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America Online

+ - AOL to Cut 20% of Employees->

Submitted by
adambha
adambha writes "AOL just announced that they will be eliminating about 2,000 jobs in a cost-cutting move to shift resources to high-growth areas. With recent acquisitions adding to the payroll, this move is seen as a restructuring of organization to adjust to these additions while shifting efforts toward other web properties. From the article, "AOL believes it is now best at developing Web sites such as its Moviefone and MapQuest properties to attract people in some 30 countries, Falco said. Its goal, he said, is to build 'the largest and most sophisticated global advertising network' for marketers to reach that online audience."

Largest and most sophisticated global advertising network? We'll see."

Link to Original Source
Handhelds

+ - iPhone Successfully Over-hyped->

Submitted by
adambha
adambha writes "As the mania of one of the most successful product launches of all time begins to settle, the fanfare is colored with some dissent. The naysayers notwithstanding, a statistically insignificant survey has now determined that 30% of Americans want an iPhone. From the article:

Lightspeed Research surveyed 39,000 people on its U.S. online panel in the days following the launch of the device on June 29 — and the research findings are staggering. Thirty-two percent of those surveyed who do not currently own an iPhone stated that they do intend to purchase one, with 8 percent planning to purchase in the next three months and 22 percent planning to purchase 'some time in the future' the researchers said.
How many people do you know with an iPhone or plans to get one? Is this perhaps just well-executed PR from Apple?"

Link to Original Source
Microsoft

+ - Bill Gates No Longer Richest Man in the World->

Submitted by
adambha
adambha writes "Mexican telecom tycoon Carlos Slim Helu has overtaken Microsoft founder Bill Gates as the richest person on the planet, according to Mexican media. The Mexican website Sentido Comun said the Mexican billionaire's wealth had rocketed past Gates following the red-hot performance of his telecommunications firm, America Movil. The Mexican financial website said Slim's lead over Gates amounted to billions of dollars."
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