Amazon Sees No Reason to Slow Its Spending

Amazon defended its free-spending habits yesterday in a call with analysts, arguing that it continues to see new opportunities and will invest accordingly.
jeff bezos amazon

Ad Sales, Pay Walls, and Absolutely Nothing About iPads at the New York Times Earnings Call

The New York Times said things got better–or, if you like, no worse–during the last quarter of 2009. But investors are disappointed that the publisher isn’t more optimistic about 2010, and they’re pushing shares down this morning. Let’s see if the paper’s executives can turn that around during their earnings call.

Cisco Adding a Few Thousand More Hires to “Human Network”

Well, this is encouraging. Cisco Systems, which on Wednesday reported a dramatic year-over-year jump in sales and profit, is hiring up. The company increased its global workforce by about 2,100 in its second quarter. And it plans to add between 2,000 and 3,000 employees in the third and fourth.

CES Attendance Up

The International Consumer Electronics Show didn’t break any attendance records this year, but it did post a slight increase in visitors–which is something in a down economy.
cessign

Microsoft Sacks 800 [UPDATED]

“We are mostly but not all done” with layoffs. So said Microsoft CEO Steve Ballmer in May at the start of a second round of cuts that claimed the livelihoods of some 3,000 employees. Now, six months later, the company is finishing the job. Sources tell TechFlash that Microsoft will make additional job reductions this week–beginning as early as today.
LAYOFFS_BOBS_THUMB

The New York Times Explains the Ad Market: Banks Bail, and So Does Hollywood. But Big Pharma Steps Up, and “Modest” Improvement Coming

The publisher delivered a pleasant earnings surprise yesterday by cutting costs. Now it’s hoping for a revenue bump, if advertisers will play along.
light-tunnel

What Was It Oracle Wants With Sun, Again? Redux.

Oracle’s pending acquisition of Sun will undoubtedly be the subject of much discussion this afternoon when the database behemoth reports fiscal first-quarter earnings after the market close. Indeed, there’s quite a bit of jawing about it already, particularly about Oracle’s continued commitment to the deal in light of the ugly decline in Sun’s revenues and profitability since it was announced in April.
java

Waiting for the Economy to Bounce Back? So Is Google.

Waiting for the economy to come roaring back? So is Google. The search giant had a decent quarter, but not one that’s going to blow away Wall Street or convince anyone that the economy is roaring back. But it’s an okay performance for a media company in a recession.

Q1 Mobile Phone Shipments Frankly Just Awful

The econalypse is playing hell with the mobile phone market. Handset vendors world-wide shipped 244.8 million units in the first quarter of 2009, 15.8 percent fewer than the 290.8 million units shipped during the same quarter in 2008.
wile_coyote

Q1 Mobile Phone Shipments Frankly Just Awful

The econalypse is playing hell with the mobile phone market. Handset vendors world-wide shipped 244.8 million units in the first quarter of 2009, 15.8 percent fewer than the 290.8 million units shipped during the same quarter in 2008.
wile_coyote

Cut, Cut, Cutting, Cut

AT&T Announces Q4 Morale Reduction

AT&T Announces Q4 Morale Reduction