News

• NEWS FOCUS: Economic buffeting ahead

  By Matthew Sainsbury | 26 July, 2011 16:39

  Channel chiefs and economists have warned that while GFC2 might not be upon us, business confidence is about to get a buffeting.

• BUDGET 2011 ECONOMY: On course for surplus in 2012/13 - Swan

  By AAP | 10 May, 2011 20:41

  Federal Treasurer Wayne Swan remains on course to preside over the first Labor government budget surplus since Bob Hawke was returned for a fourth time as prime minister in 1990.

• Soft retail figures indicate a less than robust economy

  By AAP | 04 November, 2010 12:43

  A softer than expected retail sales result suggests the economy is not as robust as first thought as consumers remain reluctant to open their wallets, according to economists.

• HP revenue drops in tough climate

  By Robert McMillan | 20 May, 2009 07:05

  Computer industry bellwether Hewlett-Packard reported a three per cent drop in revenue as its major lines of business continued to be hammered by the global recession.

• Cisco's Chambers sees hope after recession

  By Stephen Lawson | 19 May, 2009 04:12

  The current recession is almost the opposite of the 2001 downturn for Cisco Systems because of permanent cost-cutting and the company's move into new technologies and markets, Chairman and CEO John Chambers said Monday.

• Paper: Consumer data helps fuel Internet economy

  By Grant Gross | 19 May, 2009 04:31

  Online targeted advertising and the collection of consumer data are the fuel of Internet commerce, not the major privacy problems described by some advocates and U.S. lawmakers, according to a new paper.

• In tight times, IT managers more likely to postpone than cancel a project

  By Matt Hamblen | 15 May, 2009 02:30

  IT managers have canceled outright fewer client computing projects during the recession than expected, preferring instead to postpone or scale them back, according to a Gartner Inc. survey of 475 IT administrators at large companies in nine countries.

• Ballmer: IT has opportunities from economic recovery

  By John Ribeiro | 14 May, 2009 04:24

  Growth will have to come from higher productivity and innovation when the economy begins to recover, Microsoft CEO Steve Ballmer told developers gathered Wednesday in Hyderabad for the company's India edition of the Tech Ed conference.

• Microsoft earnings down over last year

  By Nancy Gohring | 24 April, 2009 06:52

  Microsoft missed analyst expectations for its third quarter, stumbling under the weight of the faltering economy.

• Wall Street Beat: Tech shares hit 7-year low, bounce back

  By Marc Ferranti | 13 March, 2009 08:23

  Shares of technology vendors are bouncing back after hitting a seven-year low Monday, but bad news including dour reports on the mobile and components sectors are a reminder that the continuing recession makes the beginning of a sustained comeback unlikely.

• ARN report: Channel looks to expand in tight economic climate

  By Nadia Cameron | 13 January, 2009 10:10

  IT industry representatives remain upbeat about prospects in the short- and long-term and are planning to expand their businesses, a new ARN survey has found. But many admit the global economic climate has taken its toll on customer spending and profits.

• Intel describes how credit crunch can hurt

  By Nancy Gohring | 03 November, 2008 10:33

  Intel added warnings in its quarterly filing with the U.S. Securities and Exchange Commission about how the deteriorating economic conditions worldwide may negatively affect its business.

• Economy likely to stall new enterprise mobile apps

  By Nancy Gohring | 21 October, 2008 11:49

  The economic downturn will probably slow down the development of new mobile enterprise applications, even as changes in the mobile industry are making it easier for developers, said executives at a mobile conference in Seattle on Monday.