Macalua.com

Retail Traffic Shrinking?

This is too painful to hear. Hitwise is reporting that “U.S. visits to online retail Web sites have declined for the eighth consecutive week”. According to the report, US visits to a “custom category of 500 retail websites declined 3 percent for the week ending Oct. 25, 2008, compared with the same week the previous [...]

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Yahoo to cut 10% of workforce

It’s always sad to see this happen to anyone. Yahoo Inc. said Tuesday that it would lay off at least 10% of its workforce over the next few months as it grapples with the deepening economic crisis, continuing the Internet pioneer’s tough run since it spurned a buyout offer from Microsoft Corp. this year. About 1,500 employees [...]

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