HP is rumored to be considering a move that could cause as many as 25,000 of its employees to be laid off, or about eight percent of its total workforce, including some early retirement packages. More...

Nokia announced today that they will be "improving efficiencies" at the company, which will result in 3,500 job losses from the closure of three locations worldwide More...

AOL is to shut down many of its European offices after failing to cut a third of its international workforce through voluntary redundancy. Although 1,100 of the company's staff have taken voluntary redundancy, a further... More...

It's no secret that the video game industry has suffered during the current recession. With studios closing at an alarming rate, analyst Wanda Meloni estimates that 8,450 video game redundancies have been made since July... More...

Japanese electronics company Sharp warned last Friday that it will be posting a 100 billion yen ($1.1 billion) loss for the current fiscal year, and also announced that there would be 1,500 contract worker job... More...

Sony is expected to report a $2.9 billion loss this year for the first time the company has reported an annual loss in over 14 years. The company predicted a $1.65 billion profit for... More...

When Microsoft posts its quarterly profit on Thursday, it is expected that it will have missed the company's own target for the quarter, prompting speculation that the company could soon announce thousands of job cuts.... More...

Sony Corp, the maker of Bravia LCD TVs, Cyber-shot cameras and the Playstation game console, is expected to announce a restructuring plan this week, according to the Financial Times. Last month the Japanese company outlined... More...

RIAA has reached an agreement to stop suing individuals who continue to share music illegally, but will cut your internet connection off instead. The decision was reached with ISP's to send a warning letter to... More...

It seems that we only saw a part of the massive job cuts in the IT industry recently. Sun Microsystems released a statement for the press about their plans for adjusting to the "economical climate"... More...

With the recent price drops from Microsoft for their Xbox 360 console, it would have been a fair bet for anyone that Sony would have followed suit to compete. If you were a betting person,... More...

eBay has said it is laying off 10% of its workforce, as part of a move to streamline the business. The amount is approximately 1,000 staff and hundreds of temporary workers. It is also expected... More...

Microsoft has decided that Windows 7 won't include built-in programs for e-mail, photo editing, and movie making, as was done with Windows Vista, CNET News.com has learned. The software maker included Windows Photo Gallery, Windows... More...

Price cuts by Toshiba on its HD DVD players in the U.S. earlier this month may prove to be "useless resistance" in the battle against the rival Blu-ray Disc optical disc format, according to Gartner.... More...

Guy Hands, the private equity owner of EMI, plans to cut up to 2,000 jobs at the ailing British music company, in a plan to rebuild the group which has sparked fury from some of... More...

Consumer electronics maker Toshiba Corp said on Monday it is slashing prices of its HD DVD format players by between 40 to 50 percent as major Hollywood studios move to embrace Sony Corp's Blu-ray format... More...

Palm Inc., the troubled maker of Treo smart phones, laid off about 10 percent of its work force this week to cut expenses, according to an anonymous source familiar with the situation. The Sunnyvale-based company... More...

The three leading branded consumer networking device vendors in North America – D-Link, Linksys ( a division of Cisco Systems) and Netgear – have mostly kept the price of consumer networking devices, especially 802.11n products,... More...

With Nvidia launching its GeForce 8800GT (G92) early on October 29, AMD has dropped its ATI Radeon HD 3800 series (RV670) price from US$199-259 to US$179-239 in preparation for its launch later this month, according... More...

An owner of Apple's iPhone filed a federal lawsuit against the digital media giant, claiming that the price reduction injured early adopters, like herself, because they cannot resell the product for the same profit as... More...

The ruling junta in Burma has cut internet access to citizens in an attempt to stop footage of pro-democracy protests escaping the country. Internet cafés have been closed and the state ISP is claiming that... More...

AMD has announced that it has ended its close relationship with UK system-builder Evesham, which became insolvent earlier this year and was rescued from administration by Dubai-based PCC Technology at the beginning of this month.... More...

Microsoft is cutting the European price for its Xbox 360 games console by 50 euros to 349.99 euros ($470), following a similar cut in the United States. The company said in a statement on Monday... More...

Microsoft has more than halved the retail price of its Vista operating system in China. The Home Basic edition dropped from $201 (1,521 yuan) to $66, and the Home Premium package dropped from $238 to... More...

ith the battle between HD DVD and Blu-Ray heading into the deciding round, Microsoft has cut the price of its HD DVD add-on with the XBox Elite just around the corner. While the price of... More...

Intel has slashed the price of a number of its desktop and mobile processors, but the cuts, while deep, aren't as extensive as anticipated. However, the move confirms an aggressive pricing plan for the chip... More...

