Yahoo To Detail Layoffs

By Geoff Duncan Published December 10, 2008

Yahoo To Detail Layoffs

Back in October, Yahoo announced it would be laying off about 1,500 employees; today, the company is expected to detail those layoffs, with the bulk of the job cuts expected to land in the company’s human resources and finance divisions. The 1,500 job cuts represent about 10 percent of the company’s total work force.

In October, Yahoo CFO Blake Jorgensen indicated the company would consider additional job cuts in 2009 if the economic situation continued to worsen. Yahoo had also indicated it planned to jettison jobs in markets with high costs of living—like the United States—and hire aggressively in markets like India, southeast Asia, and Eastern Europe, where the cost of bringing employees on board is considerably lower.

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In the meantime, Jerry Yang has announced he will be stepping down from his position as Yahoo’s CEO; the company has not yet named a replacement.

Adding to the ongoing turmoil at Yahoo, one of the company’s major investors is urging the company to sell its Internet search business at Microsoft’s feet. In early 2008, Microsoft made an unsolicited bid to take over Yahoo; after many months of maneuvering, the companies were unable to reach a deal, and Yahoo angered its investors by walking away from a takeover offer worth over $45 billion. Now Ivory Investment Management LP, one of Yahoo’s largest single shareholders, is pushing the company to sell its search business to Microsoft. In a letter to the Yahoo board of directors, Ivory says Yahoo could get about $15 billion out of Microsoft for the search operations, and stipulate that Yahoo still receive 80 percent of the revenue from search queries on Yahoo sites. Ivory argues that revenue alone would be worth about $1.6 billion a year.

Ivory controls about 1.5 percent of Yahoo’s shares.

Microsoft CEO Steve Ballmer has indicated Microsoft is no longer interested in taking over Yahoo, but might be interested in the company’s search operations. Yahoo is currently the second-largest Internet search engine with roughly a 20 percent share of the online search market. Search shares of AOL, Microsoft, and Ask.com are all soundly in the single-digits, with Google dominating the market.

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Geoff Duncan writes, programs, edits, plays music, and delights in making software misbehave. He's probably the only member…

Computing

Details on the upcoming AMD and Nvidia GPUs just got leaked

The RX 7900 XTX.

Seasonic, a prominent PSU manufacturer, has reportedly revealed several upcoming GPUs from AMD's Radeon RX 7000 series and Nvidia's RTX 5000 series on its website. Seasonic listed the unreleased GPUs on its Wattage Calculator webpage, mentioning at least four new AMD and five new Nvidia models, although they seem to be removed at the time of writing this article.

As per a report, Seasonic’s website referenced high-end models of AMD's forthcoming Radeon RX 7000 series, including the RX 7990 XTX, RX 7950 XTX, and RX 7950 XT. This is the first time these specific models have been spotted anywhere online, adding to the anticipation surrounding AMD's next-gen GPUs. However, it's worth noting that this isn't the first time AMD has introduced a high-end refresh. Previously, it launched the "XX50" models as part of the RDNA 2 refresh, which included the 6950 XT, 6750 XT, and 6650 XT.

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Sony details its impressive Vision Pro competitor

The Sony XR headset being worn on a someone's face.

Sony’s latest XR Headset for the enterprise space was officially announced at the Augmented World Expo (AWE) in Long Beach, California, earlier this week, showcasing the company's collaboration with prominent technology brands such as Qualcomm.
The headset, which is being called the “Spatial Content Creation System,” has a number of highlight features and functions, including 4K OLED micro-displays for each eye, an individual headset powered by the Qualcomm Snapdragon XR2+ Gen 2 AI-chip, a ring controller, and a pointing controller.

Sony first announced the system at CES 2024 in early January, as an exclusive partnership with the health and automation brand Siemens. Sony noted the hardware would be available to “creators and developers in a diverse range of industries, including entertainment.”
Its 4K OLED micro-displays are head-mounted onto the headset and have a video see-through function. They feature large-size, high-definition 1.3-type OLED micro-displays with 4K resolution and a wide color gamut that covers up to 96% of DCI-P3.
Users can also pair the headset with its controllers for interacting with 3D objects and exact pointing. The system includes a total of six cameras and sensors, which allows for features such as heightened spatial recognition, giving users an increased ease to use peripherals in a virtual space to create with precision. This allows users to easily create, view, and edit 3D models in extended reality (XR).
The Qualcomm Snapdragon XR2+ Gen 2 enables the power of the system, from the image quality of the 4K OLED micro-displays to the tracking for XR experiences.
The ring controller provides a navigation tool to instinctively direct objects in XR, while the pointing controller allows you to be deliberate with your actions in a virtual space. The pointing controller is guided by the dominant hand and the ring controller by the opposite hand. For additional guidance, creators can use a keyboard in addition to the controllers while utilizing the head-mounted display.
While Sony has now showcased the Spatial Content Creation System at AWE, the brand and its partners have not yet shared any further details about the XR headset, such as more detailed specs, launch date and regions, pricing, sales channels, or software compatibility.

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How to change your Yahoo password on desktop and mobile

A Yahoo mail inbox.

One of the best ways to keep your many email inboxes safe and secure is by frequently changing your password. While this may sound inconsequential, periodic login updates end up being one of the biggest deterrents against hackers and other malcontents. If Yahoo is your email platform of choice, we’ve put together this guide to teach you how to update your account password in just a few simple steps.