Technology

Steve Jobs out 'til summer
SILICON VALLEY
Staying away from San Jose
This office tower sits vacant in the "capital of Silicon Valley" because its owner, Oracle — with headquarters 30 miles away — has
little interest in occupying the building
and even has pulled it off the market.
• Right property for wrong time
Ten days after announcing he had a "hormone imbalance," iconic Apple executive says his "health-related issues" continue to be a distraction" and "are more complex."
• Has Jobs been in denial? (First Take)
• Read the email to Apple employees
• Public face of the company

More static from Motorola
Maker of hard-disk drives will cut about 6% of its worldwide workforce and lower the salaries of executives by as much as 25%.
• Seagate to lay off almost 3,000 and lower exec salaries by 25%
 • Canada's Nortel Networks files for Chapter 11 bankruptcy protection

 
Commentary
TECH TALES
 If CES doesn't dazzle, there's AVN show
So-called adult entertainment has to deal with economic slowdown and disruptive technology too, writes Therese Poletti.
 

 
SECOND OPINION
Will the Pre be
enough for Palm?
John Dvorak sees two winners in smart phones, and Palm is not one of them.
 • See all Second Opinion columns
Change comes to Yahoo
Autodesk exec Carol Bartz (left) will lead the Web portal, replacing co-founder Jerry Yang and ready to "kick some butt." President Sue Decker will exit after a transitional period.
• A Valley insider, not a media mogul (First Take)

Sony as poster child for recession
 A Sony loss would be its first in 14 years as demand erodes and strong yen eats into profits. Toshiba, Canon and other rivals face similar woes.

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Most widely held tech stocks
Number of newsletters tracked by Hulbert Interactive holding stock, as of Nov. 29.
Microsoft (MSFT)13
Hewlett-Packard (HPQ)12
Apple (AAPL)11
IBM (IBM)11
Nokia (NOK)11
 
More commentary
Walt Mossberg
 Top CES gadgets

WSJ's personal-technology columnist goes over his favorites from the electronics show.
• Check out all of Mossberg's reviews

Hands together for Palm new Pre
Company struggling with a turnaround introduces new operating system and touch-screen phone at CES in Las Vegas. Investors appear to be impressed with new device, pushing up the shares 34%.
• Stealing the show (First Take)
 
More tech news
 
Video game sales beat estimates for December
BY DAN GALLAGHER
Despite the slumping national economy, sales of video games still managed to beat Wall Street’s expectations for the month of December, thanks mostly to strong demand for Nintendo devices.

Palm, Amazon jump as techs close with gains
BY BENJAMIN PIMENTEL
Most technology stocks bounce back to positive territory by the close of trading, powered by Palm Inc. and Amazon.com.

Caution and change surround Apple's quarterly report
BY REX CRUM
With Chief Executive Steve Jobs going out on medical leave for the next five months, there is a definite sense of change going around Apple as the company prepares to deliver its fiscal first-quarter report .

Retailers, losing traffic, maximize on those already inside
BY ANDRIA CHENG
If consumers have lost their appetite to shop with store traffic in free-fall, what should a retailer do? That was among the questions being raised at the retail industry's biggest annual event.

Autodesk to miss earnings target, cut 750 jobs
BY MICHELLE DONLEY
Autodesk lowers its fourth-quarter forecast, plans to cut about 10% of its workforce and says it's spinning off a business, as it moves to lower its expenses in a tough economy.

Tel Aviv ends mainly higher; banks mull fine, techs retreat
BY ROBERT DANIEL
Israeli stocks mainly gain ground, with a few key blue chips on the rise and real-estate companies trading strong but with technology bucking the bullish trend.

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