economic in news
RSS economic in newsID cards project adds implementation chief
News According to the Identity and Passport Service (IPS), an extra board member has been appointed to the scheme as the government prepares for the first 50,000 ID cards to be distributed to non-European Economic Area... [18 Nov 2008]
Sepa adoption 'could take five years'
News However, according to business solutions manager Paul Styles at electronic payments systems supplier ACI Solutions, Sepa take up has ground to a halt, following the economic slowdown across Europe, because banks have... [18 Nov 2008]
Recession won't hit BT £1.5bn fibre broadband plans
News BT's plans to roll out next generation super-fast broadband across the UK won't be affected by the economic situation, despite concern from some shareholders. He added that all the reasons that make the rollout of... [17 Nov 2008]
Ultra Mobile Broadband goes the way of the dodo
News Qualcomm CEO Dr Paul Jacobs told an analyst day in New York on Thursday economic uncertainty has prompted the company to undertake some "resource reallocation". The ongoing fight to be a next-generation wireless... [17 Nov 2008]
PC vendors under the microscope
News Intel's warning this week that the company sees "significantly" lower demand for its chips signaled that the worst is still to come for PC makers as they navigate the current economic storm. Commercial and consumer... [17 Nov 2008]
Virgin Media axes 2,200 jobs
News At the time, however, Berkett said the business was showing "good resilience" in the face of the economic slowdown. Virgin Media is to shed 2,200 jobs as part of the ongoing restructuring of various parts of the... [11 Nov 2008]
Nortel to slash 1,300 jobs
News Telecoms equipment maker Nortel Networks has flagged plans to cut 1,300 staff as it reported its biggest quarterly loss in seven years amid a worsening economy. The company said it lost $3.4bn, or $6.85 per share, during the third... [11 Nov 2008]
Credit crunch could drive banks to SaaS security
News And Edmund Comber, manager of IT security and technical development at investment bank Rothschild, told silicon.com that economic uncertainty means businesses may favour the predictable pricing model of SaaS compared to... [10 Nov 2008]
Google CEO turns down Obama tech boss job
News Schmidt, who campaigned on behalf of President-elect Barack Obama, has been advising the Obama campaign on technology and energy matters and is part of Obama's 17-member Transition Economic Advisory Board. [10 Nov 2008]
Start-ups placing faith in the cloud
News The roundtable, which was held in London on Wednesday, brought together representatives from eight IT companies to discuss the position of start-ups in the current economic climate. Start-ups stand in a good position to... [07 Nov 2008]
Microsoft CEO: "Not interested" in Yahoo!
News Speaking at a Committee for Economic Development of Australia lunch in Sydney today, Ballmer said: "Look, we made an offer, we made another offer. Microsoft CEO Steve Ballmer today said Microsoft was "not interested" in... [07 Nov 2008]
Apple storms past RIM in smartphone race
News Analyst firm Canalys released market share stats on Thursday showing strong growth for the smartphone market even as the worldwide economic situation takes a turn for the worse. Apple's blowout quarter for iPhone 3G... [07 Nov 2008]
Don't dither over IT in the downturn, banks told
News Financial institutions are being warned they have two tech choices in order to survive the economic downturn: either go all out and plump for radical IT-enabled change, or make like bears and hibernate until the storm... [05 Nov 2008]
Revised search deal for Yahoo!-Google?
News The companies had been balking at such low caps, noting it would offer little economic benefit to their arrangement, sources familiar with the deal previously told CNET News. Yahoo! and Google have reportedly revised... [04 Nov 2008]
Stark warning over cyber attacks on UK businesses
News Internet warfare expert Ira Winkler, president of the Internet Security Advisory Group, said Chinese hackers were "vacuuming up the internet for security and economic secrets" - citing examples such as the Titan Rain... [29 Oct 2008]
