This one baffles us considerably. Shouldn’t they have some sort of protected account that represents the reasonable cash obligations of outstanding rebates? One of the nation’s largest rebate processing firms, CPG (RebateStatus.com) has filed for Chapter 11 bankruptcy protection. What does that mean for you? Well, if you happened to mail-in a rebate form with [...]
Of course, you have to print on your own printer at home… Founded in 1982 and at times so rich with ads its issues reached as many as 600 pages, Ziff Davis’s PC Magazine will issue its last print edition this January, thereafter becoming an online-only publication. Ziff Davis, which recently exited bankruptcy will lay [...]
That is like a small city at this point. How can we realize our science fiction fantasy or allegiance to corporations instead of nation states if these companies keep trashing jobs? Please don’t let the nation of Walmart be the only option! Fallout from the financial crisis is walloping the people on Wall Street who [...]
NY Times has an interesting article on doom and gloom by Powerpoint originating out of Valley VCs. Maybe it was the tombstone that did it. Even as Wall Street burned, Silicon Valley seemed strangely sanguine. Then a PowerPoint presentation from Sequoia Capital prophesying Armageddon — featuring an “R.I.P. Good Times” headstone — made the rounds. [...]
About time…enough said. Yahoo announced that Yang, 40, will step down as CEO and return to his former role as “Chief Yahoo.” The company’s board said it has hired headhunter Heidrick & Struggles to find a replacement. (CNN)
Wireless chipset company Wisair Ltd. is firing 30 employees. The company, which was founded in 2001 by president and CEO David Yaish and is a member of the RAD group of companies, has raised a total of $70 million in several financing rounds, the last of which was in February. (Globes Online)
The horror. The horror. Challenger, Gray & Christmas has come out with a scary report that forecasts a mammoth 180,000 job cuts in the technology sector in the near future. If the projection is correct, it would be the highest number since 2003. (IT Examiner)
Mutual fund manager Fidelity Investments said Friday that it will cut 1,700 more jobs in the first three months of 2009 in the latest round of cost cutting. (CNN) In other news Kenworth lays off 400 (Link) And did we mention Sun?
Bet your bottom dollar. Massive layoffs at Sun. Nearly 20 percent of staff.
The only positive thing I ever hear about Sprint is that they have reasonable data services. I’ll stick with Verizon, thanks. In a move similar to what Dell is currently offering its employees, Sprint is also giving employees the option to voluntarily leave the company. While Sprint hasn’t announced anything officially, layoffs have certainly followed [...]
@MattDevost Now you can start a last-minute AirBnB for the event space. That's the latest innovation.
A month ago I told a handful of folks I wanted to start an AirBnB for event space. Someone beat me to it!
lol! Now all is right in the world “@Bazerghi: @TammiM Was looking over the folks I follow and realized I wasn't following you! apologies!
@TammiM Was looking over the folks I follow and realized I wasn't following you! My apologies! ;-)Copyright © 2009–2012