Nortel's Enterprise chief tries to reassure customers It's business as usual as Nortel seeks bankruptcy protection from creditors, according to the company's enterprise chief. Nortel filed Wednesday for Chapter 11. But enterprise customers should not be deterred, according to Enterprise Solutions President Joel Hackney, who prefers the term "creditor protection" to bankruptcy. Plus: FAQ: What’s in store for Nortel Nortel bankruptcy: Links to background materials Nortel employee severance payments frozen by bankruptcy Nortel bankruptcy filings are last-ditch effort Nortel Business and Financial Restructuring letter Nortel board of directors vote to file bankruptcy Nortel customers don't need to panic, analysts say Nortel exec: Bankruptcy filing was in part to preserve $2.4B Analyst: Early Nortel bankruptcy might be smart Nortel mulls bankruptcy Podcast: How many hits can Nortel take? Podcast: Can Nortel come back from the brink? Network World blogger Matthew Nickasch, an IT executive and network industry watcher, discusses the dire straights that Nortel faces on the heels of the news the company filed for bankruptcy protection. (9:17) Steve Jobs leaving the job; taking medical leave until June Barely a week after revealing he suffered from a hormone imbalance, and vowing to stay on as Apple's CEO, Steve Jobs, in a letter issued Wednesday, told Apple employees he is stepping aside for six months. Also: Who is Apple's stand-in CEO Tim Cook? Why Steve Jobs wasn't obligated to make his health a public matter Steve Jobs' letter to Apple employees Apple's Steve Jobs takes a leave of absence Steve Jobs to leave Apple until June due to health issues Apple CEO Steve Jobs' health problems caused by hormone imbalance, letter says Report: Steve Jobs' health issue not life threatening Steve Jobs' death greatly exaggerated; obit a mistake Bartz wants 'breathing room' for Yahoo Yahoo has been pushed around by outsiders and needs to chart its own course, incoming CEO Carol Bartz said Tuesday, though she hasn't yet determined what that course should be. Yahoo confirms Bartz in as new CEO Yahoo Inc. has offered its CEO position to Carol Bartz, the executive chairman of the board of Autodesk Inc., according to a report in The Wall Street Journal. Report: Microsoft layoffs could come next week Rumors of layoffs at Microsoft continue to swirl ahead of the company's quarterly earnings report slated for Jan. 22. Report: Microsoft considers major job cuts Microsoft may start a "significant" round of layoffs as early as next week, according to a report in the Wall Street Journal Thursday. Google will lay off 100 recruiters, shift to fewer sites Google is planning to lay off 100 recruiters, and is closing down engineering offices in Texas, Norway, and Sweden as the company copes with the global economic downturn. What would Cisco CTO Warrior bring to the fed CTO job? A sharp wit and a propensity for name-dropping - perhaps that could set Cisco CTO Padmasree Warrior apart from her rival for the U.S. CTO job. Plus: Warrior as U.S. CTO: Huge win for Cisco, total disaster for America. Unfortunate timing for Cisco flight safety ads It's not Cisco's fault but some CNN viewers were shown the company's TelePresence commercials that features various people reciting flight safety instructions yesterday as the news channel reported on US Airways Flight 1549, which crash-landed in the Hudson River. Motorola announces 4,000 more layoffs Motorola plans to lay off another 4,000 employees, mostly from its Mobile Device business, and to report revenue for the fourth quarter of 2008 that would fall short of analysts' current estimates. Feds to offer cash for your clunker The government is trying to stimulate a lot of things, the economy, Wall St., the mortgage industry, and now it wants to motivate you to get rid of your clunker of a car for the good of the country (and the moribund car industry). Network critical to business growth in '09, Gartner says The down economy means weak IT spending, an uptake in cost-cutting initiatives and greater dependence on advanced network capabilities to drive business improvements and increase revenue streams, according to Gartner. Cisco Subnet blogger Jeff Doyle to lead Synergy Research's IP infrastructure practice IP expert and Cisco Subnet blogger Jeff Doyle has joined Synergy Research as a vice president of research, focused on IP infrastructure and metro/carrier Ethernet. |
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