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| Thursday, January 15, 2009 |
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 Apple Without Jobs: Fine For Now, But...Apple CEO Steve Jobs is taking a six month medical leave to treat health-related issues that are "more complex" than he thought a week ago. Jobs will "remain involved in major strategic decisions" while he is out. But what if Steve doesn't come back? Apple is fine for now, but down the road, the picture becomes cloudy. Apple currently has a line of products in place that its rivals can only lust after, but Steve Jobs is Apple. He might not write code or sit in chip fabs. But he makes the big, important decisions that make Apple products Apple products. When Jobs does leave for good, new decision-makers will make choices Steve wouldn't make. Talent will leave. The company will change. Maybe there are geniuses being held back by Jobs, who will be unleashed when he steps down, it's possible. We think, though, that Apple without Steve is not as good as Apple with Steve. Read > Steve Jobs Steps Down For Health ReasonsMeet Tim Cook, Apple's New Temporary BossCNBC Bungles The Steve Jobs Story | |
| Bartz: "Tell Me Why I Shouldn't Fire The Whole Lot Of You" Based on anecdotes we've heard from Valley execs and Autodesk investors, Carol's own introduction on yesterday's conference call, and stories in the press, she appears to have exactly the philosophy that Yahoo needs right now. Read > | |
| Google Announces Layoffs Google has announced layoffs. Not contractors. Not hourly workers. Googlers. Not many, thankfully--only 100--and some may be able to find jobs elsewhere in the company. But they're all in HR, which tells you something about how quickly Google has scaled back its own growth expectations. Read > | |
| Yes, Dell Phone Coming Dell is definitely getting into the mobile phone business, a plugged-in source tells us. But will it do so with Microsoft's help? Or Google's? Read > | |
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If there are going to be deals in 2009, they're going to be cheap and rife with earnouts and back-end options, said M&A execs from media companies NBC Universal, Meredith Corporation and Liberty Media during a panel at yesterday's Gridley conference. Read > Nortel Files For Bankruptcy Telecom gear maker Nortel's (NT) downward spiral continues: The company filed for Chapter 11 bankruptcy protection in Delaware today. Nortel owes companies more than $3.8 billion, according to court filings, the WSJ notes. Read > Motorola Blows Q4, Firing 4,000 More How bad are things at Motorola? Bad enough that the company shipped just 19 million cellphones during Q4 and revenues will come in between $7.0 billion and $7.2 billion, down about 26% year-over-year and short of the Street's $7.5 billion consensus. Read > NBC: We're A "Full-Scale Marketing Services Company" Broadcaster? Entertainment company? No and no. NBC Universal (GE) is a "full-scale marketing services company," or wants to be, says one company exec. Read > Gannett: All Non-Union Employees Must Take One Week Off Without Pay Recent layoffs at newspaper chain Gannett (GCI) haven't been enough to fix a failing business model getting hammered in a miserable economy. Next cost-cutting measure: All non-union employees will have to take five business days off sometime in the first quarter. Read > | |
| Tax Expert: Celebrity HuffPo Contributors Owe IRS A Gift TaxeBay's Collapse, By The Numbers$50,000 Reward Offered For Proof Worlds.Com Patent Lawsuit Is BogusForbes.com Exec: Display Ad Spending Down 10% In 2009 If We're Lucky | |
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