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Sony is making Chief Executive Officer Howard Stringer, who also will be president, the center of power at the company, reports CNBC . Former President Ryoji Chubachi will become vice chairman in c... More >
In a move that SiliconAngle describes as "Facebook Decides To Be A Commune," the social-networking site has announced it will give users input on all significant policy changes and if they become... More >
Dell plans to slash another $1 billion in annual costs by 2011 as it tries to appease investors after it missed estimates for its fourth quarter, reports Bloomberg . The company already has... More >
The long-awaited announcement from Yahoo CEO Carol Bartz has arrived. According to the Washington Post , the company’s CFO Blake Jorgensen is leaving, along with two other executives whose names ... More >
Yahoo CEO Carol Bartz published a blog post Thursday about her management reorganization. It contains few details other than that Chief Financial Officer Blake Jorgensen is leaving , as we reporte... More >
We reported earlier that Yahoo CFO Blake Jorgensen said the company might still be open to a search deal with Microsoft . The next thing we know, there's reports that Jorgensen is leaving th... More >
Reports of Microsoft CEO Steve Ballmer seeking to renew talks with Yahoo over a search partnership may prove fruitful. According to SFGate.com , Yahoo Chief Financial Officer Blake Jorgensen says Y... More >
Yahoo continues to bleed talent as new CEO Carol Bartz prepares for an executive shakeup . paidContent.org reports top mobile exec Marco Boerries is out the door. The story says he wanted ... More >
According to the New York Times , Google.org Executive Director Larry Brilliant is stepping down. Brilliant announced that he would take on the role of Google’s chief philanthropy evangelist. ... More >
The Seattle Post-Intelligencer reports that Microsoft’s Senior Vice President of Human Resources Lisa Brummel has announced that laid-off employees who were overpaid on their severance checks can ke... More >
After several failed attempts to reach a deal with Microsoft and Google, rumors are swirling of an impending management revamp at Yahoo. According to BusinessWeek , new Yahoo CEO Carol Bartz wants t... More >
Visto Corp. plans to buy Good Technology from Motorola for an undisclosed amount, reports The Associated Press in a story on MSNBC. The deal should be finalized by the end of the month. Mot... More >
After accidentally overpaying severance for some of its laid-off workers, Microsoft issued letters to those employees requesting that the excess money be returned. The company has not commen... More >
Though it has announced plans to cut spending overall, AT&T said Monday it will invest $1 billion in undersea cables and services to businesses, according to an Associated Press story in Forb... More >
IBM is offering workers jobs other than those in low-wage countries . Employees could move to Iowa. According to this Des Moines Register story , 150 existing workers will move to Dubuque wh... More >
Microsoft won one and lost one in the latest rounds of the "Vista Capable" lawsuit, reports the Seattle Post-Intelligencer . In a huge victory for the software maker, Judge Marsha Pechman d... More >
Hewlett-Packard stock slipped more than 3 percent in premarket trading on news that the tech giant expects a 13 percent decline in first-quarter profit, reports MarketWatch . The company sa... More >
Verizon Wireless announced Wednesday it has selected Ericsson and Alcatel-Lucent as its main suppliers for the buildout of the next-generation wireless network it's building, reports The Associate... More >
The Bangkok government has chosen Motorola's outdoor wireless mesh network to upgrade its 24-hour video surveillance of the city's Chinatown district, reports Network World . The surveillance is u... More >
Software-development outsourcer Aragon Consulting Group has acqurired Krugle Inc. , which focuses on code analysis and maintenance technology, reports bizjournals.com . Terms of the deal were not d... More >
Last October, rumors began flying that Fujitsu was looking to sell its hard drive business , most likely to rival Western Digital. According to an article in The New York Times , Toshiba snagged F... More >
Inventory management and forecasting technology solutions vendor Yieldex secured $8.5 million at the close of its Series B round of financing. According to TechFlash , Madrona Venture Group led t... More >
Intel is in closer competition with Qualcomm and Texas Instruments now that it has landed LG Electronics as a customer , according to Bloomberg . Beginning in 2010, Intel will staring supplying a p... More >
According to ReadWriteWeb , marketing automation vendor Loopfuse has received a 1.4 million Series A investment from True Ventures. True Ventures also has closed a Series A funding deal with Sync... More >
Historically mum about the overall size of its financing rounds, Twitter has revealed that it bagged $35 million from Institute Venture Partners and Benchmark in a Series C funding round, reports ... More >
Three weeks ago it was print ads; now Google is getting rid of its radio advertising business. According to The New York Times , the search giant is bagging its radio project because it d... More >
McAfee has posted some rare good news for its fourth-quarter profit. According to Bloomberg , the security vendor's fourth-quarter profit tripled , jumping from $12.2 million a year ago to $45.4 mi... More >
In an effort to play catch up with Apple, Microsoft has announced that it plans to open retail stores . There is no word on how many stores it will open or which products it will sell, notes the In... More >
A report by The National Labor Committee, entitled "High Tech Misery in China," alleges that the Dongguan Meitai Plastics & Electronics Factory in southern China treats workers little better than... More >
Yahoo's VP of search and advertising sciences, Larry Heck , has accepted a job in Microsoft's online services research and development division, according to vnunet.com . Heck will report to Satya ... More >
Following a similar offer by HP earlier this month, Dell has announced a zero-percent financing promotion for SMBs. Digital Trends reports that the deal applies to businesses that lease a ... More >
