hammer

eBay’s John Donahoe Literally Starts Hammering Out the Plan for Mobile Payments

Tricia Duryee in Commerce on January 19 at 6:00 am PT

In an interview, eBay’s CEO provides a few details about the company’s mobile payments trial with Home Depot, and how it would expand from five to 51 stores across the country over the next week.

Massive AOL Layoffs? Not Imminent–But Top-to-Bottom Cost Exam Definitely in Process.

Kara Swisher in News on August 14, 2009 at 1:35 am PT

After a while–in a BoomTown mangling of the old cliché–if you are a nail, everything begins to look like a hammer. So, it is probably inevitable that the next thing for much-beleaguered AOL staffers to start rumbling about is 2,000 people getting laid off next week. After all, the Time Warner unit has a long history of whacking employees. So, it is easier to assume things will not be different under the regime of the latest CEO, Tim Armstrong. Except it’s not actually true that such massive cuts are in the offing, since–as many sources I spoke to said–Armstrong is in the early part of figuring out what to do about the cost structure of AOL, after laying out a company strategy and rejiggering management.