Top Items:
Margaret Kane / CNET News:
Circuit City files for bankruptcy — Struggling electronics chain Circuit City announced Monday that it has filed for chapter 11 bankruptcy. — Chapter 11 allows a company to hold off creditors while it attempts to restructure its finances. Circuit City said Monday that it has has negotiated …
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Reuters:
Circuit City files for Chapter 11 bankruptcy — Circuit City Stores Inc (CC.N: Quote, Profile, Research, Stock Buzz), the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection on Monday, falling victim to tighter credit terms from vendors and a loss of market share to Best Buy Co …
Discussion:
Guardian, DailyTech, Neowin.net, SlashGear, Electronista, Engadget, CrunchGear and The Tech Report
Ian Austen / New York Times:
Nortel Cuts 1,300 Jobs and Lowers Its Outlook — OTTAWA — Nortel Networks, the telecommunication equipment maker that never recovered from the technology downturn early in this decade, announced a third-quarter loss on Monday of $3.4 billion along with plans to reduce its work force by about 5 percent.
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Scott Moritz / Techland:
Nortel cuts jobs, shakes up management — Nortel (NT) plans a major restructuring and another round of job cuts as demand for tech gear plunges. — The Toronto networking equipment giant said Monday it would trim 1,300 jobs on top 1,200 cuts previously announced. Nortel had 32,550 employees at the end of 2007.
Adam Lashinsky / Fortune:
The genius behind Steve — The CEO is the heart and soul of Apple Inc. yet he's got a deep management bench from which to choose his eventual successor. — (Fortune Magazine) — Let's start with some uncomfortable truths. We wouldn't be publishing an article about the under-the-radar guy who's …
Scott Ferguson / eWeek:
VMware Wants to Bring Virtualization to Your Smart Phone — VMware is looking to bring its virtualization technology to smart phones and cell phones in 2009 through a new virtualization platform called the VMware Mobile Virtualization Platform, or MVP. The platform will use …
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Peter Kafka / MediaMemo:
Google, T-Mobile, Give AOL a Hand and a Big Check — Apple (AAPL), Research In Motion (RIMM) and Google (GOOG) are duking it out for consumers' smartphone dollars this fall. But here's an early winner: Time Warner's AOL (TWX), which has just landed a giant contract to push Google's G1 phone for the next two days.
Ian Lamont / Industry Standard:
Netbooks: An opportunity for Windows, and a threat to Linux — The netbook revolution is upon us. Less than a year ago, the cheap, Atom-powered mini-laptops were a novelty. Now they are shaking up the regular laptop industry. Netbooks are taking marketshare and mindshare, thanks in large part to their low prices.
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BBC:
Study shows how spammers cash in — Spammers are turning a profit despite only getting one response for every 12.5m e-mails they send, finds a study. — By hijacking a working spam network, US researchers have uncovered some of the economics of being a junk mailer.
Wall Street Journal:
Dell Lags in New Products — Michael Dell last year promised innovative new consumer products to generate “product lust” and spark his company's turnaround effort. But in the runup to the holiday sales season, Dell Inc. has been slow to deliver on that promise.
Discussion:
Digital Daily, The Register, PC World, Boing Boing Gadgets, MacUser, Gizmodo, I4U News, SlashGear, Listening Post, iPod Observer, MacDailyNews, CrunchGear and Engadget
Peter Kafka / MediaMemo:
Digg Dudes' Web Studio Revision3: Layoffs Last Month, But Ad Sales Are Up — Last month, Web video studio/distributor Revision3 said the plummeting economy had caused it to cut staff and stop making and distributing some of its shows. Today, the company has a different message it wants to get out: Things are great!
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Beet.TV
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Reuters:
YouTube to post full-length MGM films — NEW YORK (Reuters) - YouTube, the largest video-sharing website, will show full-length television shows and films from Metro-Goldwyn-Mayer's archives in its latest step to boost advertising revenue by adding professional programing, the company told Reuters on Sunday.
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New York Times:MGM to Post Full Films on YouTube
Discussion:
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Danny Sullivan / Search Engine Land:
Microsoft Does MSN Toolbar Distribution Deal With Java — Continuing on with its strategy to build search share by gaining distribution partners, Microsoft has landed a deal to have its MSN Toolbar offered to anyone in the United States who downloads Java for Internet Explorer.
Suzanne Vranica / Wall Street Journal:
Agency.com Sues Rival Over Clients — Agency.com LLC sued rival digital-ad firm iCrossing Inc., alleging that it poached several of its top executives and clients. — Agency.com, a unit of Omnicom Group, filed suit in state court in Dallas on Thursday, alleging breach of contract …
Discussion:
Silicon Alley Insider, Search Engine Land, paidContent.org and Andy Beal's Marketing Pilgrim
Slash Lane / AppleInsider:
iPhone trumps RAZR as most purchased US consumer handset — Apple's iPhone 3G dethroned the top-ranked Motorola RAZR as the leading handset purchased by adult consumers in the U.S. during the third quarter of the year, according to market research firm NPD.
Simon Sage / IntoMobile:
iPhone trounces BlackBerry, Treo in reliability — Man, not only is the iPhone beating BlackBerry in sales and customer satisfaction, but the latest study from SquareTrade is showing that BlackBerrys malfunction about twice as much as an iPhone. Ouch. The survey gathered results …
