With the unemployment rate still stuck above 8% and economists projecting lackluster job growth for the rest of the year, hiring managers are increasingly looking at two job markets. One one hand is an oversupply of under-qualified job seekers and on the other is...
Tandem, a Silicon Valley-based high-tech incubator focused on mobile start-ups announced a new $32 million fund to invest in early-stage ventures by providing $200,000 of working capital, access to office space for 6 months, and mentoring in exchange for a 10% equity stake in...
AUSTIN, Texas – Competition for technical talent can be fierce, and often employers find that their best recruiting tool isn't the job or even the corporate culture, but the city where the job is located. And no one sells a city better than the...
Shares of Freescale Semiconductor (FSL) are sharply higher for the second straight day on news that the company has hired a top Texas Instruments (TXN) executive as its new CEO. Gregg Lowe, who has been running TI's analog chip business, takes the helm immediately...
Austin is one of the bright spots in the national employment picture. While US unemployment ticked up to 8.2% last month and the economy created just 69,000 jobs, Austin's unemployment rate is just 5.9% and the local area economy is expected to create 19,000...
Tablets and smartphones are replacing PCs for many consumers and businesses, and Hewlett-Packard is feeling the sting. The company says it will lay off 27,000 workers in a restructuring effort aimed at saving up to $3.5 billion a year. HP was the world's largest...
Unemployment in most states fell slightly in April, according to data released Friday by the U.S. Department of Labor. The unemployment rate fell or held steady in every state except for Colorado, Maryland, New Jersey, Utah, and Rhode Island. The national unemployment rate for...
AUSTIN, Texas - Open source computing is a job growth engine with potential to create world-class developers while enabling the mobile economy, according to a panel of executives who spoke on the topic at the Austin Technology Council's CEO Summit.
The panel focused on OpenStack,...
Still reeling from the government's rejection of its plan to merge with AT&T Mobility, T-Mobile USA says it will cut an additional 900 jobs. In March the company said it would cut 1,900 jobs as it closed call centers, but that many of those...
For most folks, news of heightened venture capital activity, especially when centered on a particular hot industry trend, should conjure a very appealing mental image: Jobs.
Today, LifeStreet Media, a mobile advertising platform vendor, announced a $66 million investment from Nautic Partners. In addition...
Brazilian telecom services providers, including mobile, fixed, broadband and pay-TV, invested a total of U.S.$11.81 billion (R$21.7 billion) during 2011, according to the Brazilian Association of Telecommunications (Telebrasil). The amount includes network expansion, coverage increases and service quality improvements, among other investments.
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The Brazilian government does not want the economic crisis expand in the country. On April 3, President Dilma Rousseff announced new tax cuts and other stimulus measures that will benefit 15 industry segments. The new package, which complements the one previously announced, is intended...
Brazil represents a key global priority and growth opportunity for Cisco (NASDAQ: CSCO). In recent years, the country’s Cisco subsidiary has been growing consistently, more than 20% each fiscal year. This could be enough to justify the company's new investments of more than $546.6...
As the company that revolutionized the mobile industry and continues to set the bar, Apple has no problem getting an audience with local and state governments when it announces plans for expansion. So the Austin City Council was all ears last summer when Apple...
HP (NYSE: HPQ) announced the merger of its imaging and printing group (IPG) with its personal systems group (PSG) to create the printing and personal systems group. The company said the organizational realignment aims to improve performance and drive profitable growth across its portfolio...
Telefónica Group's Brazilian operations announced plans to cut 1,500 jobs. The announcement followed a pair of government decisions ordering the group to pay fines for not meeting service quality agreements.
The job cuts are part of the group's integration process that began in mid-2010, and...
Although cloud computing is still in its infancy, the technology has already begun changing how IT departments deliver economic value to countries, cities, industries and small businesses. According to IDC, spending on public cloud IT services hit $28 billion in 2011, compared with more than...
Nokia Siemens Networks says it will cut 3,500 jobs in Brazil after ending a big contract with Brazilian telecom operator Oi. During a press conference held at this week’s Mobile World Congress, NSN CEO Rajeev Suri said part of the company's strategy is to...
Broadcom CEO Scott McGregor spoke with RCR Wireless News during the recent Consumer Electronics Show in Las Vegas about Broadcom's Wi-Fi initiatives. While this was clearly one of the event’s top stories, McGregor’s comments about hiring and investing caught our attention as well.
"Last year...
If someone describes their workplace as a zoo, you might not envision a productive, innovative startup that's been chosen by AdAge as one of the five best places to work in America. But DataXu (pronounced Data Zoo) appears to have captured all the energy...
