Items tagged with Recession
Analyst firm IHS reports that chip supplier inventories have risen for the seven consecutive month. The continued rise in inventories reflects a general belief that consumer demand for electronic products will soon increase, though economic indicators are somewhat sketchy on this point. "Increases in stockpiles during the first quarter reflect...
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Tomato, to-mah-to. Netbook, Mini-Note. Despite the fact that DisplaySearch refers to the well-known netbook as a Mini-Note, we still catch the research outfit's drift: shipments of these mini notebooks are expected to surge this year.With the economy forcing consumers to take a closer look at just how much they spend on their next mobile PC,...
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As the economy here in America creeps back into gear, the online gaming industry is reaping the benefits. According to a new survey, video game addicts who aren't already turning their attention to the tube (or even a subset of those who are) are looking to low-cost online games to pass the time.Industry tracker ComScore found that around...
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Ever since this so-called "recession" thingy got the media all hot and bothered a few months back, we'd been hearing that more and more individuals were finding ways to stay entertained at home. Now, we finally know what they've been doing at the domicile: gaming.A new research report published this week by the Nielsen Company shows a sharp...
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It's a little funny, really. Just two weeks ago, we saw a report from ABI Research asserting that netbooks were getting along just fine in the recession, and already another research firm is out to burst that bubble. Essentially, iSuppli is anticipating that netbook sales will begin to cool once our economy is completely back on track, noting...
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While we're still unsure if netbooks are ready to dabble in the corporate world, they're clearly ready to take on pretty much every other sector. In fact, they already have. According to new research from ABI Research, netbook sales really haven't been adversely affected during the recent credit crunch. Sure, the extra low price tags are mostly...
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You don't have to search hard to find signs of the economic downturn. Just look at the newspaper, or your favorite website. But a new report on Americans' search behavior by market research firm comScore emphasizes the FUD of Americans during this recession. Check it out. Searches for: Coupons, up 161%Unemployment, up 206%Bankruptcy, up 156%Unemployment...
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As we wrote previously, Microsoft over --- and underpaid --- a number of the 1,400 workers it recently laid-off. After a wave of criticism which occurred after Microsoft asked for the, ahem, overpayment back, Microsoft caved in. Microsoft human resources chief Lisa Brummel said the company had changed course. Twenty-five workers were overpaid...
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Perhaps Microsoft used Excel when they calculated the severance packages of some of the 1,400 workers they recently laid off. At any rate, apparently they made some errors, and are now asking some of those laid-off workers for some of their severance package back.According to a report by TechCrunch, the letters have been sent to more than...
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When we look at our email nowadays, the most popular domain name we usually see is linkedin.com, as people we know either try to recover from a layoff, or try to prepare, in case of a layoff. That's actually a little bit of hyperbole, as it's not really the most popular domain we receive email from. But we have been receiving a ton of LinkedIn...
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IBM has laid off several thousand people during this recession. However, according to a internal IBM document obtained by CNNMoney, some of the North American employees can still save their jobs --- if they choose to move to another country and work at the local pay rate. In other words, according to the document, these American or Canadian...
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All the volatility in the credit and stock markets have consumers, investors, and corporate heads nervous, but Hewlett-Packard is no indicator of any downturn. HP raised their forecast for the year after reporting excellent results for the first quarter.“In the U.S., at the end of the quarter, we saw a little more caution in the consumer segment...
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