Cash Keeps Flowing for World’s Most Valuable Brand
Find out who has the most liquid assets
When’s the last time someone checked up on the soda wars? Maybe people finally gave up and decided that Pepsi would never be able to beat Coke as the world’s favorite soda.
Pepsi is in good company when it comes to not being able [...]
Wind River Systems Software Maker Sold to Intel
Wind River systems to expand Intel offerings
Intel says it will purchase Wind River Systems for $884 million. Media reports say acquiring the software company will allow Intel to expand beyond the personal computer market.
Intel is a computer chip maker based in Santa Clara, Calif.
Deal details
Though $884 million is a big [...]
Oracle Sun Acquisition Reconfigures OS Market
Goodbye IBM, hello Oracle
It’s a fact of corporate life these days. Companies are laying off significant numbers of employees, some are going bankrupt and others are bought out by others in their field. This is particularly true of tech companies, where corporate mergers of the larger consuming the smaller happens [...]
IBM and Sun Microsystems Get Closer to Merger
Layoffs inevitable if companies merge
It has been rumored for weeks that IBM is considering buying Silicon Valley computing pioneer Sun Microsystems. Those rumors appear to be valid. Forbes magazine reports that the companies are inching ever closer to joining forces. Forbes also reports that said merger could result in 10,000 [...]
IBM Layoffs | 5,000 U.S. Jobs Cut
Big company, big cuts
News of impending layoffs at IBM leaked yesterday, but the official numbers weren’t confirmed until today. IBM says it is cutting 5,000 jobs in the United States. Hopefully their severance packages are big enough that they won’t need short term loans to get by.
Headed for the door
Yesterday, [...]
Sun Microsystems Shares Rise on IBM Buyout Claim
Possible acquisition has tech world talking
There’s big news in the tech world. The Huffington Post reports that shares of Sun Microsystems Inc. (the computer and information technology component vending giant) have skyrocketed after a published report claimed that IBM is in the preliminary stages of negotiations to buy Sun for [...]
IBM Workers Might Need Payday Loans for Moving Costs
IBM offers laid-off workers positions overseas
We might see a higher demand for payday loans among IBM workers if some of them suddenly have to move.
This year IBM has already laid off more than 4,000 employees, but these layoffs come with an interesting option: Would you like a job in India?
Go [...]
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