Apple reportedly fired around 50 enterprise salespeople
Apple has not publicly stated it but inside sources say that the company has fired around 50 enterprise salespeople.
These people were let go by the company for “business and economic reasons”.
People who have been let go have been provided severance packages. They have also been given a chance [...]

CNET Networks cutting around 120 jobs
Online media company CNET Networks has revealed that they are now going to cut around 120 jobs in the company.
This comes to around 10% of their total staff.
These job cuts are part of their restructuring exercise as the company is facing intense competition online from blogs and rival networks.
CNet [...]

Rumors on Google considering acquiring stake in CNet
CNET Networks share received a boost in the stock market as rumors in the market claim that the search engine giant Google is considering acquiring a stake in the company.
Market analyst William Lefkowitz was quoted as saying: “There is a rumor circulating that Google might have an [...]