Mike Ferranti writes "Job cuts at AT&T and Adobe Systems and lower expectations for bellwethers like Google and Microsoft this week make it is clear that the now-official U.S. recession is hitting a read more » DiscussBury
"In what could be its last hope at survival, after the markets closed Monday evening, Palm announced it would implement a program to reduce its costs by another 20%, on top of a program..." read more » DiscussBury
Sun Microsystems says the major job cuts are part of a broader restructuring plan it has undertaken in hopes of saving $700 to $800 million. read more » DiscussBury
Declan McCullagh writes, "Regulators hold public hearing with few ground rules, resulting in haphazardly meandering comments on spam, porn, privacy, Net neutrality, and copyright infringement." read more » DiscussBury
"With banks scrutinizing loan applicants with renewed fervor, students who need money to cover college tuition could start looking to friends, family, and social networking for cash...." read more » DiscussBury