Business

Shutdown Forces Lockheed to Furlough 3,000 Monday

Posted In Looking in Tech
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Lockheed Martin has identified 3,000 employees who will be furloughed beginning Monday as a result of the federal government shutdown, according to an internal memo from CEO Marillyn Hewson. In addition to the furloughed employees, Lockheed is planning to lay off workers who were assigned to projects where a contract has ended and its follow-up agreements cancelled due to the shutdown, a Lockheed source, who requested anonymity,  told Dice News. No figures were immediately available on the number of possible… continue…

Why I Stopped Playing Candy Crush Saga

Posted In Living in Tech
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Ramin Shokrizade’s article in GamaSutra on the top F2P monetization tricks was the reason I quit King’s Candy Crush Saga in July after playing it nearly every day since January. I’d got up to about level 133, not even half way through the 300+ levels the game offers, but had struggled a lot on some of the ones I’d recently hit. I’m not quite the target demographic (80 percent of Candy Crush Saga players are women) but I’ve always enjoyed… continue…

Twitter Begins Awarding Stock Options

Posted In Living in Tech
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Twitter reportedly began handing out stock options to key employees over the past two weeks, a maneuver likely designed to keep them in place. According to AllThingsD, Twitter began awarding the grants not only to executives, but also valued individual contributors. With its IPO intentions filed with the Securities and Exchange Commission, employees who have been with the seven-year-old company for more than four years are the most likely to bolt after it goes public and its lock-up period expires,… continue…

Cable TV Keeps Losing Ground to New Alternatives

Posted In Living in Tech
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As I worked in the video delivery industry for 15 years and spent nearly two of them at Comcast, three recent news items caught my attention. First, was the introduction of Google’s Chromecast. This was followed by Comcast announcing outstanding quarterly results. Finally, Time Warner Cable could not come to an agreement with CBS over broadcast fees. So, TWC dropped CBS from their channel line up. These three items define the past, present, and future of the video delivery industry… continue…

Google’s Buying a Lot of Valley Real Estate

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In what is described as the largest Silicon Valley office space deal of 2013, Google has leased 500,000 square feet in Mountain View, near the company’s Googleplex headquarters. Under local government rules, the new space could house up to 2,500 workers. When it comes to Silicon Valley real estate, Google is nearly as dominant as it is in search. The company already has plans for a separate 1 million square foot campus on the grounds of NASA’s Ames Research Center,… continue…

Chromebooks Could Work for Businesses: Analyst

Posted In Cloud
Research firm Forrester is arguing that Google’s Chromebooks deserve a serious look from businesses. continue…

Motorola Mobile Aside, Google’s Headcount Inches Up

Posted In Looking in Tech
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Google cut its workforce by 16.9 percent in the second quarter, with most of the bleeding coming from its Motorola Mobile operations and the sale of its Motorola Home business.  The news was better within the company’s core operations. At the end of the quarter, Google had 44,777 employees worldwide. In its second quarter earnings report, the company said the Motorola Mobile workforce was reduced by more than half. The unit ended the period with 4,599 employees, down nearly 54… continue…

Steve Ballmer Reorganizing Microsoft

Determined to make Microsoft more relevant, CEO Steve Ballmer is spearheading a massive internal shakeup. continue…

Is BlackBerry Planning More Layoffs?

Posted In Looking in Tech
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BlackBerry investors weren’t the only ones disappointed Friday when the company announced weaker than expected fiscal first quarter results. During the period that ended June 1, the mobile-device maker posted a loss — $84 million on revenues of $3.1 billion. Meanwhile, employees can’t be happy about the company’s plans to “continue to implement the cost savings” it started last year. In 2012, BlackBerry announced plans to cut approximately 5,000 workers from its payroll by the end of its fiscal year… continue…

Will Apple Really Hire 7,400 People By 2016?

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Apple could hire as many as 7,400 more employees over the next three years if all goes according to plan. Between the ring-shaped Cupertino campus the company’s proposed as its new headquarters and other nearby facilities, Apple will have room to house those thousands, according to an economic study released by the company. The study says Apple will expand its headcount by nearly 50 percent between now and the complex’s 2016 completion date, which would boost its overall area workforce… continue…