If the Federal Trade Commission takes issue with Google and Apple’s interlocking boards, Google will be well prepared. Last October, Wilson Sonsini Goodrich and Rosati–the company’s outside law firm–gave a presentation on this very issue. Ironic, yeah? Click through to read the document in its entirety.
Facebook CEO Mark Zuckerberg is going to turn the social network’s “stream” of user experiences and information into a revenue stream one way or another. And if that means allowing others to pan its waters for gold, then so be it.
And so, at an event in Palo Alto later today, Facebook will reportedly announce plans to open its stream to third-party developers, offering them the chance to build new services and applications outside the site that access the status updates, photos and videos uploaded by users.
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.
The debut of IBM’s Open Cloud Manifesto has proven more pratfall than grand entrance. When the controversial “standards” document–which calls for the cloud, like the Internet itself, to be open–finally went live this morning, it did so without a number of important signatories. Among them, the Cloud Computing Interoperability Forum–a group that helped draft the document.
The ax is indeed swinging at Big Blue. Following reports that it is preparing to cut thousands of jobs in its global services unit, IBM said Thursday it has begun notifying employees of what it likes to euphemistically refer to as “resource actions.” IBM refused to disclose the number of employees affected, but
Lee Conrad, spokesman for a union group called Alliance@IBM, said at least 1,674 in the company’s Application Services unit will lose their jobs.
“We will not simply ride out the storm. Rather, we will take a long-term view, and go on offense.” That was the promise IBM CEO Sam Palmisano made in his annual letter to shareholders this week detailing Big Blue’s plans to forge new markets in infrastructure services. Here we are just a few days later and the company has already set about fulfilling it. IBM announced a new water-management services effort today, one that will see it bringing its information technology acumen to bear on the systems used to monitor reservoirs, water pipes and the like.
If a global manufacturer of computer hardware like Belkin’s not exhibiting at CES, who is? I posed that question jokingly earlier this morning, but turns out there’s a very real and ugly answer to it: Not Seagate. Not Logitech. Not Cisco. Not Philips. Not Yahoo. And not Sanyo, either.
Thank God for IBM. The technology bellwether gave battered investors a chance to catch their breath Thursday after it said it expects to report a 20 percent increase in net income for its third quarter and, remarkably, claimed its profit outlook for the full year remains on track.
When Hewlett-Packard CFO Cathie Lesjak said she was fond of cost-cutting, she wasn’t kidding. On Monday HP announced plans to cut 24,600 jobs over the next three years as it digests Electronic Data Systems, the technology services giant it acquired for nearly $14 billion this summer.
Hewlett-Packard has wrapped up its acquisition of technology services giant Electronic Data Systems Corp., the company’s largest purchase since the $20 billion merger former HP CEO Carly Fiorina orchestrated with Compaq Computers six years ago. Thankfully, it wasn’t nearly so rancorous.
Hewlett-Packard CEO Mark Hurd seems to have managed to cut the fat from the company without hitting any of its internal organs. HP reported a 10 percent increase in its fiscal third-quarter earnings Tuesday, while profits rose 14 percent to $2 billion.
So those reports that AT&T would subsidize $200 of the cost of the iPhone 3G? Way off. According to Oppenheimer analyst Yair Reiner, the carrier is paying Apple $325 in subsidies on each iPhone 3G. And another $100 if the purchaser is a new AT&T customer. $425 in potential commissions per device sold. That’s unprecedented in the industry.
Good thing Forrester doesn’t run Apple, because if it did the company would be well on its way to insolvency. In an astonishingly unimaginative report called “The Future of Apple Inc.,” Forrester attempts to divine the products Apple will be peddling 5 years from now.
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.
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!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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