• Hard Facts: July 29, 2002

    Data from CRN's business spending survey shows that large-company technology spending priorities have declined across the board over the past few months. No area has been spared: The level of spending priority was lower in the June spending survey compared with the March survey in all eight hardware/software and all 11 Internet-related categories CRN regularly surveys. In critical areas such as CRM and wireless, the decline was nearly in the double digits.

  • Pioneer-Standard Bests 1Q Forecast

    Pioneer-Standard Electronics earned $830,000, or 3 cents per share, for the first quarter ended June 30, compared with earnings of $1.7 million, or 6 cents per share, in the year-ago quarter.

  • Siemens Reports Profit But Outlook Downbeat

    German electronics and engineering group Siemens AG said Wednesday that "difficult market conditions" are clouding its short-term prospects following an upbeat earnings report for its fiscal third quarter-- a prediction that helped push down its shares in a jittery market.

  • Plan To Keep Computer Vulnerabilities Secret Assailed

    The top Democrat on a House government reform panel accused the Bush administration on Wednesday of supporting a proposal she said would let corporations keep embarrassing secrets from the public by claiming they involve the security of important computer networks and other systems.

  • IDC Forecasts Growth For IT Spending

    A flash of optimism in an otherwise dismal IT market came from IDC this week as the analyst firm predicted that IT spending in general and spending on storage management software and business process outsourcing in particular will all rise this year and beyond.