HP to cut 840 manufacturing jobs in Scotland

HP are to cut 843 manufacturing job at its plant in Erskine, near Glasgow. Some local MPs have reacted angrily to the news, suggesting that there could be a possible backlash.

http://news.bbc.co.uk/1/hi/scotland/glasgow_and_west/8071596.stm

New PC World ad in the UK

Please see below the new PC World ad which dropped last night in the UK during the Champions' League Final on ITV1. This represents a much more brand-focused execution than what we have seen in previous months. There is also a celebrity appearance from Christian Slater at the end.

Sony reports first loss in 14 years

Sony have reported a 1.4billion dollar loss for the year ending in March after being hit by a sharp drop in sales, the BBC reports. However, the loss was not as great as Sony had forecast.

http://news.bbc.co.uk/1/hi/business/8049323.stm

HP cuts outlook and jobs

PC giant HP are to cut 2% of its workforce after a 17% drop in quarterly profit. In the quarter ending 30th April the company's revenue fell 3%, with a reported 13% drop desktops and  24% in laptops. The company have also introduced a staff pay cut of 5% as a cost-cutting measure.

http://money.cnn.com/2009/05/19/technology/hp/index.htm?postversion=2009051918

Spotify outlines expansion plan

Spotify, the online music service, is planning to launch a mobile version and launch in the US, the BBC reports. The company are also in the process of developing an iphone application. It also plans to partner with lastfm in order to supply its listeners with song recommendations.

http://news.bbc.co.uk/1/hi/entertainment/8052917.stm