We have been warning everyone for months that the mass appeal of low-cost netbooks was going to hit the major players hard. You’ve probably heard today that Microsoft plans to lay off 5,000 employees over the next 18 months due to the hard times. Details are … Read More »
NYT Company News
Today must be the day for updated devices. First we saw the next MSI Wind netbook go on sale and now HTC has an updated Touch Cruise smartphone to offer. The integrated GPS isn’t exactly new or unique, but the HTC Footprints feature is for … Read More »
Apple’s quarterly earnings call is primarily a retrospective affair. They report their numbers for the previous quarter, discuss strengths and weaknesses (and what made them strengths and weaknesses), and spend a little bit of time talking about how they plan on continuing and repeating success next … Read More »
Hidden in an obscure section of the economic stimulus plan that the U.S. House of Representatives is set to consider next week is a provision that could provide the refundability that has been at the top of the clean-energy industry’s wish list. If it becomes … Read More »
The nation’s largest cable provider is taking a page from Verizon and offering an online backup drive and limited file-sharing, according to DSL Reports. According to the report, the Comcast backup service will offer several storage options: 10GB worth for $4.99 a month, or … Read More »
Instead of shoveling coal into the furnace, Ontario wants to go big with biomass. The province’s four coal-fired power plants are set to be phased out by 2014, but why let those plants go to waste when they could keep … Read More »
We received word that an Israeli company called Innovid is “coming out of stealth mode” today. That expression strikes us a little strange considering there seems to be plenty of coverage on what the company does, and the company has presented at … Read More »
TPI Composites Inc., which makes light-weight wind turbine blades that it claims are more durable and more efficient than conventional blades, on Thursday announced it had raised $20 million in its second round of funding. Investors in the convertible preferred equity financing round, announced at the … Read More »
Consumer electronics giant Sony today announced that it would report a record loss of almost $3 billion, as the company said it was slammed by the economic downturn. This is the first net loss for the company in 14 years. As part of a … Read More »
Following in the footsteps of LG and Sony Ericsson, Nokia today reported a poor performance for the fourth quarter of 2008, for which it blamed the global economic downturn. Handset sales during the latest three-month period were 113.1 million, down 15.3 percent from … Read More »
Indian auto giant Tata Motors plans to throw an additional $435 million at production of its Tata Nano, the compact car unveiled in prototype last year with the promise of a price tag low enough to revolutionize transportation in emerging markets. With a lightweight design … Read More »
Chemical giant BASF and a small specialty chemicals company in Skokie, Ill., called Polyera Corp. have come up with a new type of semiconductor ink they plan to market under the name ActivInk. The ink is based on a new molecule that allows printed … Read More »
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