An Ignoble Experiment: Technology Update

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THE WALL STREET JOURNAL
TECHNOLOGY UPDATE

January 30, 2009 -- 3:00 p.m. EST

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NEC said it will cut 20,000 workers world-wide as it tries to stanch widening losses from semiconductors and other businesses that have been hard hit by competition and the global economic slump. - Sortable Chart: First-Quarter Layoffs - NEC Electronics Loss Widens

http://online.wsj.com/article/SB123331016306332975.html?mod=djemTECH

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Dell is weighing a leap into smartphones against Apple and Research In Motion amid the PC industry's slowdown.

http://online.wsj.com/article/SB123327385680231133.html?mod=djemTECH

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Amazon said profit rose 9% and sales surged 18% in the fourth quarter as the Internet giant used its pricing muscle to lure shoppers.

http://online.wsj.com/article/SB123326309581630125.html?mod=djemTECH

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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 - Interactive: Layoffs Pile Up

http://online.wsj.com/article/SB123315734360424395.html?mod=djemTECH

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The high-speed Internet funding that Congress is considering in its economic-stimulus package falls short of what providers say is required to reach rural and unserved areas. - Digits: How the Senate and House Differ on Broadband Spending

http://online.wsj.com/article/SB123326956344630723.html?mod=djemTECH

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As the Republican Party rebuilds after its defeat in November, the discussion has centered not so much on honing its message as on messaging -- on Twitter, Facebook and MySpace.

http://online.wsj.com/article/SB123309277668321299.html?mod=djemTECH

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Nortel said it will discontinue its mobile WiMax business and end its joint venture with Israel's Alvarion.

http://online.wsj.com/article/SB123327459509331171.html?mod=djemTECH

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Broadcom swung to a net loss and recorded big write-downs in its mobile platforms unit. The chip maker plans to cut jobs, delay salary increases and curtail discretionary spending.

http://online.wsj.com/article/SB123326572454930355.html?mod=djemTECH

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Chartered said it would cut 600 jobs, about 8% of its global work force, as it swung to a fourth-quarter net loss.

http://online.wsj.com/article/SB123326808072930611.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: Senate vs. House on Broadband

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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From the BizTech Blog

Jan 29, 9:23 pm
Does Adobe Deserve the Most Downloads Record?
Adobe Systems may have a claim to the world record for most software downloads in a day-if the company wants to push its case.

See Full Post: http://blogs.wsj.com/digits/2009/01/29/does-adobe-deserve-the-most-downloads-record/?mod=djemTECH

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Jan 29, 7:05 pm
Aliens Trash San Francisco, Courtesy of the Latest Technology
When Jeffrey Katzenberg came to San Francisco earlier this month to screen clips from his forthcoming film, he issued a warning: "What you are about to see may be disturbing to watch." Disturbing, that is, to people who love the City by the Bay.

See Full Post: http://blogs.wsj.com/digits/2009/01/29/aliens-trash-san-francisco-courtesy-of-the-latest-technology/?mod=djemTECH

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Jan 29, 5:17 pm
How the Senate and House Differ on Broadband Spending
Differences between the two broadband stimulus proposals working their way through Congress could take a little while to work out, but details of the plans that have popped up this week offer a map of where things might end up.

See Full Post: http://blogs.wsj.com/digits/2009/01/29/how-the-senate-and-house-differ-on-broadband-spending/?mod=djemTECH

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