Yahoo’s financials for the fourth quarter–co-founder Jerry Yang’s last as CEO–were about what you’d expect: mediocre. The fourth was Yahoo’s first money-losing quarter since 2002, and the first time its revenue declined since the fourth quarter of 2001.
With the economy continuing to sour and consumer tech spending slowing, speculation is running rampant that Microsoft may soon join the sad conga line of tech companies announcing layoffs. According to an unsubstantiated, poorly sourced report currently making the rounds, Redmond is steeling itself for a massive staff reduction.
Tech may be done with layoffs for 2008, but 2009 is another matter entirely. Now that the souring economy has had its way with Yahoo and AMD and Palm and Sun and Nortel, it’s moving on to bigger fare. We’ve already heard predictions that Google will sack as much as 15 percent of its workforce next year. Now come rumors that Microsoft is steeling itself for large-scale job cuts as well.
Alcatel-Lucent, the world’s largest maker of telecommunications equipment, won’t be quite so large come 2009. This morning the struggling Franco-American network supplier said it plans to sack 1,000 managers and 5,000 contractors in a bid to bring down costs.
Earlier this afternoon, Peter Kafka reported in Media Memo that RealNetworks was “next up in today’s layoff parade.” Here’s the official internal memo from RealNetworks founder, chairman and CEO, Rob Glaser.
T-Mobile’s G1, the first smartphone based on Google’s Android operating system, really is as cheap as it looks. According to a new theoretical tear-down by research firm iSuppli, the G1 costs about 10 percent less to manufacture than Apple’s iPhone 3G.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
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