The first three months of 2009 were brutal ones for the high-tech industry–from a job loss perspective, the worst in seven years. Challenger, Gray & Christmas on Monday said high-tech companies sacked some 84,217 employees in the first quarter, a 27 percent increase over the previous quarter and the steepest reduction the firm has seen since the Great Dark Time of 2002.
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Sequoia Capital partner Michael Moritz often says that the best time to invest is when people are cowering under their desks. Google appears to have taken that message to heart because it’s launching a new venture fund at a time when the VC industry is busy practicing its duck-for-cover exercises.
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Oracle’s ongoing pursuit of vertical markets has served it well, particularly in these recessionary times–as its latest earnings prove. No surprise then to see the company bolstering its presence in the health care market with yet another acquisition–its 50th since 2005.
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To increased endurance, capacity for mental and physical labor, gastrointestinal disturbance and other effects of coffee add one more: longevity. According to a new study of coffee drinking, people who drink several cups of coffee every day are less likely to die of heart disease than those don’t.
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There’s an estimated $1 billion to be had in health-search advertising, and though Google (GOOG) won’t admit it, it’s clear the company has designs on it.
Today the search sovereign announced a pilot program with the Cleveland Clinic that will enable the health-care organization’s patients to store their health records in their Google Accounts. The clinic [...]
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Google’s informal motto is “Don’t be evil,” but a more apt one might be “don’t be stupid”–at least for the company’s advertising department. In a blog posting this weekend, Lauren Turner, an account planner in Google Health, suggested the health-care industry consider using Google’s ad platform to do battle with “Sicko,” Michael Moore’s scathing [...]
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Good thing Michael Moore has a lenient attitude toward file-sharing, otherwise the leak of a pristine copy of his new documentary, “Sicko,” to the Internet–two weeks before its June 29 release–might chafe a bit.
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