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CNet has announced that it will cut 10% of its workforce, or 120 people, effective immediately, in a move said to help it “focus on long-term growth amid complaints from some investors.”
CNet has had no shortage of headlines recently, from changes at the top through to an ongoing battle for control against largest shareholder Jana […]

Mozilla invited a group of bloggers to its headquarters in Mountain View today for an open discussion centered around the upcoming release of Firefox 3 (currently in public beta).
CEO John Lilly started things off by pointing out that this coming Monday is the Mozilla Organization’s ten year anniversary. He described the organization as rather humble […]

Over the past couple days, conversations I’ve had with two different video-startup CEOs—Suranga Chandratillake of blinkx and Nick Grouf of Spot Runner—has got me thinking about what needs to be done to make TV advertising as relevant as video advertising. We have a long way to go, but it boils down to two things: […]

WiMax is going nowhere fast but that is not stopping a consortium of cable and tech companies from considering a plan to invest $3 billion more into a proposed bailout-through-merger of Sprint Nextel’s WiMax business (known as Xohm) and Craig McCaw’s Clearwire. The consortium that is reportedly being put together would include Comcast ($1 […]

As consumer applications continue to migrate from the desktop to the Webtop, one of the most advanced areas where this trend is taking hold is in photo-editing software. Desktop editing apps like iPhoto, Picassa and even Photoshop are giving way to Web-based apps like FotoFlexer and Picnik (and many more).
And the Webtop […]

In a clear move to keep Motorola’s flagging mobile phone sales from pulling down its lucrative broadband and switching enterprise services the company is splitting into two publicly-traded organizations. The Mobile Devices company will focus on mobile handsets while the Broadband and Mobility solutions sector will work on secure voice and data communication along with […]

Communicate.com, a public company in Vancouver, Canada, is announcing the acquisition of Y Combinator startup Auctomatic this morning for $5 million in cash and stock. The company is also changing its name to Live Current Media, Inc.
Communicate/Live Current is in the domain name business - their primary assets are 800 high value domains (perfume.com, cricket.com, […]

The Wikimedia Foundation, the non-profit organization which operates Wikipedia, announced a $3 million donation from The Alfred P. Sloan Foundation today. The donation will be paid ratably over three years.
Last year the foundation had total income of $2.7 million and expenses of about $2.1 million (see financials here). This year revenue should be significantly higher. […]

WePlay, a social networking come kids sports management site has taken $1.87 million in a round that included Pequot Private Equity, Creative Artists Agency and Major League Baseball, according to PEHub. Editor’s Update: The company tells TechCrunch it has raised $4.5 million—$3.5 million from Pequot and $1 million from angel investors, including management and […]

I flipped on the news today (yes, my actual television, not sure why) and the big story was Craigslist gone wrong. Someone placed an ad on Craigslist saying that anything at a home in Jacksonville, Oregon was up for grabs. People responded, and carted away most of the belongings of resident Robert Salisbury. He arrived […]