payroll

Why ADP Is the Biggest Cloud Company You’ve Never Heard Of

Arik Hesseldahl in Enterprise on October 2, 2011 at 6:00 pm PT

Before people even called it cloud computing, ADP was processing paychecks in the cloud. Now it’s doubling down with a single cloud-based service for payroll and other everyday business needs.

Boxee Goes Hunting for Big Bucks

Peter Kafka in Media on November 8, 2010 at 4:00 am PT

Boxee hits a big milestone this week, when its very own Boxee Box hits the market. But that won’t help the start-up pay its growing staff, which is why Avner Ronen is out raising a big round.

Voices

Firms Jockey for Space in Services

Justin Scheck in News on April 7, 2010 at 5:00 am PT

Hewlett-Packard Co., Dell Inc. and Xerox Corp. are seeking new profits in the technology-services industry. But those companies face a major challenge: While competition is intensifying, their corporate clients are spending less on new deals.

AOL’s Golden Parachutes: $28.4 Million for Four Former Executives

Peter Kafka in Media on March 16, 2010 at 5:45 am PT

Want to make money? Become a former AOL executive. The Web publisher paid out $28.4 million in cash and stock to four top executives it replaced last year. It will pay some of them millions more this year.

AOL Automates Its Story Factory. Does That Kill an Associated Content Deal?

Peter Kafka in Media on November 30, 2009 at 4:45 am PT

AOL is cutting its payroll by one-third. Now comes its plan to make the remaining employees more productive: New technology that assigns and even edits stories automatically. That sounds an awful lot like Associated Content, a start-up that AOL CEO Tim Armstrong invested in–and considered buying–earlier this year.

AOL: We Need to Fire 2,500 “Volunteers”

Peter Kafka in Media on November 19, 2009 at 5:08 am PT

AOL, which has already told investors it will spend up to $200 million firing a good chunk of its staff, has now told employees. The company is looking for “up to 2,500 volunteers,” CEO Tim Armstrong told his staff today. That’s a third of AOL’s payroll.

Done Deal: MySpace Buys Imeem for Up to $10 Million

Peter Kafka in Media on November 18, 2009 at 7:12 pm PT

It’s official: MySpace has closed on its acquisition of Imeem, the streaming music service. It is paying a fire-sale price of $1 million, sources familiar with the situation tell me, and could pay up to $7 million to $9 million in earn-outs for key employees, who will likely include CEO Dalton Caldwell. Investors like Sequoia and Warner Music Group had pumped at least $25 million into the venture.

Whoops! Are Reports of the Ad Recovery Greatly Exaggerated?

Peter Kafka in Media on October 28, 2009 at 7:55 pm PT

Here’s the counterpoint to Publicis’s mildly optimistic take on the ad market yesterday: Rival ad-holding company Interpublic Group’s report, which is mildly pessimistic. But the takeaway is the same: If things get better, anyone who’s not Google won’t see much real sign of it until next year.

New York Times Delivers Some Not Terrible News: Earnings, Ad Sales Better Than Expected

Peter Kafka in Media on October 22, 2009 at 5:05 am PT

The New York Times announced plans to cut eight percent of its newsroom payroll this week, citing “economic thunderstorms,” which suggested that this morning’s earnings results were going to be particularly unpleasant. Surprise! They’re not that awful, at least by the diminished standards of the newspaper industry.