Matt Berger

Articles by Matt Berger

NEC trims operations at U.S. fab, lays off 700

The semiconductor arm of Japanese electronics manufacturer NEC Corp. announced Friday it would reduce operations at one of its U.S. fabrication facilities and lay off 700 employees from a number of its business units.

Motorola denies it has liquidity problems

Responding to a brutal day on Wall Street and a published report questioning the company's cash position, Motorola Inc. Friday issued a wordy statement denying that it was facing a liquidity problem.

Alcatel cuts jobs as IT firms lower estimates

French telecommunications equipment maker Alcatel SA will lay off about five per cent of its U.S. workforce, the company said Monday. The news came amid a stream of earnings warnings and staff cuts at high-tech vendors including Ariba Inc., i2 Technologies Inc. and Inktomi Corp.

GM adds to Web marketing investment

General Motors Corp. recently announced a deal to upgrade its consumer Web site,, with new technology that lets car buyers access the site faster and on a variety of platforms, from cell phones to handhelds.

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