| Akamai CEO sees opportunity in economic downturn With many companies cutting headcount and costs to weather the economic downturn, Akamai Technologies President and CEO Paul Sagan wants his sales team to spend more time with customers, part of a bid to make sure that its content delivery and edge-hosting services don't end up on the list of expenses they consider cutting. At the same time, he said the recession will push some companies, particularly those in the retail space, to accelerate their shift to the Internet. Network skills in demand, pay well in down economy Network management, desktop support and Windows administration among the sought-after skills that continue to pay during the downturn. As economy sours, Cisco and others expected to crank up M&As Mergers and acquisitions among "Internet" companies like Cisco could grow significantly this year and next as these companies look for other avenues of growth in a down economy. Tech trade group: Stimulus money is major focus The No. 1 government goal of trade group TechAmerica in the coming year is assisting federal and state governments in how to wisely spend money from the $787 billion economic stimulus package, officials there said. Is Cisco about to acquire a camcorder maker? The hot rumor in the past few days has Cisco acquiring the maker of the Flip camcorder for $500 million. Microsoft layoffs: Puget Sound area to bear the brunt In a letter published Tuesday that responds to queries sent by Sen. Charles Grassley, Microsoft said that U.S. jobs would not be given higher priority in the planned layoffs. Microsoft executive says layoffs offset by more R&D Up to 3,000 employees could be needed for Microsoft's research efforts this year, in part offsetting layoffs announced in January, a top company executive said Tuesday. Alcatel-Lucent CEO: Stimulate broadband Stimulus packages that are being put in place in response to the global financial crisis are overly focused on physical infrastructure, and not the digital agenda, said Alcatel-Lucent CEO Ben Verwaayen, during his keynote at the Cebit trade show in Hanover, Germany, on Tuesday. DEMO 09: Recession clouds hopes for cash-hungry startups Thirty-nine DEMO presenters face an economy in which venture cash is hard to come by. Satyam to sell majority stake in global bid Indian outsourcer, Satyam Computer Services, said Friday that it has received permission from regulators to sell a 51% stake in the company in a global bidding process. 2009 CCNA and CCNP Lab Build-out The economy stinks, but there are pockets of good news – such as bargains on gear, making it a good time to build a home lab, says Cisco Subnet blogger Wendell Odom. Survey: Data storage to see increased spending in '09 The results of a survey of about 450 technology professionals released Wednesday found that of 26 technology categories, data storage was the only technology for which spending would increase this year. Google share of China search market inches up in 2008 Google's share of Internet search in China moved up a hair last year, statistics from the government's number cruncher show, indicating the company continues to struggle against market leader Baidu. Wall Street Beat: Nasdaq closes in on new recession low Stock markets in many parts of the world sputtered this week amid worsening news in the financial sector, and despite some positive signs from places such as China. World's biggest contract electronics maker hiring in China After months of layoffs amid fears of a deep global recession, Hon Hai Precision Industry has started re-hiring employees at factories in China. Network World on Twitter Get our tweets and stay plugged in to networking news. |
No comments:
Post a Comment