If Intel’s latest earnings are truly an indication of how the tech industry is holding up in the econalypse, then the tech industry isn’t doing too badly (though, obviously, it has seen better days). After market close Tuesday, the chip behemoth posted second-quarter results far in excess of expectations.
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On stage at our All Things Digital conference last month, Yahoo CEO Carol Bartz said that a search deal with Microsoft would require a “boatload of money,” and an outright acquisition even more. It doesn’t require a great feat of augury to see that an agreement between the two–at least at this time–isn’t that likely, as a number of analysts have recently noted.
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If there was an over-arching theme for this last week on All Things D, it would have to be musical chairs.
Brand new MySpace CEO Owen Van Natta started things off Monday with his first day on the job. He was joined by new COO and former AOL exec Mike Jones and new chief product officer and former Sling Media exec Jason Hirschhorn.
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Here’s the flip side of reports that Palm plans to deliberately keep supplies of the Pre artificially low to foster the perception of a shortage and spur demand: There will be a shortage, but it won’t be deliberate or artificial. Collins Stewart analyst Ashok Kumar claims that his supply chain checks indicate that Palm has “drastically reduced its production orders” for the Pre.
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The financial markets’ descent into the maelstrom over the past several weeks is proving quite a test of faith for Collins Stewart analyst Sandeep Aggarwal. Last week he cut his estimates for Yahoo, citing the company’s deteriorating fundamentals. Since then he’s become increasingly dismayed by Wall Street’s continued collapse.
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Microsoft’s Live Search Cashback–“The Search That Pays You Back!”–must have had at least some short-term positive effect on Microsoft’s search business because the company is augmenting it with another rewards program. Now, in addition to receiving Cashback rebates on certain purchases of products found through Microsoft’s live.com Web search, users can win prizes as well.
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