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Business, Financial & Legal Posts - Page 276

Google offers $3.5 million to Staff Engineer to reject Facebook offer

By: Array

A staff engineer at Google was being wined and dined by Facebook, Google in turn offering him an amazing $3.5 million in restricted stock by Google (which means Google is offering $3.5 million worth of stock at todays pricing, which could very well be worth much more than that in the future).

 

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What did he do?

 

Continue reading 'Google offers $3.5 million to Staff Engineer to reject Facebook offer' (full post)

TiVo gets a $200 price slash

By: Array

The TiVo personal video recorder is getting a $200 price drop this week and will also get a bundle pack with either free movie downloads or cash back and a Wi-Fi adapter.

 

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Currently it sits at AU$699, the $200 drop will bring it to under AU$500 at AU$499. The price drop takes effect on the 12th of November and includes an AU$50 cash back or AU$100 credit on the TiVo internet TV portal, CASPA.

 

Continue reading 'TiVo gets a $200 price slash' (full post)

Intel, Samsung and Toshiba join forces toward 10nm process

We all know the trouble semiconductor manufacturing can cause - going to a new process is always hard, but we're going to see much more issues the smaller we go - as it's going to constantly get harder and harder. Because of this, the world's largest semiconductor manufacturers have combined their efforts with Intel, Samsung and Toshiba signing a treaty - the three companies will cooperate on research and development toward a brand new 10nm technology.

 

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The new combined forces will start soon and have invited a further 10 or so companies into the development to help in R&D of the semiconductor manufacturing. The point is to have 10nm tech ready by 2016 when Samsung and Toshiba aim to use the tech for making NAND flash circuits, while Intel is rubbing it's hands together waiting to use the 10nm tech for microprocessors.

 

Continue reading 'Intel, Samsung and Toshiba join forces toward 10nm process' (full post)

TMSC are set to post strong numbers for Q4 earnings

By: Array

TMSC is set to report strong earnings for the 4th quarter of 2010 thanks to large volumes of orders from AMD.

 

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AMD has placed orders at TMSC for their Ontario and Zacate APUs as well as the new HD6000 GPU's. Ontario and Zacate are both reportedly in production on TMSC's 40nm node - the Ontario will take on Intel's Atom processors in the netbook sector and going by the specs - it should have no problem laying the smack down on the Atom SKU.

 

It is worth noting that while AMD has contracted Globalfoundaries to produce it's 32nm Llano APU - the company decided to shake hands with TMSC's mature 40nm process for Ontario and Zacate in order to escape any possible production issues. All APUs produced by TMSC will be tested and packaged by Siliconware Precision Industries.

 

ACCC are after MSY's blood

By: Array

The ACCC is doing a fair bit in Australia lately - they have just launched court proceedings against Australia's major tech reseller, MSY Technology - the ACCC are alleging that MSY have engaged in false or misleading warranty representations.

 

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According to a statement made by the ACCC, MSY have made false statements about their warranty in pamphlets, notices, price lists and promotional materials as well as their customers receipts.

 

Continue reading 'ACCC are after MSY's blood' (full post)

Nokia-Siemens get $400 million NBN deal

By: Array

Nokia-Siemens Networks has scored a contract for the NBN worth $400 million over 10 years, the contract is for Nokia-Siemens to supply optical transmission kit for the NBN Co.

 

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They initially won a $10 million purchase order for "test laboratory equipment and systems to support early release sites". The optical transmission equipment is to be used to provide connectivity between fibre access nodes and points of interconnect.

 

What is surprising, is Nokia-Siemens said that the NBN Co's network required connectivity at 10, 40 and 100 Gbps.

 

Apple goes crazy in ad spending in 2010 - even Don Draper is impressed

By: Array

Apple's fiscal 2010 report is out (10-K form) - the document is filled with information and details on the state of Apple's business - one big flashing light is just how much Apple spend on advertising in 2010.

 

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In previous years, Apple spent $467 million in 2007, $486 million in 2008, $501 million in 2009 and this year Apple have spent an astonishing $691 million on advertising alone - a $190 million increase from last year alone. Even more surprising, Apple is continuing their trend of lowering the percentage of revenues spent on advertising.

 

While $691 million is a lot on advertising - keep in mind Apple had total revenues of over $65 billion - this equates to around 1 percent of their revenue, spent on advertising. Last year, that percentage was 1.37 and in 2007 it was 5 percent.

 

Continue reading 'Apple goes crazy in ad spending in 2010 - even Don Draper is impressed' (full post)

Qantas goes bananas for Apple for airport lounges

By: Array

Qantas announced yesterday it's plans to go "Apple-only" on it's frequent flyer lounges around Australia - giving travellers access to the "latest generation Mac's" in a national roll out.

 

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Alan Joyce, chief executive of Qantas said that the Apple desktops would be available immediately in the Qantas club facilities and that it would be rolled out in other cities by the end of 2010. He said, "We are launching Sydney Qantas Lounges with the new technology from today; Adelaide, Brisbane, Canberra, Melbourne and Perth from November; and Alice Springs Cairns, Darwin, Hobart and Townsville from December."

 

Continue reading 'Qantas goes bananas for Apple for airport lounges' (full post)

Mana Bar to open another bar in Melbourne

By: Array

Mana Bar started off in Brisbane's Fortitude Valley - the first of it's kind to use a concept of video game consoles in a cocktail bar - it has been successful enough to venture into a second bar, now set to launch in Melbourne in December.

 

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They've confirmed they've signed a lease for a venue to be in Fitzroy and have started renovating the place for the launch later this year. They said they had spent months looking for the right place - to end up settling down on this one as it's situated next to other high class cocktail bars and it's also close to Melbourne's tram network.

 

There's no concrete date for the opening as they want to get it right before announcing, Guy "Yug" Blomberg said: "The date is something we're taking really seriously. We had people fly up to Brisbane last time, so we want to make sure we get it right."

 

Continue reading 'Mana Bar to open another bar in Melbourne' (full post)

Intel plans to invest up to $8 billion in chip plants in the US

Intel has announced plans to invest between $6 and $8 billion to upgrade multiple manufacturing plants in the US and also to build a new facility in Oregon. This would create up to 1000 jobs at Intel.

 

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Intel President and CEO - Paul Otellini said, "Today's announcement reflects the next tranche of the continued advancement of Moore's Law and a further commitment to invest in the future of Intel and America," he added "The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow."

 

The investment is geared toward Intel's move to manufacturing at a 22nm process. Intel is on track to deliver 22nm chips in 2011.

 

Continue reading 'Intel plans to invest up to $8 billion in chip plants in the US' (full post)

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