The News Review:
- Report: Microsoft to rein in real estate expansion
- Microsoft Cutting 5000 Jobs; Stock Drops
- Keynote ’09
Report: Microsoft to rein in real estate expansion
Computerworld MA
Microsoft will delay for at least three years the construction of all new buildings in Redmond Wash. except one the Seattle Post-Intelligencer reported Monday. The story was based on an internal. Redmond is the Seattle suburb where Microsoft’s headquarters are located. Microsoft will also not renew most of its leases when they come up for renewal this year and next the newspaper reported. The real estate measures would help Microsoft save $607 million through the end of its 2010 fiscal year according to the Post-Intelligencer.
Microsoft Cutting 5000 Jobs; Stock Drops
KIRtv.com WA
The software maker was already facing tough problems among them its inability to snag a significant share of the lucrative Web search advertising market from leader Google Inc. It tried to fix this by buying Yahoo Inc. and pouring money into its own technology all the while relying on ffice programs such as Word and Excel and on Windows to keep bringing home huge profits. Now with the recession pinching software earnings Microsoft’s problems seem even harder to fix. Microsoft which has $20. 7 billion in cash on hand said its business prospects were hurt by the deteriorating global economy and lower revenue from software for PCs. The holiday quarter of 2008 was the worst for the PC market since 2002 with computer shipments declining about a half of 1 percent according to IDC a technology research group.
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Keynote ’09
Macworld CA
elegance or ease of use. Despite some disappointing oversights Keynote ?09 is an evolutionary upgrade that raises the bar further.