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Bill Would Help States Ditch Electronic Voting
2024-12-11 07:07:56| eWEEK Technology News
New Jersey Democrat Rep. Rush Holt recently introduced a measure that would provide financial relief for states that jumped into electronic voting only to find those systems increasingly unreliable.
Category:Information Technology
Fed Slashes Interest Rates
2024-12-11 07:07:56| eWEEK Technology News
The U.S. Federal Reserve slashed interest rates by a hefty three-quarters of a percentage point, the biggest rate cut in more than 23 years, in an emergency bid to lend support to a U.S. economy some fear is on the verge of recession.
Category:Information Technology
Yahoo Plans to Cut Hundreds of Jobs: Source
2024-12-11 07:07:56| eWEEK Technology News
Yahoo is planning to announce cutbacks later this month that will likely lead to hundreds of job losses at the nearly 14,000 employee company, a source familiar with the plan said.
Category:Information Technology
Motorola Forecasts Loss on Struggling Phone Biz
2024-12-11 07:07:56| eWEEK Technology News
Motorola said it will post an operating loss in the current quarter as recovery in its cell phone business is taking longer than expected, dashing Wall Street expectations.
Category:Information Technology
Apple Execs Get Bonuses, Jobs Still at $1
2024-12-11 07:07:56| eWEEK Technology News
Several senior executives at Apple Inc took home 2007 cash bonuses that doubled their salaries but Chief Executive Steve Jobs maintained his annual pay of $1 and took no additional compensation.
Category:Information Technology