Glu Mobile

Companies from across the mobile app landscape continue to discuss the possibility of mobile "real-money gambling" in the United States as if it could instantly reverse revenue declines and immediately stimulate the hotly contested application industry. However, right now there's little indication that real-money gambling is anywhere near becoming a reality here--but that hasn't stopped some of the market's biggest players from seeking a toe-hold in the space.

Glu Mobile said it would cut 12 percent of its workforce, or around 67 employees. The actions will leave the company with around 564 employees. However, Glu said the job cuts are part of an effort to centralize and streamline the production of games, and the company continues to hire new employees in specific functions. As a result, Glu said it expects to end 2013 with 580 employees.

How did the wireless industry perform in the first quarter  quarter of 2013? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.

If you're reading this on Thursday morning, that means you haven't already abandoned all pretense of work in favor of shifting your full attention to this year's NCAA Men's Basketball tournament. I commend your dedication.