Tags: eds, stock

News (63)

• HP cuts staff pay globally

  Hewlett-Packard will cut the pay of its employees globally, according to an email sent to staff by chief executive Mark Hurd this morning.

• HP to acquire EDS for US$12 billion?

  Hewlett-Packard is in talks to buy Electronic Data Systems, the companies confirmed on Monday.

• EDS to be 'an HP company' for US$13.9 billion

  Hewlett-Packard said Tuesday it will acquire computer services firm EDS for US$25 per share, or US$13.9 billion, in a deal intended to boost HP's services revenue.

• EDS shares drop as SEC probe deepens

  Electronic Data Systems' stock fell by nearly 10 percent Tuesday on news that a US Securities and Exchange Commission probe into the company has grown more serious.

• EDS to cut up to 20,000 jobs in two years

  Electronic Data Systems plans to cut 15,000 to 20,000 jobs over the next two years, as the struggling technology services giant tries to slash costs and regain its footing.

Features and Case Studies (8)

• Australia's ICT industry is panicking

  The leaders of Australia's ICT industry are currently in a state of panic over the debatable prospect of an economic downturn in the sector and are going too far with cutting jobs.

• AU Tax Office extends outsourcing deal with EDS

  The Australian Taxation Office (ATO) has extended their outsourcing arrangement with troubled IT giant Electronic Data Systems (EDS).

• Sun's chiefs on the hot seat

  Scott McNealy sees glory days ahead for new CEO Jonathan Schwartz. Are they cut from the same cloth?

• IBM retools Global Services

  Big Blue seeks higher, more profitable ground in the market for business computing services.

• Crisis strikes: What do you do next?

  The corporate Web site is gone and a hacker has made off with the database. The company's reputation is at stake. What crisis management tactics should be employed?

Reviews (2)

• Palm to acquire rival Handspring

  Palm will buy rival Handspring for approximately US$169 million in an effort to strengthen its grip on the market for handheld devices.

• Where's 3D Now?

  3D is where it's always been--in gamers' hands. Too bad. Looking at the impressive capabilities of the new generation of boards, we suspect that business users don't know what they're missing.

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