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

BlackBerry is going to eliminate 40 percent of its staff by the end of the year as it morphs into

"Everything's fine." - Mr. Cook (Photo: News.au)
“Everything’s fine.” – Mr. Cook (Photo: News.au)

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]

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

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