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NY attorney general ends lawsuit against Intel Updated: Thu, Feb 9, 2012 | Comment on this article Leave a comment SANTA CLARA, Calif. (AP) — Intel Corp. is paying $6.5 million as part of a deal to terminate an antitrust lawsuit filed against the chip-maker by the New York attorney general's office. Intel said Thursday that it is not admitting any violation of the law or that the allegations in the complaint are true. It... Read More
Key developments in Intel's antitrust tangles Published: Thu, Feb 9, 2012 | Comment on this article Leave a comment The following is a look at Intel Corp.'s various antitrust tangles: 1991: Intel's smaller rival, Advanced Micro Devices Inc., files an antitrust lawsuit against Intel amid years of legal disputes between the companies. 1993: The Federal Trade Commission drops a probe into alleged anticompetitive behavior by... Read More
How chips, PCs, services companies are faring Updated: Thu, Feb 9, 2012 | Comment on this article Leave a comment A look at how selected companies providing computers, components, services and related software are faring: Jan. 11: Research groups Gartner and IDC say personal computer shipments dipped during the final three months of last year amid a shortage of key parts or compelling innovations. Based on preliminary... Read More
How chips, PCs, services companies are faring Updated: Thu, Feb 9, 2012 | Comment on this article Leave a comment A look at how selected companies providing computers, components, services and related software are faring: Jan. 11: Research groups Gartner and IDC say personal computer shipments dipped during the final three months of last year amid a shortage of key parts or compelling innovations. Based on preliminary... Read More
Thai flooding impact on tech companies, suppliers Updated: Thu, Feb 9, 2012 | Comment on this article Leave a comment What tech manufacturers and suppliers have been saying about the impact from heavy flooding in Thailand: Oct. 12, 2011: Seagate Technology PLC, which makes hard drives, says its factories in Thailand have been operational, but it may have difficulty making hard drives because of constraints in getting parts. Oct.... Read More
Thai flooding impact on tech companies, suppliers Updated: Thu, Feb 9, 2012 | Comment on this article Leave a comment What tech manufacturers and suppliers have been saying about the impact from heavy flooding in Thailand: Oct. 12, 2011: Seagate Technology PLC, which makes hard drives, says its factories in Thailand have been operational, but it may have difficulty making hard drives because of constraints in getting parts. Oct.... Read More
A look at recent tech-industry earnings Updated: Wed, Feb 8, 2012 | Comment on this article Leave a comment Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy: Jan. 18: EBay Inc. says its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results... Read More
A look at recent tech-industry earnings Updated: Wed, Feb 8, 2012 | Comment on this article Leave a comment Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy: Jan. 18: EBay Inc. says its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results... Read More
Rambus, Nvidia sign patent licensing deal Updated: Wed, Feb 8, 2012 | Comment on this article Leave a comment SUNNYVALE, Calif. (AP) — Technology licensing company Rambus Inc. said Wednesday it has signed a licensing agreement with chip maker Nvidia Corp. to settle a long-running patent dispute. Financial terms of the five-year agreement were not disclosed. The deal allows Nvidia, which makes graphics chips and... Read More
Durcan named CEO at Micron after Appleton's death Published: Sat, Feb 4, 2012 | Comment on this article Leave a comment BOISE, Idaho (AP) — The board of directors for Micron Technology Inc. has named Mark Durcan the company's chief executive officer, a day after longtime CEO and Chairman Steve Appleton died in a plane crash. The board on Friday appointed Durcan the interim CEO hours after Appleton's experimental plane crashed... Read More
Durcan takes over as CEO in wake of Appleton death Published: Fri, Feb 3, 2012 | Comment on this article Leave a comment BOISE, Idaho (AP) — The board of directors for Micron Technology Inc. has named president and chief operating officer Mark Durcan as the company's interim chief executive officer. The move comes hours after CEO and Chairman Steve Appleton died in a plane crash at the Boise Airport. Appleton was flying an... Read More
Once-homeless science whiz moves into new NY house Published: Sat, Jan 28, 2012 | Comment on this article Leave a comment BAY SHORE, N.Y. (AP) — A New York teen who was living at a homeless shelter when she was picked as a semifinalist in a prestigious national science competition has moved into her new home. Samantha Garvey and her family were handed the keys to their house in Bay Shore, Long Island on Saturday. Garvey says she... Read More
Japan's NEC slashing 10,000 jobs worldwide Updated: Thu, Jan 26, 2012 | Comment on this article Leave a comment TOKYO (AP) — Japanese electronics company NEC Corp. said Thursday it is slashing 10,000 jobs worldwide and would slide into the red for the full year amid weakness in its mobile phone business and flooding in Thailand that hit its platform business. NEC reported a net loss of 86.5 billion yen ($1.1 billion) for... Read More
Profits are found Published: Thu, Jan 26, 2012 | Comment on this article Leave a comment NEW YORK — If you like Apple's stock, you're going to love its suppliers. The companies that make iPhone casings, chips for the iPad and other components are attracting so many investors, they're making the stock of the tech juggernaut look like it's gathering dust. Many are virtual unknowns, sporting names... Read More
Obama visits Chandler manufacturing plant Updated: Wed, Jan 25, 2012 | Comment on this article Leave a comment CHANDLER, Ariz. (AP) — President Barack Obama used cranes, earth-moving equipment and a computer chip maker's massive plant construction project in suburban Phoenix as a backdrop to hammer home his ideas for boosting American manufacturing and improving the economic prospects of Americans. The president said... Read More
Obama pays tribute to Giffords Published: Wed, Jan 25, 2012 | Comment on this article Leave a comment CHANDLER, Ariz. (AP) — President Barack Obama is paying tribute to Arizona Rep. Gabrielle Giffords, who resigned from the House Wednesday more than a year after she suffered a gunshot wound to the head by a would-be assassin. Obama says at a speech at a new Intel chip manufacturing facility that he was happy to... Read More
Down the Apple food chain, profits and some worry Published: Wed, Jan 25, 2012 | Comment on this article Leave a comment NEW YORK (AP) — If you like Apple's stock, you're going to love its suppliers. Companies that make iPhone casings, chips for the iPad and other components are attracting so many investors, they're making the stock of the beloved company look like it's gathering dust. Many are virtual unknowns, sporting names... Read More
Figures from Apple's 1Q earnings report Published: Wed, Jan 25, 2012 | Comment on this article Leave a comment Some figures from Apple Inc.'s first-quarter earnings report, put into context: Apple's net income for the last three months of 2011: $13.1 billion. Net income for Intel, Microsoft, Google and Yahoo, combined: $13.0 billion. Apple's net income per full-time employee: $215,000 Apple's sales in the last three... Read More
Homeless NY science whiz isn't finalist in contest Updated: Wed, Jan 25, 2012 | Comment on this article Leave a comment BRENTWOOD, N.Y. (AP) — A New York high school student who attracted national attention after it was reported that she was living in a homeless shelter is not among the 40 finalists in the prestigious Intel Science contest. Brentwood High School senior Samantha Garvey was named a semifinalist last month. The... Read More
Obama to visit Chandler manufacturing plant Published: Wed, Jan 25, 2012 | Comment on this article Leave a comment PHOENIX (AP) — Arizona will briefly step into the spotlight of presidential politics Wednesday when President Barack Obama visits a computer chip maker's plant in Chandler to promote his ideas for boosting American manufacturing. His visit to an Intel manufacturing plant comes as Arizona tries to lift itself out... Read More
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