John Paczkowski

Recent Posts by John Paczkowski

Alcatel-Lucent: We Suck in French and English

Alcatel-Lucent is cleaning house and, frankly, it’s about time. After posting yet another massive quarterly loss Tuesday ($1.7 billion), the company said its chief executive, Patricia Russo, and chairman, Serge Tchuruk, who together led its trans-Atlantic merger two years ago, will resign their positions by year end.

“The merger phase is now behind us,” Tchuruk said in a statement. “I am proud that Alcatel-Lucent (ALU) has become a world leader in a technology which is transforming our society.”

Added Russo, “Our strategy is taking hold, and our results are demonstrating good operational progress. That said, I believe it is the right time for me to step down.”

Apparently, after six consecutive quarters of losses and a brutal reduction in both market share and market capitalization, their work is done.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work