Sony Fesses Up, Slashes Its Dividend, Too

Dividend cuts are like gigantic write-downs that swept through the corporate world last fall and early this winter: The first few seem like a big deal. But by the end of the run, no one raises an eyebrow. So Sony’s announcement that it will cut its dividend by a mere 15 percent is a real yawner.
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Weekend Update, 1.24.09

The week just passed melded Inauguration week and the first week of earnings reports into one giant package filled with exuberance and resignation. Conventional wisdom says to start with the bad news and end with the good news, but that’s not how it went down: It started high with the momentum and promise of change embodied by Barack Obama’s inauguration as the 44th President of the United States and ended low with some heavy hitters feeling the pain of the downturn.

Weekend Update 1.11.09

There’s got to be a joke somewhere in the fact that Macworld, the Consumer Electronics Show and the AVN Awards (the “Pornies”) all happen during the same week. Maybe even one that hasn’t been played out 10 times over. All Things Digital was too busy covering two out of three this week to think of one.

This Week in Tech: A Dull CES, but (Gasp!) an Even Duller Macworld!

BoomTown is not saying it’s going to be like watching grass grow. But 2009 is not exactly getting off to a rousing start this week–with two underwhelming blockbuster tech events taking place that already have more of an air of whimper than of bang to them. That would be the Consumer Electronics Show, the annual egregious gadgetfest in Las Vegas, and the final appearance by Apple at Macworld. Of course, while CES tries to fend off the spate of no-one-is-going-to-CES stories–well, I am!–the absence of his digital Holiness and Apple CEO Steve Jobs at Macworld has really generated most of the glumness.