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Second Life Owner Linden Lab to Lay Off 30% of Its Workers

Linden Lab, the owner of virtual world pioneer Second Life,is cutting 30% of its workforce, the company announced Wednesday. The privately held company, once a closely watched IPO candidate, has been struggling to attract more consumers to its virtual shores and enticing them to stay.

Hooray for Hollywood and
the U.S.?

Observers are bracing for the revenue avalanche that 'Avatar' will generate in its third weekend onscreen -- even as they debate the movie's effect on their industry, and what if anything it may augur for the national economy and employment rates.