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| Thursday, January 29, 2009 |
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 AOL To Fire 700 Falco Says In MemoTime Warner's online division AOL will fire 700 employees, according to a company-wide memo AOL CEO Randy Falco sent yesterday. Falco also says "we will also forgo merit pay increases in 2009." The cuts come also come shortly after Google wrote down $726 million of its $1 billion investment in AOL during its Q4, in effect putting AOL's value at $5.5 billion -- down from $20 billion in 2005. Read > Revision3: Traffic Up Huge, 2009 Revenues "Not The Disaster We Thought"Could New 'Epix' Network Mean More Streaming Movies For Netflix? | |
| Let's Have A Smarter, Not A Smaller, H-1B Program Senator Chuck Grassley (R-IA) is just getting started on his campaign against the H-1B immigrant worker program, which brings skilled immigrants (mostly tech guys from India) to the US for work. Read > | |
| Putin To Michael Dell: Any Moron Can Build A PC After Russian Prime Minister Vladimir Putin delivered a didactic 40-minute speech to fellow Davos attendees that touched on everything from the place of the US dollar in global financial markets to Russia's role as an energy producer, he agreed to take a few questions. Michael Dell took the mike. Ever the salesman, Michael laid it on thick with praise for Russian technology, and then asked Putin "how can we help." Putin's was having none of it. Read > | |
| The 4 Secrets To Netflix Founder Reed Hastings' Success The lastest issue of Fortune has a profile of Netflix founder Reed Hastings, whose company just blew everyone away with spectacular fourth quarter earnings.In the article, Reed names four secrets to his company's success. Read > | |
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The quarter was okay, all things considered. But the New York Times still needs a long-term plan. Read > Digital TV Delay Falls Through, Modestly Good News For Cable, Telcos The Feds' attempt to postpone the U.S. switchover to digital-only TV has come up short, MarketWatch reports. This means the transition will occur on Feb. 17, as has been planned for years, instead of a last-minute delay to June. Read > Conde Nast Closing Domino Magazine, Web Site More cuts at Conde Nast: The company is shuttering shopping/interior design magazine Domino, it announced today. Read > RIM's New BlackBerry Curve 8900: 'Mostly Good A new BlackBerry Curve is finally here, and according to Gizmodo, it "seems like the most stable and least buggy product RIM has shipped in a while." Read > It Could Have Been Worse For Silicon Valley VC In 2008 According to the economists who decide such things, 2008 was the first year of the current recession. But news numbers from PricewaterhouseCoopers and National Venture Capital Association suggest it wasn't such a bad 12 months for Silicon Valley startups. Read > | |
| CBS Launching Personal Finance Site This SpringAmazon Charging $400 For The PS3 AgainSony Ex-Chairman: The Nintendo Wii Gives Me Faith In JapanReuters Scoops Itself By Twittering From Davos | |
| Digital Job Board The Silicon Alley Insider Job Board is the place to recruit top-notch digital and financial talent. In addition to a 30-day placement on the job board site, your positions will be featured periodically in posts that appear on Alleyinsider.com and in RSS feeds. Reach our fast-growing audience and find great candidates. Find a job > Post a job > | |
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