This recession is a long way from over if Verizon’s latest earnings are anything to judge by. Reporting second-quarter earnings that were a penny better than the 62 cents per share Wall Street had been expecting, the company said it suffered a nasty 21 percent drop in profit thanks to the econalypse, which is pinching enterprise customers pretty hard these days.
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The next iteration of Apple’s iPod touch will boast not just a camera, but a microphone as well. That’s the latest rumor, anyway–this one from a “well-connected” Wired source who claims the device is already being manufactured with an eye toward a September launch.
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Celebrated game designer Will Wright has a new job: doing whatever he damn well pleases. He’s leaving Electronic Arts, the game publisher for which he developed Spore and the wildly successful Sim City and The Sims franchises, to run Stupid Fun Club, an entertainment think tank developing ideas for everything from toys to TV.
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Apple may not announce any new product categories at MacWorld come January, but it will uncrate an update to at least one old one: the Mac Mini. An “Apple corporate employee” tells Wired that the diminutive desktop has received a long overdue upgrade that’s to be revealed at the annual expo.
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“Everyone loves Google.” So began a 2001 Wired profile of the company and its “resolutely uncommercial” path to success. Everyone loves Google. Sounds like so much hyperbole now, but at the time it was essentially a truism. Eight years later, that’s no longer really the case. Today, Google seems a distorted reflection of the ideals that made it so beloved. No wonder it’s fallen off the TRUSTe/Ponemon Institute’s list of the top 20 most trusted companies in the United States.
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What an ugly week for the digital GOP. First, John McCain’s domestic policy adviser conjures up a PR disaster by crediting the senator with the development of the Blackberry–odd, since McCain’s not exactly a digital native. Then former Hewlett-Packard CEO Carly Fiorina says U.S. vice presidential candidate Sarah Palin’s not qualified to run HP. And now, Palin’s Yahoo email account has been hacked and its contents published to Wikileaks. What an astonishingly tech-savvy presidential ticket.
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