News

• Apple to give iPhone 3GS a new lease of life

  By Ashleigh Allsopp | 23 May, 2012 17:07

  Despite being three years old, Apple believes that the iPhone 3GS still has some life left in it, according to reports.

• Court rules former Goldman Sachs programmer did not violate federal theft law

  By John Ribeiro | 12 April, 2012 15:47

  Former Goldman Sachs programmer Sergey Aleynikov did not violate the National Stolen Property Act and the Economic Espionage Act when he allegedly uploaded proprietary source code to a server in Germany, the U.S. Court of Appeals for the Second Circuit said Wednesday in an opinion.

• Facebook selects NASDAQ for listing, report says

  By Mike Bucken | 06 April, 2012 09:03

  Facebook will list its stock on the NASDAQ stock exchange following what some observers say is he most anticipated IPO in a decade, according to a report today in the New York Times .

• Big data helps drive math Ph.Ds to IBM

  By Patrick Thibodeau | 17 February, 2012 08:16

  Big data , and the need to analyze data that's collected from every interface and sensor imaginable, is increasing the demand for people with statistical and mathematics backgrounds.

• Apple CEO Cook says iPad, tablets will outsell PCs

  By Ian Paul | 16 February, 2012 02:54

  Apple CEO Tim Cook believes that tablets such as the iPad will outsell PCs in the coming years thanks to the explosive popularity of one-panel slates as well as innovation from tablet makers and app developers.

• IT staff face jobs threat as Citigroup announces 4500 redundancies

  By Anh Nguyen | 08 December, 2011 19:02

  Citigroup has announced plans to cut 4500 jobs around the world in order to reduce its costs.

• AMD inside trader sentenced to 11 years in jail

  By Leo King | 15 October, 2011 19:12

  Raj Rajaratnam - the Galleon hedge fund founder convicted of insider trading on millions of dollars worth of AMD, IBM and other stocks - has been handed an 11-year jail sentence.

• Man who stole Goldman Sachs code gets 8-year sentence

  By Robert McMillan | 22 March, 2011 07:12

  A former Goldman Sachs computer programmer has received a stiff prison sentence for stealing source code used in the company's high-frequency trading system.

• Fear not. Facebook isn't shutting down

  By Sharon Gaudin | 11 January, 2011 08:47

  No need to worry that Facebook will shut down on March 15, as reported by the supermarket tabloid Weekly World News.

• Fear not. Facebook isn't shutting down

  By Sharon Gaudin | 11 January, 2011 08:36

  No need to worry that Facebook will shut down on March 15, as reported by the supermarket tabloid Weekly World News.

• Facebook's leaked financials show possible $1B profit in '11

  By Sharon Gaudin | 08 January, 2011 06:40

  Facebook reportedly generated $1.2 billion in revenue in the first nine months of 2010, according to a document being distributed by Goldman Sachs.

• Rise of the tablet may be a blow to Intel, says Goldman Sachs

  By Sharon Gaudin | 15 December, 2010 22:16

  Tablets are making such a mark in the computer market that they just might start giving the world's largest chip maker a good bashing.

• Microsoft's Ballmer kills call for break-up

  By Gregg Keizer | 18 November, 2010 07:06

  Microsoft's CEO Steve Ballmer yesterday dismissed a call that he should do what the federal government failed to do more than 10 years ago: break up the company.

• Should Microsoft be carved up?

  By Preston Gralla | 26 October, 2010 00:51

  A recent Goldman Sachs report that downgraded Microsoft stock from Buy to Neutral also made this startling suggestion: Microsoft should be carved up, with its consumer division severed from its enterprise business.

• Call to carve up Microsoft 'silly,' says analyst

  By Gregg Keizer | 05 October, 2010 06:26

  A call by financial firm Goldman Sachs for Microsoft to spin off its Xbox video game line doesn't make sense, an analyst countered today.