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Wall Street Beat: After Facebook fiasco, don't write off tech IPOs

The Facebook IPO may have been a fiasco, but don't put the nail in the coffin just yet for other tech offerings this year.

By Marc Ferranti | 25 May, 2012 22:22

Tags: Investments, business issues, Morgan Stanley, Facebook, workday, Eloqua, palo alto networks, sap, Ariba

Yahoo Axis may be game changer for search and the troubled company

With Axis, Yahoo is trying to change the search game, while also trying to change its image as a troubled company.

By Sharon Gaudin | 24 May, 2012 20:08

Tags: Yahoo, software, search engines, Microsoft, IT industry, Internet Search, internet, Google, browsers, applications

Facebook beefs up mobile photo sharing with Camera

Facebook introduced its own mobile photo app, Camera, on Thursday, bringing richer photo-sharing features to the platform even before the company closes its deal to acquire the popular photo-sharing app Instagram.

By Cameron Scott | 24 May, 2012 18:56

Tags: social networking, Internet-based applications and services, internet, Facebook

European privacy regulators want more detail on Google's policy changes

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By Peter Sayer | 24 May, 2012 17:42

Tags: privacy, security, search engines, internet, Google

Ellison, Phillips, McDermott to take stand in Oracle-SAP retrial

During the upcoming retrial of Oracle's corporate-theft lawsuit against SAP, the companies plan to call a star-studded array of tech executives as witnesses including CEO Larry Ellison, former Oracle co-president and current Infor CEO Charles Phillips and SAP co-CEO Bill McDermott, according to court documents filed Thursday.

By Chris Kanaracus | 24 May, 2012 16:49

Tags: Leo Apotheker, Charles Phillips, larry ellison, Application services, services, Civil lawsuits, intellectual property, legal, personnel, business issues, applications, software, hewlett-packard, TomorrowNow, oracle, sap

Yahoo leaks private key, allows anyone to build Yahoo-signed Chrome extensions

Yahoo was forced to release a new version of its Axis extension for Google Chrome after the original one contained a private key that allowed anyone to digitally sign extensions in Yahoo's name.

By Lucian Constantin | 24 May, 2012 16:41

Tags: encryption, security, browsers, applications, software, search engines, internet, Yahoo

Are CEOs getting the social media thing?

IBM says a study it did of some 1700 Chief Executive Officers worldwide found that many indeed - or should be - grasping social media as a key enabler of collaboration and innovation.

By Michael Cooney | 24 May, 2012 13:33

Tags: web 2.0, unified communications, software, social media, networking, Internet-based applications and services, internet, IBM, collaboration, ceo, applications

Yahoo launches stand-alone mobile search app

Yahoo beefed up its search offerings on Wednesday when it launched Axis, an HTML5-based browser app that delivers search results as page previews rather than as links.

By Cameron Scott | 24 May, 2012 00:01

Tags: mobile applications, mobile, search engines, internet, browsers, applications, software, Yahoo

Panel: Future CIOs will have careers blending non-tech roles with traditional IT duties

Next-generation CIOs will have to consider how technology affects other corporate departments as well as handle traditional IT management functions, especially those accompanying mobile device management and greater data analysis, according to panelists who spoke at the MIT Sloan CIO Symposium in Cambridge, Massachusetts.

By Fred O'Connor | 23 May, 2012 21:35

Tags: CIO role, it management, Modell's Sporting Goods, PricewaterhouseCoopers, Massachusetts Institute of Technology, Sensata Technology

UPDATED: HP slashes 27,000 jobs as part of restructuring program

It's official. Hewlett-Packard will cut 27,000 employees as part of its long-term restructuring plan, the company said when it announced quarterly financial results.

By Agam Shah | 23 May, 2012 20:52

Tags: restructuring, pc, layoffs, hewlett-packard, Components, business issues

Microsoft takes Bing Streetside offline in Germany after privacy complaints

Microsoft has taken its Google Street View-like service Bing Streetside offline in Germany after German citizens expressed their worries about how Microsoft handles requests for blurring of images, the company said on Tuesday.

By Loek Essers | 23 May, 2012 10:31

Tags: Streetside Street View, Maps, Internet-based applications and services, privacy, security, search engines, internet, Microsoft, Google

CIOs mull how to innovate and tighten belts simultaneously

CIOs face a common set of thorny challenges these days, namely the pressure to deliver innovations even as they seek to cut or hold down spending, according to an array of senior IT executives who spoke on Tuesday at the MIT Sloan CIO Symposium in Cambridge, Massachusetts.

By Chris Kanaracus | 23 May, 2012 05:29

Tags: workday, time warner, software, it management, internet, Booz Allen Hamilton, accenture

Apple's Cook 'top-paid US CEO in 2011'

Apple chief executive, Tim Cook, topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $US300 million ($A305.95 million) above his next rival, a Wall Street Journal survey shows.

By AAP | 22 May, 2012 09:18

Tags: tim cook, business, Apple

Brain drain: Where Cobol systems go from here

David Brown is worried. As managing director of the IT transformation group at Bank of New York Mellon, he is responsible for the health and welfare of 112,500 Cobol programs -- 343 million lines of code -- that run core banking and other operations. But many of the people who built that code base, some of which dates back to Cobol's early days in the 1960s, will be retiring over the next several years.

By Robert L. Mitchell | 22 May, 2012 00:55

Tags: it management

IBM Retirement Plan Promises Jobs Through '13

IBM is offering employees who are nearing retirement, and who might be worried about layoffs, a one-time opportunity to participate in a program that would guarantee their employment through Dec. 31, 2013.

By Patrick Thibodeau | 21 May, 2012 23:47

Tags: Management and Careers, it management, IT industry, IBM, careers

Top 7 dilemmas facing today's developers

Your boss wants it yesterday, but it better be good when judged by the standards of tomorrow. Your customers want every feature they can imagine, but don't you dare confuse them by giving them all the buttons they want. Your fellow programmers want your code documented, but they just respond "tl;dr" to anything you write.

By Peter Wayner | 21 May, 2012 23:05

Tags: oracle, it management

EU offers Google a chance to avoid fines over four antitrust concerns

Google has "a matter of weeks" to address four antitrust issues identified by European Union antitrust regulators. If Google addresses these issues the case can be solved by a so-called "commitment decision" instead of formal antitrust proceedings resulting in a fine, said Joaquín Almunia, Vice President of the European Commission responsible for Competition Policy.

By Loek Essers | 21 May, 2012 14:36

Tags: antitrust, legal, Regulation, government, search engines, internet, european commission, Google

HP plans massive layoff, say reports

The last time Hewlett-Packard Co. announced a layoff of 25,000 people, it was on the same day that Lehman Brothers collapsed and the stock market nose-dived. That was in September 2008.

By Patrick Thibodeau | 19 May, 2012 03:37

Tags: Management and Careers, layoffs, IT industry, hewlett-packard, business issues

HP poised to cut up to 30,000 jobs

Hewlett-Packard is reportedly poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.

By AAP | 18 May, 2012 09:13

Tags: tablets, job cuts, HP, computers, business

T-Mobile USA clarifies job cuts will be net 350, not 900

T-Mobile USA clarified its latest restructuring plans and said the changes will result in a net 350 job losses, not 900 as reported earlier.

By Matt Hamblen | 17 May, 2012 21:59

Tags: T-Mobile USA, Mobile and Wireless, it management, IT industry, careers, Apple

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