Posts Tagged ‘ credit crunch ’

A Look Back at How The Credit Crunch Affected the Internet and Tech Markets

The credit crunch has affected the technology and Internet markets in many ways. There have been some irreversible changes since 2008, with many popular services closing down forever. Here is our round up of the effects of the credit crunch so far. Credit Crunch Hits Tech and IT Jobs Oct 11, 2008  The credit...

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Mega Virus Crashes UK Banking Network – Cash Machines Are Dead

OK, this is an over the top, sensationalist title. But today a cash machine at HSBC failed to give me my money. So I headed over to Barclays to withdraw some cash, and that too was down. I popped inside to ask what the heck was going on, and all cash points and instore...

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Today’s Top Credit Crunch Tech News from Bloomberg

The round up of the days main headlines from Bloomberg. The creidt crunch appears to be biting deeper and further as more warnings are seen across the whole spectrum of the global technology sector. Communications, hardware, microchips are all suffering. BT Will Cut 10,000 Jobs This Year; Lower Second-Quarter Earnings Reported BT Group Plc,...

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IT Opportunities in a Global Recession

The global recession is undoubtedly going to affect the IT industry, as it is affecting all market sectors. We have already seen warnings from Google, Yahoo and eBay, with reductions in annual growth rates. However, this does not mean that IT opportunities will dry up completely over the forthcoming months and years, as there...

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Credit Crunch Leading to Increased Phishing and Net Fraud

Cyber criminals are quickly taking advantage of the current ecomonic crisis. There has been a sharp rise in phishing since the collapse of several international banks nad trading houses (Lehmans, Merril Lynch), and the news of amalgamations, acquisitions and takers of several others (including Natwest, Halifax / RBS (HBOS) and Northern Rock). Phishing is...

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