4 posts and columns on stimulus package

Intel CFO Sees Signs of Business Spending

in News on October 29, 2009 at 3:46 pm PT

Intel Corp. Chief Financial Officer Stacy Smith said evidence is beginning to emerge that corporations are returning to technology spending, although such spending is driven more by the savings offered than by any spending increases. “Our sales guys are picking up more interest at corporations,” Mr. Smith said in an interview Thursday.

Tech Industry Execs Hit Washington D.C.

in News on June 4, 2009 at 8:15 am PT

A group of 10 tech-industry executives spent Tuesday and Wednesday lobbying members of Congress and the Obama administration on issues like taxes, immigration reform, and software piracy. The group, which included Microsoft CEO Steve Ballmer, Adobe CEO Shantanu Narayen, and Sybase CEO John Chen, met with Senate Finance Committee Chairman Max Baucus, U.S. Trade Representative Ron Kirk, and Secretary of Homeland Security Janet Napolitano, among others.

Cisco Diversifies Again as Chambers Discusses Rivals

in News on May 19, 2009 at 4:49 am PT

Cisco on Monday announced an initiative to sell high-tech gear to utilities, a market the company says could be a $20 billion-a-year market by 2014. Political junkies may have heard the term “smart grid,” which is one of the areas that the Obama administration has targeted with its stimulus package. The government is committing billions to facilitate building a next-generation electrical grid that’s more energy efficient.

IBM: In Search of…New Revenue

in News on March 13, 2009 at 7:09 am PT

“We will not simply ride out the storm. Rather, we will take a long-term view, and go on offense.” That was the promise IBM CEO Sam Palmisano made in his annual letter to shareholders this week detailing Big Blue’s plans to forge new markets in infrastructure services. Here we are just a few days later and the company has already set about fulfilling it. IBM announced a new water-management services effort today, one that will see it bringing its information technology acumen to bear on the systems used to monitor reservoirs, water pipes and the like.
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