Earlier today Microsoft decided it would drop the bomb early by moving its second-quarter earnings conference call with Wall Street analysts to 8 a.m. PST, instead of 2:30 p.m. PST. Microsoft earlier reported a sharp decline in revenues and net income, as well as layoffs of up to 5,000 employees and...

Concerns that the econalypse will last longer than expected inspired a nasty market selloff Wednesday, one that kicked tech’s ass all the way back to April 2003. The Nasdaq gave up nearly 97 points, falling 6.5 percent to 1,386, its lowest close in five years. And it dragged a host of tech iss...

Stupefying. The year-end total for tech sector job losses in 2008 is expected to reach 180,000, according to Challenger, Gray & Christmas. That’s the largest annual job loss for the sector since 2003, when tech firms sacked some 228,325 employees. Not at all hard to believe given the news...