SiliconBeat

I’m in Vegas at the Consumer Electronics Show. Today is press day, where there is a series of press conferences from 8 a.m. until around 6 p.m.

I’m live-blogging/Twittering throughout the day. You can read my latest observations below.

Netgear became the latest Silicon Valley public company to announce it will cut salaries for its executives. On Tuesday, the company’s board of directors approved a “temporary 10% reduction in the annual base salaries of all full time senior managers at the vice president level or above including the Chief Executive Officer, Chief Financial Officer and other Named Executive Officers,” according to a filing the company made Thursday.

News of the pay cuts was filed the same day the company Read the rest of this entry »

Netgear, the San Jose supplier of networking gear targeted for use by consumers and small businesses, pulled back its guidance for sales in its recently completed third quarter by about 15 percent, but says its operating margin — adjusted for some special items — will actually be higher. Huh? Read the rest of this entry »