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eBay Worsening

Posted on Thursday, Jan 22nd

Previous quarters’ doubts about eBay’s Q4 performance weren’t unfounded, as was evident in the company’s results announcement yesterday. eBay’s CEO, John Donahoe, called himself “frustrated” with the previous year’s user experience and search improvement initiatives failing to translate to much higher revenue and GMV growth.

IBM’s Robust Performance Persists

Posted on Wednesday, Jan 21st

Yesterday, IBM (NYSE: IBM), the world’s leading computer services provider, yet again reported strong earnings for its fourth quarter that beat analyst expectations. Amidst the gloomy market conditions, its upbeat outlook brought some cheer.

A Sigh On January 20: Nortel’s Bankruptcy

Posted on Tuesday, Jan 20th

On this historic day of President Obama’s inauguration, here is a sigh for the world economy. The economic crisis claimed its first major victim in the technology sector when Nortel filed for bankruptcy protection on January 14 in the US and Canada. A leading supplier of networking solutions with annual revenue of $10.9 billion in

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Intel Needs To Adjust With Pricing Trend

Posted on Monday, Jan 19th

Many analysts believe that Intel is not only weathering the impact of a recession, but also battling the demand for “the same functionality for less price” phenomenon that is washing over the shores of the technology industry in every direction. I think there is a lot of truth to this, and it is a trend

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India Looks To Infosys To Salvage Reputation

Posted on Wednesday, Jan 14th

The Indian IT industry is going through turbulent times with Satyam’s (the fourth-largest player in the country) CEO reporting a $1 billion fraud. The results announced by the largest player, Infosys Technologies (INFY), did manage to bring some respite to the market. Narayan Murthy must be ashamed of his compatriot, Ramalinga Raju for jeopardizing India’s reputation.

Yahoo! Names New CEO

Posted on Tuesday, Jan 13th

Over the weekend, it became clear that Carol Bartz really wanted the Yahoo! CEO job, and that the board was willing to give it to her. Today, the appointment became official. Carol Bartz is the no-bullshit, down-to-earth, highly successful former CEO of Autodesk. Her story in Silicon Valley is a lesson in career management: boards

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Micron’s Misery

Posted on Tuesday, Jan 13th

On December 23, Micron Technologies, with annual revenue of $5.8 billion, reported results for the first quarter of fiscal 2009. Results were mixed, with stronger-than-expected sales and a wider-than-expected loss as DRAM and NAND ASP declines outpaced cost reductions.

3Com Excels in China

Posted on Monday, Jan 12th

Amidst the gloomy economic background, there is a bright spot in the form of 3Com, a major networking player with annual revenue of $1.3 billion. Last month, on December 18, in its Q209 results, the company reported another strong quarter that beat estimates. This is the second consecutive quarter that 3Com has reported a profit and

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