Thursday, August 20, 2009
Apple CEO to Palm: I’ll Quit Sniffing Your Org Chart if You Quit Sniffing Mine
Apple appears to have a particular affinity for the unwritten no-poaching agreements said to be so popular among the nation’s biggest tech companies. Earlier this summer, the New York Times reported that Apple may have quietly negotiated an agreement with Google not to hire away each other’s top talent. Now, Bloomberg claims that the company attempted to win a similar commitment from Palm, but was rebuffed.
Thursday, August 6, 2009
Confirmed: Layoffs at RealNetworks’ Rhapsody
The ax is swinging at Rhapsody America. The subscription music service, a joint venture between RealNetworks and Viacom subsidiary MTV Networks, is sacking nine percent of its employees, mostly in editorial.
Thursday, July 16, 2009
IBM Doing Just Fine Without All Those Employees It Sacked, Redux
IBM had a very good second quarter, all things considered. The company reported earnings that trounced analysts’ estimates and raised its full-year earnings forecast. Earnings were $2.32 per share, up from $1.97 per share in the same period last year, and well above the $2.02 per share the Street was looking for.
Layoffs at Cisco
The 1,500 to 2,000 job cuts announced during Cisco’s second-quarter earnings call are apparently well under way. Sources say the company is sacking upward of 600 employees at its Silicon Valley headquarters today.
Thursday, July 9, 2009
Sprint to Ericsson: Take My Network Operations…Please
Sprint has found a novel way to improve its network operations: Turn them over to Ericsson. On Thursday, the wireless carrier announced a long-rumored plan to outsource its network to Ericsson.
Wednesday, July 8, 2009
NetApp Gives Up; Data Domain to Be Acquired by EMC
EMC has long claimed that its bid for Data Domain is clearly superior to NetApp’s, and today NetApp finally agreed. After market close Wednesday afternoon, NetApp said it has terminated its merger agreement with Data Domain, giving the data storage technology vendor leave to accept EMC’s unsolicited takeover bid–at $33.50 a share cash, an 11 percent premium over its own.
Thursday, July 2, 2009
iPhone 3GS Launch AT&T’s “Best-Ever Sales Day” [Internal Memo]
It took Apple and AT&T 74 days to sell the first million iPhones back in 2007. This year it took just three. No wonder AT&T is crowing about first-day sales. In an all-hands memo to employees this week, the carrier, which sold “hundreds of thousands” of iPhones during its pre-order process, said first-day sales of the 3GS were off the charts. The memo, after the jump.
Tuesday, June 23, 2009
MySpace | A Place for Layoffs, Redux
MySpace has extended its war on bloat overseas. This morning the company announced plans to close at least four of its offices outside the U.S. in a bid to reduce costs. Some 300 of the company’s 450 international employees will lose their jobs as a result.
Thursday, June 18, 2009
IBM: The “M” Stands for “Mobility”
Between 2006 and 2011, IBM expects the number of mobile phone users to increase by 191 percent to approximately one billion. Little wonder then that the company is dedicating more resources to mobile services-related R&D.
Tuesday, June 16, 2009
MySpace | A Place for Layoffs
The ax has finally swung at MySpace. This morning the AOL of social networks announced plans to sack 30 percent of its workforce. All told, 420 workers will lose their jobs, reducing the size of the company’s staff to 1,000 employees. CEO Owen Van Natta’s all-hands memo, after the jump.
Thursday, May 14, 2009
By the Time SIRI Hits $4.72 Per Share, I’ll Be Dead Anyway
Sirius CEO Mel Karmazin says his decision to forfeit 30 million company stock options is a generous enhancement to the company’s stock incentive plan, one that will help it “attract, motivate and retain key employees.” An altruistic move were it not for the fact that the options had an exercise price of $4.72 per share and Sirius’s stock is trading at about 35 cents.
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About John
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 »
Ethics Statement
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.
alt.misc
- Godzilla’s Food, Exercise, and Dream Diary
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. - Scenes From An Alternate Universe Where The Beatles Accepted Lorne Michaels’ Generous Offer
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.
- The Golden Age of Video
Best video mashup ever.
- I’m not dead yet
A Facebook Memorial
- Pulp Fiction Audio Mix
Wow.
- A world without the Internet
Worth it for the Rickrolling photo alone.
- Google Wave Cinema: Pulp Fiction
Excellent.
- Dead Fly Art
Flughumor!
- Happy Birthday Monty Python …
… you vacuous, toffee-nosed, malodorous perverts
- ‘You are being shagged by a rare parrot’
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
