financial forecasts

financial forecasts

Nokia plans 10k job cuts, 3 top execs depart in shakeup

www.geekwire.com
Nokia CEO Stephen Elop Nokia this morning announced a major shakeup, acknowledging that “competitive industry dynamics” in the smartphone market are hurting its business more than previously expected. The company scaled back its financial forecasts, announced the departure of three top executives, and said it plans to reduce its workforce by up...
Nokia plans 10k job cuts, 3 top execs depart in shakeup

Let's Face It, RIM is a Total Disaster

allthingsd.com
Having consistently failed to meet its financial forecasts over the past year, Research In Motion has stopped providing them. Which is just as well, because Wall Street has clearly lost all faith in the company. To wit, Morgan Stanley’s brutal downgrade downgrade today of the BlackBerry maker in advance of...
Let's Face It, RIM is a Total Disaster

Sony formally quits Sharp LCD joint venture, takes back every yen it invested

www.engadget.com
After Sony cut off its supply of capital to the ill-fated Sakai production plant that it jointly owns with Sharp, it became clear that the final goodbye may be little more than a formality. And here it is, in the form of a cold, resolute press release stating that...
Sony formally quits Sharp LCD joint venture, takes back every yen it invested

Dell Strategically Reminding Everyone How Horrible It Is

www.techdirt.com
Cross-posted from There's been a lot of fun stuff in the news about Dell recently, in the run-up to tomorrow's end of the go-shop period on its LBO by Silver Lake and CEO Michael Dell. The Journal today kind of explained why: People working on potential challenges to the...
Dell Strategically Reminding Everyone How Horrible It Is

Politify shows you the financial impact of presidential candidates’ platforms to help you vote

thenextweb.com
How do you decide who to vote for? Politify wishes Americans would think about the financial impact of the candidates’ platforms – and decided to give them the tools to do so. Launched on February 26th, on time for the US presidential election period, politify.us/primaries is the first version of the site. Its purpose...
Politify shows you the financial impact of presidential candidates’ platforms to help you vote

Renewable energy: the chancellor is misguided to back a new dash for gas | Observer editorial

www.guardian.co.uk
Reliance on renewable power offers us independence on the issue of energyIt has become an axiom for the British right wing to claim that renewable energy will only work through the provision of vast subsidies. Stick to fossil fuels instead, runs the argument and we will maintain an economic power...
Renewable energy: the chancellor is misguided to back a new dash for gas | Observer editorial

SHAKE UP: Blackberry Loses Two More Top Execs (RIMM)

www.businessinsider.com
TORONTO (Reuters) - Blackberry maker Research In Motion Ltd is losing two more senior executives as the money-losing company embarks on a strategic overhaul that its new chief executive says could result in its sale. Alan Brenner, a senior vice president for the BlackBerry platform, will leave after a...
SHAKE UP: Blackberry Loses Two More Top Execs (RIMM)

Facebook Wins Ruling in Shareholder Case

allthingsd.com
Facebook Inc., facing multiple shareholder lawsuits related to its botched initial public offering, scored an initial legal victory when a federal judge in New York Wednesday dismissed a group of cases against the social networking company. Last year, several Facebook investors sued the company, arguing that Facebook — which had...
Facebook Wins Ruling in Shareholder Case

HTC names Benjamin Ho as new CMO, will focus on new "Marketing 2.0″ project starting January 2013

thenextweb.com
In an executive reshuffle, HTC announced today that it is to replace current chief marketing officer (CMO) John Wang with former VP of business strategy and marketing of Taiwanese operator FarEasTone Telecommunications and ex-CMO of Motorola, Benjamin Ho. In an emailed statement to The Next Web, HTC said Ho will be...
HTC names Benjamin Ho as new CMO, will focus on new "Marketing 2.0″ project starting January 2013
The severe Facebook revenue revisions that sent investors running
Startups: how to avoid death by enthusiasm

Facebook IPO raises questions for regulators; SEC, FINRA likely to investigate

www.insidefacebook.com
Regulators suggested today that they will review Facebook’s initial public offering following reports of the Nasdaq’s technical issues and possible violations by underwriters, according to Reuters and the Wall Street Journal. Securities and Exchange Commission Chairman Mary Schapiro and Financial Industry Regulatory Authority Chairman Rick Ketchum separately told the press...
Facebook IPO raises questions for regulators; SEC, FINRA likely to investigate

Netflix adds 3M subs, beats forecasts, stock craters

paidcontent.org
Netflix continued the expansion of its streaming business in the first quarter, adding nearly 3 million subscribers to a global base that now includes over 26 million customers. The company said 1.74 million subscribers were added in the U.S. alone during the first quarter, and it expects to meet its goal...
Netflix adds 3M subs, beats forecasts, stock craters
Netflix alters privacy policy as part of class action suit settlement

Grim Business: RIM Hit With Another Patent Suit

allthingsd.com
Add one more dark cloud to the list of woes troubling Research In Motion. On Tuesday afternoon, NXP Semiconductors NV filed suit against RIM, alleging certain models of its BlackBerry smartphone and PlayBook tablet infringe on its patents. Filed in U.S. District Court in Orlando, Florida, the city in which...
Grim Business: RIM Hit With Another Patent Suit

BBC warned of problems with failed Digital Media Initiative three years ago

www.guardian.co.uk
Whistleblower alerted management in 2010 to concerns about project that was axed after wasting nearly £100mBBC managers were warned three years ago that there were problems with the failed Digital Media Initiative (DMI), recently axed by director general Tony Hall after wasting almost £100m of licence fee money.A whistleblower alerted...
BBC warned of problems with failed Digital Media Initiative three years ago
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