50 per cent Q2 growth won't cut it

Software as a service poster-child Salesforce.com today dished out second quarter results that showed a massive rise in revenue, which did absolutely nothing to impress investors.…

Computers and currency do their thing

In a world of financial doom and gloom, sales of PCs are offering a glimmer of light. Don't believe us? Just look at Hewlett-Packard, which on Tuesday reported a third-quarter profit that beat Wall Street expectations and forecast healthy sales in the current period.…

Recession, recession, recession

Finance professionals’ confidence in the IT sector is slipping as UK businesses face the toughest trading environment since the early 1990s, according to a new report.…

Bazillionaire waves 55 million shares

Following through on its pact with Wall Street kingpin Carl Icahn, Yahoo! said today that two Icahn pals have been added to its board of directors.…

Settles Jobs backdating case

The former top lawyer at Apple has agreed to pay $2.2m to settle federal charges she illegally cooked the company's financial books to conceal backdated stock options issued to CEO Steve Jobs and other top executives.…

Halifax doesn't need a little extra help after all

Halifax Bank of Scotland (HBOS) is slashing around 100 IT jobs as part of a cost-cutting exercise aimed at reducing duplication between mortgage brands.…

Restructure hits bottom line

Restructuring charges battered Logica's first half profits despite first half revenues growing by six per cent, figures released today show.…

Blighty staff worry if they'll ever meet HP

Updated EDS has more than doubled the pool of workers pinpointed for possible voluntary redundancies in the UK, The Register has learned.…

Cultivated surge planned

NetApp's earnings climbed 11 per cent during its fiscal first quarter 2009, but margins were thin due to growing interest in low-end storage and an investment "surge" that the company expects to pay off in the second half of the year.…

Election crowd pleasing = higher pump prices?

There's something about the oil business that turns even intelligent people into frothmouthed loons: they're raping the planet, shafting Joe Sixpack or, from the other side, insisting that the drill in every back yard is the very definition of America. I realise that in the middle of an election that the small still voice of reason isn't going to get much airplay but let's give it the old school try anyway.…