Sprint Nextel is preparing to cut thousands of jobs, according to the The Wall Street Journal.
The company's new CEO, Dan Hesse, is supposedly trying to show investors that he is serious about cutting costs, the newspaper's Web site reported late on Monday. A Sprint representative declined to comment on the story.
Exactly how many people could lose their jobs is not yet known. Last year the company cut about 5,000 jobs. At the end of the last quarter Sprint reported it had roughly 60,000 employees.
Sprint is the third-largest cell phone company in the U.… Read more
With all the rumors surrounding Macworld, it's difficult to sift through those possibilities that could actually come true and those that are pure rubbish. And while I don't think I have all the answers, it seems more and more likely that some of the expectations some of us have for Steve next week may not come true.
As it stands, most people are saying that iTunes movie rentals will become a reality next week and an ultraportable Mac is in the works. Still others believe Jobs will revamp the Apple TV and some people believe he'll refresh the entire MacBook line. As for me? I'll tell you what he should (and shouldn't) do when he takes the stage next week.… Read more
With the new year under way and the holidays on the back burner, CNET's first big coverage extravaganza of 2008 was CES. The annual Consumer Electronics Show, which runs through the end of this week, was predictably brimming with cool gadgets and new technology. Many of our editors were on hand to give their take on all the sleek new products. Check out our extensive coverage of CES here. Though I was jealous to see all of the cool new items coming out of Las Vegas while I remained in San Francisco, I knew the next week would be … Read more
The Macworld Expo starts Tuesday, and I'm sure there are countless people out there who simply don't know what to do with themselves in those long hours until Steve Jobs steps onstage at Moscone Center in San Francisco.
As I sat at my desk this afternoon, pondering my next few days, an e-mail came across about free passes to the show, and for reasons that I can't fully explain, it got me writing a little bit of Macworld haiku.
Sure, it's silly, but then, so what.
So I thought I'd offer mine up and give … Read more
As Greg Sandoval pointed out over at News.com, Apple may be close to winning over even more movie studios to make iTunes rentals a reality. And while I'll be the first to admit that this is a major victory for Apple, considering the possibility of its service being relegated to irrelevance in the video space, how big of a victory is it for Steve Jobs?
As one BusinessWeek column points out, Steve Jobs was only able to win the studios over by increasing the amount he's willing to pay for films. According to the report, Jobs had once capped the amount he would pay for each movie sold at $14, but has agreed to the $17 fee larger retailers like Wal-Mart are currently paying.
To make matters worse, the music industry has stood up to Jobs for the first time and has offered DRM-free music to Amazon even though Jobs and Company have been asking for such a deal for quite some time.
So what's really going on? Has Steve Jobs -- one of the world's most powerful CEOs -- lost his power? You better believe it.… Read more
Apparently, Apple is willing to make concessions to the film industry to bolster iTunes' lackluster movie offerings.
BusinessWeek is reporting that Apple is close to signing distribution deals with most of the top movie studios that would give Apple access to newly released films.
The Financial Times reported last month that Apple has already signed an agreement with Twentieth Century Fox. BusinessWeek now says the company is nearing deals with Warner Bros., Paramount Pictures, and Lionsgate. The magazine suggested that some of the deals may be announced at the Macworld conference, which starts January 14.
While Apple has dominated music, … Read more
In 1964 congress passed the Civil Rights Act. Three years later came the Age Discrimination in Employment Act (ADEA), followed by the Americans with Disabilities Act of 1990. This litany of legislation proves that politicians can actually get things done when they put their minds to it, all recent evidence to the contrary.
As an engineering manager for Texas Instruments in the mid-80s, I was careful about discrimination. Then I got a memo explaining that sexual harassment would not be tolerated. I was terrified until I realized the memo went out to all employees. Whew, that was a relief. I wish the memo proves that executives care about their employees, but I think it was more about avoiding litigation. And my relief was all about keeping my job.
Regardless of how or why any of this stuff happens, it's exactly the kind of thing that distinguishes our nation. We've made great strides toward putting an end to job discrimination and sexual harassment. But lately, something seems to have gone terribly wrong.… Read more
Five of Fortune magazine's top four most powerful businesspeople in the world are very familiar to the tech world--and one of the names you might have expected to crack the top five isn't there.
Yeah, I said five of the top four, but this is Fortune's list, so blame the magazine for the accounting. But we'll get to that later.
Apple co-founder Steve Jobs came in at the top of the list, which was posted to the magazine's Web site Tuesday. The magazine noted that Apple's chairman and CEO "twice altered the direction … Read more