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From Northings
Content of this week's issue of 'Northings':
- MERGERS: BT is in talks with private equity firms to sell its 31% stake in Tech Mahindra. The risks for them are that a. 50% of Tech Mahindra's revenues come from BT, and b. Tech Mahindra owns Satyam, whose previous chairman last year admitted massive fraud.
- CLOUD: 77% of CIOs of large enterprises say they are already using cloud computing. And distributors are deciding whether to become cloud hosters or cloud aggregators.
- HP: HP has created an Enterprise Computing degree with University of West of England. And observers are still wondering how the HP board could fire one CEO over a $20k expense fiddle yet recruit a new CEO who must have known of SAP/TomorrowNow's multi-million theft of Oracle's intellectual property.
- MICROSOFT: There are rumours that Microsoft may acquire Adobe to compete with Apple, which notoriously refuses to support Adobe Flash on its handheld devices. And there is more on the war between Microsoftand VMware.
- ECONOMY: UK house prices fell 3.6% in September. The MPC held interest rates steady at 0.5%. IT jobs in the UK are now flatlining. And the number of long-term unemployed has almost doubled since the Lehman crisis.
- CHANNELS: Oracle is charging resellers to remain as partners—150-200 Sun resellers likely to leave Oracle's channel programme. And there was an increase in UK reseller insolvencies in 3Q after the summer slowdown.
- SOFTWARE: In response to Autonomy's revenue warning, some analysts say software purchases are now discretionary. Customers are delaying purchases until the economy settles.
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