Real Networks Hands Out 100 Pinks
Real Networks has provided some early holiday cheer, for their accountants that is, by handing out pink slips to a 100 employees. Real labeled the job cuts as “designed to shed redundancies,” according to reports, but we all know what that means. About 35 of the “liberated” employees came from the Seattle office, while the rest worked in Europe and Asia.
Napster CFO Gangwani Resigns
Napster has announced that Nand Gangwani has resigned as vice president and chief financial officer effective at the end of the calendar year. Mr. Gangwani has been commuting from his home in the Bay Area to Los Angeles for the last four years and has decided to step down for personal reasons. Suzanne M. Colvin, Napster’s vice president finance, and corporate controller, will serve as the Company’s interim chief financial...
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