Corporate stuff

EA announces more layoffs, said to be hundreds of workers

As if a leadership shakeup, canceling of games, and one round of layoffs weren't enough, it appears that things are going from bad to worse for Electronic Arts. The gaming company announced Thursday that it's going through another round of layoffs.

"In recent weeks, EA has aligned all elements of its organizational structure behind priorities in new technologies and mobile," EA wrote in a blog post Thursday. "This has led to some difficult decisions to reduce the workforce in some locations. We are extremely grateful for the contributions made by each of our employees -- … Read more

EA 'streamlines operations' by laying off workers

It seems like Electronic Arts is still reeling from its recent leadership shakeup. The gaming company today confirmed that it is laying off an undisclosed number of employees.

"EA is sharpening its focus to provide games for new platforms and mobile. In some cases, this involves reducing team sizes as we evolve into a more efficient organization. These are difficult decisions to let go of good people who have made important contributions to EA, and whenever possible we retrain or relocate employees to new roles," a company spokesperson told CNET. "Streamlining our operations will help ensure EA … Read more

Comcast scoops up rest of NBC Universal from GE

Comcast now owns all of NBC Universal.

The cable company shared the news in a filing with the Securities and Exchange Commission yesterday, revealing that it completed its acquisition of the 49 percent of NBCU held by GE.

To finance the purchase, Comcast said it spent $10 billion in cash (of which $3.2 billion came from NBCU), $725 million in preferred stock, $4 billion in securities, $750 million in cash funded through a commercial paper program, and $1.25 billion in cash from NBCU's credit facility.

Comcast also announced that it now owns certain properties at NBCU's … Read more

'Weapons of Mass Destruction' discussion lands at SXSW

AUSTIN, Texas -- Once again, Uncle Sam wants you. This time, the U.S. government is after your nerdy, data- and public policy-obsessed brains.

That was the message delivered by Acting Undersecretary of State for Arms Control and International Security Rose Gottemoeller to a small but actively curious group of techie and policy wonks at South by Southwest today.

In a session entitled, "Mobilizing Ingenuity to Strengthen Mobile Security," Gottemoeller and CNET reporter Daniel Terdiman discussed the U.S. government's interest in getting the public more involved in disarmament and the detection of weapons of mass destruction. … Read more

Where, oh where are all the grounded 787 Dreamliners?

There's been no shortage of publicity and investigation surrounding the grounding of the world's 787 Dreamliner fleet after recent battery fires aboard the Boeing airplanes. But there's one question that has gone unanswered: Where are all those Dreamliners?

Thanks to our friends at Airchive.com, we now know where all those planes are sitting as regulators, Boeing, and its battery suppliers work to once again get eager passengers aboard the much-hyped aircraft.

According to Airchive.com, there are currently eight carriers flying Dreamliners -- if you can call having a bunch of planes parked on tarmacs at … Read more

Escaping the Iron Curtain for Silicon Valley

The one thing everyone wants to know about Christian Gheorghe's life is the one thing he won't talk about.

In Silicon Valley, where the top talent at the hottest companies -- the Zuckerbergs, the Brins, the Cooks, and so forth -- are household names and paparazzi bait, Gheorghe's name isn't in play. Though he is a Silicon Valley CEO, his company, Tidemark, makes enterprise-focused performance and financial management applications, certainly not the sexiest of products.

But to a category of people who matter a lot in Valley -- the VCs -- Gheorghe is a bona-fide hero, … Read more

BlackJet, the Uber for private jets, takes off

SAN FRANCISCO--In an era of "Entourage" and a well-publicized fleet of planes personally owned by Google's top execs, the private jet has never before seemed as accessible to so many.

The truth is, of course, that just a tiny fraction of the population will ever set foot on any plane other than a commercial airliner, but traveling by Gulfstream has become romanticized in popular culture, and as that's happened, there's been a rise in the number of companies aiming to provide a more efficient, and more affordable way to fly private.

Into that new environment … Read more

How Boeing's 777-300ER could help save American Airlines

It has become the world's most-successful twin-engine airplane, but until now, no U.S. carrier has flown Boeing's 777-300ER. But with the launch on Thursday of its Dallas to Sao Paolo, Brazil, flight, American Airlines has broken new ground, and is now depending on its fledgling 777-300ER fleet to re-earn its once legendary wings. And make it a lot of money.

Among the many passengers aboard the inaugural flight to Sao Paolo was Chris Sloan, an aviation writer who often flies on the most notable planes in the skies and blogs about those travels on Airchive.com. Sloan, … Read more

Maynard Webb on fixing eBay and your career (Q&A)

CAMBRIDGE, Mass.--Maynard Webb is a fixer.

When Webb was asked to take control of eBay's failing IT operations in 1999, the company was in full-scale crisis. The then-young, fast-growing site had become the poster child for dot-com instability as it suffered through a series of outages. CNN crews, as Webb remembers, were parked outside eBay's offices, waiting for the next headline-grabbing crash.

Nearly 14 years later, eBay is a mature company (at least by dot-com standards) and Webb is considered one of the elder statesmen of Silicon Valley. He left eBay several years ago and is now … Read more

Despite setbacks, airlines and passengers still on board the Dreamliner

Boeing's 787 Dreamliner has suffered through a series of high-profile delays and setbacks, culminating in this week's grounding by the U.S. government, but thanks to its cutting-edge technology, it's almost certain the plane will thrive in spite of the repeated body blows.

The Dreamliner -- the much-heralded, next-generation plane that Boeing designed to offer airlines big fuel efficiencies and access to new intercontinental routes -- had already stumbled through more than three years of delays including an onboard electrical fire before the U.S. Federal Aviation Administration grounded the entire U.S.-based fleet this week … Read more