Scarlet Pruitt

Hewlett-Packard Co. (HP) has hired head-hunting firm Russell Reynolds Associates Inc. to help it find a new chief executive officer (CEO) following the departure last week of former chairman and CEO Carly Fiorina. The search will be conducted with the "highest level of confidentiality," HP said Thursday, adding that it will not comment further on the hunt for a new chief executive.

Global offshoring of IT services, manufacturing and other business functions will continue to grow over the next three years, with countries in Eastern Europe taking on India and China as leading destinations, according to a recent report.

Microsoft Corp. Chairman Bill Gates is due to announce an extension of the company's security initiatives for governments at a meeting with public sector leaders in Prague Wednesday, sources close to the company said. The announcement will come at Microsoft's Government Leaders Forum - Europe, which kicked off Tuesday with remarks by chief executive officer for Europe, the Middle East and Africa (EMEA) Jean-Philippe Courtois, that the software company is increasing its participation with governments based on feedback it has received from public sector leaders.

Faced with the daunting challenges of poverty, underdeveloped infrastructure, disease and civil war, few might consider Africa a budding technology hotspot. Yet over the last decade Microsoft Corp. has been investing money and resources to foster growth in the region and its efforts are starting to pay off.

The European Union's (E.U.'s) Commissioner for Information Society and Media is set to unveil a new initiative for advancing technology development and investment, following concerns that Europe is falling behind the U.S. and Asia.

Although a company's move to outsourcing can sometimes strike fear in employees who see their jobs as endangered, if done right workers may find...

Spanish police have arrested a man suspected of creating a Trojan horse software program capable of making secret recordings of Internet users through their webcams and stealing confidential information.

Europe has become the new hotspot for outsourcing contracts, exceeding the U.S. in terms of the value of major outsourcing deals awarded last year, global sourcing firm Technology Partners International Inc. (TPI) said Friday.