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| Friday, February 6, 2009 |
| Advertisement |
 News Corp. Misses, Rupe: Recession Worse Than We ThoughtNews Corp. turned in an ugly earnings report, with $6.4 billion in Q2 losses due to an $8.4 billion writedown. Uglier than that loss: Rupert Murdoch's forecast for 2009. In the release he says, "the downturn is more severe and likely longer lasting than previously thought." and "We are implementing rigorous cost-cutting across all operations and reducing head count where appropriate." Translation: Expect layoffs and soon. Read > Kicking Around The New York Times, Rupe Cheers Up The Wall Street Journal Layoffs Memo | |
| Ad Agency Wins Twitter Business Model Contest We set out to fix that with a "Create Twitter's Revenue Model" contest, promising to post the winner's plan and resume on Alley Insider. We also said we would email our winner's information to Twitter CEO Evan Williams. We found our winner, and we sent the email, but there's no reason to post a resume. Read > | |
| Gawker's Branded Site Takeovers Make Your Banners Look Sad At the end of January, Gawker Media owner Nick Denton said ad revenues would be up 10% over the same month last year. During the current advertising implosion, that's remarkable. Here's how they did it. Read > | |
| Sony: 'We Simply Have To Suffer' With High PS3 Prices Give Sony credit for self-confidence: Not only is the company denying price cuts for the PS3 are in the works, but Sony execs are hitting the media circuit to insist having the most expensive gaming console on the market amidst a recession is a good idea. Read > | |
| More | |
Yesterday, two Windows bloggers set off a kerfuffle when they suggested security holes existed in Microsoft's upcoming Windows 7. The report now has Microsoft responding to "misconceptions" about security in Windows 7 and insisting no changes need to be made to software. Read > How To Rehabilitate Your Name On Google Ever looked up your own name on Google? Sure you have -- and if you haven't, you should start: For an employer, googling a job applicant is just due diligence. But what if you don't like your results? Read > EarthLink Still Patiently Waiting For Deals EarthLink CEO Rolla Huff has successfully turned the company around after his predecessors burned hundreds of millions on ill-fated investments in municipal wi-fi and mobile. Now he's still looking to make some deals -- but in no hurry. Read > China's Lenovo Fires American CEO Chinese computer-maker Lenovo will replace its American CEO William J. Amelio as his three-year contract expires. Chairman Yang Yuanqing will take the CEO seat and Lenovo founder Liu Chuanzhi will re-take the chairmanship. Read > Suddenly Microsoft Cares About Content Again We can't keep up with Microsoft's ever-evolving Internet strategy. We've been following it for 14 years now, and every time we think the company might be getting close to sticking with something, it tacks off in another direction again. Read > | |
| Conde Nast Hires Chief Revenue Officer For Digital The New York Times Ad We'd Rather WatchWhat, Your 9-Year-Old Doesn't Write iPhone Apps?More Industry Reaction To New AOL Ad Boss Greg Coleman | |
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