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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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Thomson in talks to buy Reuters for $17.6 bln

IT Industry - Market

LONDON (Reuters) - Canada's Thomson Corp (TOC.TO: Quote, Profile, Research is in talks to buy Reuters Group Plc (RTR.L: Quote, Profile, Research for about 8.8 billion pounds ($17.6 billion) to create the world's biggest news and financial data company, the two firms said on Tuesday.

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