Unhappy holidays are ahead for 8 percent of Adobe's workforce. That translates to 600 full-time employees who, instead of receiving a Christmas bonus, will instead be handed a pink slip.
The news comes amid lackluster fourth quarter earnings, which the company said would be between $912 million to $915 million, less than the $925 million to $955 million from its previous outlook. It's also less than what Wall Street was predicting, which had the company pegged to pull in $930 million.
Adobe blamed the situation on weaker than expected demand for its Creative Suite 4 (CS4), calling it "the main cause for the shortfall in fourth quarter revenue." It all leads to restructuring for Adobe, and the company said it would take $44 million to $50 in pre-tax charges.
But Adobe has its work cut out for it, as 2009 doesn't look to be shaping up any better. The company is currently projecting revenue for Q1 2009 to be between $800 million to $850 million. Meanwhile, Wall Street had predicted the company would fare a bit better to the tune of $846 million to $1.02 billion.
AMD looks poised to kick off 2009 with a bang. Earlier this week, rumors surfaced of an updated CPU roadmap for the chip maker, which showed the suits in Santa Clara gearing up to release six new Phenom II X4 processors, along with various Athlon-branded chips. According to DigiTimes, AMD also has a few new chipsets on tap for the new year.
On the lower end, AMD will release its 760G chipset, an entry-level IGP part based on the RS780 architecture. DirectX10 and Shader Model 4.0 will both be represented in the760G, but noticeably absent will be the company's Unified Video Decoder (UVD), Hybrid CrossFireX technology, and HDMI and DisplayPort connectors.
A bit higher on the performance scale will be AMD's 790FX and 790GX IGP chipsets, both of which will support AM3 and the SB750 southbridge. Later in the year, AMD will introduce its RS880 IGP chipset, followed by the RD890 in September.
Judging by the reader comments in past news blurbs regarding bandwidth caps, the general consensus appears to be that they suck, regardless of the limit being imposed. Not only have opponents attacked the concept of a set cap, but many of you voiced concerns over the inability to track your internet usage to know when you're approaching the newly imposed GB ceiling. Come January, that's going to change for some customers.
According to DSLReports, Comcast will start offering its subscribers a bandwidth usage meter, possibly by the first week in January. However, Comcast is being careful not to commit to a set date, saying it will first test the meter out with an employee trial.
"When that testing is complete, we plan to launch the meter to all of our high-speed Internet customers, said Comcast spokesperson Charlie Douglas. "It will be available for free via a customer's Comcast.net account and it will enable them to very easily keep track of their aggregate data usage each month."
Would a free bandwidth meter make the 250GB easier to swallow? Hit the jump and sound off.
Welcome to the latest installment of Disappointment Theater -- starring Your Life. Today's guest star: Grand Theft Auto IV! Wrecking one of the year's best games definitely seems like an impossible task, so read on and be astonished.
According to Steam's fuming masses, as well as gaming site Shacknews, GTA IV's creepy crawlies are all over the place. Topping players' lists of things not to be thankful for, however, are missing textures (apparently caused by corrupt graphics drivers) and the ever-popular crashing bug, which can potentially keep you from even loading the game at all.
Fortunately, one intrepid Steam user has tossed together a forum thread outlining all known issues and possible fixes, so as a (highly prestigious) reward we're putting his name on the site. Thanks, Ramzy!
Additionally, while it's not exactly a bug, the majority of wannabe-crime lords are being forced to run their game of choice at low graphical settings -- a complaint to which Rockstar has issued a response:
"Higher settings are provided for future generations of PCs with higher specifications than are currently widely available," claimed the developer.
Rockstar also released a statement promising that it'll unscrew this pooch as quickly as possible.
So, unless you want to pay $50 for a glorified beta test, wait a couple weeks before taking the plunge.
Ken Levine's latest dive 'n' demolish may have sold a gajillion of its umpteen-rapscillion units on consoles, but the brainy developer's true colors show right through his newfound wall of green. So, though it may be irrational, Levine is a PC man through and through.
