Yahoo Inc. posted drops in revenue and profit in new Chief Executive Carol Bartz’s first quarter on the job, and announced plans to cut about 675 workers from its payroll, as the tech industry showed signs of continued economic battering. Although Yahoo met analysts’ estimates, its revenue fell to $1.58 billion for the first three […]
Month: April 2009
Hulu Goes Old School, Loves Living Room TV: Los Angeles Times, April 2009
For an online video company, Hulu believes in the power of television. Naturally it loves television content – putting those shows online is a big part of Hulu’s raison d’etre, and its founding investors include News Corp. and NBC Universal. But Hulu loves TVads as well. “Television works really well,” Hulu Chief Executive Jason Kilar said in a speech […]
City Editor Payne Peterson Left Her Mark on the Journal: The Ithaca Journal, April 2009
As society bemoans the troubled state of the newspaper, struggling to survive in the Internet age, it’s worth pondering what once made newspapers so vital to civic life. In my belief, it was journalists like Payne Peterson.Twenty years ago, Payne, who died April 5 after years of living with multiple sclerosis, ruled the newsroom of […]
Google’s Growth Slows in First Quarter Amid Recession: Los Angeles Times, April 2009
The nation’s economic ills have infected even the Internet moneymaking juggernaut Google Inc., which Thursday reported slowing revenue growth and an increase in profit aided by sharp cost-cutting. “No company is immune,” Chief Executive Eric Schmidt said in announcing the company’s first-ever quarter-to-quarter drop in sales. In an interview, he added, “There are people who […]
Skype Founders May Try to Buy Service Back From EBay: Los Angeles Times, April 2009
Original article If the Skype founders succeed in buying back the Internet calling service from EBay Inc., it would dissolve a marriage that made little sense to customers or investors. EBay bought Skype from Scandinavian entrepreneurs Niklas Zennstrom and Janus Friis in 2005 for more than $3.1 billion. The pair are reportedly seeking private equity […]
Skype Founders May Try to By Service Back From EBay: Los Angeles Times, April 2009
If the Skype founders succeed in buying back the Internet calling service from EBay Inc., it would dissolve a marriage that made little sense to customers or investors. EBay bought Skype from Scandinavian entrepreneurs Niklas Zennstrom and Janus Friis in 2005 for more than $3.1 billion. The pair are reportedly seeking private equity partners to […]