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Economic Downturn

Conversations tagged with 'economic downturn'

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Moopz Newz shared a link
December 14, 2008 7:37 PM - Sign in to comment - Link
Google Image Search: Now with Text Ads. Ugh.Much has been made of Google’s willingness - and now need considering the economic downturn - to monetize Google Images search. Google has even suggested that it may mean an incremental $200 million. But they’ve been cautious to add AdWords to Image search - perhaps because it is a difficult balance between matching user intent and relevancy…. Until today - the first day I noticed prominent ads within image search. I don’t believe that this implementation is effective - and certainly not capable of generating $200m. The trouble is that it does a poor job of matching ads with what...
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Leo Laporte bookmarked a page on del.icio.us
December 14, 2008 9:54 AM - Sign in to comment - Link
"We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just going to invest our way through the downturn, that we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place -- the last thing we were going to do is lay them off. And we were going to keep funding. In fact we were going to up our R&D budget so that we would be ahead of our competitors when the downturn was over. And that's exactly what we did. And it worked. And that's exactly what we'll do this time." - Leo Laporte
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December 12, 2008 1:37 PM - Sign in to comment - Link
Thomas DeLorenzo: Universal Health Care and the New America -- Where is my Year End Bonus for Just Surviving — Universal Health Care and the New America Where Is My End of Year Bonus For Just Surviving? As I begin this entry, I am perplexed and overwhelmed. How did things get so very out of hand and, yet, at times, seem so very uncorrectable? How did our leaders go so very, very far astray, as if they had the government on some kind of autopilot button? We are left with this country in shambles, and yet the culprits get to run away, albeit legally and, sometimes, with our blessings, holding all of our loot. More than ten percent of the...
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December 12, 2008 5:35 AM - Sign in to comment - Link
New From Activision: Guitar Hero III–World Recession [Digital Daily]In a month when some 533,000 jobs were lost nationwide, Americans bought an astonishing amount of videogame paraphernalia–$2.91 billion worth, according to market research outfit NPD Group. That’s a 10 percent increase over November 2007. Shipments of Nintendo’s Wii for the month totaled 2.04 million, while those of Microsoft’s (MSFT) Xbox came in at 836,000. Sony’s (SNE) PlayStation 3 ranked a distant third, with shipments of just 378,000 units. Said NPD analyst Anita Frazier, “With $16 billion realized for the year so far through November, the industry is still on pace to achieve total year revenue of $22 billion in...
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December 11, 2008 10:59 AM - Sign in to comment - Link
Monster Too Scary: Barclays Launches At “Underweight”Monster Worldwide (MWW) shares are trading lower this morning, after Barclays Capital analyst Craig Huber launched coverage of the online jobs listings company with an Underweight rating and a $7 price target, way below yesterday’s closing level of $11.84. He expects the company to report profits of 21 cents a share for the fourth quarter and $1.26 for the full year, but sees a loss for 2009 of 10 cents a share: that is quite a contrast with the Street consensus, which sees profits of 32 cents for the quarter, $1.36 for the year and 98 cents for 2009. “Monster’s...
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December 10, 2008 10:58 AM - Sign in to comment - Link
Heads begin to roll at YahooAs a bookend to a tumultuous year, Yahoo has begun handing out pink slips to about 1,500 employees, acting on an earlier announcement that it would cut at least 10 percent of its staff before year's end.The "at least" part of the announcement had left open the question of how many people would be let go, but Yahoo confirmed Wednesday that it will be a 10 percent reduction of its about 15,000 employees.[ Yahoo's tumultuous year was dominated by the saga of Microsoft's attempts to purchase the company. ]"Better aligning costs with revenues now and in the future is an essential part...
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December 9, 2008 3:33 AM - Sign in to comment - Link
Sony to Cut 8,000 Jobs Amid Global DownturnSeveral bellwethers of world industrial activity -- from chemical companies to the makers of basic consumer goods and electronics -- announced new layoffs and factory closings yesterday and this morning as they prepared for a prolonged economic downturn....
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December 7, 2008 12:30 PM - Sign in to comment - Link
Andy Posner: A Financing Mechanism Powerful Enough to Catalyze the Green EconomyDespite the recent (and undoubtedly temporary) drop in energy prices, the fact remains that because of the economic downturn and an aging housing stock, many families will struggle to heat their homes this winter. At the same time, the need to create jobs, stimulate the economy, create sound investment opportunities and drastically reduce greenhouse gas emissions has never been greater. There is no silver bullet for solving all these challenges, but an innovative financing mechanism for renewable energy and energy efficiency could go a long way toward putting the country on the right track. Here's how it works. Homeowners Need...
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December 6, 2008 9:00 AM - Sign in to comment - Link
Survival is Competitive DifferentiationWe’ve read a few articles lately claiming that survival is not a strategy. The arguments in Anand Rajaraman’s article on GigaOM last month are sound, and if we understand them correctly include not prolonging a business that will never likely “win” or be healthy or have an exit resulting in wealth creation for the shareholders. It’s hard, or more appropriately put, impossible to argue with that logic. A quick death of a company that would otherwise die is a good thing for shareholders and employees. That said, we think it is very hard in these times to look into a...
