Items tagged with jobs

Can you spell "SEC investigation?"  There is definitely going to be one after this.  A post at CNN's new social news site, iReport, resulted in Apple stock plummeting this morning, when it was rumored that Steve Jobs had suffered a heart attack.  iReport allows users to post unvetted stories, which then --- after vetting, may... Read more...
If you had read a Bloomberg story that floated across the wires at 4:27 PM yesterday, your heart might have stopped, and you might have rushed to sell your Apple stock.  But no, it was all a mistake, and quickly retracted.  The retraction was rather terse, though, saying only "An incomplete story referencing Apple Inc. was inadvertently... Read more...
It was a little, tiny, tiny addendum at the end of a WSJ article, but it was there: in an interview with the WSJ, Steve Jobs confirmed that the suspected iPhone "kill switch" does indeed exist.  Of course, for investors, talk of the App Store downloads are probably more exciting, and Jobs detailed that as well:If sales stay at the current... Read more...
Since last Tuesday, we've sat on the sidelines as others have questioned Apple's openness about Steve Jobs and discussed the terse answer Peter Oppenheimer, Apple's CFO gave to Ben Reitzes (Lehman Brothers) when asked about Steve Jobs' health. "Ben, Steve loves Apple. He serves as the CEO at the pleasure of Apple's board and has no plans to... Read more...
Fake Steve Jobs, AKA Daniel Lyons, who was outed last year by the New York Times when his book was about to launch (hard to keep hiding under those circumstances), has decided to leave his real job with Forbes for a new real job with Newsweek.Forbes editor Dan Lyons, best known to most of you as Fake Steve Jobs, is leaving his employer after... Read more...
I don't know which I dread accidentally clicking on more: A PDF link (Adobe) or a Quicktime video (Apple). But unless you live under a rock, you're looking at Flash video every day on the Internet. Steve Jobs doesn't seem to be; he's publicly  announced that Flash is unsuitable for the iPhone in any of its current iterations. Adobe countered... Read more...
Garmin's backing into the cellphone business in a big way. They've already got the GPS navigation thing down pat, so why not add voice, websurfing, MP3 playback, a camera, and a touchscreen to their devices, and save customers from lugging two, three or four items around instead of one?  Meet the Nuvifone.The Nuvifone includes two features... Read more...
In their biggest reduction in employee base since the dot com bust, Yahoo is planning to cut 1000 jobs in an effort to streamline their operations.“The Sunnyvale-based company announced the upcoming 7 percent reduction in its 14,300-employee work force during a Tuesday conference call to review a 23 percent decline in its fourth-quarter profit.”There's... Read more...
There is an unwritten law of the tech world that states as MacWorld approaches industry buzz increases exponentially.  As MacWorld is almost upon us, we're forced to wonder whether or not Steve Jobs has enough up his sleeve to outdo the announcements made in MW '07.“At last year's trade show, Apple Inc.'s charismatic CEO hurtled into... Read more...
Just kidding. But his box spring is probably made from gold bars. Maybe not. But one thing's for sure: Apple is swimming in cash. $15 billion in cash, to be precise. You'd have to be crazy to think that won't grow a lot with Christmas right around the corner. Unlike companies like Microsoft, Apple doesn't pay a dividend to their stockholders,... Read more...
The digital grassy knoll set's collective head is about to explode. Apple is collecting iPhone usage data, linked to the user's specific personal information. Apple gathers that personal information when you sign up for an iPhone, and may be doing  something or nothing with it after associating it with your usage data. People's opinions... Read more...
Though we now know the identity of the fake Steve Jobs who kept us entertained with his blog, and thus the mystery is over, the story is not.  The author of “oPtion$: The Secret Life of Steve Jobs”, Dan Lyons, is planning on going on tour.Before you ask, we'll answer for you: Yes, the fake Steve Jobs is going on a real book tour.“Lyons... Read more...
Researchers at SecureWorks have found a massive cache of sensitive data from over 46,000 victims of a Prg Trojan variant.  What's odd about this particular case is that not only did they find lots of private data, but where the data came from. “Experts at the Atlanta-based security company said the information includes bank and credit card... Read more...
While Gordon Gekko (from the movie Wall Street) might have argued that greed is good, excessive amounts of it aren’t always conducive to effective business relationships.Enter Steve Jobs and Sony CEO Howard Stringer.  Both of them are running corporations that sell music, and it appears that friction has developed as a result.  Jobs called... Read more...
Bill Gates and Steve Jobs.  Those two names are icons in our industry and have been referred to as anything from nearly symbiotic to oil and water.  So what happens when the two of them sit down in the same room for a conference?  A mutual admiration society is formed: "Both opened their portion of the event by praising each other's work.... Read more...
Technology Review has a fascinating analysis of the institutional attitude at Apple that generates products that win awards for design and become industry icons. It seems to begin and end with Steve Jobs' absolute commitment to sleek design and limited, intuitive functionality. One direct result of that sharpened focus is Apple's... Read more...
DailyTech is reporting that Circuit City is cutting back its workforce by about 3400 "overpaid" workers.  Employees terminated in these cutbacks will get four weeks severance pay plus they can reapply for their old jobs at a lower wage after 10 weeks.  Hopefully this won't have a negative impact on the level of customer... Read more...
With all the positive talk of the AMD acquisition of ATI, there has to be a downfall.  The Inquirer is reporting that about 1200 jobs will be cut from ATI and approximately 800 from AMD.  The report states that the majority of the ATI cuts will be coming from the now defunct All In Wonder division. The numbers we hear back up the... Read more...
In a time where job layoffs in the tech industry make the headlines, it's always good to see a company adding to its workforce. Dell will be looking to hire new software and mechanical engineers, as well as program managers, for its Texas building. "Michael Dell declined to comment on last week's announcement that the company had received... Read more...
We have heard the stories and medical reports of how stress can lead to everything from stomach ulcers to death.  WYTV ABC 33 out of Youngstown, OH pulled together a report that details the top 10 stressful careers to be in.   IT experts are more likely to suffer from stress... Read more...
Intel could be announcing a cut in up to 10% of its work force as early as next Tuesday. The cut could be a result of a few disappointing financial quarters, and is likely to affect those who work in the marketing department. Intel's reason is that the marketing personnel to salesperson ratio is disproportionate to its competitors.... Read more...
AOL has been going through quite a few changes recently. In July, AOL announced a drastic change in their service by offering its services free of charge to broadband users. Today we learn that AOL will also be offering 5GB of free file storage, but will also be cutting around 5,000 jobs in the next six months. AOL currently has a global... Read more...
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