Items tagged with Economy

We've got two tidbits from Intel to close out the work week, and being that each is relatively minor, we figured we'd cover 'em both simultaneously. First off, the chip maker has bucked the growing trend of bucking dividends entirely by declaring a 14 cents per share quarterly dividend on the company's common stock. The news comes on the heels... Read more...
The New Millennium Research Council has bad news and good news for the cell phone industry.The bad: Millions of cell phone users in the United States may cut back or cancel their service altogether if the economy continues to tank (OK, they didn't phrase it so bluntly, they said, "if the economic downturn continues as expected").The good:... Read more...
It’s no secret that businesses and consumers are looking for ways to cut costs. In recognition of this, Lenovo is releasing two new desktop PCs designed to lower total cost of ownership. The ThinkCentre M58e and A58 desktops start at just $399 and run more coolly and quietly than previous ThinkCentres. What’s more, the ThinkCentre M58e meets... Read more...
While many of its competitors are burning through cash surpluses and trying to weather the rough economic situation, Google Chief Executive Eric Schmidt says the company intends to let its cash “pile up” as his company weathers the recession. While some stockholders may have hoped for a dividend, Schmidt further revealed that Google hasn’t... Read more...
It's the end of an era, so to speak. With Sony suffering a Q4 that even the most bitter rival wouldn't wish on its competitors, the company has seen fit to shut the doors on its US flagship PlayStation store in San Francisco, California. With company sales in the dumps and some 16,000 Sony jobs already on the way out, the corporation has decided... Read more...
Vizio showed up in style at CES 2009, and we're not just talking about the HDTVs it brought along. The company's balance sheet is looking about as healthy as any outfit's could possibly look these days, with it using momentum from the third quarter of last year to propel it right past Sony in Q4. No need to check your set -- we really just... Read more...
Talk about cutting it close. Just as many pundits were expecting the recently united Sirius XM to file for bankruptcy today as it stared down a huge loan payment, John Malone's Liberty Media has swooped in to save the day. The company, which just so happens to be the parent of DirecTV, has signed a last minute agreement that will prevent the... Read more...
Oh, how the mighty have fallen. Just months after sat radio powerhouses Sirius and XM merged, the singular entity is teetering on collapse. The company (and formerly, companies) have always been pretty strapped for cash, but it appears that its leverage has almost expired. According to a recent report from the Associated Press, it's expected... Read more...
It's like a boy taking the training wheels off for the first time. Or a young lady going on her first date. Or a senior heading off to college. So far as we can tell, this is Twitter's coming of age party. Yep -- after receiving a very generous $250 million valuation late last month, the microblogging phenomenon has locked down even more capital.In... Read more...
Last week, we told you Pioneer was considering an exit from the flat panel TV market due to increasing losses. Now, it’s official: Pioneer will in fact exit the TV business by March 2010. It will also cut 10,000 jobs worldwide and direct its focus to car electronics and other home electronics businesses. The announcement came as Pioneer posted... Read more...
We know -- huge shock, right? As with the GPU market right now, the CPU market is also struggling, and a recent report from research firm IDC suggests that it'll continue to do so throughout the first half of 2009. With both Intel and AMD reeling from tough Q4s, it wouldn't take a full blown report for the layperson to assume that chip demand... Read more...
You may have never heard of Spansion, but we'd be willing to wager that you've heard of Fujitsu and Advanced Micro Devices. As it turns out, Spansion was jointly set up by AMD and Fujitsu, who own 8.7 percent and 11.4 percent of the company, respectively. Also of note, Spansion is the world's largest maker of NOR-type flash memory with a market... Read more...
We've always heard that the best way out of recession is to innovate through it, and it looks like Intel has heard that very same message. Amidst economic turmoil that led to sharply decreased sales (down 23 percent) and net income (down 90 percent) during Q4 2008, Intel is determined to continue its tradition of innovation in order to be... Read more...
While many may gloss over this discontinuation while focusing on the plethora of other pullouts in the industry, this one's pretty significant in the world of hard disk drives. Fujitsu, a long time player in the HDD head business, has recently decided that it would be best if it let its rivals forge ahead without it jockeying for position.... Read more...
It's tough out there for just about everyone these days, but AMD, NVIDIA and Intel could be facing some rather huge hurdles in particular. According to a detailed excerpt from a newly released Jon Peddie Research study, the graphics market in Q1 and Q2 of 2009 are forecast to be especially slow. In fact, it's noted that those two quarters... Read more...
As with most every other sector, the DRAM market has been struggling of late. Interestingly enough, it's expected that a recent departure from the arena could actually ease some of the pain for everyone else involved. Germany's Qimonda, which has been labeled the planet's fifth-largest DRAM vendor, currently controls about 10 percent of the... Read more...
Considering the condition of the overall economy, few will be surprised by the latest report on the handset market. Strategy Analytics has publicly forecast that the worldwide mobile phone market will shrink nine percent during the course of 2009, which would mark the sector's first decline since 2001. The firm stated that it "expected the... Read more...
It's common received knowledge that there was a tech bubble in the late nineties, and then it burst. But what if that wasn't the end of it? What if it was really more like a tech balloon, and it had a pinhole leak? Instead of the pop we thought we heard, perhaps it's was a long slow hissing until we wake up today and realize: Ones and Zeros... Read more...
Prev 1 2