| IT budget '09: Spending down, contingencies at the ready Network World Budget Survey shows IT spending is down, but enterprise IT executives say their contingency plans are ready. CA to buy data-leak prevention vendor CA Monday announced an agreement to acquire for an undisclosed sum data-leak prevention vendor Orchestria, boosting the software maker's security, privacy and compliance... EMC buys parts of SourceLabs to bolster cloud strategy EMC acquisition of SourceLabs' assets is targeted at the storage vendor's cloud division. Force 10, Turin Networks merging Data center switching vendor Force 10 Networks this week says it is merging with Turin Networks, a provider of wireless backhaul, Carrier Ethernet and converged access systems for service providers. Microsoft layoff rumors continue their swirl The on-again, off-again rumors of layoffs at Microsoft appear to be off again after CNBC reported that the company would not have layoffs ahead of its January earnings report. Microsoft layoff speculation: 9K to 15K employees? Rumors continue to escalate that Microsoft will layoff thousands of employees sometime this month -- although Microsoft has denied that layoffs will occur -- at least in January. Cisco invests in Outlook search start-up Xobni Cisco has invested in Xobni, the start-up that makes an Outlook plug-in and was once rumored to be acquired by Microsoft. IBM employees buzzing about layoff rumors An independent Web site for IBM employees has been buzzing with rumors that the company will make significant layoffs this month. Juicy predictions for '09 A group of industry pundits offer their boldest predictions for the companies, technologies and trends that will have a prosperous 2009 -- and those that won't. (And take a look back at last year's predictions to see if the experts hit the mark.) Jobs health rumor hits Apple stock Apple's stock fell abruptly on Tuesday, but later recovered some ground, after an online report said CEO Steve Jobs bowed out of next week's Macworld Expo keynote address because of declining health. Apple CEO Steve Jobs' health problems caused by hormone imbalance, letter says Apple CEO Steve Jobs has been suffering from a hormone imbalance that's led to a gradual but steady weight loss for most of the past year. Podcast: Top 5 watch points for the IT job market As part of our 2009 IT Predictions series, we talk with Rich Milgram, CEO of job site Beyond.com. Milgram gives us his insider's take on what we can expect to see with IT jobs in the coming year. Find out how IT roles will change within the enterprise and learn which types of job openings will see posted most often. Juniper poaching Nortel’s channels? Juniper has the most to gain from Nortel's tenuous financial position, according to a bulletin issued this month by investment firm Oppenheimer & Co. AMD costs layoffs at $70M, can't say yet about ATI writedown Advanced Micro Devices has put the cost of the layoffs and other cost reductions it announced during the fourth quarter at around $70 million, higher than it had expected, but said it can't yet put a value on a goodwill impairment charge it will make related to its 2006 acquisition of graphics chip maker ATI Technologies. Nokia offloads security business to Check Point Nokia has finally found a buyer for its profitable security appliance business. From the first quarter of 2009, the division will belong to partner Check Point, the companies have announced. RIM's Certicom takeover bid hits a snag With barely two weeks to go before the end of the year, Research in Motion's (RIM) $54 million hostile takeover bid for encryption specialist Certicom Corp. has hit a snag. Analyst: Early Nortel bankruptcy might be smart It might make sense for Nortel to declare bankruptcy sooner rather than later in an effort to be in as strong a position as possible when it happens, an industry financial analyst says. Buyer beware: Outsourcing not economic panacea in 2009 Poorly constructed contracts, inadequate service delivery could negate the cost-cutting benefits of outsourcing. IT executives need to proceed with caution when signing service deals in the rush to lower fixed expenses. Foundry joins Brocade without founder Johnson Brocade Communications on Friday completed its acquisition of Foundry Networks, a deal that brings a solid Ethernet LAN company into a giant of storage-area networks. Cisco among 3 bidders for Nortel's Ethernet biz: report Nortel is reportedly entertaining bids from three companies, including Cisco, for its Metro Ethernet Networks business unit. Foundry stockholders OK merger with Brocade Foundry Networks stockholders approved the company's merger with Brocade at a special meeting held Dec. 17. The $2.6 billion union is one of the network industry's biggest this year. The long and bumpy road to Brocade/Foundry Cisco Subnet blogger Brad Reese writes: The most successful rock and roll instrumentalist of all time - Duane Eddy, had a 1959 top ten hit song titled - Forty Miles Of Bad Road (a genuine personal favorite of mine which peaked at #9), and today it could very well be the "theme song" for the long and rough road to the finish line that has become "di rigeur" for the Brocade - Foundry merger. CA releases its first global corporate sustainability report Independent IT management software company CA has released its first global corporate sustainability report. RIM sees Storm leading stronger results Research In Motion announced financial results on Thursday that matched a warning it gave earlier this month, but executives said sales of the BlackBerry Storm touch-screen handset and other new products are brightening the company's future. Bribes, scams cost Siemens $1.6 billion Siemens and some of its subsidiaries admit they spent more than $1.4 billion to bribe foreign officials, scammed the United Nations Oil for Food program and cooked their books for years until they were caught by prosecutors in Germany and the United States. Juniper maps out 2009 plans Juniper plans to stay the course in 2009 -- stick hard and fast to its high-performance networking mantra, invest in areas where customers can lower costs, and not be distracted by trendy markets such as video, ... 2008: Yahoo's year to forget For Jerry Yang, 2008 was going to be the year when Yahoo's long-awaited technology and business turnaround began in earnest. New York transfers $650M of incentives to AMD spinoff New York's Empire State Development Co. and Public Authorities Control Board voted to approve plans to transfer $650 million worth of incentives to Advanced Micro Devices' manufacturing spinoff, The Foundry Co. Podcast: Economy makes automation a must-have tech for 2009 Stephen Elliot, vice president of strategy for CA's Infrastructure Management and Data Center Automation business unit, explains why difficult economic times drive the need for simplified management capabilities and advanced automation tools. (18:50) Cisco to pay $5 million settlement to former reseller Cisco has agreed to pay a $5.45 million settlement to Infra-Comm, the VAR that successfully sued Cisco for snatching a $5 million opportunity away from the reseller and turning it over to AT&T. | 
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