Proposed Spectrum Auction Could Net $36 Billion, Study Finds

President Obama’s proposal to auction wireless spectrum currently held by TV broadcasters could bring in much more than the $28 billion he said it would, a study by the wireless industry has found.

Nokia Stops Christmas From Coming

A colder, more brutal winter than usual for Nokia’s Finnish workforce. The company is sacking 800 employees in its home market.

Condé’s Cuts Come to Vogue

As expected, Condé Nast executives are swinging the layoff ax around the fabled magazine publisher. Today’s cuts are at Vogue, where I’m told at least six people have been let go from one of the company’s best-known titles. There will be more to come from the publisher, which shut down four magazines last week and is trying to bring down costs at its remaining titles by 25 percent.
conde-nast-building

Kindle Now Only $299 More Than iPhone Kindle App

Amazon hasn’t said how many Kindles it has sold since launching the device in 2007, but it may soon be selling quite a few more of them. The company today dropped the price of the six-inch Kindle to $299–$60 off of its previous price. That’s certainly not a dramatic reduction, but it may be enough to drive consumers who’ve held off on purchasing the device to reconsider.
kindle2

Tech Job Cuts Upgraded to "Appalling" from "Gruesome"

The first three months of 2009 were brutal ones for the high-tech industry–from a job loss perspective, the worst in seven years. Challenger, Gray & Christmas on Monday said high-tech companies sacked some 84,217 employees in the first quarter, a 27 percent increase over the previous quarter and the steepest reduction the firm has seen since the Great Dark Time of 2002.
rescuesociety

Tech Job Cuts Upgraded to “Appalling” from “Gruesome”

The first three months of 2009 were brutal ones for the high-tech industry–from a job loss perspective, the worst in seven years. Challenger, Gray & Christmas on Monday said high-tech companies sacked some 84,217 employees in the first quarter, a 27 percent increase over the previous quarter and the steepest reduction the firm has seen since the Great Dark Time of 2002.
rescuesociety

Swedish File-Sharers Mull VPN (Virtual Pirate Network)

If Sweden’s Intellectual Property Rights Enforcement Directive was crafted to scare the hell out of the country’s Internet population, it seems to have had the desired affect. Swedish Internet traffic dropped by a third on Wednesday after the law, which allows copyright holders to force ISPs to divulge the IP addresses of computers sharing copyrighted material, was implemented.
piratecassette

Report: Microsoft May or May Not Announce Layoffs

With the economy continuing to sour and consumer tech spending slowing, speculation is running rampant that Microsoft may soon join the sad conga line of tech companies announcing layoffs. According to an unsubstantiated, poorly sourced report currently making the rounds, Redmond is steeling itself for a massive staff reduction.

Newest Unpleasant Ad Numbers: Mortgage Ads Down 62 Percent

It’s no surprise that financial advertising has slowed down in the first three quarters of 2008. The surprise is that it’s only been a 10 percent reduction, according to Nielsen. But next year will be worse, of course.