Demand for equipment is still growing, but Juniper warns that challenges remain. Juniper Networks has some hard news for investors on Thursday, indicating that the market for networking equipment -- previously seen as somewhat resistant to the downturn in IT spending -- is also feeling the effects of the recession. Yet there's still a reason for optimism: In spite of the current economic slowdown, demands on networks continue to grow -- a…
Читать дальше Juniper Optimistic as Networking Outlook Dims

Microsoft responds saying it is laying off those it can most do without, citizens or not. In wake of impending layoffs, Microsoft has released a preliminary response to a U.S. Senator who wants the software giant to cut non-citizens first. The upshot – it's not that simple. Microsoft's answer states that it will indeed layoff a significant number of H-1B temporary work visa holders but that their visiting worker status will not…
Читать дальше Microsoft to Layoff Some H-1B Holders

The wireless sector may still be growing, but the recession is still hitting its big players hard. [/caption] While the recession is prompting layoffs and salary freezes across the tech landscape, the wireless industry is weathering the storm better than others. But with dwindling growth rates and weakening margins, it's clear that wireless players are feeling the chill as well, according to the latest stats from research firm Strategy Analytics. Mobile carriers, for instance…
Читать дальше Carriers Inch Ahead as Phone Makers Suffer

Tech stocks continue to be the stock market's one bright spot. Stocks rebounded sharply Wednesday on better than expected results from IBM (NYSE: IBM) and news that CEOs at some of the nation's biggest banks were buying shares in their battered companies. IBM shares rocketed 11.5% on the company's strong earnings report, and Apple (NASDAQ: AAPL) kept the party going after hours when it soared 9% on a much better than expected…
Читать дальше Apple, IBM Lead Stock Market Rebound