Hewlett-Packard has notified the nation's financial regulator that EDS Australia managing director Neil Emerson and several of his colleagues are no longer on paper technically leading the IT outsourcer's local operations.
The Commonwealth Bank of Australia is selling its 35 percent stake in Electronic Data Systems' (EDS) Australian operation back to its outsourcing partner.
Struggling IT services company, Electronic Data Systems (EDS), has been paid US$2.05 billion before working capital adjustments for its product development software unit it said late last week.
An already struggling Electronic Data Systems says problems with a major contract have worsened, and it predicts a loss of up to US$75 million related to pension liability.
The world economy has not yet recovered from the damage inflicted by the dot-com collapse, according to claims made by Commonwealth Bank chief executive David Murray today.
Big-money IT contracts often hide the true costs involved in following through on the deals.
UCLA scholar Jane Margolis has spent four years tracking male and female computer science students. She says the gender gap has not gone away--but she has ideas for closing it.
Visa CIO touts new transaction technologies
Michael Dreyer, CIO of Visa, expresses what innovation means to him in different areas, such as their PayWave … Watch it now
Australian Govt funds IT start-ups
Google should come clean on datacentres
US shows what OPEL could have been
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