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Technology Sector Update: March 10th, 2011
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Technology Sector Update: March 10th, 2011
Technology shares are down in mid-day trading as AOL Inc. (AOL) gears up to pare back its global workforce by 20% in a bid to catch up with faster moving rivals, Reuters reported, citing a source close to the company. More than 900 of the company’s 5,000 workers will lose their jobs. Meanwhile, Ingram Micro (IM) said it has been selected by privately held Acronis to sell, market and support its product suite of data backup and recovery solutions to resellers and managed service providers throughout the Americas.
Video Length: 0
Date Found: March 20, 2011
Date Produced: March 19, 2011
View Count: 0
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