cost savings

Microsoft Slurps Up Opalis

John Paczkowski in News on December 11, 2009 at 10:57 am PT

Evidently, Microsoft is back in a buying mood. Yesterday, the company announced plans to acquire health-care software outfit Sentillion. And now Microsoft says it plans to buy Opalis Software, a maker of data center management software.

Time Warner Gives Wall Street a Pleasant Surprise, but Has Bad News for Time Inc. Employees

Peter Kafka in Media on November 4, 2009 at 4:09 am PT

Yesterday, Viacom told Wall Street that its third quarter had been better than most analysts expected. Today Time Warner delivered a similar report: Revenue was on track, but cost savings improved the bottom line. That won’t help hundreds of Time Inc. employees who face job cuts this quarter. Meanwhile, the company can’t ditch AOL soon enough: It has already spent $100 million prepping it for a spinoff this year.