GM to add 1,500 information tech jobs in Michigan

DETROIT, Mon Oct 8, 2012 – General Motors Co. said on Monday it will create 1,500 jobs at a new software development center in Michigan as part of the U.S. automaker’s previously announced plan to shift information technology work back into the company.

GM said it will hire the software developers, database experts, analysts and other IT positions over the next four years for the office in Warren, Michigan. It is the second of four software development centers GM plans to open, following one it announced last month in Austin, Texas.

In July, the Detroit automaker said it would reverse years of outsourcing IT work. GM now outsources about 90 percent of its IT services and provides the rest in-house, but it wants to flip those figures in the next three to five years.

The IT overhaul is spearheaded by GM Chief Information Officer Randy Mott, who outlined the plan to GM’s 1,500 IT employees in June. The former Hewlett-Packard Co executive believes the moves will make GM more efficient and productive.

GM, which has not disclosed the cost or savings of its strategy, plans to cut the automaker’s sprawling list of IT applications by at least 40 percent and move to a more standardized platform. GM will also simplify the way it transmits data.

Dish Network adds more subscribers than expected

MERIDIAN, Col., Mon May 7, 2012 – Dish Network Corp., the second-largest satellite TV company behind DirecTV, added more subscribers than expected in the first quarter after holding the line on prices for its programming packages.

Dish, whose shares rose 1 percent in premarket trading, added a net 104,000 subscribers during the quarter, topping analysts’ average estimate of 62,000, according to StreetAccount data. It was Dish’s second quarter in a row of subscriber growth, after shedding about 250,000 subscribers during the second and third quarters of 2011.

The company’s churn rate, or rate of cancellations, decreased to 1.35 percent compared to 1.47 percent for the same period in 2011, when it raised prices, Dish said on Monday.

“It’s a challenging environment with increased pricing pressure but you are seeing Dish execute better than last year,” said Brean Murray analyst Todd Mitchell.

Dish’s first-quarter net income fell to $360 million, or 80 cents a share, from $549 million, or $1.22 a share, a year earlier. A year ago, it had the benefit of $340 million in a reversal of expenses related to its legal settlement with TiVo.

Revenue rose 11 percent to $3.58 billion, narrowly missing analysts’ expectations of $3.6 billion, according to Thomson Reuters I/B/E/S.

Dish has spent nearly $3 billion on wireless spectrum and assets in the last year as it seeks to diversify its business beyond satellite pay-television.

Dish said it needs an approval from the U.S. Federal Communications Commission before it can enter the wireless market.