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70 articles tagged as credit-crunch

The end

Time to say goodbye from all of us at bit-tech.net

November 1, 2021 | 14:00

Inscryption Review

Welcome challenger. Why not sit down, and play a little game?

October 27, 2021 | 12:05

SilentiumPC Regnum RG6V TG Case Review

Budget in price, mainstream in aspiration.

October 21, 2021 | 09:43

Nintendo takes credit for US industry growth

Nintendo has issued a press release, taking credit for the growth of the US console industry - despite falling sales.

February 13, 2009 | 13:08

Panasonic to cut 15,000 jobs

Panasonic has announced massive losses this year which have forced the company to cut 15,000 jobs and close 27 manufacturing plants worldwide.

February 6, 2009 | 12:36

Woolies to be reborn as web shop

Woolworths - the much-loved and now sadly defunct high-street retailer - is to be resurrected as an online shopping brand by Shop Direct Group.

February 3, 2009 | 09:13

AOL shows growth - cuts 700 jobs

Despite showing excellent grown in many of its divisions - up to 27 percent year-on-year - AOL has announced that it is to let around ten percent of its workforce go.

January 30, 2009 | 09:07

Motorola ditching Windows Mobile?

Motorola has announced the closure of its Windows Mobile development centre in Florida, prompting speculation that it is ditching the platform in favour of Google's Android.

January 28, 2009 | 09:01

AMD to cut CPU production

AMD has annouced that it is to cut CPU production to below demand, to create shortages and avoid a backlog of parts building up in the channel.

January 26, 2009 | 09:03

Microsoft announces job cuts

Microsoft disappointed investors yesterday with a below-expectations earnings report - and has embarked on a cost-cutting programme that will see 5,000 jobs eliminated.

January 23, 2009 | 08:59

AMD sells hand-held division

AMD has sold its hand-held graphics division, which designed the Imageon range of graphics processors, to Qualcomm for $65 million.

January 21, 2009 | 12:58

Logitech's income drops 70 percent

Peripherals manufacturer Logitech has announced a poor fourth quarter, with income down a whopping 70 percent year-on-year - and it's looking to lose 600 jobs.

January 21, 2009 | 09:14

Intel slashes quad-core pricing

Intel has announced a massive 40 percent price cut on its top-end mainstream quad-core chip, in direct response to the launch of the Phenom II X4 series from rival AMD.

January 20, 2009 | 13:23

Investment in IT drops 40 percent

Investment from venture capitalists in IT-related companies dropped a massive 40 percent in the US last financial quarter, according to a new report.

January 19, 2009 | 09:02

Google to close offices, ditch services

In further proof that the tech sector is really feeling the credit crunch, Google has announced the closure of three engineering offices and is trimming its service offerings.

January 16, 2009 | 09:10

EA rumoured to have closed Pandemic studio

EA is rumoured to have shut down the Brisbane office of Pandemic Studios, which the company bought alongside BioWare in 2007.

January 14, 2009 | 12:16

Nvidia warns of 50 percent revenue dip

Nvidia has announced that it is restating revenue expectations for the last financial quarter, and it's bad news: a drop of 50 percent is now expected.

January 14, 2009 | 09:06

Sony expected to post first loss in 14 years

Sony is expected to reveal that it has posted a loss for the first time in over 14 years - one of around $1 billion USD.

January 13, 2009 | 11:32

OLPC cuts workforce in half

The One Laptop Per Child project, which aims to provide low- or no-cost laptops to children in developing nations, has announced jobs cuts as it struggles to stay afloat.

January 9, 2009 | 09:40

Intel warns of revenue dip

Intel has released Q4 earning figures ahead of its appearance at the Consumer Electronics Show which reveal a massive 23 percent drop in revenue.

January 8, 2009 | 11:25

Creative shrinks workforce by half

Creative has revealed in a financial filing that it lost almost half its workforce during the last financial year as it struggled to compete in a competitive and shrinking marketplace.

January 5, 2009 | 09:08

Gizmondo delayed by recession

Gizmondo, the ill fated mobile gaming platform, has missed a 2008 relaunch thanks to economic conditions.

December 23, 2008 | 12:14

Google gives staff Christmas G1s

Google has ditched the traditional cash bonus this Xmas in favour of giving all employees an Android-based G1 handset - which they can't resell, even if they already have one.

December 23, 2008 | 09:04

Western Digital announces job cuts

Western Digital has announced that it is in financial difficulties, and is to close two facilities and lay off around 2,500 workers along with other cost-cutting measures.

December 18, 2008 | 09:03