Job cuts in the US technology industry in 2011 are down significantly from a year ago and turnover levels in IT shops have returned to pre-recessionary levels, but that doesn’t make the tens of thousands of people in the United States who have been laid off from electronics, telecommunications and computer industry jobs feel much better.
Cisco today announced a former VMware executive will head up the newly formed Cisco Security Group at Cisco, which combines two formerly separate units into one security-focused group.
Check Point Software is buying governance, risk management and compliance vendor Dynasec Ltd., which will add software that can help businesses comply with government regulations such as Sarbanes-Oxley and health insurance portability and accountability act (<a href="http://www.networkworld.com/news/2011/090911-hipaa-250659.html">HIPAA</a>).
If at first you don't succeed ...
Apple, which today is holding a company-wide memorial for Steve Jobs, says that it has received more than 1 million messages from those recalling the company co-founder and former CEO in the wake of his death at the age of 56.
Apple’s stock price fell more than 6% in after-hours trading Tuesday, after the company revealed fourth quarter results that didn't quite meet Wall Street's expectations despite setting Apple records.
<a href="http://www.networkworld.com/slideshows/2009/060309-apple-quiz.html">Apple</a> co-founder and longtime CEO Steve Jobs died last week from respiratory arrest related a recurrence of pancreatic cancer that spread to other organs, according to a copy of his death certificate made public yesterday.
Apple will formally honor co-founder Steve Jobs at an employee event at the company's Cupertino, Calif., campus on Oct. 19.
Red Hat announced Tuesday that it is acquiring Gluster, which makes open-source software that clusters commodity SATA drives and NAS systems into massively scalable pools of storage, in a cash deal valued at about $136 million. Gluster is also a contributor to the OpenStack cloud project and Red Hat is promising this involvement will continue. Indeed, Red Hat is now uncharacteristically saying its support of OpenStack will grow even beyond Gluster to the next release of Fedora.
Microsoft CEO Steve Ballmer received compensation valued at $1.38 million this year, according to documents filed this week with the U.S. Securities and Exchange Commission. His total package is up roughly 2% compared to 2010, when he received compensation valued at $1.35 million.
Microsoft, confirming one of the technology industry’s worst kept secrets, is killing off its Zune music player about 5 years after its debut as a potential iPod killer.
HP has started laying off workers associated with last year's billion-dollar acquisition of Palm, as it closes down the mobile device business it planned to base on Palm's webOS. The news comes almost exactly a month after HP announced a sweeping reorganization and refocusing of its business.
While the majority of CIOs plan to maintain their current IT headcount, 12% are eyeing expansions and 6% are expecting cutbacks in the fourth quarter of 2011.
HP management has not been good to the company over the last few years. One would have to do a lot of searching to find a management team that has so thoroughly messed up in the court of public opinion.
Cisco Monday announced that it has acquired privately held Versly, a maker of collaboration software for Microsoft Office applications.