| Ballmer provides grim outlook as economy 'resets' Speaking to financial analysts on the heels of Microsoft's announcement of layoffs and a disappointing second quarter, CEO Steve Ballmer referred to current economic conditions as an entire recalibration that means the economy likely won't return to its previous prosperity.
Plus: Steve Ballmer's memo to the Microsoft troops in full How to cut IT costs without hemorrhaging With no fat left to trim, how can IT managers keep cutting costs without damaging core services? Many industry professionals say implementing processes around IT cost management or deploying chargeback technologies can provide the insight that IT and business teams need to better understand how to spend what's left of budgets. What not to cut from IT budgets: Staff As the economic crisis carries on and IT executives consider what to cut next, industry watchers warn against slashing staff resources. Sprint to ax 8,000 employees Sprint said Monday that it plans to lay off 8,000 employees in a move that the company says will save it $1.2 billion annually. IBM confirms layoffs Despite releasing stronger than expected earnings on Tuesday and at the time expressing optimism for 2009, a round of job cuts is underway at IBM and it looks like Big Blue's Canadian operations have not been ... Craig Barrett to retire from Intel After 35 years with the company, Craig Barrett plans to retire as chairman of Intel in May, the chip maker announced Friday. Brocade's new CTO takes aim at Cisco Dave Stevens is in his second go-round as CTO of Brocade, but this time the company has much bigger aspirations. Brad Reese on Cisco: HP ProCurve wrestles Cisco with new tag team Don't ever forget that wrestling superheroes Macho Man Randy Savage and Hulk Hogan successfully tag teamed and beat the human colossus Andre the Giant and his tag team partner Ted DiBease at SummerSlam. Why? Because today all eyes are on HP ProCurve as it wrestles goliath networking vendor Cisco with a new stable of tag team partners: ProCurve Open Network Ecosystem (ONE). IBM posts strong Q4 profits, no layoffs announced IBM on Tuesday reported fourth-quarter fiscal 2008 revenue of $3.28 per share, a 17% increase year-over-year, but said total revenues for the quarter dropped 6 percent to $27 billion. Intel to shut four plants, lay off 6,000 Amidst a bevy of bad news in the PC market, Intel took two corrective steps this week, aggressively slashing prices on chips on Monday and announcing Wednesday that it would close four chip plants and cut as many as 6,000 jobs. Juniper expected to cut jobs amid weak demand Juniper is expected to lay off workers next month as a result of slowing growth, including in its enterprise business, according to an investment firm. What would happen to IT if Obama's plan for the economy fails? Blogger Larry Chaffin asks: What happens if Obama fails with his great dream to rescue the economy, what will it do to the IT industry? Brad Reese on Cisco: Nortel chief flying in corporate jet as company files for bankruptcy protection Yours truly was totally shocked to learn that Nortel CEO Mike Zafirovski was still using a private jet, especially six days after Nortel filed for bankruptcy protection. F5 attempts to lure Nortel Alteon customers F5 Networks this week became the latest vendor to target customers of bankrupt Nortel by offering a buyback program for the company's application switches.
Plus: Nortel's Enterprise chief tries to reassure customers
Podcast: Can Nortel come back from the brink? RIM pulls bid for security vendor Certicom Research In Motion pulled its hostile bid for security vendor Certicom on Tuesday, the day after a judge issued an injunction that halted the offer. Sophos may lay off up to 5% of staff Security vendor Sophos plans to lay off up to 5% of its staff, the company said Thursday. Nokia's sales, profit and market share drop Nokia reported fourth-quarter sales down about 19% year on year. The company sold fewer phones than a year earlier, and its market share also dropped, it said Thursday. HP, Cisco join to modernize Quebec Airport, HP to provide ongoing network support Cisco is supplying its networking and wireless gear, in addition to unified communications systems, and HP is serving as end-to-end systems integrator - and more interestingly - will provide ongoing support for the network infrastructure. SafeNet buys Aladdin then announces merger The owners of the encryption specialist SafeNet announced last week that it will acquire Israeli security vendor Aladdin Knowledge Systems for $160 million (£109 million), with the intention of eventually merging the two security companies. Brad Reese on Cisco: Cisco distributor says customers demanding HP ProCurve This week Westcon's UK Comstor division announced that it will distribute the HP ProCurve product line to its reseller customers alongside its previously almost exclusive Cisco product line card. Cisco scammers in the slammer It doesn't pay to commit crimes against Cisco. In separate cases this week, two Cisco scammers were sentenced to jail for commiting crimes with Cisco gear. | 
In Las Vegas, data center takes power and cooling to the limit.
10 woeful tales involving backup tapes: some current, some classic and one just plain unusua.
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