expenses

Cisco Fits Back in Its Skinny Jeans, Drops $1 Billion in Annual Costs

Arik Hesseldahl in News on February 8 at 2:21 pm PT

Cisco hits an important goal of its restructuring one quarter early.

A Loss for Sirius

John Paczkowski in News on February 15, 2011 at 6:30 am PT

So much for that new 52-week high Sirius XM Radio hit on the eve of its fourth-quarter earnings Monday. Shares of the satellite-radio operator slid nearly 8 percent this morning, after it posted an unexpected loss.

What Was That You Said, Greg? It’s Not Illegal if You Don’t Get Caught?

John Paczkowski in News on March 29, 2010 at 10:18 am PT

Former Brocade Communications Systems CEO Greg Reyes’s luck took a turn for the worse last week when he was once again found guilty of securities fraud. Though it acquitted him on one count of conspiracy, a federal jury on Friday found Reyes guilty on nine counts of securities fraud and making false statements–the same ones overturned last August because of prosecutorial misconduct.

The Case for the Fat Start-Up

Ben Horowitz, Co-founder and General Partner, Andreessen Horowitz in News on March 17, 2010 at 12:00 pm PT

Much has been written and said about the current economic downturn and the resulting lessons on how to run high-technology companies. Quite famously, Sequoia Capital, the premier venture capital firm in Silicon Valley, held a mandatory all-CEO meeting in fall 2008 during which it advised them to “Cut spending. Cut fat. Preserve capital.”

The One-Year Report Card of Yahoo's Carol Bartz–Deal-Making: Incomplete

Kara Swisher in News on January 25, 2010 at 9:24 am PT

Sorry for the break in grading Yahoo’s Carol Bartz on her one-year anniversary as CEO. But BoomTown was swanning around the Sundance Film Festival in Utah this weekend, went partying with those boozy Hollywood types and ended up in Provo with the crazy gals from “The Runaways”! I wish! Actually, running away from issuing any grade for deal-making for Bartz is a pretty good way to put it. Because today, after much thought, I have to give the Yahoo leader an incomplete for deal-making.

Apple Builds Massive Glass Jai-Alai Court in New York

John Paczkowski in News on November 12, 2009 at 12:16 pm PT

When it opens Nov. 14, Apple’s new Upper West Side store in Manhattan will be the company’s 280th worldwide, but it won’t be the newest store in the Apple empire for long. The company plans to open 40 to 50 more in 2010, some in locations like Shanghai, London and Paris. A few of these will be what Apple refers to as “significant stores,” outlets that are striking in both appearance and location.

Yahoo’s Bartz: Microsoft Deal Was “Very Clever”

Peter Kafka in Media on September 22, 2009 at 10:35 am PT

More from the post-Q&A Q&A: Yahoo CEO Carol Bartz says major investors like Gordon Crawford support her, and that she’s in the market for medium-sized M&A. Here’s what she had to say.

Google’s Revenue Slumps, but Cost-Cutting Pays Off

Peter Kafka in Media on April 16, 2009 at 1:19 pm PT

As predicted, Google saw its revenue decline from the last quarter of 2008 to the first three months of this year. The search giant said it generated net revenue of $4.07 billion, which is down from the 4.22 billion Google notched in the previous quarter, and it’s a tad shy of the $4.08 billion consensus. But investors are going to be pleased with the non-GAAP earnings number: $5.16 share, up from $5.10 per share in the previous quarter and way, way above the $4.90 per share consensus. Bottom line: Google has cut back on its expenditures and that’s boosted profits.