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  • Outsourcer Wipro continues to be affected by recession

    Wipro, India's third-largest outsourcer, said Tuesday that its IT services revenue in U.S. dollar terms had declined by 4 percent to US$1.1 billion in the quarter ended Sept. 30 against the same quarter last year.

  • Optimistic outlook from Dell, Intel may signal rebound

    Like the rest of the economy, the tech sector has been in the doldrums for well over a year now. But there are signs that things may be improving. Here are five recent developments that show a tech recovery may be under way.

  • IDC: Recession driving down storage spending

    Hard times are driving large enterprises to patch holes in their storage architectures with systems designed for small and medium-sized businesses, one reason enterprise disk storage revenue fell 18.2 percent in the first quarter of this year, according to research company IDC.

  • HP to axe 850 UK jobs

    HP is set to axe 850 manufacturing jobs in the UK, according to trade union Unite.

Features about global recession