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We sum up the key stories to hit the newsdesk this week
Sun appoints Express Data as volume distributor: Sun makes the first major change to its distribution line-up in 10 years and appoints Express Data as its volume distributor. The company will take charge of Sun's x86 server portfolio, volume storage products and selected software offerings.
Software distributor winds up casualty to the Aussie dollar: Gaming software distributor, Red Ant, goes into receivership after experiencing financial difficulties. Receivers, Deloitte Touche, blamed the cheap Aussie dollar for its demise.
Oakton issues earnings warning: The ASX-listed services provider has downgraded its profit estimates to $6.5 million, almost half of the $12.5 million reported at the same time last year. CEO, Neil Wilson, put the results down to the economy, delayed projects and limp Federal Government demand.
Intel slashes jobs but not in Australia: The chipmaker is the latest vendor to announce it will cut up to 6000 jobs globally as it ceases production at two US facilities, and two assembly facilities in Malaysia and Philippines. Its Australian operations will not be affected. However, rival AMD announced it will shed 1100 jobs and cut salaries, which will apply to its Australian business.
ACS: Satyam scandal highlights need for strong corporate governance: As the ramifications of the Satyam scandal unfold, the Australian Computer Society says there needs to be a stronger focus on corporate governance and professionalism in the local ICT community. The Indian outsourcer falsely inflated financial results for several years.
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