John Paczkowski in News on February 10, 2011 at 6:45 am PT
Good news for long-suffering Sprint Nextel investors: Customer retention has finally improved to the point where the carrier is able to report actual gains in postpaid subscribers, rather than losses.
Dan Gallagher, Reporter, MarketWatch in News on February 9, 2011 at 1:40 pm PT
Activision Blizzard on Wednesday posted narrower quarterly losses on the back of better-than-expected sales of blockbuster video games like Call of Duty: Black Ops and the latest from its World of Warcraft franchise. However, the company’s shares slid more than 6 percent after-hours after it issued a forecast for the current quarter and fiscal year that were both sharply lower than Wall Street’s expectations.
John Paczkowski in News on February 4, 2011 at 8:41 am PT
Some additional perspective on Nokia’s massive mobile R&D spend and a point of comparison for its market return. Extrapolating from Bernstein Research data that estimates Nokia spent $3.9 billion on mobile research and development, Asymco’s Horace Dediu has calculated Apple’s mobile R&D spend, and there’s an astonishingly wide gulf between the two.
John Paczkowski in News on February 3, 2011 at 4:10 am PT
Nokia spent scads of cash on research and development last year, but didn’t see much return on it. Certainly, the investment did little to slow the continuing deterioration of its competitive position.
Peter Kafka in Media on January 31, 2011 at 4:43 am PT
One buyer, three exits: KIT Digital, which helps big companies manage Web video delivery, has picked up three start-ups for a total of $77 million.
Roger Cheng, Reporter, The Wall Street Journal in News on January 13, 2011 at 2:28 pm PT
AT&T Inc. will take a pretax charge of about $2.7 billion in the fourth quarter in a move to simplify how it accounts for pension and other post-retirement benefits.
Liz Gannes in Social on December 31, 2010 at 1:34 am PT
Myspace–the long-troubled social networking site turned social entertainment hub–is in the midst of planning that could soon result in significant layoffs of its staff, according to multiple sources.
The cost-cutting comes against a backdrop of a possible sale of the News Corp.-owned unit.
Arik Hesseldahl in Enterprise on December 9, 2010 at 7:00 am PT
The TechAmerica Foundation’s annual Cybercities report covering the state of America’s local technology job markets for 2009 (the most recent data available) paints–as you might expect–a depressing picture in all but a few of the markets surveyed.
John Paczkowski in News on November 9, 2010 at 8:02 am PT
Whatever points SAP managed to score in its high-stakes legal battle with Oracle Monday–by introducing an email from Oracle President Safra Catz suggesting the company had not lost any large customers to its German competitor after it bought TomorrowNow–dropped off the board when Catz finally took the stand herself.
John Paczkowski in News on November 9, 2010 at 3:06 am PT
Oracle is still on the hunt for former SAP chief and current HP CEO Léo Apotheker, but it hasn’t enlisted private investigators to track him down. Sources in a position to know tell me that the PIs rumored to be searching for Apotheker are actually PSs–process servers, agents charged with delivering subpoenas to their intended recipient.