Unisys has reported a fourth-quarter loss of $58 million , according to vnunet.com . Revenue dropped to $1.28 billion, compared to $1.54 billion a year ago. Chief executive Ed Coleman says: ... More >
Security software company Certicom Corp. has agreed to Research in Motion's takeover bid of $106.5 million, reports Reuters . According to the International Herald Tribune , VeriSign also ... More >
According to BusinessWeek , Nokia will close a research center in Finland and cut up to 320 jobs in an effort to cut costs. It also will temporarily lay off some 2,500 manufacturing staff in its... More >
Research in Motion says its profits will be at the low end of its targets for the fourth-quarter, reports The Canadian Press . However, the company does expect revenue to reach previously forecast... More >
After cutting labor costs, Qwest Communications was able to beat analysts' forecasts for the fourth quarter, reports Bloomberg . Although analysts were estimating 10 cents a share, Qwest man... More >
Despite a 90 percent plunge in profit and its decision to close manufacturing plants, Intel says it will now spend more money than ever before on new manufacturing technology. The New York T... More >
Cisco's keen to make acquisitions, which The New York Times puts behind the company's move Monday to sell $4 billion in bonds . Writer Ashlee Vance says Cisco wants to bolster its home-networking ... More >
Despite all the recent reports of massive layoffs , nearly 600,000 last month, the promise of a massive economic stimulus package sent stocks soaring last Friday. InformationWeek reports tha... More >
The New York Times reports that Salesforce.com is losing three senior executives . Steve Cakebread, the president and chief strategy officer at Salesforce.com, has resigned to "pursue other ... More >
Google's G1 phone, sold exclusively by T-Mobile, is pretty cool, but it's raising some eyebrows among privacy advocates, reports USA Today . With access to your e-mail, instant messages, cont... More >
Bloomberg reports that Charter Communications has hired Greg Doody . There is no word on his title or projects. Doody helped get Calpine Corp. out of bankruptcy. So it's likely that he will ... More >
Apple co-founder Steve Wozniak has taken a job as chief scientist for solid-state storage vendor Fusion-io, reports Computerworld. He already was a member of the company's advisory board. ... More >
According to vnunet.com , MySQL co-founder Michael 'Monty' Widenius has announced he's quitting Sun Microsystems . Widenius says he's leaving on good terms, though. "Sun and I concluded that I have... More >
Sharp is warning that it will post its first ever annual operating loss, reports The Washington Post . Battered by steep price drops for flat panel TVs and a firmer yen, the company is predicting an... More >
According to The New York Times , Google plans to exercise its "demand registration rights" to get its money back from the $1 billion it paid for a 5 percent stake in AOL in 2005. The move ... More >
After posting a fourth-quarter loss of $96.7 million, Lenovo's first loss since January-March 2006, CEO William Amelio will be leaving . A Reuters report on internetnews.com says Amelio's three-ye... More >
Cisco CEO John Chambers is confident that his company can emerge from the current recession without major layoffs. That would be impressive considering the company's recent report. Cisco repor... More >
After a dismal third quarter, there's been a shakeup in the executive offices at security and storage software provider Symantec, reports CRN . The story says at least half a dozen executiv... More >
Though it's seeking bankruptcy protection , DRAM memory maker Qimonda announced Tuesday it will close its only U.S. plant , reports internetnews.com . The company also said it could be forced to l... More >
Buoyed by its success in selling to Twitter users over the holidays, Dell has begun offering exclusive sales to users of the microblogging medium, reports internetretailer.com . It started ... More >
Panasonic plans to cut 15,000 jobs as it warns that it will post an annual loss of $4.2 billion for the year ending March 31, according to a Reuters report in the The Washington Post. The c... More >
According to market research firm Net Applications, Apple has snagged nearly 10 percent of the operating system market. Meanwhile, Windows's share fell to 88.26 percent, reports vnunet.com . Apple... More >
The results are in: Time Warner posted a $16 billion net loss for the fourth quarter, according to Reuters . Profit was 23 cents a share, which is below analyst expectations of 26 cents. The compa... More >
According to internetnews.com blogger Judy Mottl, AT&T CEO Randall Stephenson says he will not take the bonus he earned on last year's performance. Stephenson called it "the right thing to do... More >
Time Warner may tell investors not to get their hopes up for payouts from the $9.25 billion the company will get from shedding its cable systems unit this year. According to Bloomberg , the... More >
Motorola has forecasted a bigger-then-expected first quarter loss , reports Bloomberg . The company predicts that this quarter's loss will be at least 10 cents a share. In addition, accordin... More >
For the three months ended Dec. 31, 2008, information technology management software maker CA Inc. saw profit grow to $213 million compared to $163 million a year earlier. However, revenue slid 5 p... More >
According to an Associated Press article on newsvine.com, Broadcom suffered a $159.2 million loss in the fourth quarter. The company has announced that it is freezing salaries and cutting 200 wor... More >
Novell has confirmed that is laying off 100 workers , less than 3 percent of its workforce, according to Computerworld . The company is not saying if the move is related to slumping sales. However,... More >
vnunet.com reports that HP is touting a new pricing program, called HP Total Financing, that gives cash-strapped SMBs in the U.S. and Canada zero-percent financing on an array of products. ... More >
The costs for Intel to defend itself against the antitrust lawsuit filed by rival AMD are really piling up, prompting Intel to sue one of its insurers , reports PCWorld.com . Intel claims Am... More >
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