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UK Tech Recession Is Over, Say Analysts
News The CEBR believes that the American IT sector is also through the worst of the recession, and is predicting that recovery will begin in Q1 2002. For a round-up of the latest tech business coverage, see the Business News Section.
[March 18, 2002, 16:09]
No Tech Recession Any Time Soon!
Talkback If there is indeed a recession as predicted, tech will be one of the last industries to feel the trickle-down effect, right next to food! Mr Watkins is right, tech has moved beyond luxury status, it is now cetral to people's lifestyles not to...
[January 25, 2008, 21:59]
US Recession May Hit Indian Tech Sector Hard
News When the US sneezes, the world catches a cold, or so the adage goes. That saying could prove particularly true for India's IT and IT-enabled services (IT-ITES) industry, where the US accounts for the largest share — at over 50 percent — of the...
[April 10, 2008, 9:00]
N+I: Executives Cautious About Spending, Says Cisco
News In high-tech, it was not a recession, it was a depression," Chambers said. In a question and answer session following Chambers speech, he said it would likely be the United States that spurs the world economy out of recession.
[May 9, 2002, 9:22]
Tech Firms Blame Europe For Slow Growth
News This appears to be a global IT recession; the question now is when the US will pick up," said Steven Milunovich, Merrill's tech strategist. The capital spending recession and macroeconomic slowdown appears to have spread throughout the developed...
[July 12, 2001, 15:41]
Dow Off Sharply As Trading Resumes
News With the economy in recession and an escalating political and military campaign barely begun, the central bank will now ease aggressively," Applegate said. Lehman Brothers strategist Jeffrey Applegate said the terrorist attacks would surely push...
[September 18, 2001, 8:54]
Bush Aide: Tech To Lag In US Revival
News Clearly this is an economy coming out of recession more slowly than anyone would like," Bonilla said. The Comdex crowds got an Economics 101 lesson on Wednesday as a presidential economic adviser offered a sobering analysis of the tech industry's...
[November 21, 2002, 7:41]
How Safe Is Your Tech Job?
News It is important to distinguish between the tech recession, and the full blown recession that it has ushered in. The recession in the tech sector, like any wider recession, exists as much in the mind as in the reality of lengthening dole queues and...
[March 29, 2001, 11:30]
Rupert Goodwins' Diary
Blog London-based research outfit, the Centre for Economic and Business Research, says that the recession in the tech sector is over. Monday 18/03/2002 The week starts on a bright note. It quotes various figures that you may or may not care to believe...
[March 26, 2002, 10:11]
Ballmer Will Let Yahoo Brand Live
Blog Just as city types are nervous that the US and UK will “talk themselves into recession” - surely there’s also a danger of the tech industry talking Yahoo into acquiescing to Microsoft’s bear hug takeover bid?
[February 8, 2008, 9:01]
Tech Workers Left Out Of Economic Recovery
News That's much lower than the unemployment rate of previous downturns, including the 1990 to 1991 recession, when unemployment topped out at 7.8 percent. But unemployment in the tech sector, which was particularly stung during the downturn in 2000 and...
[March 21, 2002, 16:25]
Stuck In High-tech Hell? There's A Way Out!
News The self-help guru and Omega Institute for Holistic Studies faculty member talked to CNET News.com about how the recession has shaped workers' psyches and how tech workers can actually benefit from jumping off -- or in some cases getting kicked...
[July 1, 2002, 16:27]
UK Tech Summit Draws Big Names
News We started in the teeth of the recession," said Bennet. This is the most high-level gathering of the technology industry this year," said James Bennet, managing director of European Technology Forum, which runs the Tech Summit.
[August 27, 2003, 11:20]
UK Plunges Down List Of Top Tech Nations
News In the middle of the Great Age of Uncertainty -- war, terrorism, economic recession and disease -- nations around the world must continue on their path toward the development of the Information Society," IDC said of its index results, in a statement.
[June 23, 2003, 13:44]
From High-tech To Blue Collar
News According to the Bureau of Labor Statistics, the unemployment rate in the United States was 5.6 percent in January -- relatively low for a recession, which typically generates unemployment rates of 8 percent or more in the United States.
[February 8, 2002, 14:07]
US High-tech Visa Quota Already Met
News In the wake of a recession and major technology industry layoffs, Congress let the cap drop to 65,000 for this year. Comments from a Bush administration official indicated the proposal may cover high-tech jobs.
[February 19, 2004, 13:39]
News Roundup: Sacking Shadow Haunts IT Workers
News It examines the root causes of the tech recession, and suggests a way out of the gloom Bad news in the mobile phone sector, combined with a US economic slowdown, has meant many of the UK's high-tech workers have been facing redundancy.
[April 3, 2001, 9:49]
Global Satellite Broadband Network On Track For 2004
News Both Logica and Inmarsat appear to be suffering from the current tech recession. UK tech firm Logica said this week that it has won a £6m contract to help Inmarsat develop a global, satellite-based, broadband network within the next three years.
[September 28, 2001, 14:36]
ARM Sees Opportunity In Adversity
News Its latest results come as the chairman and chief executive of Motorola, which manufactures a wide variety of PC and embedded chips, warned that the high-tech sector is in a "recession". ARM believes it can ride out the high-tech slump through the...
[April 11, 2001, 11:24]
Compaq Scores Two Mammoth Contracts
News And Sun chief executive Scott McNealy quips that part of plan to cope with the recession is "just answer the phone calls from HP and Compaq customers. More enterprise IT news in ZDNet UK's Tech Update Channel
[December 20, 2001, 14:45]
