21/01/2008 by swordfish.

O2 has sold only 190,000 iPhones, missing sales targets it announced before the UK launch, reports the Financial Times.

O2 claimed in November that it expected to sell 200,000 units in the first two months after launch, with research firm Gartner estimating that sales could double that figure.

However, queues outside shops before the UK launch of the iPhone were far smaller than those in the US, and leaked figures during the following months suggested that sales had been slower than expected.

Source: PC Pro

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Posted in Apple, Mobile | Print | No Comments »

21/01/2008 by swordfish.

Yahoo is reportedly gearing up to sack up to 20 percent of its worldwide staff in the next two weeks.

It currently has about 12,000 employees. Multiple tips doing the rounds say a list of between 1,500 and 2,500 individuals has been drawn up for the cutbacks.

Investors have long been clamouring for lay-offs, even before Yahoo founder Jerry Yang resumed the helm last June. Meanwhile, the firm’s share price has sunk to new lows and its slice of the search market continues to shrink.

In a statement in response to the gossip, Yahoo said: “Yahoo plans to invest in some areas, reduce emphasis in others, and eliminate some areas of the business that don’t support the company’s priorities.”

Source: Electric news

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Posted in Yahoo, Technology News | Print | 1 Comment »