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Reaction Search International BLOG |
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September 2, 2010
Dell on Thursday pulled out of the bidding for 3Par, giving the data storage company and its promising cloud technology up for rival Hewlett-Packard.
The white flag in technology’s fiercest bidding war this year was raised hours after 3Par announced that H.P. had increased its previous offer by 10 percent, to $33 a share. Dell’s last bid was for $32 a share, after H.P. raised its offer to $30 on Friday. H.P.’s latest offer values 3Par, based in Fremont, Calif., at $2.1 billion.
To read more, please follow this link.
BEIJING: China has installed the country’s first domestically-made supercomputer capable of doing 1,000 trillion operations per second.
Tianhe-1 is scheduled to begin operations this month, according to the National Supercomputing Centre in Tianjin.
To read more, please follow this link.
September 1, 2010
Looking toward the final months of the year, 11 percent of executives interviewed expect to increase the number of full-time staff they employ in professional occupations in the fourth quarter, according to a survey released Wednesday by Robert Half.
To read more, please follow this link.
Payroll firm SurePayroll’s monthly Business Scorecard finds continued modest hiring gains among small businesses, but with pay little changed.
Small businesses hiring in July continued at the same pace as in June, up 0.2 percent, for the second consecutive month, SurePayroll says. The average paycheck was down 0.1 percent after a 0.6 percent decline in June.
To read more, please follow this link.
One month of encouraging jobs data is hardly enough to declare a rip-roaring recovery of Michigan’s feeble economy — but it’s nothing to sneeze at, either.
“There’s no guarantee, but evidence is building that Michigan has finally turned the corner. The private sector is starting to grow again,” James Hohman, a fiscal policy analyst with the Mackinac Center for Public Policy, told me Tuesday after he blogged about Michigan leading the nation in job growth, with a gain of 27,800 jobs in July.
To read more, please follow this link.
Read more: Tom Walsh: Michigan leads U.S. in new jobs with 27,800 | freep.com | Detroit Free Press http://www.freep.com/article/20100901/COL06/9010380/Michigan-leads-U.S.-in-new-jobs#ixzz0yINnmlM8
August 31, 2010
Confidence among U.S. consumers rose more than forecast in August, a sign the biggest part of the economy may avoid a slowdown that would derail the recovery.
The Conference Board’s confidence index increased to 53.5 from a five-month low of 51 in July, figures from the New York- based private research group showed today. The median forecast of economists in a Bloomberg News survey was for a 50.7 reading.
To read more, please follow this link.
JEFFERSON CITY — Looking for a top government job? Gov. Jay Nixon now has two openings.
To read more, please follow this link.
In March 2010, the State of Ohio awarded a 45 percent job creation tax credit valued at $309,029 and a $1.5 million 166 Direct Loan for a term of 15 years.
The loan supports the construction of the data center in the Akron area and the purchase of machinery and equipment.
The data center will create 50 new high technology jobs with an average annual salary of $68,000.
To read more, please follow this link.
August 30, 2010
With unemployment figures so high and so many people out of work, it should be a piece of cake finding the right candidate for an opening, right? In high tech start-ups, unfortunately, that answer is “no.” Unlike the rest of the country, Silicon Valley is still a competitive environment for companies seeking qualified workers, particularly start-ups, which can’t afford hiring mistakes.
In a recent article on Slate, the founders of RethinkDB shared their story of searching for workers for their new company, which deals in the field of database technology. After receiving funding of more than $1 million early in 2010, they pursued all the traditional means of finding employees. They used recruiters, job boards, their own website, even trying to steal away talent from other companies, all to no avail. Their biggest disappointment was recruiters.
To read more, please follow this link.
A year ago this week, Ford cut a big tentative deal to sell its abandoned Wixom assembly plant to two renewable-energy companies, in a $725-million industrial conversion that promised to create 4,300 new jobs.
Problem is, it’s still a tentative deal.
A closing on the sale is at least three or four months away. Loan guarantees from the U.S. Department of Energy, critical to financing the project, have not yet been approved. Production of grid storage batteries and solar panels, initially supposed to start in 2011, won’t likely occur that soon. Ditto for most of the new jobs the conversion promised.
To read more, please follow this link.
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