Power grid hacks, massive DNS rerouting, solar flares -- end-times for IT may be more likely than you think
Technology drives just about everything we do, and not just at our jobs. From banks to hospitals to the systems that keep the juice flowing to our homes, we are almost entirely dependent on tech. More and more of these systems are interconnected, and many of them are vulnerable. We see it almost every day.
Apple will post fourth-quarter sales of 3.3M Macs, up 31% over 2008
Apple will report selling another record number of Macs in the final quarter of 2009 when it unveils its financial figures later this month, a Wall Street analyst said Thursday in a note to clients.
Chips and hardware are scrutinized as vendors turn in mixed results
In a tumultuous week on the market, the attention of IT investors was captured by a mixed bag of acquisition activity and earnings news from the hardware and chip arena -- a sector that is supposed to help lead tech out of the recession.
Reuters, LinkedIn connect Sergey Aleynikov to Goldman Sachs
A high-level developer for a major Wall Street firm was arrested by the FBI on Friday and charged with stealing computer code that automates high-volume trading on stock and commodities markets, according to court documents.
Sun reported a quarterly loss Thursday, blaming the downturn in the financial sector.
Blaming the downturn in the financial sector, Sun Microsystems reported a US$1.68 billion loss for its most recent fiscal quarter on Thursday.
IT security spending is expected to grow
The global financial crisis so visible this past month is beginning to take its toll on information-technology spending, though IT security spending is expected to be spared in what many think will be a dismal coming year.
Smart companies will hunt for good merger and acquisition opportunities with stocks at multi-year lows. Here are the ones to watch.
While most eyes are still on stopping the bleed on Wall Street, smart tech companies will likely take a page out of Warren Buffet's playbook by looking for merger and acquisition opportunities with stocks at multi-year lows.
IT professionals with frozen budgets and strapped staff take on dual roles to weather economic storm
Economic uncertainty is driving CIOs to halt projects, freeze hiring and pile more responsibilities on existing IT staff.
Researcher argues for open sourcing of risk models to improve financial codes, boost transparency
The full depth of IT's involvement in Wall Street's meltdown is unknown, but one plan to stop it from happening again calls upon a growing IT trend: open source.
The turmoil in the financial markets isn't expected to lead to a tech-spending recession. But budgets may be in for some paring.
The overall economic cost of Wall Street's collapse has yet to be totaled. But it's clear that IT departments will be laboring under some changed conditions in the months ahead.
In a dramatic shift, IPOs have all but disappeared in '08
The tech sector is experiencing a crash -- not of stock prices, which rebounded somewhat on Wall Street on Tuesday -- but in its ability to take new companies public.
Competition, regulation after crisis likely to increase interest in technology to manage risk
The ongoing chaos on Wall Street could hold an upside for vendors of risk-management technologies and practices, as well as sellers of compliance management products.
Analytics, SOA, storage networking, and cloud computing providers face huge fallouts as financial customers wither
September 2008 will certainly go down as one of the blackest months in Wall Street history. Venerable financial institutions such as Lehman Brothers, Merrill Lynch, and AIG abruptly vanished or were radically overhauled. Investors lost loads of money -- in some cases, fortunes -- and ordinary taxpayers are now finding themselves funding an industry bailout that could cost a staggering US$700 billion, perhaps even more.
IT workers may soon hear a lot of talk of 'synergy' -- that's code for layoffs
Wall Street's 777-point sell-off on Monday signaled that the US tech sector is unlikely to emerge unscathed by the economic downturn -- with companies being hit in unexpected ways. Just look what happened to Apple, which has been performing strongly in recent quarters.
