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In these perilous economic times, the layoff memos often follow a familiar refrain: “We have cut costs by 20 percent. That gives us an additional year’s runway. Or two.” But while yes, companies can cut costs and prolong their survival, when it comes to startups, just because they can doesn’t mean they should. I’m speaking here of venture-backed startups, which represent a small minority of…
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Feed - Gigaom: PE Obama’s Phone Records Breached By Verizon Employees — Verizon Wireless today admitted that some of its employees had been looking into President-elect Barack Obama’s cell phone billing records. In a release, the company said: "“This week we learned that a number of Verizon Wireless employees have, without authorization, accessed and viewed President-Elect Barack Obama’s personal cell phone account. The account has been inactive for several months…
Feed - Gigaom: SC08: The New Data Center Conference? — [image]The folks in charge of the SC 08 conference being held in Austin, Texas, this week have trumpeted the phenomenal growth of the supercomputing show, with attendance up by almost 10 percent from the previous year, but I’m beginning to doubt that high-performance computing is driving this growth as much as the broad changes in the data center world. As Ori Aruj, CEO of switch chipmaker Dune…
Feed - Gigaom: Coming Soon, Fiber to All of the Netherlands — [image] KPN and FTTH operator Reggefiber say theyare planning to roll out a fiber-to-the-home network that could cost as much as 7 billion euros. The network might take up to seven years to build out and is going to cover pretty much every part of the Netherlands. KPN, which is the incumbent in the region, wants to acquire 41 percent of Reggefiber, a decision that is pending approval. James Enck…
Feed - Gigaom: Carphone Warehouse Will Split Off Broadband Business — [image]Nothing like a deep recession to get a company’s management to focus. Carphone Warehouse, a major retail chain in Europe, is going to de-couple its broadband (telecom) business from its retail operations, according to various press reports. In the UK, spin-offs are called “de-mergers.” Funny how a downturn prompts companies to change their tune from “free broadband forever” to “get me…
Feed - Gigaom: Anatomy of a Gadget Fail — A study out on Sunday from the Pew Internet and American Life Project took a look at a computers, Internet access and cell phones to figure out how often such devices failed in the last 12 months and what people do when those failures happen. Unsurprisingly, such failures were pretty common, with 44 percent experiencing some kind of web connection failure, 39 percent experiencing a computer…
Feed - Gigaom: SiPort Shooting: No Layoffs, Killer Was Fired — The reports of layoffs at SiPort, a Santa Clara, Calif.-based company that prompted killing of three executives are wrong, according to a statement issued by the company. Like me, everyone assumed that there were layoffs and that led to the shooting. Last week Silicon Valley was shocked by the shooting of three SiPort executive by alleged killer, Jing Hua Wu who is currently under arrest by the…