May 16, 2001 |
Motorola Inc., which last month reported its first quarterly operating loss in 15 years, said it is considering selling its Integrated Information Systems Group, a government communication and information technology business. The world's second-largest mobile phone maker already has cut costs aggressively this year, slashing 22,000 jobs. Analysts say the possible sale of Scottsdale, Ariz.-based IISG was a reassuring sign that Motorola was getting serious about turning itself around.
April 16, 1998 |
Computers and the Internet have dramatically transformed the nation's economy in the last five years, significantly reducing inflation and creating 7.4 million high-paying jobs, according to a Commerce Department report released Wednesday. The report marks the government's most comprehensive look to date at the growth of information technology and puts a dollar figure on the myriad advancements that have become a part of everyday life.
September 19, 1997
Data Processing Resources Corp., which provides information technology staffing services, posted record net income for the fiscal year on a 98% gain in revenue. The company said it earned $6.7 million, or 71 cents a share, for the fiscal year ended July 31, more than double the net income of $3.3 million, or 54 cents a share, recorded a year ago. Revenue rose to $115 million from $58.1 million. The company said it acquired four staffing firms during the fiscal year.
March 13, 2011 |
The Information A History, a Theory, a Flood James Gleick Pantheon: 531 pp., $29.95 Partway through "The Information: A History, a Theory, a Flood," James Gleick describes a technological innovation so transformative that it was heralded as "one of the grand way-marks in the onward and upward march of the human intellect" by the New York Times. "What was the essence of the achievement?" Gleick asks. "'The transmission of thought, the vital impulse of matter.' The excitement was global but the effects were local.
February 27, 2013 |
Good news for local entrepreneurs: Tech Coast Angels' Los Angeles branch has launched a program to fund start-ups in 30 days or less. Michael Green, president of the L.A. branch of Tech Coast Angels , said the Screening2Deal in 30 Days program would speed up the process to get start-ups off the ground. The move is also designed to raise TCA's profile among entrepreneurs, who often seek out funding from more well-known investors or accelerators in the area, he said. "It was taking too long and the reputation unfortunately was these guys are old and slow," Green said of TCA. "We were getting plenty of deal flow -- we get 1,000 [applications a year]
December 13, 1996 |
Key countries reached agreement here today on a pact to eliminate tariffs on most products of the world's $1-trillion information technology industry, a step that should benefit California's economy while cutting prices and boosting global production of everything from telephones to computers and CD-ROMs.
December 10, 1996 |
On the opening day of a global trade conference, the United States demanded Monday that an agreement to eliminate most tariffs on the world's $1-trillion information technology industry be concluded by Friday. Otherwise, U.S. officials warned, the chance for a deal might slip away. "We must reach an agreement this week," Acting U.S.