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Friday, February 01, 2008

Yahoo cut back workforce


Batten down the hatches
Yahoo! said it would cut 7% of its workforce after net profit fell by 23% in the fourth quarter, compared with a year earlier, to $206m. The company also predicted that it would soon face “headwinds”. Analysts anticipate a squeeze in advertising revenue this year.

In Store TV works for Walmart
Instore TV is working, I must have woken up in a parallel universe today. In Store TV could be a great content opportunity but knowing retailers they will want to spoil it with a barrage of price call outs and hard sell.

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