Items tagged with fund

A tweet deal for Twitter? Well why not, as they've managed to snag another round of financing.A source familiar with the negotiations tells me that Twitter signed a term sheet for "either $15 million or $20 million" last week. We're still trying to find out who is in, but the word is that it's largely an inside round of funding with one outsider setting the price.On Friday, Valleywag reported that the company was trying to raise a third round of venture funding."There's a lot of interest in the company," says my guy, who is still scratching his head about future business models for Twitter. "It's... Read more...
Yesterday, news broke regarding Microsoft and Intel launching parallel research centers at UC Berkeley and the University of Illinois at Urbana-Champaign to investigate way to accelerate developments in mainstream parallel computing.  And today, we've posted some details and commentary on the subject over at HotHardware.  Here's a snip from the piece... "Even today, writing software able to take advantage of multi-threading is notoriously difficult. In order to help drive the development of the tools and threading-aware applications, Microsoft and Intel are together awarding the University... Read more...
It's no secret that the days of procuring performance exclusively through faster clock speeds are over. The current crop of multi-core server, desktop, and mobile CPU designs are a dead giveaway that processor vendors like Intel are instead looking to increased parallelism as the facilitator of more computing horsepower. The problem, according to David Patterson, professor of computer science at UC Berkeley, becomes one of scheduling and balancing workloads across multiple sets of processing resources, so that you can truly get more performance out of those threaded designs. If an application is... Read more...
It sort of makes sense, since Google recently paid NASA $1.3 million just to be able to land their jet at NASA's Moffett Field.  Google is funding a $30 million dollar prize for a privately developed moon rover.The Google Lunar X Prize, announced today by the search-engine giant and the X Prize Foundation at the Wired NextFest in Los Angeles, ranks among the richest contests ever offered for technological innovation. It follows up on the $10 million Ansari X Prize for manned spaceflight, which was won nearly three years ago by the SpaceShipOne rocket plane.The new prize calls upon teams to create... Read more...
Hey folks, it's late but I know some of you are looking for a good read before bed. For those of you who are still a little cautious of Nvidia's SLI, HardOCP takes a look at what Nvidia has done lately to improve support for it's crown jewel of performance enhancing technology. Good night all :) Fundamentals of Upgrading a PC @ PCstats "Every year or so, there is a must-play game which demands more processor speed, a faster graphics card, more RAM, etc. Once you have got the idea of upgrading into your head, the next step is to figure out how to go about it. This article is intended to help... Read more...