Roundup: Ma.gnolia, Red Herring, Microsoft spy and Japan have a bad week, and more

Sat, Jan 31st, 2009

Here’s the latest action:

Google Toolbar gives Firefox a taste of Chrome - Toolbar now offers personalized "new tab" pages with thumbnails of favorite and bookmarked sites in Firefox.

Bill Gates, Debbie Downer of Davos - The Microsoft founder predicts the economic downturn will last four years, says the Bill and Melinda Gates Foundation has lost a fifth of its value.

Ma.gnolia crashes and burns (and not even because of the economy) - The bookmark sharing web site lost its primary bank of user data and its backup in what Wired’s blog has called a "catastrophic" failure. Ouch.

Hitachi caps off lousy week for Japan - The company forecasts a $7.8 billion loss, the biggest ever for a Japanese manufacturing company.

Even more bad news for newspapers - Printing the New York Times costs twice as much as it would to send every subscriber a free Amazon Kindle, according to a Silicon Alley Insider.

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