paidContent - paidContent Quick Hits: 7.29.09
This story was written by Alex Ferreyra.
» Microsoft (NSDQ: MSFT) is going on a spending “diet” after watching costs balloon and the bottom line sink; it is likely to involve cutting some programs and employees. [Bloomberg]
» Facebook responds to rumors that ads being run on its Platform ad network can upload user pictures at the advertiser’s discretion. [Inside Facebook]
» Sam Zell says that the Tribune Company could exit Chapter 11 bankruptcy by the end of the year. [E&P]
» Thanks to the poor overseas performance of Monsters Vs. Aliens, Dreamworks Animation took a 7% dip in revenues during the second quarter. [LA Times]
» Twitter’s redesigned home page, which plays up its search function and give more tips to newbies, is now live. [Twitter Blog]
» About 100 AP staffers are taking voluntary buyouts. [E&P]
By Alex Ferreyra