service that would enable women to excel in the IT industry. The move is part of the organization’s aim to aid female workers in building successful careers as tech workers.
The consultancy service includes contingency recruitment for positions on the mid-level and top management of Women in Technology. Women will also have the ability to access information on encouraging, retaining, and progressing...
Internet service providers across the United States are exploring various ways to regulate bandwidth usage and manage traffic on their networks. Several public interest groups expressed their concerns on the strict efforts of ISPs to manage Intenet traffic. However, ISPs claim they need to take on a much controlled network management due to a swelling bandwidth usage by consumers.
Bob Quinn, senior vice president for regulatory policy at AT&T, said,...
Based on a benchmarking study by PricewaterhouseCoopers (PwC), IT security should take an effort to integrate with other corporate security functions. Steve Wright, security and business continuity management leader at PwC, said that their research revealed IT security and corporate security are not coordinated.
With today’s widespread cyber attacks, businesses should, by all means, promote IT security. Criminals are most likely to focus on some flaws in every possible way, thus making...
Yahoo CFO Blake Jorgensen has decided to leave the company following a comment he made at a Goldman Sachs technology conference. Jorgensen told delegates that Yahoo is open to the idea of selling parts of its business.
The move might be influenced by Jorgensen’s unsolicited statements; however, Yahoo would not confirm if it had asked the its chief financial officer to step down.
SEC stated in a limited filing today, "Yahoo announced that Blake Jorgensen,...
Software company Microsoft is currently reducing its contractor by 10 percent as well as future contractor pay by 15 percent. The move is aimed to save operational costs amidst global financial crisis.
Microsoft already announced last month it intended to cut 5,000 jobs as part of its cost-cutting measures. The company has around 96,000 employees and an undisclosed number of contractors.
The pay reduction is a big blow to contractors seeing that...
A new cash-based online payments service launched today could provide e-retailers with a new market, while helping to reduce transactional risks for goods bought online from their stores. Cash Payments is a new service from PayPoint.net, the online arm of PayPoint,...
A new malware is spreading across the web disguised as an antivirus application through fake reviews. Users are encouraged to download a fake security application known as Anti-virus 1. The fake reviews appear to be posted by popular tech sites which...
Counterfeit gaming consoles are flooding the UK in response to Christmas demand, according to customs officials. The fake consoles pose a variety of dangers to UK gamers, including electrocution, fire and simple disappointment when they break. One current example is the so-called...
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