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Results 61-80 of 212 for Jeff Meisner.

Sony Ericsson Reports Crushing Fourth Quarter

Sony Ericsson is the latest casualty of the global economic slowdown. The joint venture between Japanese consumer electronics giant Sony and Swedish mobile phone maker Ericsson announced dismal fourth-quarter financial results on Friday. The company lost about $248 million on roughly $3.9 billion in...

BK’s Antisocial ‘Whopper Sacrifice’ Lands in the Dumpster

More than 230,000 Facebook members got a rude awakening this past week when they were notified that they had been "de-friended" for a nice, juicy Burger King Whopper. Facebook users who installed the "Whopper Sacrifice" application were rewarded with a coupon for a free Whopper if they de-friended ...

Can Carol Bartz Put the Yodel Back in Yahoo?

Struggling Internet portal Yahoo has tapped former AutoDesk CEO Carol Bartz as its new CEO. Bartz, 60, will face a monumental task in attempting to turn around Yahoo, which was the No. 1 destination on the Internet before being supplanted by search engine powerhouse Google a few years ago. Bartz bri...

Genachowski Likely to Champion Openness as FCC Chief

President-elect Barack Obama has selected former Internet executive and venture capitalist Julius Genachowski to be the next head of the Federal Communications Commission. Genachowski, who was classmates with Obama at Harvard Law School, is expected to receive an easy confirmation from the U.S. Sena...

Expected Sony, Toshiba Losses Rock Japanese CE Market

Two giants of Japan's consumer electronics industry are expected to announce annual losses for the first time in many years. Sony, maker of the industry-changing Walkman music player and the PlayStation series of video game consoles, is expected to announce a $1.1 billion loss for the 2009 fiscal ye...

OLPC Struggles to Stay Afloat

One Laptop Per Child, a Boston-based nonprofit dedicated to providing cheap laptop computers to children in underdeveloped countries, has laid off 50 percent of its staff. That leaves the organization with 32 employees, all of whom have taken salary cuts in an attempt to cut costs, said Matt Keller,...

Yahoo Narrows CEO Search

Beleaguered Internet portal Yahoo is about to wrap up its search for a CEO to replace cofounder Jerry Yang. An announcement could come as soon as this week. Two candidates have emerged as the company's probable next leader: Carol Bartz, who is former CEO of AutoDesk; and Susan Decker, Yahoo's curren...

Lenovo Bites the Bullet, Cuts Jobs and Executive Pay

Chinese PC maker Lenovo will cut 2,500 jobs, or about 11 percent of its workforce, during the first quarter, the company said Wednesday. The cuts will include management and executive positions. In addition, Lenovo will cut executive compensation by 30 percent to 50 percent, and trim bonuses. Lenovo...

Sun Turns Its Gaze to the Cloud

Sun Microsystems has acquired Belgian cloud computing company Q-layer for an undisclosed price. Q-layer makes software that automates the deployment and management of corporate IT infrastructure such as servers, computers and Web-based applications in both public and private clouds. "Cloud computing...

Intel Warns Investors to Brace for Painful Q4 Report

Chip giant Intel has once again preannounced dire financial results -- yet another sign of the year-long U.S. recession's heavy toll on the technology industry. Intel said Wednesday that fourth-quarter revenue will come in at $8.2 billion, down 20 percent from the third quarter and down 23 percent y...

Xbox 360 Weathers 2008 With Record Sales

Microsoft announced Monday that 2008 was the best year ever for its Xbox 360 video game system, despite a year-long U.S. recession that has seen consumer spending plummet. The company's worldwide lead over rival Sony's PlayStation 3 widened by 8 million units in 2008, while its total number of 360s ...

Telecom Shows Signs of Buckling Under Recessionary Pressures

The year-long U.S. recession has started to take its toll on the telecomm sector. AT&T and Verizon shares were hit hard Monday after being downgraded by Bernstein Research. The firm downgraded Verizon from market perform to underperform and AT&T from outperform to market perform. Verizon sto...

LG to Show Off Netflix-Ready High-Def TVs at CES

Netflix is coming to a high-definition LG Electronics television near you. The two companies on Monday announced an extension of an existing partnership whereby LG will sell Internet-ready TVs capable of streaming content from a catalog of 12,000 Netflix movies. The service is already available on o...

Dell Dumps 2 Top Execs in Major Reorg

Dell, the No. 2 PC maker in the U.S., has fired two top executives as part of a major restructuring designed to help close the gap with its largest competitor, HP. Chief Marketing Officer Mark Jarvis has stepped down; President of Global Operations Mike Cannon will retire, effective Jan. 31. Cannon ...

AMD Makes Deeper Slash in Workforce

Advanced Micro Devices said Monday that it cut 600 jobs in the third quarter -- 100 more than it indicated in the guidance provided to Wall Street early last fall, according to a filing with the Securities and Exchange Commission. The 100 extra job cuts resulted in $70 million in restructuring costs...

Sony Can Make the PS3 for Less, but Does It Matter?

Sony has drastically reduced the production costs associated with its PlayStation 3 video game console by 35 percent, according to information technology researcher iSuppli. The latest generation of the PS3 costs just under $450 per unit to produce, down 35 percent from the prior generation's prod...

Microsoft Mulls Metered Model for PCs

Microsoft first talked about pay-as-you-go computing years ago, but a recent patent publication suggests the software giant is moving ahead with an alternative strategy for expanding PC access around the world. The application, filed on Dec. 25 with the U.S. Patent & Trademark Office, provides a...

Amazon Sales Soar Above Holiday Retail Slump

Online retail giant Amazon.com announced Friday that it had the strongest holiday shopping season in its history. Customers ordered more than 6.3 million items worldwide on its peak shopping day, Dec. 15, which works out to about 72.9 items ordered per second, Amazon said. Amazon shipped to more tha...

Lawsuit Against NYTCo Threatens Widespread Internet Linking Practices

GateHouse Media, a chain of local newspapers, has sued the New York Times Co. for copyright and trademark infringement. Fairport, N.Y.-based GateHouse, which owns 125 local newspapers, alleged that Boston.com, the Web site for The Boston Globe, violated copyright law by linking to GateHouse stories...

Elevation Gives Palm a Leg Up

Struggling smartphone maker Palm just got a $100 million shot in the arm from private equity group Elevation Partners. In an investment agreement announced Monday, Elevation acquired new issues of preferred stock in Palm for $3.25 per share, a 31 percent premium over the closing price of Palm's stoc...

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