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Ebay’s big problem

Ebay’s big problem

Today’s big news is that Ebay will be selling off a huge portion of Skype, but in my house we can’t log in to the website due to a “closer alignment between Ebay and Half.com.”
What is happening is that when Chris attempts to log into …

Low PC sales sends Microsoft profits plummeting

Low PC sales sends Microsoft profits plummeting

Microsoft is having a hard time in 2009. This year has so far been the worst for the company in years. For the first six months of the year the company saw weak computer sales as well as frozen corporate tech budgets which led to …

‘Recession Proof’ Careers

‘Recession Proof’ Careers

As the economy has proven, nothing is fully recession proof. In an emotionally driven society and a fairly unpredictable financial condition, job security has tended to mean nothing and cost cutting has prevailed beyond the course of the job market. However, there are some careers …

Hewlett-Packard Drops 17 Percent

Hewlett-Packard Drops 17 Percent

Computer industry leader Hewlett-Packard’s sales have dropped 17% for the quarter, their quarterly report indicated yesterday. HP products affected are personal computers and printer ink, indicating that consumers just still are not secure enough in their finances to shell money out for technological expenses they …

IBM cuts Sun Microsystem offer to under $9.50 a share

IBM will likely be buying out Sun Microsystems soon. It recently offered the company $9.55 a share, but just cut the offer to $9.50 a share.
Even with the drop in the offer price, IBM is offering Sun a 91% premium on the stock price, which …