recession
RSS recessionIntel puts data centre expansion on ice
News The company said it has no further plans to expand on its four existing data centres, which cost between $50m and $100m. Revenue per customer has been lower than anticipated, and Richard Draycote, director of marketing services at Intel put that... [01 Mar 2001]
Qwest and Sprint shore up their defences
News Qwest and Sprint, two prominent US telcos, have both taken measures to guarantee their long-term viability. Qwest, a local as well as a long-distance carrier since buying US West, is in talks with creditors to make sure its current loans are... [04 Mar 2002]
Websense bucks the trend
News Content management firm Websense has forecast higher than expected third quarter results after claiming its pricing model insulated it from the recent economic downturn. Pro forma earnings for the quarter ending 30 September 2001 are expected to be... [05 Oct 2001]
Q: Jeeves, why are you making a loss?
News Internet search engine Ask Jeeves has turned in a third quarter loss and blamed falling revenues on the continued decline in the advertising sector and a decrease in corporate spending. Revenues fell almost 50 percent, to $15.4m from $29m for the... [01 Nov 2001]
Avaya results take a dive
News Avaya has reported a decline in fourth quarter revenue and profits, but said it is set to complete its three-year spin off programme a year ahead of schedule. At the end of its first year as an independent company, Avaya reported pro forma fourth... [25 Oct 2001]
Sybase makes profits out of falling revenues
News Third quarter profits from Sybase have topped analysts' expectations, but revenue has been hard hit by the economic downturn. Pro forma profits were 20 cents per share, beating the 18 cents per share analysts had forecast. [24 Oct 2001]
Bookham suffering continues
News Bookham Technology has announced widening losses for its first quarter. The optical components firm is continuing to suffer from the downturn in the telecoms sector and reported pre-tax losses of £16.9m - up from £11.7m for the comparable quarter. [30 Apr 2002]
'Big in Japan' UK chip firm posts positive results
News UK chip firm TTP Communications has reported strong first half results - with profits up 45 per cent on revenues that more than doubled compared to the first half of 2000. Despite the downturn in the sector, TTP beat analyst expectations on the... [17 Oct 2001]
CeBIT update: German Chancellor pours scorn on dot-doomongers
News Chancellor Schröder said he believes the recent turbulence in the IT market could in fact create a solid basis for a long-lasting upturn. The industry will remain the driving force for the growth of the world economy, everything will just run a... [23 Mar 2001]
IT slowdown here to stay, says Bill Clinton's tech guru
News The IT slowdown will get worse in Europe and more people will lose their jobs, according to the head of America's oldest and largest IT association. In an exclusive interview with silicon.com, Harris Miller, president of the ITAA (Information... [03 Aug 2001]
Cheat Sheet: Microsoft Passport
Cheat Sheet It's what everyone who's anyone is saying is going to save the industry from the current recession. What is it then? Passport is the centrepiece of Microsoft's .NET initiative, which is all about web services. [09 Nov 2001]
Two's company, three's a taskforce: UK plc needs you
Comment There's more than a murmuring of the R word in various business corners and some analysts predict a full-blown (dare we say it) recession by the end of the year. The answer was evident when the UK's three largest business organisations - the BCC... [28 Mar 2001]
Childnet helps parents get web savvy
Case Study Find out what's hot on the top tech execs' agendas for 2008… Video: CIO Agenda 2008 Naked CIO: The true cost of IT Why IT must escape the belt-tightening Cost-cutting tops CIO priorities diams... [08 May 2008]
Travel site bookings fly when glitch fixed
Case Study Find out what's hot on the top tech execs' agendas for 2008… Video: CIO Agenda 2008 Naked CIO: The true cost of IT Why IT must escape the belt-tightening Cost-cutting tops CIO priorities diams... [09 May 2008]
Getting results - everybody's talking at me...
Comment Recession in one area invariably allows another to grow - and every player must deal with the condition of the wider markets. No one can be left in any doubt that the PC market has suffered. Apple's luck ran out after three consecutive years of... [19 Jan 2001]
