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Chancellor George Osbourne has cut the promised tax relief for UK game developers from the budget.
A-Data chief executive Simon Chen has predicted that global demand for DRAM will exceed supply throughout 2010, but hopes that prices won't rise too sharply as a result.
The Semiconductor Industry Association has released figures which show year-on-year growth in November of last year - hopefully signalling the end of the recession.
Retail chain GAME has admitted to suffering a notable sales slump in the run up to Christmas this year.
Industry sources are reporting that hardware manufacturer MSI is looking to start 2010 with a staffing reduction of between 10 and 20 percent of its workforce.
EA has announced that it has cancelled 12 games and made 1500 staff redundant.
Stockholm-based developer GRIN has closed two offices and continued with more layoffs in the face off financial difficulty.
The Taiwanese government has pledged at least NT$30 billion (£557 million) to help out its ailing DRAM manufacturing industry.
Market watcher iSuppli has it that overall PC shipments in 2009 will dip four percent year-on-year - the largest single year drop since 2001, with desktops the biggest losers.
Marc Andreessen - co-founder of Netscape Communications - has founded a new venture capital firm with business partner Ben Horowitz, and is sitting on $300M.
In order to cut costs after seeing profits drop 41 percent year on year, Adobe is shutting its US offices for one week - forcing staff to take holiday leave.
The ailing network giant Nortel is planning to offload its CDMA and LTE wireless technologies to Nokia Siemens Networks to aid its return from Chapter 11.
MySpace is cutting headcount in its US offices by a whopping 30 percent - although senior management is allegedly dodging the axe for now.
Sales of Mobile Internet Devices based on Intel's Menlow platform have been significantly lower than the company has predicted - but Intel claims it's nothing to worry about.
Market watcher IDC has revealed that worldwide server sales have slipped 25 percent in the first quarter of 2009 as companies choose to delay purchases.
Hackintosh distributor Psystar - creator of the Apple-unapproved Mac OS X-based Open Computer - has filed for Chapter 11 bankruptcy proceedings.
Dell's director of product management has openly admitted that the high price of Windows 7 compared to previous releases could hamper early adoption of the OS.
The Japanese technology sector has been hit by massive losses reported by companies including Panasonic, HItachi, and Sanyo.
THQ has posted a a loss of more than 430 million dollars, saved only by the solid performance of a few titles.
Toshiba has posted the largest net loss in the history of the company - and plans to shed 3,900 contract workers from its Japanese facilities to cut costs.
Nokia has reported a massive 90 percent drop in profits in the first financial quarter of 2009, with the slowing global economy continuing to bite.
Philips has shut down its 3D TV division - including the team behind the glasses-free WOWvx technology - citing the slowing economy.
Adobe has launched an offer which gives unemployed web developers the chance to snag a copy of the Flex Builder 3 Professional package completely free.
July 30 2021 | 08:54
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