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Business, Financial & Legal Posts - Page 285

Oracle are in the market for a major chipmaker

By: Array

Oracle corporation is on a spending spree after this years acquisition of Sun Microsystems, a large system builder. Oracle wants to reinforce it's enterprise IT business with the acquisition of a major chip-maker.

 

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At the moment, AMD, IBM (it's processor division) and NVIDIA are being named as potentials.

 

CEO Larry Ellison said, "You're going to see us buying chip companies,"

 

Ellison said he wants to copy the approach of Apple's CEO Steve Jobs by owning more of the IP that goes into computer chips.

 

While it makes sense to purchase chip-makers, an acquisition of a large GPU company like AMD or NVIDIA would be interesting to say the least. While NVIDIA is "down" (high end sales, when compared to 5k series sales) it looks very interesting - it would give NVIDIA more strength to start the obvious fight next year when AMD treads the APU territory, while NVIDIA are stuck with just a GPGPU and no integration of an x86 chip.

 

More interestingly, share prices of both AMD and NVIDIA rose slightly yesterday after this news hit.

 

TMSC to show off 20nm chips with FinFET transistors at IEDM

By: Array

Taiwan Semiconductor Manufacturing Company (TMSC) might be showing off a glimpse of the future of chip manufacturing tech smaller than 20nm when it pulls back the curtain on it's latest research involving FinFET transistors at a chip industry event later this year.

 

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Most existing products are built using planar transistors, invented in 1959 they are low-cost, efficient transistors. But, chip makers are now looking at other transistor design methods to shrink their die below 20nm, TMSC seems to heart the FinFET design because of their "fish-fin" design which reduces the size of working transistors.

 

TMSC will show off high performance 22nm and 20nm tech that features FinFET transistors at IEEE's International Electron Devices Meeting (IEDM) which is happening on 6 - 8 December of this year in San Fransisco.

 

Continue reading 'TMSC to show off 20nm chips with FinFET transistors at IEDM' (full post)

ACCC recommends new copper pricing

By: Array

The Australian Competition and Consumer Commission (ACCC) has recommended to Telstra to lower their wholesale pricing to their copper network. iiNet's chief regulatory officer, Steve Dalby doesn't seem to think it will get Telstra to play ball.

 

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The ACCC recommends a price reduction in wholesale line rental (WLR) (the price an ISP pays to provide a line when not connected to their own infrastructure) on top of a recommendation to drop the local carriage service (LCS) pricing.

 

Continue reading 'ACCC recommends new copper pricing' (full post)

LG Electronics CEO resigns

By: Array

Looks like life is not, in fact, good at LG.

 

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CEO Yong Nam has just stepped down as CEO of LG Electronics wanting to "take responsibility for the slack performance", which in my opinion isn't all his fault, it's the market we're in right now. Unless you're Apple, you just don't seem good enough.

 

He's not the only CEO of a large company to step down lately, HP and Nokia have had them step down in the recent months too. Yong was only CEO for a short 3 years and nine months also.

 

But, sometimes it takes something like this for a company to re-shape, re-design itself and get some of that "we can do it" attitude. It might be a sign of good things to come from LG.

 

Intel to purchase McAfee at $48 per share

By: Array

Intel and McAfee are two companies that most are familiar with. Intel is the largest maker of processors in the world and McAfee is one of the largest PC security companies around with antivirus software and more. Intel has announced that it plans to purchase McAfee at $48 per share in cash. The value of the deal is about $7.68 billion.

 

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The purchase will allow Intel to offer a combination of software and hardware that will be able to better protect customers when they go online. Intel claims that the purchase will also improve its mobile wireless strategy. Presumably, that means more security for mobile devices like MIDs and smartphones as Trojans and other attacks become more common on these devices.

 

Continue reading 'Intel to purchase McAfee at $48 per share' (full post)

Dell settles with SEC over alleged violations of federal security laws

By: Array

Dell has announced today that it has reached a settlement with the SEC over alleged disclosure and accounting practices that violated securities and SEC rules. Dell has settled with the SEC for $100 million.

 

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Dell had previously announced that it had set aside that $100 million amount for a settlement. The settlement comes with no admission of guilt by Dell.

 

Continue reading 'Dell settles with SEC over alleged violations of federal security laws' (full post)

RIAA spent $64M on pirate crusade to win $1.4M

By: Array

The war that RIAA waged on alleged pirates is something of legend. RIAA sued people willy nilly no matter if they were living, dead, or didn't own a computer. That wide-ranging legal campaign cost tons of money.

 

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RIAA's tax records show that the company spent $64 million between 2006 and 2008 on legal costs associated with suing people who allegedly pirated music. For all of that money spent, RIAA only won a tiny fraction of it back from those found guilty of pirating music.

 

Continue reading 'RIAA spent $64M on pirate crusade to win $1.4M' (full post)

Deal of the Day: Chase Sapphire Card with No Annual Fee, 10K Bonus Points, 24/7 DEDICATED Customer Service and More

By: Array

Our Deal of the Day today is the Chase - Chase Sapphire Card with No Annual Fee, 10K Bonus Points, 24/7 DEDICATED Customer Service and More!.

 

Offer: Receive 10,000 bonus points with your first purchase, earn 2 times the points for airfare bookings, 10 times the points for every dollar at select merchants, premium travel protection benefits, 24 hour 7 day a week LIVE dedicated customer service advisors, unlimited amount of points that can be earned and no annual fees! This is a card for those of you who have good credit rating but have had your current non-Chase credit card do strange things with your rewards or benefits.

 

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Check our TweakTown Daily Deals page for more tech bargains!

 

Cooler Master will trade you gold for your friends

By: Array

Cooler Master makes all sorts of nice computer hardware. The company has nice computer cases, power supplies, and CPU cooling among other things.

 

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Cooler Master is having a contest right now that lets you have a chance to win prizes for playing a Flash game or entering the serial number for one of its new Silent Pro Gold PSUs. Flash game players can win weekly prizes including gold medallions, a gold coin, a gold flash drive, and Cooler Master hardware.

 

Continue reading 'Cooler Master will trade you gold for your friends' (full post)

Foxconn turns worker dorms over to management company

By: Array

Foxconn has been the subject of intense scrutiny this year after ten workers killed themselves. The suicides were blamed on harsh working conditions and low pay.

 

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Foxconn raised worker salary to help improve moral and eliminated death benefits that amounted to about ten years salary for the average workers family. Some have criticized the living conditions in the dorms that Foxconn owns that house about 450,000 workers.

 

Continue reading 'Foxconn turns worker dorms over to management company' (full post)

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