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According to Reuters, one in three information technology professionals abuses administrative passwords to access confidential data such as colleagues' personal emails and salary details. Cyber-Ark surveyed 300 senior IT professionals and found 1/3 admitted to...

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Palm Cuts Staff by 10%

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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...

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MMO publisher NCsoft has confirmed that 70 employees at its Austin headquarters have been laid off as part of new plans to restructure the company. Initial reports suggested that NCsoft was being forced to reduce...

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Despite denying any wrongdoing the head of Livedoor, Takafumi Horie, has been arrested along with three other colleagues in Japan. The Japanese company has recently caused havoc...

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Sun Microsystems expects to lay off around 1,000 staff at a cost of about $100 million as part of the company's ongoing cost-cutting strategy, according to Sun's chief financial officer. Sun Chief Financial Officer Steve...

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Two computers containing personal information on Motorola Inc. employees were stolen from the mobile phone maker's human resources services provider, Affiliated Computer Services , the latest in a series of incidents of companies losing control...

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Comcast Lays off the TechTV Staff

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TechTV told 285 San Francisco employees on Thursday that their jobs are being eliminated, a move that was widely feared by workers after Comcast announced in March that it would acquire the technology cable channel....

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Antitrust division lawyers at the U.S. Justice Department are recommending that the department file suit to block Oracle's acquisition of PeopleSoft, indicating that Oracle may face a serious setback in its embattled bid for its...

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America Online on Tuesday said it has laid off 50 employees involved in Web browser development at its Netscape subsidiary amid a reorganization of its Mozilla open-source browser team. The move affects...

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Policies, monitoring and checking-up on employee's Internet surfing, are increasingly on the agenda for Australian businesses, according to one industry analyst. Research from industry analyst Gartner (US) found that as much as 40 percent...

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OQO, the start-up that debuted the 7oz "Ultra-Personal" at WinHEC this week is keeping plenty of details under wraps. But we did catch Executive Vice President Colin Hunter this morning, and he dealt with some...

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Online music trading service Napster said Friday it will sack 10 percent of its staff as it awaits a deal with the world's leading record companies. Napster has been all but shutdown since...

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