An incipient price war between chip giants AMD and Intel may fizzle out after some midsummer skirmishing as AMD has no plans to further cut CPU prices any time soon, said Gary Bixler, AMD's director... More...

While Sony is faring well in Japan, sales are lagging in the US. Sony is slashing the price of its PlayStation 3 games console by 17% in the US to boost sales. As a result... More...

Google is to cut the length of time it holds users' personal search data. The move comes in response to a data protection group that wrote to the firm questioning its privacy policies. The European... More...

In the wake of last month's HD DVD player rebate program, the HD DVD Promotional Group happily announced that HD DVD players now constitute 60% of all standalone high-definition players sold. So far, consumers have... More...

These days, literally the smallest whisper about falling costs of blue-violet laser diodes will set off speculation about a PlayStation 3 price drop. Yesterday, Sony announced that it would be shipping its second-generation Blu-ray Disc... More...

Intel has published price cuts of up to 40% for is 3000-sequence uni-processor server CPUs and updated its desktop CPU lineup with lower prices and new products. Pricing for the Quad Core Xeon X3220 has... More...

AMD has cut prices on its high-end dual-core desktop processors and has announced its new restructuring plans to compensate for reduced quarterly revenue. As usual, prices are in 1,000 unit quantities. The price cuts affect... More...

Intel and Advanced Micro Devices next month plan to unveil significant price cuts on their current fleet of processors as they prepare to go to battle in the quad-core market. On April 22, Intel is... More...

Circuit City is closing stores 62 stores in Canada and seven underachieving stores in U.S. cities as well as reshuffling its corporate ranks. A support center in Barrie, Ontario will also be closed along with... More...

AMD has publish yet another set of price cuts this time for its mid- to high-end dual-core desktop CPUs, the Athlon 64 X2. A recently as January 22, AMD announced similar cuts for its lower-end... More...

Tomorrow AMD is expected to release two 90nm revision "F3" stepping dual-core Opteron processors: x220-series and x218 HE-series. The new revision "F3" is also featured on the Athlon 64 FX 70-series and the 3.0GHz Athlon... More...

Microsoft have dropped a huge bomb on developers, posting that they only expect to ship a total of 12 million units by June 2007. The notoriously quiet spring period has meant Microsoft will expect to... More...

AMD has announced price cuts for its mid- and low-end Athlon 64 X2 processors amid earlier reports that Intel plans to slash prices for its older Pentium D CPUs. According to AMD's website, pricing for... More...

Following Nokia, Motorola is the world's second-largest wireless handset vendor. Despite the company's recent success, Motorola has recently reported a 48% plunge in its fourth quarter profit, from $1.2 billion in 2005 to $624 million... More...

New email monitoring data has revealed a "sudden" 30 per cent reduction in global spam volumes over the past week. Security firm SoftScan believes that the drop is most likely to be the result of... More...

Hurt by competitive pressures from Intel Corp. and other factors, Advanced Micro Devices Inc. (AMD) has cut its product prices in the channels and offered favorable terms to others, according to an analyst. ''We believe... More...

'Value PCs' costing less than $500 made up more than half of new PC sales in June for the first time, according to data from Current Analysis. The analyst firm based its findings on sales... More...

According to APC Magazine, Microsoft have cut out the ability to play HDCP content (blu-ray & HD-DVD) on 32 bit versions of Vista. By far the majority of PCs use 32-bit processors, because despite AMD's... More...

Apple has cut prices on its low-end music player, the Shuffle, and added a 1GB iPod Nano model. The 512MB Shuffle was dropped from $99 to $69, while the 1GB model dropped to $99... More...

As reported by various websites, Electronic Arts has notified around 350 of their employees (about 5% of their employees) that they will be no longer needed at the company due to EA being in a... More...

Several analysts have seen that there seemed to be a price drop for the games of Xbox, PlayStation 2 and Gamecube. Today, the world's biggest game publisher,Electronic Arts, proved industry experts correct. The prices of... More...

AMD today reduced the prices on processor models across the board from its Turion 64 notebook processors all the way to its flagship X2 dual core product line, with the steepest price drops in the... More...

Just as the mega-merger between Gamestop and Electronics Boutique was finalized a few days ago, Gamestop announced today that they will be cutting upwards of 575 full-time jobs and 160 temporary and seasonal jobs by... More...

Ray Maguire, boss of Sony Computer Entertainment UK, has commented in an interview with the BBC that prices for the PS2 will not drop before Christmas. This came after rumours swept the Leipzig Game Conference... More...