Archive for April 3rd, 2008

Ouch.

Motorola took another hit Thursday in announcing, through a filing with the Securities and Exchange Commission, that it will lay off 2,600 employees. As a result, it will take a $104 million pretax charge in the first quarter of the year for severance costs.

Motorola logo (Credit: Motorola)

The $104 …

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Companies bidding in the Federal Communications Commission’s 700MHz spectrum auction are starting to speak.

The gag order that silenced those participating in the FCC’s auction that ended last month was lifted late Thursday. Now companies are free to discuss their plans and strategies for bidding in the auction….

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Handipoints screenshot(Credit: Handipoints)

For parents, enticing children to do their chores is often about making deals–a trade of sorts, like taking out the trash for extra time watching TV.

For George Zachary and his 10-year-old stepdaughter, that real-world exchange happens on the web through a site called Handipoints, a digital chore-list manager for …

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Craigslist could see revenue of more than $80 million this year, which would be a 47 percent rise from an estimated $55 million for 2007, according to projections in a new report from consultancy Classified Intelligence.

(Credit: Classified Intelligence)

The popular mostly free online classifieds site could easily double that …

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The Vikings sailed in small open wooden ships to discover America long before Columbus. Their 21th century counterparts, the Silicon Vikings, like business class when they travel the Atlantic.

The $2.6 billion acquisition of the Swedish IP phone company Skype by eBay in 2005 and Sun Microsystems’ current buy …

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Yahoo CEO Jerry Yang cracks a smile while chatting with reporters after a speech Thursday at Georgetown University.

(Credit: Anne Broache/CNET News.com)

WASHINGTON–The last time Yahoo co-founder Jerry Yang was called from Silicon Valley to the nation’s capital, politicians lambasted him as a moral “pygmy” and subjected …

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Envision digital music without Apple as the marquee act.

That’s what the music labels want. For years, they’ve wished for a legitimate challenger to wrest away some of the bargaining power Apple has wielded as the No. 1 on the internet music seller. So, here we go again: it’s …

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Google states it participated in the current wireless spectrum auction not with the goal to win, but to help drive bidding high enough to ensure that open-access rules it had pushed for would be adopted.

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Yardbarker, a social network for athletes and their fans, has joined the pack of new venture-funded sports sites.

The Emeryville, Calif.-based Yardbarker (old slang for a home run) stated this week that it raised $5 million from Draper Fisher Jurvetson and a group of its early angel investors. In …

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He’s one of the fathers of the new economic growth theory, and he’s been on the short list for a Nobel price in economics. He’s founded companies, including on the internet teaching firm Aplia.

Now, Professor Paul Romer of Stanford University’s Graduate School of Business is leaving the …

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