Sirius XM Radio’s financial position is improving. Sadly, the same cannot be said for its subscribership. Reporting earnings this morning, the company broke even in its third quarter. Good news, but it was tempered with a bit of bad. Because Sirius’s subscriber growth is slowing.
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Microsoft may have failed in its bid to acquire Yahoo last year, but it hasn’t failed in its bid to acquire some of the company’s talent. Between November 2008 and March 2009, Redmond hired away five Yahoo veterans. Now comes word that it’s picked up three more.
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Add another name to the list of Yahoo employees defecting to Microsoft. Dayne Sampson, Yahoo’s VP of Operations for Search and Advertising, has fled the company for its former suitor, Microsoft confirmed to Digital Daily.
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If no mention of layoffs was made during IBM’s reporting of its fourth-quarter results it’s not because the company hadn’t been planning them. IBM sent layoff notices to a number of employees last week–just one day after reporting a 12 percent gain in fourth-quarter earnings and issuing an encouraging financial outlook for 2009. And according to reports, the company is eliminating about 2,800 jobs in North America–mostly in its sales and software units.
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