Items tagged with bill

Advanced Micro Devices, Inc. to Offer $1.8 Billion of Convertible Senior Notes SUNNYVALE, Calif. - April 23, 2007 - Advanced Micro Devices, Inc. (NYSE:AMD) today announced its intention to offer, subject to market and other conditions, $1.8 billion aggregate principal amount of Convertible Senior Notes in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Under certain circumstances, the notes are convertible into cash up to the principal amount and into shares of AMD's common stock with respect to any conversion value above the principal amount. The interest rate, conversion price and other... Read more...
Intel First-Quarter Revenue $8.9 Billion Operating Income $1.7 Billion EPS 27 cents SANTA CLARA, Calif., April 17, 2007 – Intel Corporation today announced first-quarter revenue of $8.9 billion, operating income of $1.7 billion, net income of $1.6 billion and earnings per share (EPS) of 27 cents. The results included the effect of a $300-million reversal of previously accrued taxes that increased EPS by approximately 5 cents. "The strong momentum of our industry-leading Intel Core microarchitecture product family, combined with ongoing structural cost improvements, delivered solid financial results in the first quarter,"... Read more...
You've already read five hundred articles announcing the death of the music CD business. You'll probably read five hundred more. Slate examines the music obituary page, and determines it's just the people that want to sell you an overpriced disc filled with music you don't want from a store with huge overheads that are holding the lilies. There's plenty of money for people with an up-to-date approach to retail. Legacy music retailers and manufacturers now face many of the same difficulties as American auto companies. They built a business infrastructure - national chains, huge outlets in high-profile locations, layers of management - predicated on selling massive and... Read more...
The case is long from settled, and there will likely be a littany of appeals and countersuits, but Alcatel-Lucent won the first round in their legal battle against Microsoft and has been awarded a $1.52B (that's Billion) settlement. "A U.S. federal jury found that Microsoft Corp. infringed audio patents held by Alcatel-Lucent and should pay $1.52 billion in damages, the No. 1 software maker said Thursday. Microsoft said it plans to first ask the trial judge to knock down the ruling and will appeal if necessary. It said the verdict is unsupported by the law and that it had already licensed the technology in question from Germany's Fraunhofer."... Read more...
Now this is my kind of stuff. Earlier in the week we reported on Apple's new ads attacking Vista and the PC in general. It's Microsoft's turn to throw a few stones, and the company's leader himself has some things to say about Apple's assertions... Are you bugged by the Apple commercial where John Hodgman is the PC, and he has to undergo surgery to get Vista? I've never seen it. I don't think the over 90 percent of the [population] who use Windows PCs think of themselves as dullards, or the kind of klutzes that somebody is trying to say they are. How about the implication that you need surgery to upgrade? Well, certainly we've done a better job letting you upgrade... Read more...
People like to complain about PayPal and other online payment methods. People also like to complain about Bill Gates. But they will build a shrine to the guy if he manages to slash credit card fees by pioneering micropayments on the web. Because he's not gunning just to make PayPal obsolete; he's going for the big dogs, too: MasterCard and Visa. Speaking at the World Economic Forum in Davos, Switzerland, Bill Gates indicated that Microsoft was looking into finding a way to make so-called micropayments a reality online. And to make it a reality, Gates noted that traditional credit card fees would need to be undercut, and severely. See,... Read more...
Intel Fourth-Quarter Revenue $9.7 Billion Operating income $1.5 billion EPS 26 cents Record microprocessor and flash unit sales Record mobile and server microprocessor revenue SANTA CLARA, Calif., Jan. 16, 2007 - Intel Corporation today announced fourth-quarter revenue of $9.7 billion, operating income of $1.5 billion, net income of $1.5 billion and earnings per share (EPS) of 26 cents. Excluding the effects of share-based compensation, the company posted operating income of $1.8 billion, net income of $1.7 billion and EPS of 30 cents. Fourth-quarter results included a gain from the sale of certain assets of the company's communications and application processor business to Marvell Technology... Read more...
