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HP job cuts loom for Australian employees

A number of Australian employees of Hewlett-Packard are facing the loss of their jobs as the global computer giant looks to slash its worldwide workforce by up to 30,000.

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Palm takeover expected this week: report

IT Industry - Market

NEW YORK (Reuters) - Nokia (NOK1V.HE: Quote, Profile, Research) and up to three other potential bidders are interested in buying Palm Inc. (PALM.O: Quote, Profile, Research), which could be sold for some $2 billion as early as this week, a technology news Web site said.

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