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PaidContent brings the news that, according to anonymous sources, Crain Communications Inc.is laying off off 150 staffers. Salaries for all remaining staff will be cut by 10%. Crain Communications is a publisher of over 30 business trade magazines, including TelevisionWeek, Advertising Age, Modern Healthcare, and AutoWeek.

Station Casinos Inc said in a court filing it plans to file for bankruptcy on or before April 15 as part of an attempt to reorganize its debt.

One of the world’s largest casino operators said it can’t guarantee it will makeenough cash to meet its debt payments.

Harrah’s said it may have to sell assets if it can’t get enough cash to pay off more than $23 billion in debt.

The company also said it may have to try to restructure the heavy debt [...]

Micro blogging website Twitter has quietly started to roll out text advertising formats on the right hand side of the profile page, currently [...]

As job prospects dwindle in labor markets around the country, plucky entrepreneurs don’t appear to be waiting as long for the sound of opportunity’s knock. A headline in The New York Times over the weekend read: “Weary of Looking for Work, Some Create Their Own.”

And so it is that a husband and wife team in [...]

I think privacy is a very important issue that often is given short-shrift… but I’ve never been able to understand some of the positions staked out by the Electronic Privacy Information Center (EPIC), who seems to have decided long ago that even if people are making a conscious choice, that anything that puts their privacy [...]

iPhone 3.0 was launched at Apple’s headquarters in California yesterday, with a slew of new features. Scott Forstall, Apple’s iPhone software senior vice president, headed up the announcement in Steve Jobs’ absence. Here’s a run through of that presentation.

-Silicon.Com

 
The World Bank has slashed China’s economic growth forecast to 6.5 percent in 2009 but said the Asian giant was resisting the global economic firestorm with solid fundamentals.

“As the global crisis has intensified, China?s exports have been hit badly, affecting market-based investment and sentiment, notably in the manufacturing sector,” the World Bank said in [...]

Politico has a new major competitor…

New Media is about to meet Old Media. But not in the way you’d think.

AOL is about to launch a politics site, hiring well-respected political journalists to do reporting and analysis, and thus moving the Time Warner division more aggressively toward becoming a producer of traditional news. 

 -From The Wrap

Glenn Hutchins, the co-chief executive of the technology investment firm Silver Lake Partners, has taken ahard look at the financial crisis and some steps that could lead the economy out of it.

In an article for Fortune magazine, Mr. Hutchins shares the widely held belief that the collapse of Lehman Brothers in September was “the catalytic [...]

Asus has made a name for itself as the hot manufacturer of netbooks, the increasingly popular, tiny laptops that cost around $300. But the company isn’t stopping there.

This week, I tested Asus’s (usa.asus.com) first entry into the all-in-one PC category: the Eee Top. All-in-one computers like Apple Inc.’s iMac save space by building in a [...]

Primus Telecommunications Group Inc. and its three affiliated holding companies filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the District of Delaware Monday.

The eye-popping national debt surpassed $11 trillion Monday, the largest in U.S. history.

The new Treasury Department figures on the national debt were released as the non-partisan Congressional Budget Office is expected to project that the annual budget deficit will be higher than previously estimated by the White House’s Office of Management and Budget. The [...]

My grades on Twitter are much better than my Ole Miss days. My Twitter grade  is 99.6 and I rank 7,769 out of 1,659.,988 users on Twitter.

Although it came out of beta last December, Google’s Chrome browser has a new beta version that is faster than its “stable” version (and buggier too). Starting today, Google will be developing its browser along three parallel tracks: a stable version for mainstream users, a developer track for the programming crowd, and the new (or [...]

Facebook is developing a serious case of Twitter envy. It’s not hard to see how the popularity of Twitter is influencing Facebook’s attempts to remold itself and adapt to the web’s changing social network landscape.

 Donations to The Salvation Army’s iconic red kettles set a new national record of $130 million in 2008, surpassing the previous record of $118 million set in 2007. The $130 million raised represents a 10 percent growth in donations year-over-year – the largest one-year jump since 1997….

This year we reacheda new generation of donors we’ve [...]

That “Twitterview” was a little weird.

Watching questions from George Stephanopoulos (@GStephanopoulos) [...]

Jackson-based SmartSynch has inked a deal with AT&T Wireless to market the the company’s smart grid products to AT&T clients.

SmartSynch, which launched operations in 1998, has technology that allows more than 100 utility companies to use wireless technology to monitor meters

FierceMobileContent has a look at cellular pioneer Craig McCaw’s new startup which will feature near real time broadcasting.

Craig McCaw’s Eagle River holdings is taking a plunge into the broadcast video realm with a new startup called 1Cast.  The firm, which launches today, will deliver near real-time news clips from content partners CNBC, the Wall Street Journal Digital [...]

From StartupWatch:

As part of each week’s Startup Report, Mass High Tech highlights five startup companies, and their business goals, that are profiled in the New England Tech Directory.

Newspapers might be dying, but does it matter? Here’s what journalism 2.0 looks like: Spot.us is crowd-funded news for the masses, ReportingOn is Twitter for journalists, Everyblock is ultra-hyperlocal and Connectifyed tells us it’ll analyze our social networks. posted by nospecialfx at 4:43 PM

From GigaOM: As expected, Dell today releases the Adamo notebook PC, its entry into the high-end ultra-thin market dominated by Apple’s Macbook Air.

On the surface, bringing out a $2,000 “fashion” laptop in the middle of a difficult economy may seem like a mistake. Dell’s taken a huge hit financially, and many industry watchers say Dell [...]

It is a dirty little secret. Clean Tech investing is supposed to be the panacea of Silicon Valley and the balm to salvage the bankrupt U.S. economy. Well, it isn’t quite what it seems. There is a scarcity of funds to commercialize all of those renewable energies and the companies developing them. Only the [...]

The days of pushing a doctor’s handwritten prescription across a pharmacy counter could be numbered.

If the University of South Florida gets its way, physicians across the Tampa Bay region soon will say goodbye to prescription pads. Patients will never again squint to decipher a scrawled drug name or dosage.

Instead, doctors will e-prescribe, transmitting with the [...]

From SFGate: As a young reporter in New York City, hustling for work after getting a 2007 master’s degree in journalism from Columbia University, David Cohn was often frustrated with the publishing industry.

“Freelancing is such an antiquated system,” says Cohn, 26, sitting in his Mission District studio apartment, which doubles as an office for his [...]

Stealthy 33Across, a startup that uses an algorithm to identify which online users are the most influential of others’ behavior, announced that it raised $750,000 of an expected $1.5 million in second-round funding, according to peHUB. The New York-based company, which also lets its clients target messages to these users, says its platform “enables performance [...]

Tulsa-based Syntroleum Corporation said Monday it received down payments of $13 million for technology transfers related to various technical agreements.

The company now believes it has sufficient cash to fund ongoing operations and its share of the remaining equity required to complete its Dynamic Fuels facility in Geismar, La., which is a joint venture with Springdale-based [...]