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Despite an almost global downturn in the telecoms and IT markets, in Italy these sectors are growing ‘steadily’ reports Europemedia. Lay offs in the US have reportedly reached 136,006 for the period December 1999 to July 2001 (according to thestandard.com) yet the number of workers in the Italian IT sector has grown by 3.7% since… Continue reading IT Slowdown Yet To Hit ‘Steady’ Italian Market

A recent survey of leading online brokerage firms by Deloitte & Touche reveals that average use of online accounts has declined 42% as investors are taking a more conservative approach to their portfolios due to market volatility. The slowdown and unease in the US economy which began in early 2000 has significantly affected investment in… Continue reading Use Of Online Brokerages Falls In US

Despite slow short-term growth, the worldwide B2C market is set to be worth £428 billion by 2004 according to new research by eMarketer. Currently, due to the failure of many dotcoms over the past year, B2C commerce accounts for only a small percentage of all retail but eMarketer forecast that this will change after 2002… Continue reading Worldwide B2C Commerce Worth $428 Billion By 2004, Says eMarketer

Despite a huge potential market, UK firms lack the capability to exploit the B2B online market, according to a new report by Forrester. Online business could be worth £300 billion by 2005 says Forrester but firms will have to work hard to overcome their current organisational and technological difficulties in order to reap the benefits… Continue reading UK Online B2B Commerce Will Be Worth

The slowdown in the US economy and the knock-on effect on IT spending has had understandable repercussions for the rest of the world, being as it is the largest market. However, regions outside of the US and Canada have remained relatively immune to the slump so far and most are still showing growth for 2001.… Continue reading IDC Forecasts IT Spending Recovery In 2002

According to recent report by Oftel, there are now six million more internet households in the UK than there were a year ago. OftelÂ’s residential survey shows that 10 million (40%) of UK households were online in May 2001, an increase of 3.75 million in a year. Source: Oftel, July 2001

Pearson, which released its interim financial results yesterday (see Pearson Results Show FT Profits Hit By Ad Downturn), saw shares rise 4.72% to finish at £10.87, an increase of 49p on the previous day.Trinity Mirror, which last week announced that its pre-tax profit was down 9.7% for the six month period to 1 July 2001… Continue reading Sharewatch

The row surrounding Channel 4’s controversial satire programme Brass Eye continued today as the broadsheet newspapers weighed in with opinion on satire, taste and the role of the government and regulators in policing the media.The Independent Television Commission (ITC) has confirmed that it has already processed around 700 complaints about the show, which aired on… Continue reading Brass Eye Row Continues

Bidding for the four-year ITV news contract closes today and ITN will be challenged for the first time by the Channel 3 News consortium.ITN has provided news on the ITV network for 46 years and will face competition for the contract, which begins in 2003 and is thought to be worth in excess of £150m,… Continue reading Bidding Closes For ITV News Contract