WebProNews

Microsoft Announces Another Round of Job Cuts

Update: VentureBeat reports: "We’ve learned that Massive, the company’s in-game advertising business, suffered something like 75 percent layoffs."

Getting More Income Out Of Your Existing Site

I probably don't have to tell you that people are looking for ways to make extra income in this economy. Luckily there are ways you can get extra revenue out of sites you already have. A Google spokesperson tells WebProNews that the company is seeing more and more people doing just that. "We've also been seeing regular people capitalizing on changes in consumer behavior (ie, more people searching for recipe sites and therefore stay at home mom's creating recipe blogs as a result)," he says.

Internet Increases Consumers’ Confidence to Part with Cash

Online shoppers are loosening the grips on their wallets, but continuing to be cautious about where and how they spend their cash. To secure their business, online retailers need to persuade consumers that they’re offering the best product at the best price.

Yahoo Tracks Stimulus Searches

Yahoo has provided a look at how Americans have been searching for economic data in recent times. One query they specifically look at is "Obama stimulus package," which has quadrupled the number of searches over the last week, when compared to the week before.

Employees Overwhelmingly Confident About Layoffs

Employees in the U.S. seem to overwhelmingly share a "it won't happen to me" attitude when it comes to losing jobs. Glassdoor.com has released results from a survey, which found that 4 out of 5 employees have no concerns about being laid off in the next six months. GlassDoor breaks it down into two categories - companies that have reported upcoming layoffs, and companies that have not:

SEOs Should Adjust To Recessionary Times

Personal experience speaking: The top three questions a Target employee is likely to hear relate to the location of the restrooms, the location of the seasonal section (Christmas, Halloween, etc.), and - at least in Kentucky - whether or not the store sells cigarettes.  But new Hitwise data indicates that inquiries about layaway may become more popular.

Salad Days Over In The Valley

Things aren’t looking so good in Silicon Valley these days. As the US economy adjusts to recession, funding for ventures is down, stock prices are falling, and online tabloids have to let go even their decadent Valley prostitution reporters.

Facebook's Value Is Decreasing

If you’ve forgotten, just nine months ago, Microsoft purchased a 1.6% stake in Facebook for $240 million. Doing the math from that, the total value of Facebook last October was $15B.

Online Ad Business Remains Strong

Whatever sort of recession we're in hasn't yet resulted in any soup lines (or at least not any soup lines that made the evening news).  It also hasn't had any horrible effect on online advertising.

WebMD Lowers Revenue, Income Expectations

It's more than a little ironic, but WebMD isn't looking too healthy; the company has cut its 2008 financial outlook.  On the bright side, there's a possibility that this is only WebMD's problem, as opposed to something representative of the online economy.