"I wish the industry could find a way to make PC gaming more broadly successful. There are so many challenges for PC gaming--the complications from systems specifications to the drivers--most people look at PC games and say, 'What are you talking about?'" Levine replied when asked about his opinion on the industry's "biggest mistake."
"It's a shame because as a gamer, I am never more comfortable than I am sitting with a mouse and keyboard two inches away from my monitor."
Seems like a bunch of developers echo that sentiment -- which is great -- but can anyone other than Valve and Blizzard actually do something about it? What's your take?
Those of you that use Google Desktop know it’s capable of some pretty cool things. It’ll quickly search all the information on your computer, check the weather in your location (looking outside is so 1990), and now you can even check your Gmail – all right from your desktop.
The new gadget, released just this week will allow you to read, send, search and star your email messages from your desktop. It’ll also link up with your Gmail account’s contact list and auto-complete anyone you might be trying to send email to. It should also be noted that it’ll only take up as much screen real estate as you want it to. You can resize the window to show as many or as few messages as you want.
If you’re new to Google Desktop, they’ve included this gadget in the latest download available right from Google. If you’re already a user, be sure to check out the gadgets page to download it. Either way, it’s pretty snazzy and worth checking out!
Apple is finding it extremely difficult to avoid being in Greenpeace’s cross hairs. Nearly a year ago, Greenpeace branded the iPhone as “toxic”. Now, the organization has flayed Apple’s pompous claim that its Macbook line of notebooks are the greenest there are.
The Macbook range of notebooks scored a highly disappointing 4.3 out of a possible 10 points on the organization’s green index. Greenpeace did laud Apple, though very frugally, for doing away with bromide flame-retardants and other toxic plastics. But it clearly believes that Apple should take more steps to substantiate its towering claims.
Greenpeace has put the ball in Apple’s court by asking it “to commit to phasing out additional substances with timelines, improve its policy on chemicals and its reporting on chemicals management.”
Configuring your next BMW isn't as easy as touching a table yet, but in the near future, it probably will be. BMW has released a video of its prototype BMW Product Navigator (aka BMW Konfigurator), which is powered by Microsoft Surface and designed by Vectorform, which created the interactive 2008 election map used by MSNBC.
As with the 2008 MSNBC project, Vectorform's BMW Product Navigator uses Microsoft Surface to manipulate video that is then shown on an HDTV. With the BMW Product Navigator, you place chips representing product options on the Microsoft Surface tabletop computer, and the changes you make affect the BMW shown on the video screen. And, just so you can make sure you're buying the Bimmer you want, Product Navigator can email you your custom configuration, print it, or copy it to a USB flash memory drive.
What do you think about the idea of gesturing your way to the car of your dreams? Is this the best way to use Microsoft Surface? For your chance to answer these and other burning questions, join us after the jump.
According to a blog post by Bob Familiar, an Architect Evangelist with Microsoft, the Windows 7 Beta 1 will be available at the upcoming MSDN developer conference. Said conference will take place from December 9th to February 19th.
In the post, familiar writes, “attend an upcoming MSDN Developer Conference and you will receive a Windows 7 Beta 1 DVD.” It hasn’t been made clear whether or not this means that attendees will receive the disc after or during the conference, but it has been confirmed by other Microsoft employees that the beta will be available.
One such confirmation comes from Keith Combs, who has stated that the DVDs will be available on January 13th. This places it right in time for this year’s CES, and mounts for an even grander unveiling at the trade show.
It's hard to fathom anyone using a netbook as their primary PC. There's only so much you can do with an under-powered ultraportable ill-equipped to run Photoshop, let alone try to attempt any kind of gaming. But as a secondary unit, the pint-sized PCs have proven extremely popular. Is there potential for netbooks to be even more?
Nvidia this week reiterated interest in the mini-laptop market, however hesitant the company might be. Taking a wait-and-see approach, Marv Burkett, the company's chief financial officer, said "we're not saying we're not interested; it's a matter of how the market will evolve." Ironically enough, Nvidia jumping on board might be just the evolutionary step the netbook market needs.
Hit the jump to find out what impact Nvidia coudl have on the netbook market, and why you should care.