Booting Up: Tim Cook Would Like You To Know That Everything is Fine

"Everything's fine." - Mr. Cook (Photo:

“Everything’s fine.” – Mr. Cook (Photo:

BlackBerry is going to eliminate 40 percent of its staff by the end of the year as it morphs into a juice bar. [Wall Street Journal]

Two Myspace alumni are learning what it’s like to work for successful tech companies. [New York Times]

“I don’t feel euphoric on the up, and I don’t slit my wrists when it goes down,” says Tim Cook in a, uh, revealing interview about Apple’s stock price and the state of the company. [Bloomberg BusinessWeek]

YouTube gaming network Machinima is cutting 10 percent of its staff. [AdWeek]

Netflix, which has been riding the wave of good news lately, is actually shutting down a DVD distribution center in Montana. [The Montana Standard]