TechAddress

Sun Puts Tech Layoffs Over 20,000 So Far This Month (Oodle and Rearden Also Join Our Tracker)

Fri, 14 Nov 2008 19:30:04 +0000

Since the last time we gave an update at the beginning of the month there have been 20,171 layoffs at tech and media companies added to our Layoff Tracker. That brings the total to 58,709 tech layoffs over the past two and a half months.

One previously unreported layoff we have been able to confirm is 10 people at classifieds search engine Oodle, which occurred last week and represents a 20% reduction. Another layoff happened at Rearden Commerce, which trimmed about 40 people, or 10 percent (and Rearden just raised $100 million, showing that no company is immune).

The biggest layoff this month was announced just today by Sun Microsystems, which will be reducing its headcount by 5,000 to 6,000 (15 to 18 percent). Other big tech companies also announced cuts earlier this week, including Applied Materials (1,800 layoffs), Nokia Siemens Networks (750), and National Semiconductor (330).

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Rearden Commerce Goes Mobile

Tue, 20 May 2008 08:33:32 +0000

Source:TechCrunch
The BBC has been testing a new service called SoundIndex, which lists the top 1,000 artists based on discussions crawled from Bebo, Las.fm, Google Groups,iTunes, MySpace and YouTube. The top five bands according to SoundIndex right now are Coldplay, Rihanna, The Ting Tings, Duffy and Mariah Carey , but the index is refreshed every six […]Source:TechCrunch
What good is a travel assistant that doesn’t go with you on the road? One of the gaping holes in Rearden Commerce’s enterprise travel application was the lack of a mobile version. Now it has one, starting with the Blackberry. (Rearden is a service aimed at corporate road warriors, after all). Apps […]

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At Rearden Commerce, Addiction is Job One ($100 Million Round Confirmed, Major Deal With JPMorgan Chase)

Tue, 06 May 2008 08:30:03 +0000

Source:TechCrunch
Patrick Grady has spent the past eight years of his life building the ultimate personal Web assistant in relative obscurity. But now his company, Rearden Commerce, is quietly emerging as major force among enterprise startups. He has confirmed that, as previously reported, Rearden has closed a $100 million round of funding from investors […]

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Rearden Commerce Raises $100 Million For Enterprise Services (Or, “Mashups For Adults”)

Tue, 22 Apr 2008 06:31:40 +0000

Source:TechCrunch
This is it. Yahoo’s final week to negotiate with Microsoft, or find a better bid, before the proxy battle begins. The company has until Saturday to respond to Microsoft’s offer. A lot can still happen before then.
Yahoo announces earnings tomorrow, and the conference call should be a lively one. […]Source:TechCrunch
Rearden Commerce won’t confirm this one way or the other, but we’ve heard from numerous sources that the Silicon Valley company raised $100 million last week. Existing invesotrs Oak Investment Partners, Foundation Capital and American Express all participated, as well as new investor Chase Capital.
We first wrote about Rearden Commerce a year ago with a […]

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