googlesign

Google reports quarterly revenue of $16 billion, misses on earnings again as top business exec departs

Google announced today that it brought in $15.96 billion in revenue for the second quarter of 2014, an increase of 22 percent from the same period a year ago. That beats expectations of $15.61 billion in quarterly revenue from analysts surveyed by Thomson Reuters. The Mountain View-based tech giant also reported earnings of $6.08 a… Read More

satya

With difficult cutbacks, Satya Nadella starts to make his mark on Microsoft

When Satya Nadella was named Microsoft’s CEO earlier this year, one of the concerns among investors was that the company veteran would maintain the status quo, largely sticking to the gameplan laid out by his predecessor, Steve Ballmer. This morning Nadella made it clear that won’t be the case, cutting 18,000 jobs in the largest layoffs in Microsoft… Read More

Greg Schwartz

Zillow exec tries to assuage real estate agents’ fears over ‘Coming Soon’ listings: We ‘don’t want to be a MLS’

SAN FRANCISCO–Zillow has taken heat from real estate professionals in recent weeks over its new “Coming Soon” feature, with some claiming that its one way for the Seattle online real estate powerhouse to bypass multiple listing services. But Zillow Chief Revenue Officer Greg Schwartz — speaking today at the Real Estate Connect Conference — says… Read More

John Legere

Sprint, T-Mobile looking to raise $10 billion for auctioned wireless airwaves

As Sprint and T-Mobile prepare to merge, the companies are now reportedly looking to raise money to bid for wireless airwaves. The Wall Street Journal notes that the wireless giants want to raise $10 billion for a 2015 auction of airwaves owned by television broadcasters. The money would be part of a financing package between the companies that, as… Read More

microsoftway

Microsoft cuts will also hit ‘shadow workforce,’ going beyond announced layoffs

Microsoft’s decision to cut 18,000 jobs from its workforce represents the largest round of layoffs in the company’s history, but it also understates the impact on the company and the job market. In addition to those core cuts, the company is aiming to significantly reduce its reliance on contingent workers — the thousands of vendors and contractors who… Read More

Microsoft CEO Satya Nadella. (Microsoft file photo)

Full text: Microsoft CEO Satya Nadella explains big job cuts

Long-term progress will require short-term pain. That’s one of the underlying messages delivered by Microsoft CEO Satya Nadella today as he outlined his plan to streamline Microsoft’s engineering as part of a larger set of 18,000 job cuts at the company. Here’s the full text of Nadella’s email to employees, made public by Microsoft. From: Satya… Read More

microsoftlogo1-1024x680

Microsoft cutting 18,000 jobs, 14% of company, in largest layoffs in its history

Microsoft will cut 18,000 jobs over the next year, including 12,500 related to its acquisition of Nokia’s Devices and Services business, the company confirmed this morning. The overall figure represents about 14 percent of the 127,000 people employed by the company as of last month. It’s the largest job reduction in the company’s history — a major… Read More

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Suck it, Colbert: Amazon still top U.S. brand despite PR blip

The Colbert effect may not take as much of a toll on the teflon coating of Amazon.com as you might think. Despite a concerted attack by the legendary late night comedian over Amazon’s antics with book publisher Hachette, Amazon retained the top ranking among U.S. brands, according to the YouGov BrandIndex report. The report placed… Read More

lovechild

Roll the credits: T-Mobile’s John Legere named executive producer of “Love Child,” a film coming soon to a screen near you

Is there anything that this CEO can’t do? T-Mobile’s John Legere generally has his hands full trying to revive the Bellevue-based carrier, but here’s something else he can add to his resume: Executive Producer. We noticed recently that Legere’s name popped on the credits for “Love Child,” a film currently being pushed nationwide through various film festivals and… Read More

xboxonenokinect

Xbox One sales double, one month after $100 price cut

Offering up a cheaper Xbox One is helping Microsoft sell quite a bit more consoles. The company announced today that since it began selling a $399 version of the Xbox One without the Kinect sensor on June 9 — a $100 price cut from the Xbox One with Kinect — sales doubled in one month. We’ll have more… Read More

microsoftlogo1-1024x680

Major Microsoft job cuts expected on Thursday

Microsoft will announce layoffs on Thursday that “substantially exceed” the largest job cuts in the company’s history, according to a New York Times report this afternoon, citing unnamed people who have been briefed on the company’s plan. Clues cited by the newspaper include tell-tale conference room reservations by human resource managers, which is traditionally the… Read More

crayxc30

Cray to provide XC30 supercomputers in India

Cray announced today that it will provide the Tata Institute for Fundamental Research in Mumbai with one of its XC30 supercomputers – the first of its kind in India. The system will be used by a nationwide group of scientists known as the Indian Lattice Gauge Theory Initiative, which is researching a form of matter… Read More

mariazhang

Yahoo exec countersues for defamation in sexual harassment case

One week after being sued for sexual harassment by a female employee, Yahoo executive and former Seattle startup CEO Maria Zhang has filed a counter-claim against the plaintiff. Zhang, who joined Yahoo as a senior mobile engineering director when it acquired her company, Alike, claims that allegations made by her former colleague Nan Shi are not true. “Making such… Read More

VIVE_HERO_SHOT

Can a wristband prevent sexual assault? UW concept brings sensors to the party

You’re at a club, dancing to a great DJ, and suddenly your wristband vibrates, signaling that one of your friends hasn’t responded to her wristband’s attempt to make sure she’s still conscious and in control. So you search the club and find your friend, extracting her from a potentially dangerous situation. That’s one of the core features of Vive,… Read More