Alcatel-Lucent, the world’s largest maker of telecommunications equipment, won’t be quite so large come 2009. This morning the struggling Franco-American network supplier said it plans to sack 1,000 managers and 5,000 contractors in a bid to bring down costs. “The new management team is committed to rapidly executing this new strategy and leveraging the new streamlined organization,” CEO Ben Verwaayen said in a statement. We are focused on delivering results and restoring profitability.” This latest swing of the ax brings total job cuts at Alcatel-Lucent (ALU) to about 22,500 since the 2006 merger that created it. And though the company...
Filed under: Blu-ray After Home Media Magazine took a week off from analyzing the Nielsen VideoScan numbers -- probably due to the short week -- Blu-ray manages to finally do in the last week of November what it did during every week in October: gain double digit market share of the top 20 titles.This was mostly due to Hancock which managed over 14 percent of the market from its standard-def brother. The other big help was from old favorites like Transformers and the latest Indiana movie. In fact the only other new release this week that managed to make the...
I’ve been following Opera’s new releases quite closely, and whether it’s one of the mobile versions of the browser or the desktop Opera, one cannot say they aren’t active. The numbers, unfortunately, just aren’t on their side: regardless of having a great feature set and being very fast, the desktop version of Opera just isn’t gaining significant traction. Opera’s next big release, Opera 10, raises expectation merely by its round version number, and now there’s an alpha version for everyone to try out. The new Presto 2.2 engine should bring speedier browsing, and even better adherence to W3C standards. Furthermore,...
Oh dear, I think Apple’s legal department is getting paranoid. After suggesting that people taking their ad literally were irrational, they’re now suggesting that a shadowy unknown may be behind the whole Psystar drama. The suits and countersuits have been going on for months and months now (all I care about is that it works), and in an amendment to their suit today, Apple added the following language: On information and belief, persons other than Psystar are involved in Psystar’s unlawful and improper activities described in this Amended Complaint. The true names or capacities, whether individual, corporate, or otherwise,...