The 7 percent unemployment rate accompanied a gain of 203,000 jobs
A Needham & Co. report estimates that most cable TV channels would vanish if consumers could—as they say they'd prefer—spend $30 monthly on 15 to 20 channels
Challenges to patents, transparency for demand letters, and litigation fees are crucial
It has cut a deal with the country's top wireless carrier, China Mobile
Rising property values spark a return to lavish renovations
Jeff Bezos's plan to deliver packages via unmanned aerial drones is crazy—which means you shouldn't bet against him
After selling out 5,000 designer Starbucks cards in six minutes last year, Starbucks is offering a mere 1,000 of them at noon on Friday
Northwestern's Kellogg School of Management reclaims the top stop after a two-year absence
Immigrant entrepreneurs and companies with intellectual property are more likely to hire
Santa Clara, Calif.
Founders: Dr. Hemant Thapar, Dr. Alfred Yeung, and Reza Norouzian
VC Investment over the last four quarters: $22 million
Founded in 2004, this 88-person company develops and manufactures custom chips for peripheral data storage devices. As a result of the recession, Link_A_Media expects slower demand of some of its customer products but says that customers who want inexpensive, higher-storage capabilities will be interested in its technology, which will position the company well when the economy stabilizes. As a result, its engineering activities have increased and the company is hiring. The company projects revenues of $30 million in 2009 and $100 million in 2010.
Key to startup success: "As a startup, do not fantasize about getting business unless you are able to help customers ... [and] convey sincere empathy [when] solving customer problems."