Apple Inks Major Sapphire Supply Deal With GT Advanced Technologies

GT will own and operate sapphire production equipment in a new Apple facility in Arizona.
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News Byte

LinkedIn Brings Job Applications to Mobile

LinkedIn on Monday updated its iOS and Android applications, allowing users to directly apply for jobs listed on the network via their phone. After searching for job listings on the site, LinkedIn’s new feature takes information from a user’s profile and uses it to auto-complete a job application (though only for those listings that do not redirect users to a third-party application site hosted by the company). The new feature will roll out globally to all English-speaking LinkedIn users immediately.

News Byte

Employment Startup Proven Raises $1 Million

Proven, a mobile app for finding employment, announced an additional $1 million to its seed round of funding on Wednesday, bringing the total amount contributed to $3.8 million. Investors include Andreessen Horowitz, Kapor Capital, Founder Collective, Greylock Partners and a number of angel investors. The app allows job seekers to search Craigslist, Simply Hired and Beyond.com for postings, and lets them keep track of positions they’ve applied for, among other features.

I, Robot

It’s one of the dirty secrets of economics: technology progress does grow the economy and create wealth, but there is no economic law that says everyone will benefit.

Erik Brynjolfsson, a professor at the MIT Sloan School of Management, who theorizes that advances in computer technology, like advanced robotics, are behind the post-2000 employment slowdown, and that technology is destroying jobs faster than it can create them

Voices

Apps: The New Corporate Cost-Cutting Tool

Apps may be creating new jobs for developers and marketers. But around the edges of the rest of the economy, they’re also starting to become a substitute for people who earn a paycheck.

Apple’s Getting Bigger in Texas

If it keeps up like this, Apple will soon employ more people in Austin than Dell.
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Is New York’s Digital Boom Slowing Down?

The good news: Internet shops like Google, Rent the Runway and Warby Parker are still hiring lots of people. The less good news: They were hiring more people earlier in the year.
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Mayer to Get Close to $60 Million (And Maybe More) in Overall Compensation for Yahoo’s Top Job

Memo from the Department of the Internet Rich Get Richer!
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HP, IBM Shares Fall With Dow on Weak Jobs Report

And it’s not just jobs. There’s Europe, too.
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Massive Layoffs Expected at Nokia

Welcome to 1945…