Sun Microsystems appears to have put its utility computing effort, Network.com, on hold until it gets an idea of how to resurrect it. The pioneering computing effort, which launched two years ago, offered pay-per-use computing infrastructure for high-performance computing applications without forcing customers to buy expensive IT equipment. However,...

The UK economy contracted 1{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} between September and November, the National Institute of Economic and Social Research (NIESR) has estimated. This fall followed after a 0.8{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} drop in the three months to the end of October, said the think tank. Indicating that the rate of output decline is “accelerating”,...

Telnics Sunrise launch opens at 15:00 GMT Called .tel, the domain is intended to act as a universal contact point rather than as a hook on which to hang websites. Owners of .tel domains will be encouraged to populate it with details about how they can be contacted. The...

Although changing the VAT rate from 17.5{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} to 15{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} within business systems is relatively easy, it has widespread implications inside the organization, across the supply chain, and for the customers. We all hope that the plans mapped out in the Chancellor of the Exchequers pre-budget report earlier this week...

Germany has entered a recession after government figures showed that Europe’s largest economy contracted by 0.5{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} in the third quarter. This is the second consecutive quarter that the economy has shrunk after a 0.4{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} contraction in the second quarter. The fall in economic output, largely driven by falls in...

The majority of organisations (60{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}) will still provide a Christmas party for their staff this year despite the impending recession. New findings from the Chartered Institute of Personnel and Developments (CIPD) Annual Reward Management Survey 2008 highlight the importance of rewarding employees during difficult times. The initial findings of...

Turnover in the UKs recruitment industry hit a record high of more than £27 billion between April 2007 and March 2008, according to the latest annual industry report launched today (Friday, November 7). The most significant growth was achieved through a sharp increase in the turnover from permanent placements...

Political leaders urged U.S. President-elect Barack Obama on Wednesday to help forge a new economic order to lead the world out of its worst financial crisis since the 1930s. Excitement about the election of Democrat Obama as the first black U.S. President was tempered by an awareness of the...

The majority of female IT workers still believe their wages don’t match up to those of male colleagues — despite almost four decades of the UK Equal Pay Act. More than half (53 percent) of respondents to the third annual Perceptions of Equal Pay survey, conducted by IT trade...

Internet fraudsters will try to exploit the global financial crisis by sending fraudulent emails purporting to offer cash-strapped consumers new mortgages, loans or money from failed banks, a Microsoft executive said on Wednesday. Tim Cranton, an Internet safety expert at Microsoft, said there are early signs that criminals have...

Good news for workers addicted to Facebook, Bebo and MySpace — a think-tank says bosses should not stop their staff using social networking sites because they could actually benefit their firms. The report by Demos said encouraging employees to use networking technologies to build relationships and closer links with...

Information Assurance Advisory Council (IAAC), setting up a website for a bogus company called Denis Atlas. The fake firm placed an advert in a national newspaper for a job as an office manager, inviting people to apply by sending in their CVs to the web site. Although 107 people...

A lack of IT graduates could begin to affect public services, according to an IT trade body. At a British Computer Society (BCS) debate, it emerged that IT students are needed in The City, and the continuing decline in student numbers graduating from IT courses overall could mean fewer...

Consumer price inflation hit a 16-year high of 5.2 percent in September, but Bank of England policymakers had anticipated the rise which is unlikely to stand in the way of further interest rate cuts. The Office for National Statistics said on Tuesday rocketing utilities bills pushed consumer prices 5.2...

Britain will hold more talks with banks this week over a possible multi-billion pound injection of public funds, industry sources said as the credit crisis tightened its grip on Europe’s main financial centre. News that banks and Chancellor Alistair Darling held talks on Monday evening sent shares in Royal...