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December 6, 2008 4:30 AM - Sign in to comment - Link
Sanyo Internet Radio R227 makes a splashSanyo was the pioneer when it came to releasing one of the first transistor radios in the world over five decades ago, and you know that the company is forward looking if it is still around today. This time, Sanyo has updated their transistor radio with a modern twist - it comes with Internet radio capability, packaged in a design that looks contemporary and yet features the comfortable and familiar functionality of a clock radio. It also boasts the sound quality of a much more expensive audio system (according to Sanyo anyways - audiophiles might beg to differ in this...
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December 5, 2008 12:00 AM - Sign in to comment - Link
A Winning Web Formula [Voices]By Kate Greene, Contributing Writer, MIT Technology Review As online advertising money starts shrinking in the economic downturn, some researchers are looking for ways to make the most of every single dollar. Recent research from HP Labs in Palo Alto, CA, shows that it’s possible to predict, with reasonable accuracy, how popular an online video clip or news story will become simply by looking at how well it does within the first few hours of being posted. If content providers can predict how many views a video or article will get over a set period, then they can match the...
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December 4, 2008 3:40 PM - Sign in to comment - Link
IAC Hoarding Cash, Thinking About Acquisitions (IACI)Earlier this week, MySpace CEO Chris DeWolfe said he thought the economic downturn would give his company the chance to acquire companies -- and cheap. Today it was IAC (IACI) CEO Barry Diller's turn to say the same thing. Diller told Reuters Media Summit attendees that IAC would have $2.2 billion in cash by March, and it's a good chance to add new properties to his empire. Reuters: "This downturn is going to present opportunities if you're in the position that we're in," he said, citing entertainment, media and search as areas of interest."In entertainment and media, I think there's...
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December 4, 2008 1:54 PM - Sign in to comment - Link
RealNetworks Lays Off 7.5 Percent Of Its Staff, About 130 JobsRealNetworks (NSDQ: RNWK) is laying off roughly 7.5 percent of its staff, about 130 people across the company, and cutting 30 contract positions and consultants, the Seattle-based company announced in an SEC filing this afternoon. From the brief filing (the legal mumbo jumbo is longer than the text):  "The Company eliminated the foregoing positions to reduce operating costs in light of slowing consumer and business spending due to the current economic downturn. Notwithstanding the reduction in force, the Company expects to achieve record revenue for full year 2008." The filing confirmed an earlier report by CNET News. From the company...
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December 4, 2008 10:46 AM - Sign in to comment - Link
Job Cuts Picking Up Steam Just in Time for HolidaysThese will be decidedly unhappy holidays for hundreds of thousands of workers who won't have jobs thanks to the steep economic downturn and the financial crisisJobless Claims Remain High Where the Job Losses Are...
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December 4, 2008 10:14 AM - Sign in to comment - Link
Economy, Drug Wars Hurt Cross-Border BusinessEl Paso, Texas, and Ciudad Juarez in Mexico are economically tightly intertwined. The economic downturn in the U.S. is hurting the hundreds of assembly plants just across the border as a raging drug war that's killed some 1,400 people in Juarez this year is squashing tourism.» E-Mail This     » Add to Del.icio.us...
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December 4, 2008 1:34 AM - Sign in to comment - Link
Oracle: Street Trimming Numbers Ahead Of FY Q2 ReportFor investors in Oracle, the debate boils down to this: is the company’s huge maintenance stream enough to distract you from what will likely be crumbling new license growth for the next couple of quarters? In a sense, the same question applies to most enterprise software companies. The Street finds some appeal in these stocks for their maintenance revenue streams: companies, governments and non-profits that rely on the applications and database software that Oracle produces are not likely to yanking out their systems in response to an economic downturn. Ergo, they will likely keep re-upping their maintenance contracts. But on...
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December 4, 2008 1:30 AM - Sign in to comment - Link
Online Christmas retail is far from freezing this year Any notion that Christmas will be cancelled this year has been greatly exaggerated, according to the 14th Annual Christmas Retail Survey from Deloitte. The global auditor and advisory firm reports that for most of the UK population, the economic downturn will not be getting in the way of Christmas, with 57% of  consumers saying that they plan to spend the same amounts as they did last year....
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December 3, 2008 10:45 PM - Sign in to comment - Link
Marcia G. Yerman: Beyond Thanksgiving - Feeding the Hungry in New York City — With the September collapse on Wall Street, New Yorkers are feeling more anxious than usual. Trying to make it in an expensive city where a month's rent could buy food, shelter, and a trip to the movies in another town -- life has become more stressful than ever. In an urban center of extremes where the haves and have-nots are acutely aware of each other, this fall's economic downturn has created a definitive shift. The conversations focus on how lifestyles have been impacted, who lost what in the market, how retirement and college funds have been decimated, and the number...
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December 3, 2008 5:00 PM - Sign in to comment - Link
Adobe Says It Will Cut 600 Jobs, Lowers Revenue Guidance — Adobe, hit by the global economic downturn, said it will cut 600 jobs and lowered its revenue expectations for the fourth......
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