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Articles about economy

Microsoft looking to cut even more jobs?

by Natesh Sood on Apr 20, 2009 at 07:14 PM

Back in January when Microsoft announced their earnings for second quarter, things were not going well for them.  As a result, they were forced to enact job layoffs over an 18 month period totaling 5,000 job cuts.  At that time, this was already a lot of jobs to be lost… Continue Reading »

Surprise, surprise: Google makes money in first quarter

by Heather Wood on Apr 20, 2009 at 09:41 AM

Google has reported first quarter net earnings at $1.42 billion, up 6 percent from last year despite the recession.  Not including traffic costs, it came to be about $4.49 a share.  However, revenue did drop since last quarter, which makes Google’s top execs uncertain how to navigate its components in… Continue Reading »

Who’s on Crack: SMS avoidance Myths and Hacks

by JG Mason on Apr 17, 2009 at 12:40 PM

Normally, this is my place to poke fun at the idiocy that comes out of our tech industry, but today I’m going to poke holes at telecoms that find it appropriate to charge us $20,000 in our monthly phone bill without so much as a courtesy call.  SMS has become… Continue Reading »

Look out Flip Mino, DXG looks to shake up the budget camcorder space

by Iyaz Akhtar on Apr 17, 2009 at 08:12 AM

DXG’s camcorders often get overlooked by people because the company doesn’t have a flashy name and they make budget devices.  If you are unfamiliar with the company, DXG makes camcorders that cost a couple of hundred dollars.  These cameras use SD cards to record HD or standard definition video.  But… Continue Reading »

Cell phone sales to drop in 2009 says In-Stat Research

by Natesh Sood on Apr 16, 2009 at 06:03 PM

Who would have thought that cell phone sales and contracts would decline by nearly 20% since 2008 to 2009?  I always thought that cell phones would continue to rise in popularity until pretty much everyone owned one.  However, due to the economic crisis, In-Stat research firm conducted a study and… Continue Reading »

Skype IPO coming in 2010

by Shawn Ingram on Apr 15, 2009 at 10:13 AM

Imagine you’re the head of a large company with three different divisions.  Two of the divisions work extremely well together, while the third seems strange and out of place.  So you try to sell it, and nobody seems interested in buying, at least nobody with the money you want.  What… Continue Reading »

13 year old girl racks up $5000 phone bill for 20,000 texts in a month

by Heather Wood on Apr 14, 2009 at 02:00 PM

Thanks, Ashton.  Welcome, new folks.  Right now, we are giving away a Hava Gold (it placeshifts your television)!  Stay tuned for some more great giveaways on Gadgetell by following us on twitter or by subscribing to our rss feed so you know when to enter! Everyone knows that teens love… Continue Reading »

Business Bits: Nvidia CEO gets 51% less compensation and Moto’s ex-CFO’s lawsuit continues

by Iyaz Akhtar on Apr 10, 2009 at 06:22 PM

Nvidia has had a bit of rough time lately.  Now, the CEO is taking a big pay cut.  While his salary is technically only $1, there are other ways CEOs are compensated to make sure they can enjoy some privileges.  In 2008, Jen-Hsun Huang, received $3.7 million in compensation. The… Continue Reading »

Report states more than 84,000 tech jobs were lost last quarter

by Heather Wood on Apr 7, 2009 at 12:14 PM

A new report from the outplacement firm Challenger, Gray & Christmas has released figures that show that 84,217 people were laid off from the tech sector last quarter.  This figure is five times the amount that was reported the previous year.  The layoffs were also up 27 percent from the… Continue Reading »

Gadgetell Guide: The best ways to get HD television over the air

by Iyaz Akhtar on Apr 5, 2009 at 10:19 AM

A downright awful economy probably means some cutbacks in your own home.  Plenty of folks have suggested dropping your cable or satellite television service.  I totally agree.  First take stock of how much television you watch. Can you cut the cable?  I’m a television junkie, so this first step may… Continue Reading »

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