| Research Firm Predicts IT Spending Rebound Posted: SAN FRANCISCO—Businesses and governments around the world are set to resume IT spending in 2010 following a dismal 2009, according to a new report from market research firm Forrester Research Inc. Global IT spending is forecast to rise 8.1 percent in 2010 to more than $1.6 trillion, following an 8.9 percent decline in 2009, according to Forrester (Cambridge, Mass.). U.S. IT spending is ... |
| TSMC To Recruit 3,000 Engineers, Says Report Posted: LONDON — Foundry chipmaker Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan) said Thursday (Jan. 14) that it planned to recruit more than 3,000 employees to help it expand manufacturing capacity, according to a Reuters report. TSMC would start recruiting this month and that most of the recruits would be engineers, referenced TSMC as saying. TSMC employees about 23,000 people so the ... |
| HP, Microsoft Partner In Cloud Computing Posted: SAN JOSE, Calif. — In another move toward consolidation in business computing, Hewlett-Packard and Microsoft said they will spend as much as $250 million over the next three years in a new collaboration to deliver integrated systems, software and services for cloud computing. The two expect to roll out a variety of products based on Microsoft's Azure cloud service, running on HP systems ... |
| AMCC Cuts 11% Of Workforce Posted: SAN JOSE, Calif. -- In a move to cut costs, Applied Micro Circuits Corp.--or AppliedMicro--is reducing its workforce by approximately 11 percent, according to a filing. The employees affected by the plan were informed on Jan. 12. It expects to incur cash expenditures of approximately $1.3-to-$1.7 million during this calendar year for employee severances. The company anticipates that the ... |
| Veteran Tech Exec Named Silicon Image CEO Posted: SAN FRANCISCO—Three months after the company's longtime chief abruptly stepped down, digital TV chip and IP vendor Silicon Image Inc. Tuesday (Jan. 5) named Camillo Martino, a 25-year high-tech veteran, CEO. Martino, 47, most recently served as a board member and chief operating officer at SAI Technology Inc., a supplier of 4G and security technology solutions to the mobile communications ... |
| Qualcomm Exec Resigns Amid Reorganization Posted: SAN JOSE, Calif. -- Qualcomm Inc. has reorganized its operations as more executives leave the company. Len Lauer, chief operating officer of Qualcomm (San Diego), has resigned and accepted a CEO role at another undisclosed company. As part of the changes, the Qualcomm MEMS Technologies (QMT) organization will now report to Steve Mollenkopf, executive vice president and president of ... |
| Obama to tap Bush adviser for cyber post Posted: WASHINGTON, Dec. 22 (UPI) -- An official in U.S. President George W. Bush's administration is tapped to be the cybersecurity coordinator for President Obama, an official said. The White House official said Howard A. Schmidt would be named Obama's choice to coordinate the government's strategy for protecting computer systems Tuesday, The Washington Post reported. Schmidt will oversee ... |
