by John Paczkowski in Digital Daily at 12:42 pm PT
Apple observers sifting entrails for portents of iMacs to come have three new signs in which to put their faith this week. The most recent: reports that Apple has been telling its resellers that iMac supplies are tightening, often interpreted as a sign that the company is dropping inventory levels ahead of a product life refresh.
Read more »
by Eric Savitz in Voices at 10:15 am PT
Netflix is suddenly one of Silicon Valley's hottest companies--it just reported blowout Q4 earnings, gave a strong Q1 outlook, and its stock has doubled since November. And the company's service is becoming ubiquitous in the home entertainment space. So why did Stifel Nicolaus analyst Scott Devitt downgrade the stock this morning from Hold to Sell, estimating its fair value to be well below its current level of $35.95? Read more »
by Peter Kafka in MediaMemo at 9:33 am PT
Earlier this month the music business got a rare piece of good news: Apple announced that it had posted "record" sales at its iTunes music store around Christmas. Now, back to our regularly scheduled programming: I'm seeing more and more evidence that Apple notwithstanding, the industry's last few months were bad even by the industry's own terrible standards. Read more »
by John Paczkowski in Digital Daily at 8:52 am PT
If there’s an award to be given for most layoffs handed out by a technology company in a recession, NEC may have just won it. This morning, the Japanese electronics giant said it will sack at least 20,000 workers world-wide as it struggles to shore up its business amid the worsening econalypse. Read more »
by John Paczkowski in Digital Daily at 7:25 am PT
Amazon’s much needed good news in a week full of bad news is proving a boon to investors. The nice gain the online retailer posted in its fourth quarter appears to be reviving traders beaten into submission by the worst economic malaise since the Depression. Amazon’s shares are trading up more than 17 percent as I write this. Read more »
by Peter Kafka in MediaMemo at 7:17 am PT
The Time Inc. CEO gets a lifetime achievement award from an industry trade group and uses it as a platform to argue for her medium's longevity. I hope she's right, but I worry that she's not. Read more »
by John Paczkowski in Digital Daily at 6:47 am PT
Dell, the second-rate PC company, may soon become a second-rate handset company as well. Anonymous sources tell The Wall Street Journal that the company has developed prototype smartphones that work on Windows Mobile and Google’s Android operating system. The first is said to boast a touchscreen similar to Apple’s iPhone, the other a slide-out QWERTY keypad like the Palm Pre--both intended to compete in the segment dominated by the iPhone and BlackBerry devices. According to the Journal, Dell may uncrate one or the other, or both, as early as February. Read more »
by Kara Swisher in BoomTown at 5:30 am PT
Well, you knew the kids would eventually get tired of throwing all those sheep and posting drunken pictures of themselves.
Now comes a more sober--but still utterly self-absorbed--new craze on social-networking sites, most especially Facebook of late.
It's called "25 Random Things." Once you've been tagged, you are supposed to write a note with 25 random things, facts, habits, or goals about you. At the end, choose 25 people to be tagged.
I suddenly miss SuperPoking. Read more »
by Nitrozac and Snaggy in Voices at 5:15 am PT
Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site. (Click on the image to see a bigger version.) Read more »
by Ben Worthen in Voices at 4:37 am PT
Adobe Systems may have a claim to the world record for most software downloads in a day--if the company wants to push its case.
Over the summer, the Mozilla Foundation, which makes the Firefox Web browser, started a campaign to break the Guinness World Record for the most times a piece of software was downloaded in a single day. Read more »
by Peter Kafka in MediaMemo at 3:59 am PT
Longtime Rupert Murdoch fan Rich Greenfield says he's worried that money losers like Dow Jones will pull News Corp. down, and cut his rating to "sell." Perhaps this will cheer him up: The Wall Street Journal is reportedly bracing for layoffs next week. Read more »
by Kara Swisher in BoomTown at 1:25 am PT
Today, for interested lawyers, the American Bar Association is hosting a "brown bag" lunch and discussion in Washington, D.C. on the now-scuttled Google/Yahoo deal.
Ominously titled: THE GOOGLE/YAHOO! AGREEMENT AND ITS IMPLICATIONS FOR FUTURE ANTITRUST ENFORCEMENT IN ONLINE ADVERTISING, the gathering could not come at a more perfect time, given that comScore's 2008 Digital Year In Review report, released yesterday, showed the power of Google at an all-time high, no matter how much Yahoo-chasing, lawyer-rattling and lobbying Microsoft has done. Read more »
by Peter Kafka in MediaMemo at 7:45 pm PT
Martin Schaedel, a young and slightly mysterious Internet entrepreneur, died Wednesday in a plane crash. Now his many friends and acquaintances are meeting for the first time, on the Web. Read more »
by Eric Savitz in Voices at 6:22 pm PT
There's kind of a pattern to today's very large batch of earnings from the semiconductor and semi equipment companies. The Q4 numbers in most cases were well telegraphed; many companies in the sector had already pre-announced rotten results. Many have cut heads, are cutting heads, or will cut heads. And the guidance for the March quarter is generally for double-digit sequential revenue declines. Read more »