Taiwan’s Acer has announced it will buy struggling computer vendor Gateway, in a deal worth $710 million. Acer will pay a 57% premium over the Friday closing price for Gateway stock, at $1.90 per share. This will create the world’s #3 largest PC maker. Acer Inc. plans to acquire Gateway Inc. in a deal worth $710 million that Acer says will...Read more...
Advanced Micro Devices, Inc. Closes $1.5 Billion Offering of 5.75% Convertible Senior Notes due 2012 SUNNYVALE, Calif – August 14, 2007 --Advanced Micro Devices, Inc. (NYSE:AMD) today announced the closing of its offering of $1.5 billion aggregate principal amount of 5.75% Convertible...Read more...
Apple recently made an announcement that its iTunes online music service has reached the 3-billion-downloaded-songs mark. In fact, Apple’s iTunes Store recently outshined both Amazon and Target and took the number three spot in the list of America’s largest music retailers. Apple’s vice president of iTunes, Eddy Cue, stated, “‘We’d like to...Read more...
Despite numerous sites running stories that point out that the beta for the allegedly secure Apple browser has serious security flaws, Apple claims that they've exceeded the 1 million downloads mark: "More than 1 million copies of Apple Inc.'s Safari web browser for Windows were downloaded in its first two days of availability, the company...Read more...
Just when you thought it was safe to open your browser: "The Department of Justice and FBI today said ongoing investigations have identified over 1 million botnet crime victims. The FBI is working with industry partners, including the Computer Emergency Response Team Coordination Center at Carnegie Mellon University, to notify the victim...Read more...
Reports of the unpopularity of Microsoft Windows Vista operating system are widespread -- and according to Bill Gates -- wrong. Forty million copies have been sold already, which is faster than the sales rate for Windows XP. That already exceeds the entire number of people using anything offered by Microsoft's main competitiors....Read more...
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...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...Read more...
Hot off the wire, Apple is reporting that they've sold their 100,000,000th iPod: "CUPERTINO, California - April 9, 2007 - Apple(R) today announced that the 100 millionth iPod has been sold, making the iPod the fastest selling music player in history. The first iPod was sold five and a...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...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...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...Read more...
Asetek Receives $4 million in Venture Capital Broenderslev, Denmark - January 17, 2007 - Asetek, the market leader of thermal management solutions for semiconductors, announced today the investment of $4 million following the investment of $5 million closed last year. Northzone Ventures, Vaekstfonden, KT Venture Group, and a group of private...Read more...
With the release of its first ever expansion pack, Blizzard's World of Warcraft has hit the 8 million subscriber mark. The popular MMO boasts over 2 million users in North America, 1.5 million in Europe, and China 3.5 million in China. With the Burning Crusade expansion hitting Jan 16th, don't be surprised to see a "9 Million...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:...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...Read more...
Well, we've determined that Sony can make at least one Playstation3. So we've got that going for us: Thousands of lucky gamers tested the PS3 over the weekend at the 2007 Sony Expo in Honolulu, two weeks before the debut. Almost all were males - from boys with braces and baggy jeans to gray-haired baby...Read more...
Corsair Premium Memory Module YTD Shipments Surpass One Million Units, Celebrates Accelerated Growth of the PC Enthusiast Market by offering Five Gold Plated DOMINATOR Memory Kits -- Ranked #1 performance module maker and 8th largest global DRAM module maker, Corsair worldwide unit shipments leap in 2006 -- Fremont...Read more...
The latest victim of the FTC's Spyware crackdown is the well known Zango software. Zango, formally known as 180solutions, has been charged with installing advertising software along with its free games without proper notification to users and will be fined to the tune of $3 million. We're sure most of you recognize the name as...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...Read more...
NVIDIA and TSMC Celebrate New Milestone: 500 Million Processors SANTA CLARA, CA AND HSINCHU, TAIWAN - OCTOBER 24, 2006 - NVIDIA Corporation (Nasdaq: NVDA) and Taiwan Semiconductor Manufacturing Company, Inc. (TSE: 2330, NYSE: TSM) today celebrated the shipment of the 500 millionth processor designed by NVIDIA and...Read more...