From DailyTech: Seagate is the largest maker of hard drives and makes products for virtually all categories where magnetic storage is needed from computers to other applications. The company announced this week that it would lay off employees in the face of reduced demand for its...

From DailyTech: Microsoft is well known for many things, most notably its Windows operating systems that are used by the majority of PCs on the planet. The massive software firm is also known for its very popular Microsoft Office productivity suite.

Google launched a competing...

From InfoWorld: Andrew Shebanow didn't imagine that asking for feedback about how Palm's app store should work would open up a flood of input. He also didn't expect the move would change his job description. But now both have happened.

On Jan. 8, Shebanow, who is working on a third...

From InfoWorld: Hewlett-Packard on Thursday added tools for orchestration and recovery to its Adaptive Infrastructure portfolio. And, as with most enterprise-class technology announcements these days, HP said that the new tools promise IT cost-savings and reduced risks.

HP enhanced...

From CNET News.com: Don't have an Apple TV or a TiVo box, and have been lusting after watching YouTube videos from your couch? If you've got a Nintendo Wii or a Sony PlayStation 3 video game console, the Google property has just released an overhauled version of its living room...

From CNET News.com: Yahoo is providing its new CEO, Carol Bartz, with a $1 million base salary, as part of a lucrative $19 million compensation package for the former Autodesk executive, according to a filing Thursday with the Securities and Exchange Commission.

Under the four-year...

From CNET News.com: Apple may have wanted to protect Steve Jobs' privacy with the way it chose to address his health. But the end result is a credibility problem that will not go away easily.

After initially reassuring the public that Jobs' health issues were real, but not all that...

From X-bit Labs: Advanced Micro Devices will offer dual-core microprocessors for thin-and-light notebooks in 2009, the company revealed on Wednesday. While there is no news that AMD is preparing dual-core chips for ultra-portable notebooks, the company’s confirmation that those...

From InfoWorld: Google is planning to lay off 100 recruiters, and is closing down engineering offices in Texas, Norway, and Sweden as the company copes with the global economic downturn.

The company is still hiring, but at a reduced rate, it said in October during its quarterly...

From PC World: Google is shutting down various unpopular projects it has been working on and is also sacking about 100 employees, in what it seems to be a bad week at the search giant's offices around the world.

So what is actually happening? Well, the bad economic times are...