THE WALL STREET JOURNAL
TECHNOLOGY UPDATE
February 24, 2009 -- 3:00 p.m. EST
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Microsoft's Ballmer said the company continues to face tough conditions in all of its businesses but isn't planning deeper cuts to operating expenses. He also repeated his desire to speak with Yahoo's new CEO. - Digits: Microsoft Tells Overpaid Ex-Employees 'Our Bad'
http://online.wsj.com/article/SB123548426979759217.html?mod=djemTECH
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Nokia announced a range of new voluntary job-cutting measures to increase cost-efficiency and adapt to weak market conditions.
http://online.wsj.com/article/SB123547044123458101.html?mod=djemTECH
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China is nearing its first deal in nearly a decade to launch a private communications satellite for a major Western operator, France's Eutelsat.
http://online.wsj.com/article/SB123550142763361701.html?mod=djemTECH
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Yahoo plans to introduce several tools to help marketers better target their ads to Internet-search users. - Digits: Yahoo Loses a Deal Maker
http://online.wsj.com/article/SB123543765554954735.html?mod=djemTECH
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Motorola plans to sell its Good Technology mobile email business to closely held rival Visto for about $500 million.
http://online.wsj.com/article/SB123543164838953707.html?mod=djemTECH
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Micron Technology will cut 2,000 jobs as it phases out chip manufacturing in its hometown of Boise, Idaho.
http://online.wsj.com/article/SB123543165820853709.html?mod=djemTECH
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Amid mounting environmental concerns, TV manufacturers are racing to make energy-efficient sets, with some now launching "eco" branded TVs.
http://online.wsj.com/article/SB123543836223054915.html?mod=djemTECH
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Juniper Networks' new CEO decided to preserve spending on research and development and found other areas to hack: executive salaries.
http://online.wsj.com/article/SB123544019567655227.html?mod=djemTECH
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Xerox and other vendors are pushing consulting services that advise customers to reduce their number of machines and find ways to cut printing costs.
http://online.wsj.com/article/SB123544246272655641.html?mod=djemTECH
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A judge gave Hong Kong's securities regulator more time to probe vote-rigging claims in PCCW's privatization.
http://online.wsj.com/article/SB123544197338655437.html?mod=djemTECH
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TomTom swung to a fourth-quarter net loss on lower sales and an impairment charge, announced further cost cuts and cautioned that it could breach its loan covenants.
http://online.wsj.com/article/SB123546036931057605.html?mod=djemTECH
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Craig Newmark, the "Craig" behind Craigslist, discusses his current "customer-service rep" position, his political blogging and the future of Craigslist.
http://online.wsj.com/article/SB123544409937556081.html?mod=djemTECH
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From the BizTech Blog
Feb 24, 1:59 pm
Googling ?Unemployment?
Searches of economy-related terms like "unemployment" and "discount" have jumped over the past year, according to new U.S. data from comScore.
See Full Post: http://blogs.wsj.com/digits/2009/02/24/googling-unemployment/?mod=djemTECH
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Feb 24, 1:51 pm
Gmail Outage Disrupts Working Day
Google's Gmail service went down Tuesday morning - a widespread outage that affected businesses and consumers and follows a few more minor blackouts in recent months.
See Full Post: http://blogs.wsj.com/digits/2009/02/24/gmail-outage-disrupts-working-day/?mod=djemTECH
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Feb 24, 12:38 pm
Microsoft Tells Overpaid Ex-Employees ?Our Bad?
The company on Monday conceded it committed a faux pas when it notified some former employees that Microsoft had given them too much severance money and asked them to return the overpayments.
See Full Post: http://blogs.wsj.com/digits/2009/02/24/microsoft-tells-overpaid-ex-employees-our-bad/?mod=djemTECH
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All Things Digital
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http://mediamemo.allthingsd.com/20090224/ticketmaster-makes-up-with-bruce-springsteen-and-his-fans/?reflink=ATD_wsj_quotes?mod=djemTECH
- EU to Microsoft: You Like Bundling I'll Show You Bundling ?
http://digitaldaily.allthingsd.com/20090224/eu-to-microsoft-you-like-bundling-ill-show-you-bundling/?reflink=ATD_wsj_quotes?mod=djemTECH
- Reason for Leaving Last Job: ?Voluntary Redundancy?
http://digitaldaily.allthingsd.com/20090224/reason-for-leaving-last-job-voluntary-redundancy/?reflink=ATD_wsj_quotes?mod=djemTECH
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TECHNOLOGY VIDEOS
Apple leads tech sector mostly higher, gaining nearly 3% on the eve of its annual shareholders meeting and unfazed by a recent ratings downgrade. Microsoft, however, tumbles after it reiterates its weak forecast for 2009. Rex Crum reports.
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