THE WALL STREET JOURNAL
TECHNOLOGY UPDATE
January 29, 2009 -- 3:00 p.m. EST
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Kodak announced plans to cut between 3,500 and 4,500 jobs, or 14% to 18% of its work force, amid weak sales. - Sortable Chart: First-Quarter Layoffs
http://online.wsj.com/article/SB123315734360424395.html?mod=djemTECH
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AT&T and Verizon are pursuing different growth strategies as the traditional phone business declines.
http://online.wsj.com/article/SB123307214837119815.html?mod=djemTECH
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Obama won a well-timed plug for his economic-rescue plan from the U.S. high-tech industry, a group he nurtured heavily during the campaign. - Digits: CEOs Want More Than Tax Credits
http://online.wsj.com/article/SB123318835721826641.html?mod=djemTECH
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Battered by the strong yen and sliding consumer demand, Sony said third-quarter net profit skidded 95%.
http://online.wsj.com/article/SB123315847515224529.html?mod=djemTECH
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Nintendo cut its earnings estimate in part because of the strong yen's impact on overseas sales, and the company cut projections for sales of its Wii game console.
http://online.wsj.com/article/SB123315828786424523.html?mod=djemTECH
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Toshiba will slash costs by 15% and cut 4,500 temporary jobs in Japan, and it projected an annual loss on a sharp decline in its chip division.
http://online.wsj.com/article/SB123315856455524535.html?mod=djemTECH
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AOL is laying off 700 workers, or 10% of its work force, amid a steep decline in ad revenue and changes in the Time Warner unit's business structure. - Digits: Read the Layoff Memo
http://online.wsj.com/article/SB123317089938325253.html?mod=djemTECH
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House Republicans derailed an effort to delay until June the date when television stations must broadcast in all-digital format.
http://online.wsj.com/article/SB123316590727524977.html?mod=djemTECH
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Internet company Glam Media acquired technology firm AdaptiveAds to boost its online ad-targeting capability and help it create a self-service ad-buying system.
http://online.wsj.com/article/SB123319057833626493.html?mod=djemTECH
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We enlist trading assistants to help us sell a range of household items on eBay.
http://online.wsj.com/article/SB123319302822427169.html?mod=djemTECH
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Business-software company SAP reported a 13% rise in profit, but announced job cuts to cope with the economic downturn.
http://online.wsj.com/article/SB123307400818019993.html?mod=djemTECH
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Yahoo swung to a loss and warned that the weak advertising market will continue to hurt sales, adding to pressure on new CEO Bartz.
http://online.wsj.com/article/SB123309371109521317.html?mod=djemTECH
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From the BizTech Blog
Jan 29, 9:29 am
The Pope Embraces YouTube, Facebook
The Pope launches a YouTube channel and a Facebook page, but urges Catholics to beware not to "trivialise the concept or the experience of friendship."
See Full Post: http://blogs.wsj.com/digits/2009/01/29/the-pope-embraces-youtube-facebook/?mod=djemTECH
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Jan 29, 12:01 am
Tech M&A: Not Dead, Just Resting
The number of tech mergers and acquisitions fell precipitously in the fourth quarter of 2008, giving rise to fears that the market for software companies would dry up in 2009. But one investment bank says those worries are unfounded.
See Full Post: http://blogs.wsj.com/digits/2009/01/29/tech-ma-not-dead-just-resting/?mod=djemTECH
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Jan 28, 9:29 pm
Tech CEOs Want More Than Tax Credits from Obama
By all accounts, the initial meeting Wednesday between the new president and a tech-dominated group of corporate CEOs was a sober affair. But that's not the tone that stuck with Michael Splinter, chief executive of Applied Materials.
See Full Post: http://blogs.wsj.com/digits/2009/01/28/tech-ceos-want-more-than-tax-credits-from-obama/?mod=djemTECH
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All Things Digital
Latest Posts
- Google: Search Market Blob
http://digitaldaily.allthingsd.com/20090129/google-search-market-blob/?reflink=ATD_wsj_quotes?mod=djemTECH
- The New York Times Says Energy Companies Are Advertising, Hollywood Isn't
http://mediamemo.allthingsd.com/20090129/the-new-york-times-says-energy-companies-are-advertising-hollywood-isnt/?reflink=ATD_wsj_quotes?mod=djemTECH
- Where the Chickens Would Come Home to Roost if Yahoo and Microsoft Ever Did Do a Search Deal
http://kara.allthingsd.com/20090129/where-the-chickens-would-come-home-to-roost-if-yahoo-and-microsoft-ever-did-do-a-search-deal/?reflink=ATD_wsj_quotes?mod=djemTECH
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TECHNOLOGY VIDEOS
The multimedia suite that introduced iPhoto, GarageBand and iMovie has come out with a new version. Walt Mossberg reviews Apple's iLife '09 suite.
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