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President Obama’s LinkedIn Town Hall: The Other Silicon Valley Jobs Event

Kara Swisher in News on September 26, 2011 at 10:09 am PT

Here’s an idea to get more jobs for the citizens of the U.S.of A.: Fantastic high-speed wireless access!

Yahoo Lays Off One Percent of Staff in Front of Earnings

Kara Swisher in News on January 25, 2011 at 9:58 am PT

Yahoo, which will announce earnings later today, is also laying off another one percent of its staff, according to sources. The layoffs of well over 100 employees are taking place across the company, although cuts are largely in the media and advertising group. After initially declining comment, a Yahoo spokeswoman later confirmed the action.

Yahoo Layoffs of 650 to 700 Employees Set for Tomorrow

Kara Swisher in News on December 13, 2010 at 4:49 pm PT

Yahoo’s layoffs are set for tomorrow morning, with 650 to 700 to be let go, largely from its U.S. products unit. It’ll be a sad day in Sunnyvale.

Google’s Andy Rubin Gives a Flash of Tablet Future

Ina Fried in Mobile on December 6, 2010 at 6:33 pm PT

Taking the stage to kick off D: Dive into Mobile, Google’s Andy Rubin gave a glimpse of Android 3.0 running on a prototype Motorola tablet. That was the icing on a pastry-laden talk filled with Gingerbread, Froyo and Honeycomb.

Adding Insult to Injury: Yahoo Is Prepping Layoffs, but Limited to Product Group and More Like 10 Percent

Kara Swisher in News on November 11, 2010 at 2:40 pm PT

Yahoo is indeed preparing to lay off employees, in a reduction in force that will be done in December. But the layoffs, first reported in TechCrunch, will be closer to 10 percent and be almost completely centered on the product organization under Chief Product Officer Blake Irving, said sources close to the situation.

Tech Stocks Earnings Coming: Frothy Days Are Here Again?

Kara Swisher in News on April 14, 2010 at 2:21 am PT

Earnings from a spate of top digital companies will be reported in the coming days, including for Google (April 15), Yahoo (April 20), Apple (April 20), eBay (April 21), Netflix (April 21), Amazon (April 22) and Microsoft (April 22). Most Wall Street analysts expect good news from the group as a whole, especially as the economy recovers. Bright points include the e-commerce and advertising markets, both of which have been rebounding. In addition, extensive cost cuts over the last year and easy year-over-year comparisons for most companies will brighten the financial picture.

The One-Year Report Card of Yahoo’s Carol Bartz–Financials: C+

Kara Swisher in News on January 15, 2010 at 11:48 pm PT

Yesterday, BoomTown began grading the performance of Yahoo CEO Carol Bartz, after she gave herself a B- for overall performance for the one year since she took over the troubled Internet giant. But I decided to be more specific, splitting the grades into five categories: Management, financials, product innovation, deal-making and moxie. For management, I gave Bartz an A-, which some thought was too generous and others thought should have been an A+. Which means, it was just about right! Today, let’s look at financials–by which I mean Yahoo’s fiscal performance and its stock price. In this regard, Bartz only gets a C++ (it’s a techie joke, get it?).

AOL: Small Layoff Today, a Voluntary Buyout and, Then…the Big One

Kara Swisher in News on November 10, 2009 at 12:00 am PT

Essentially–although AOL is located in New York and not California–it’s going to be like tremors before the Big One at the online company today as about 100 employees are set to be laid off by management. It is part of AOL CEO Tim Armstrong’s “Project Everest”–the code name for cost-cutting across the company. After this small cut, there could be a call for voluntary departures, followed by a much more drastic layoff. The action comes in the same timeframe as the online site’s spinoff from Time Warner.

RealNetworks to Lay Off Four Percent of Staff Today

Kara Swisher in News on November 5, 2009 at 12:34 am PT

The Seattle area is going to get another jobless jolt today, with RealNetworks planning to lay off four percent of its workforce, sources said. That’s a small number–just about 70 people out of its 1,700-person staff–but the move comes on the heels of layoffs of another 800 employees at nearby Microsoft yesterday. The reasons for the layoffs at RealNetworks are, as was the case at Microsoft, to realign the workforce after the recent economic downturn and to control costs.

Liveblogging the Microsoft First-Quarter Earnings Call: Look, Wall Street–Jazz Hands!

Kara Swisher in News on October 23, 2009 at 7:42 am PT

Well, well, well, that financial imp at Microsoft–CFO Chris Liddell–pulled a fast one on Wall Street and turned in first-quarter earnings that blew away all estimates and even whisper numbers. BoomTown liveblogged the morning conference call, which took place at 7:30 am PT–thanks for the Kiwi-laced wake-up call, Chris! While revenue and net income in Q1 were down significantly from the same period a year ago, they were not as bad as investors expected. Which apparently passes for terrific these days!