With the advertising GooHoo deal now down the drain, Yahoo is looking for alternative deals and Microsoft looks like the best bet. But will Redmond make the same offer?
THQ is cutting down is expenditures and several studios have already fell under the blade: Paradigm Entertainment and a chunk of Juice Games are the first victims.
Nokia will follow Motorola's recent example and come up with a layoff scheme of its own. The plans are already being discussed with employees and will come into effect on January 1 2009.
Apple confirmed earlier rumors and announced that former-IBM Mark Papermaster will become senior vice president of Devices Hardware Engineering in Cupertino. In the mean time, Apple managed to partially drive away veteran Tony Fadell.
Bad news for Circuit City employees: the company announced plans to close around 20% of its US stores. In addition, other cost reduction initiatives are also taken in consideration.
Mark Papermaster planned to leave IBM for Apple, an idea that gained him a lawsuit with his current company for an alleged violation of a noncompete agreement.
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