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Today’s top tech stories

The Guardian reports that Sony, in its fourth revision, is forecasting a £4bn net loss for the year ending March 2012. This is double an earlier forecast figure and the fourth consecutive year that Sony has posted losses. This change in fortune is attributed to companies such as Apple and Samsung taking control of some markets, and demand for consumer products like televisions dropping. The company is planning to cut 10, 000 jobs, which equates to around 6 per cent of its workforce, in the near future. Sony’s chief executive, Kazuo Hirai, has stated that he is prepared to take painful steps to revive the ailing electronics company and has said that he will not hesitate withdraw from businesses he deemed uncompetitive. The company believes that it will turn profit in the year ending March 2013, with operating profits of around £1.4bn.

The value of technology company Apple has reached $600bn writes The Telegraph. The only other company that has reached this mark is Microsoft in 1999, at the height of the dotcom boom. Wall Street is expecting Apple to show more than a 50 per cent increase in profits to $9.2bn when its first quarter results are posted later this month. With Apple launching a television product, and the announcement that last month it will begin paying a dividend, has caused some experts on Wall Street to believe that Apple shares will be trading at $1,000 within a year. Shares in Apple closed down at $628.44 yesterday, after having climbed as high as $644 earlier the same day.

 

 

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Today’s top tech news

More than half of government employees believe they have insufficient cyber-crime protection, reports Computing.co.uk. A study by Dods Research, that gathered the opinions of 2728 local government and police workers, found just 41% were comfortable with the IT security practices they used... Read more

Today’s top tech news

Windows 10 marks a new era for personal computing, reports BBC.co.uk. The software, launched globally today, is the company’s attempt to reverse its fortunes in the mobile industry. Windows 10 will be offered as a free upgrade for most consumers,... Read more

Today’s top tech news

The vast majority of CIOs are worried that cloud computing is reducing their organisation’s control over IT and creating long-term security risks, reports Computing.co.uk. That’s according to an independent survey of UK CIOs from enterprises with over 1,000 employees, which... Read more

Today’s top tech news

A government study has found that paid-for or subscription media services are popular with British internet users, but that piracy is still relatively common, reports V3.co.uk. Research by the UK Intellectual Property Office (IPO) found that one in five citizens... Read more

Today’s top tech news

GCHQ has launched two paid placement schemes for university students, reports V3.co.uk. The schemes are open to all UK nationals aged 18 or above who are studying a technical qualification such as Computer Science, Telecoms or Network Engineering. Successful candidates... Read more