Verizon is burying FIOS lines to houses as fast as they can for their customers on the Northeastern seaboard. And they're beginning to offer download speeds that just might make their investment in broadband service infrastructure pay for all that digging --up to 50 megabits per second: Hungry for broadband content, I noticed that Verizon shrewdly rented space next to the press room, also known as the feed lot. Its exhibit displayed all the services and content available thanks to its ridiculously fast Fios fiber-to-the-home broadband service. It starts at $40 per month for 5.2 megabits per second, but it can go as high as $179 a month... Read more...
Intel was wandering around the world with a billion dollars burning a hole in their pocket, looking for a place to build a semiconductor factory. My, how times have changed. Intel could have selected any country to build its largest chip assembly and testing plant. But the world's biggest semiconductor company decided to make the $1 billion investment in a relative newcomer to the high-tech game - Vietnam. Intel announced earlier this month it would more than triple its initial investment to expand the planned factory in southern Ho Chi Minh City from 150,000 to 500,000 square feet. It is expected to begin operations in 2009 and could employ... Read more...
SAN JOSE, Calif. - (BUSINESS WIRE) - November 2, 2006 - "Worldwide sales of semiconductors in September once again achieved a new high as electronic equipment manufacturers geared up for the fourth-quarter holiday season," said George Scalise, president of the Semiconductor Industry Association (SIA). "Global chip sales rose to $21.4 billion, an increase of 9.3 percent from September 2005, and a 4.2 increase from the $20.5 billion reported in August 2006. Strong demand for consumer products, including cell phones, MP3 players, and personal computers were major drivers of increased chip sales." Global semiconductor sales in the third quarter of 2006 were $64.1 billion compared... Read more...
Here's one for the "Blast from the past" department.  Well, at least the name of the company is a blast from the past.  Current CEO of Amiga Inc., Bill McEwen, has been interviewed by the folks at the TempleOfTech.  He answered questions about the state of the next AmigaOS and even talks about running it on the Cell processor... "The saga of the Amiga continues.. Amiga Inc, thought to be dead after stopping all communication with the Amiga community, have reappeared. The long spell of silence was broken when they answered 25 questions from the readers at Amiga.org. In the answers, the CEO of Amiga Inc, Bill McEwen... Read more...
Daniel Gross at Slate.com has an interesting look at the rush by big, established internet companies and others to buy social networking sites - for big money.  Me, I still can't get used to typing the words "Big, established internet companies" without thinking of Pets.com or Duke Nukem vaporware: The "social-networking" gold rush continues. Last year, MySpace was acquired by News Corp. for $580 million in cash. Now the other big social-networking sites are the subject of rumors, deals, and transactions. Yahoo! was interested in acquiring Facebook for $1 billion, but the company's youthful founders are holding out for more.... Read more...
A new bill that passed 410-15 in the U.S. House of Representatives could soon spell the end to chat room use on public terminals, like ones found in schools in libraries. The bill is a response to the increasing threat of child predators on sites like MySpace. The problem with the bill though, is that it's a bit vague in its wording, and could be interpreted to mean the barring of any site that a personal profile can be made on (such as hardware forums). So, is it a well thought out bill that will protect children using the internet, or a knee-jerk reaction to a problem that's been around before Myspace was even here? "Even though politicians apparently meant to restrict... Read more...
Not content with his work at Microsoft, Bill Gates has decided to step away from the day-to-day operations at Microsoft, and devote more time to his charitable foundations. He will still hold a part-time job at Microsoft, but will work full time for the Bill and Melinda Gates Foundation. "I believe with great wealth comes great responsibility - the responsibility to give back to society and make sure those resources are given back in the best possible way, to those in need," he said. Gates added, "It's not a retirement, it's a reordering of my priorities."  ... Read more...
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