The Early Numbers Are In: Is Rhapsody’s iPhone App a Hit?

RealNetworks says more than 500,000 people have downloaded its all-you-can-eat music app. But it’s hard to tell what that number actually means.
rhapsody app

RealNetworks Cuts 130, 7.5 Percent of Workforce

Next up on today’s layoff parade: RealNetworks, which is cutting 130 jobs, or 7.5 percent of the workforce. Standard explanation: The company is trying to “bring expenses in line with revenues in a time of economic turmoil.”