Yahoo! to Cut 5% of Workforce

Sunnyvale-based Yahoo! will cut 5% of its workforce as Q1 reports show a drop in net profit of 78%. CEO Carol Bartz, at the helm since January, is deadly serious about preserving core performance, keeping a "wall...

Former Spansion CEO, concerned about fired employees, returns sev

"Former Spansion CEO, concerned about fired employees, returns severance " Declaring "I am literally in tears" over the firing of 3,000 employees at computer chip maker Spansion, the company's former chief executive...

Spansion restores executive pay after 3,000 layoffs w/o severance

"Spansion restores executive pay as it lays off 3,000" Pay raises for executives as it lays off employees??? ""Spansion’s board of directors last week restored the 10 percent cut in pay given to its executive...

Japan approves CyberKnife system for extracranial use

"Robotic radiosurgery system offers non-invasive treatment alternative for tumors anywhere in the body Sunnyvale, Calif. (ANTARA News/PRNewswire-AsiaNet) - Accuray Incorporated (Nasdaq: ARAY), a global leader in the field of radiosurgery, announced today that Japan's...

AMBER ALERT Cancelled Precious Spencer Found, Murder Investigation in Progress

Murder Investigation Underway, Baby Found Safe  Now that her child has been found, police return their focus to solving the death of 24-year-old Alisha L. Spencer. Spencer's body was found Saturday near a...

AMD to Sack 10% of Employees

Advanced Micro Devices Inc. saidit is cutting about 10% of its work force, or about 1,650 jobs, andwarned that weaker-than-expected sales hurt results in its recentquarter."AMD, locked in a battle with Intel Corp. over chips known as microprocessors, said it expects...

Solar Panels Beat Redwoods in CA Legal Dispute

After more than half a decade of legal battles, one California couple must remove their redwood trees so that their neighbor's solar panels will not be obstructed. I was a California resident for more than half my...

Hackers will target Facebook and MySpace, experts say

Should we be flattered that hackers want our status updates and newsfeeds?  Who knows what can happen once they figure out that "Rob is...feeling a little blue today."  Ahh!"Social networking sites like...

Michael Woelk joins Picarro as President and CEO

"Previously, he served as vice president of marketing at Varian, Inc., overseeing the company's scientific instrument business. Mr Woelk will replace Bill Gignac, who will remain with the company. "I am extremely excited to join Picarro as I believe the company has a...

Yahoo executives grilled by House Foreign Affairs Committee

Yahoo management has been publicly humiliated in Washington recently for disclosing information to the Chinese government about a dissident journalist in China.  House Foreign Affairs Committee Charman called Jerry Yang a 'moral pygmy' among other things.  Now it...

Fujitsu and Naivini demonstrate beamformed mobile wimax (TM)

"The demonstration, the first in the industry between two different vendors, took place in Navini's test facility in Richardson, Texas, using Navini's Ripwave(R) MX8 base station running Mobile WiMAX software and a CPE reference design prototype based on the Fujitsu MB86K21...

Innovalight Raises $28 million for solar product development

""Innovalight is developing a very attractive approach to lower the costs of conventional solar energy," said Bjorge Gretland, managing partner for Convexa Capital who joins the board of Innovalight. "The company's silicon ink process to make cheaper solar cells offers huge...

The Race for the Best and Brightest Ad Talent

"Bennett Porter is wickedly busy these days. She has just been promoted to Yahoo's head of marketing for Southeast Asia, so she's frequenting the parabola between Singapore and corporate headquarters in Sunnyvale, Calif. Yet Ms. Porter still is in the process of disengaging...

Yahoo Updates Mail

"Because the new Yahoo Mail has been available to all of the service's users for almost a year in beta form, its enhancements aren't a secret, but Yahoo is announcing some new improvements. For example, all users...

The growing influence of social news sites

Hat tip to JD for this one.  If anyone is around it should be worth attending.  Let us know what goes down."I can't make it, but this sounds interesting: The evolution and growing influence of social news sites will be the topic of a panel Thursday night at Yahoo!...

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