Employees ’Twittering’ at work; productivity suffers

According to a survey conducted by Morse, an IT service provider, approximately three-fifths of the U.K.’s office staff said that they logged in to sites like Twitter and Facebook during office hours. They spent 40 minutes every week on such social networking sites for personal use during work hours, and it is estimated that this cost their businesses More...

by Rajat Anand | Published 6 years ago
By Adrian Santana On Friday, May 1st, 2009

Global semiconductor sales drop 30 per cent

Global chip sales dropped around 30 per cent on the year in March, with sales of $44 billion down from $62.8 billion a year earlier. According to the San Jose, California-based Semiconductor Industry Association, More...

By Adrian Santana On Thursday, April 16th, 2009

Nokia profits collapse 90 percent

The mobile phone market has practically collapsed. Nokia reported on Thursday a 90 per cent drop in first-quarter net profits as the global economic crisis takes its toll on demand for cellphones. Nokia posted More...

By Adrian Santana On Tuesday, March 31st, 2009
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Recession boosts internet crime by 33 per cent

Crimes on the internet increased by 33 per cent in 2008, says report. According to the Internet Crime Complaint Center, in a report released Monday, the number of complaints filed in 2008 jumped to 275,000 compared More...

By Adrian Santana On Monday, March 2nd, 2009

PC sales expected to drop dramatically

Technology research group Gartner Inc. said Monday that the worldwide PC industry will experience its sharpest shipment decline in history during 2009 as the global economy continues to deteriorate. Shipments More...

By Adrian Santana On Wednesday, January 28th, 2009

Yahoo reports losses of $303.4 million

Yahoo Inc. (YHOO), has reported a loss in the fourth quarter of $303.4 million as the economic downturn hit sales of online ads. The company reported spending about $137 million on severance and reorganization. More...

By Adrian Santana On Thursday, January 22nd, 2009

Nokia’s 4th quarter net profit drops

Nokia Corp (NOK), the world’s largest mobile phone maker, reported a huge 69% slump in fourth-quarter net profit on Thursday. The company slashed its dividend for the first time in seven years and predicted More...

By Adrian Santana On Thursday, January 22nd, 2009

Microsoft announces 5,000 jobs to be cut

Companies around the world this week are announcing job cuts, amid announcements of dropping demand from sectors all across the board. Telecom giant Ericsson announced 5,000 jobs to be cut Wednesday as well as More...

By Adrian Santana On Friday, November 7th, 2008

Technology sector affected by global crisis

It’s somewhat funny, just a few weeks ago you could read in several news articles, how the tech sector wasn’t going to be affected by the global crisis. The NYtimes reported on the 28th September that More...