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Showing posts with label prepares. Show all posts
Showing posts with label prepares. Show all posts

Wednesday, December 15, 2010

Yahoo! prepares to dispose off the coast of 600 to 700 workers (CBS News)

(AP)  Trimmings holiday of Yahoo Inc. include 600-700 layoffs in shake-up last Internet company triggered by poor growth.

Employees may be notified of job cuts as soon as Tuesday, according to a person familiar with the plans of yahoo. The person asked for anonymity because Yahoo had not made an official announcement.

The planned reductions represent approximately 5% of the Yahoo 14,100 employees labour market. It will mark fourth mass layoff of Yahoo over the last three years.

The two last housecleanings have current CEO company, Carol Bartz, a veteran Silicon Valley has committed more than two years, despite his lack of experience on the Web or in advertising - main source of income at Yahoo.

Round this week reductions is supposed to be concentrated in American product group of Yahoo, which already has undergone a redesign since Bartz hired former Microsoft Corp. Executive Blake Irving to perform the division last spring.

Job cuts come as a shock. New of the impending layoff was the first month last two popular technology blogs, TechCrunch, and All Things Digital.

Low financial growth at Yahoo, stagnant stock prices and recent no-shows management have raised questions on the issue of whether Bartz itself could be the door before the expiry of his contract in January 2013.

Revenues of the company had edged up in less than 2% to $ 4.8 billion in the first nine months of the year, reflecting the difficulty that yahoo was selling ads while the other Internet companies such as Google Inc. and Facebook are booming.

Google revenues rose by 23% to nearly $ 21 billion in the first nine months of the year. Private company Facebook disclose its results but it is growing so fast that it had to spend more general headquarters of the earlier this year.

Yahoo stock prices fell 31 cents to close Monday for $16.70, below a few cents, where completed last year. Meanwhile, technology Nasdaq composite index rose by 16 per cent this year.

Malaise has spurred speculation that opportunistic companies redemption could implement a takeover bid for Yahoo, possibly in partnership with another beleaguered icon Internet, AOL Inc.

Bartz, 62, has repeatedly urged yahoo, which is based in Sunnyvale, is moving in the right direction, although it warned that it might be a year or two before there is a significant improvement in financial results for the company.

? MMX, the Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Friday, December 10, 2010

Japan probe reaches Venus, prepares to enter orbit (the Arizona Republic)

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TOKYO (AP) - A Japanese space probe sent to the thick clouds of Venus shut itself down, and its future looks as hazy as the planet it was built to study.The probe, called Akatsuki, which means "dawn," reached Venus on Tuesday to orbit earthâ neighbor is a two-year mission. Aim communication problems left scientists in the dark about whether it was successfully orbit.An American scientist on the probe's research team said the probe shut itself down and is partially in safe mode. "That means it is sending back signals indicating it is alive, but not transmitting any data.At first controllers back on Earth lost contact with the probe and got modulating signals indicating that spaceship may be wobbling a bit, said Sanjay Limaye, a University of Wisconsin-Madison professor who is one of five American scientists on the Akatsuki research team.But after a few hours, engineers at NASA and the Japanese space agency JAXA, were able to lock on probe the's signal and found it shut itself down to protect itself, Limaye said.""That means at least things are looking better if not perfectly the best," he would be the first time Japan has ever placed said.It a spacecraft into orbit around another planet and comes after the country recently brought a probe back from a trip to an asteroid. Russia, the United States and the Europeans have successfully explored other planets. The Russian space program has been sending missions to Venus since 1961 with more than 30 attempts. "Its early missions were marred with many failures.Limaye said it was unclear if the probe was successfully inserted into orbit around Venus, but Gerald Schubert, a University of California, Los Angeles, scientist who is on the probe team, said he thinks it is in some kind of orbit around the hazy planet.""There appears to be a problem, but exactly what the problem is I'm not sure" Schubert said.Japan has long been one of the world's leading space-faring nations. It was the first Asian country to put a satellite in orbit around the Earth – in 1970 — and has developed a highly reliable booster rocket in its H - 2 series.In recent years Japan has been overshadowed by the big strides of China, which has put astronauts in space twice since 2003 and was the third country to send a human into orbit after Russia and the United States.Japan's space program has never attempted manned flight and instead operates on a shoestring budget that focuses primarily on small-scale scientific projects.Akatsuki, launched may 20, is designed to monitor volcanic activity on Venus and provide data on its thick cloud cover and climate, including whether the planet has lightning. The probe is equipped with infrared cameras and other instruments to carry out its mission.The 25 trillion yen ($300 million) project is supposed to maintain an elliptical orbit around Venus, ranging from passes 190 miles (300 kilometers) from the planet's surface to outer swings 50,000 miles (80,000 kilometers) away that will allow it to comprehensively monitor weather patterns.One journal mysteries scientists are hoping to clear up is the intensity of surface winds on Venus that are believed to reach up to speeds of 220 miles per hour (360 kilometers per hour) .Inserting the probe into orbit would be a big success for Japan, which previously failed in an effort to put probes around March. The Mars mission, called Nozomi, or "hope," and launched in 1998 experienced a series of technical glitches.The program got a big moral boost earlier this year with the successful return to Earth in June of the probe Hayabusa. The probe successfully captured dust from an asteroid for the first time in history, bringing back microscopic samples from the Itokawa asteroid that could offer insight into the creation and makeup of the solar system.It is only the fourth set of samples to be returned from space in history - including matter collected by the Apollo moon missions, comet material by Stardust, and solar matter from the Genesis mission.The spacecraft's capsule landed successfully in the Australian Outback in June after a seven-year, 4-billion-mile (6-trillion-kilometer) journey.The Venus mission also follows Japan's first lunar probe, which completed a 19-month mission last year. The lunar project gathered data for a detailed map of the moon's surface and examined its mineral distribution.NASA has launched several probes that have orbited other planets: Pioneer Venus in 1978, Mars Global Surveyor in 1998 and Messenger, which is expected to settle into orbit around Mercury in 2011. The European Space Agency's Mars Express successfully reached orbit in 2003, while its Venus Express completed the maneuver in 2006 - Science Writer Seth Borenstein reported from Washington