Digital video recording pioneer TiVo and microchip-equipment maker KLA-Tencor on Tuesday became the latest in a growing list Silicon Valley companies to shed jobs. KLA-Tencor said it would cut its workforce by 15 percent, or around 900 jobs, as it moves to weather the economic downturn. TiVo said in a regulatory filing that it will cut an unspecified number of positions in a move to reduce expenses.

continue reading.....

Dell, struggling to recharge its lineup of consumer product offerings, indicated Monday that a digital music player is not in the computer maker’s near-term plans despite speculation that such a product is in the works. The company said in a blog posting that its digital entertainment strategy “has never been about a music player.”

continue reading.....