A Pew survey back in 2006 showed what Americans felt were their necessary luxuries (car, TV, air conditioner, computer). That survey was recently re-done, and tech showed surprising strength despite the economy.
IBM has begun notifying employees that layoffs or “resource actions” are coming. All in all, some 5000 employees, mostly from the Global Business Services division will be affected. [Digital Daily]
Sony Ericsson, the world’s 4th biggest handset maker, has reported a titanic sales decrease of almost 50% in just a few months. This is a bad thing, you see.