Saturday, December 13, 2008

Technology Yahoo changes severance


ENTERTAINMENT
Behind in the game Electronic Arts shares, down 80% this year, fall 10% on warning and downgrades. Analysts suspect weak sales of new video games such as "Need for Speed.
Plan was adopted after Microsoft made unsolicited merger offer.
Tech Tales: Icahn seems to think Yahoo stock can get back to $20
New shareholder has lofty goals: Sell company to Microsoft
Shares rise on revived push for talks

Nintendo continues rule in video games
But pair of action-shooter games spur demand for Xbox 360.

Nortel seeking advice on bankruptcy
Company is seeking legal assistance in exploring the possibility of filing for protection should planned restructuring fails, report says.


Commentary
TECH TALES
Sun needs a new CEO
Move to hire new independent directors misses the mark, writes Therese Poletti.
Web 2.0 looks like Bust 1.0
Aloft cause in Silicon Valley


SECOND OPINION
Is the computer revolution dead?
Technology has evolved far beyond the PC, according to John Dvorak.
See all Second Opinion columns

Nokia software considered to cut costs
Japanese makers of handset parts are considering Nokia's new system software, which could streamline technology development.
Ericsson downgraded to hold by Citigroup
South Korea reportedly ready to open up handset market

Sony plans to cut 8,000 jobs, close plants
Electronics giant will also slash investments by 30% in fiscal year.
Novellus plans to cut 10% of workforce


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