SiRF Technology (SIRF), a San Jose, Calif.-based maker of GPS chips, this morning said it was cutting jobs and trying to restructure its business due to softening consumer demand. Already the worst performing tech stock for the year, shares of SiRF nosedived in early trading… Read More »
Tech
GPS chip maker SiRF Technology has reduced first-quarter sales estimates and implemented a cost-savings plan that will cost about 50 people their jobs and result in the closure of SiRF’s offices in Stockholm and South San Francisco. Aside from general economic malaise softening demand for… Read More »
Skyhook Wireless said today it will provide its Wi-Fi-based location awareness technology for users of Locr software who want to automatically add geographic information to their photos. Although fun, like many location-based services that have been long promised and poorly delivered, it’s certainly not the… Read More »