Preliminary financial reports indicate Nokia has started to slowly recover but the Finnish company will be slashing another 1000 jobs, mostly in Finland, in an effort to get back to profitability. More...

Microsoft and Infosys today announced that they have come to a three year agreement to manage Microsoft’s internal IT services. The specific services included in the deal include technical assistance and management of software applications,... More...

Yahoo Inc is looking to turn over Web search advertising to Google Inc following a successful test using Google's service to deliver ads alongside its Web search results, the Wall Street Journal reported on Wednesday,... More...

Sony executive Yutaka Nakagawa has unveiled plans to cut the costs incurred from manufacturing Cell chips for the PlayStation 3 by outsourcing their production. Over the last three years, Sony has invested US$ 3.8 billion... More...

IBM said Tuesday that it will work with the Chinese government to develop a tech and business services curriculum for the country's top universities. "This services initiative will strengthen our role as China's innovation partner,"... More...

Companies should not outsource their core business functions and staff, Microsoft Chairman and Chief Software Architect Bill Gates told a group of Japan's top businessmen in a speech in Tokyo on Wednesday. Gates, who was... More...

IBM on Friday inked a five-year deal with Nokia that puts Big Blue in charge of the Finnish phone maker's global helpdesk operations as well as its desktop PCs. The agreement, valued at... More...

Sending software coding and business process jobs out to India have improved employment figures in the United States, says an Indian IT association. Nasscom (National Association of Software and Services Companies) said... More...

J.P. Morgan Chase on Monday announced a seven-year, $5 billion outsourcing deal with IBM. Under the agreement, which J.P. Morgan Chase said would "transform its technology infrastructure," the financial services company will transfer... More...

Oracle Corp is planning a major offensive into the application outsourcing market, which it hopes will generate $1bn in additional sales over the next five years, John O'Brien writes . Speaking at... More...