Business, Financial & Legal News - Page 220

The latest and most important Business, Financial & Legal news - Page 220.

Steve Jobs takes medical leave of absence from Apple

Don Lynn | Mon, Jan 17 2011 10:41 PM CST
It looks like Apple CEO Steve Jobs is off to battle another nemesis, and it's not the PC or competing tablets. Jobs announced to his employees this morning that he is taking a medical leave of absence from Apple, leaving Tim Cook to handle the day to day operations at Apple.

Steve Jobs takes medical leave of absence from Apple | TweakTown.com


You can say what you want about Jobs, but you can't say he isn't tough. His previous medical history includes a bout with Pancreatic Cancer in 2004 and a liver transplant in 2009, both of which he fully recovered from. No specifics were relased about the reason for the latest leave of absence, but more may be released during Apple's Q4 and 2010 earnings release tomorrow.

Continue reading: Steve Jobs takes medical leave of absence from Apple (full post)

AMD CEO Dirk Meyer resigns

Anthony Garreffa | Mon, Jan 10 2011 6:21 PM CST
AMD has just announced that CEO Dirk Meyer has resigned. Currently there is no official reason for his resignation, except that he reached a "mutual agreement" with the company's board.

AMD CEO Dirk Meyer resigns | TweakTown.com


Current CFO, Thomas Seifert will be the temporary CEO whilst a new one is found. Bruce Claflin, Chairman of AMD's Board of Directors and head of the CEO Search Committee said "Dirk became CEO during difficult times. He successfully stabilized AMD while simultaneously concluding strategic initiatives including the launch of GlobalFoundries, the successful settlement of our litigation with Intel and delivering Fusion APUs to the market."

Continue reading: AMD CEO Dirk Meyer resigns (full post)

Sony buys back Toshiba's Cell plant for 50 billion yen

Anthony Garreffa | Thu, Dec 23 2010 12:16 AM CST
Toshiba seem to have not had quite the run with Cell processors as they had planned. Back in 2008 they purchased the Nagasaki manufacturing plant for $90 billion yen ($835 million) and are now selling it for $50 billion yen ($597 million).

Sony buys back Toshiba's Cell plant for 50 billion yen | TweakTown.com


Making a loss, but Sony seems to be smiling with promise here. Rumor has it that Son might use the plant to build more CMOS chips for its high-end camera range. Sony have also said they will use the facility to produce HD image sensors for cameras and smartphones.

Continue reading: Sony buys back Toshiba's Cell plant for 50 billion yen (full post)

Terry Makedon moves to Fusion team

Anthony Garreffa | Wed, Dec 22 2010 8:00 PM CST
Terry "CatalystMaker" Makedon might require a new nickname, maybe "FusionMaker" will suite him well? Terry Makedon is moving jobs within AMD (as posted about yesterday) but in January he will start as software marketing manager for Fusion APU's.

Terry Makedon moves to Fusion team | TweakTown.com


He has said to KitGuru: "As of January 1st I will be changing jobs within AMD. I will switch from being the manager of software product management for Radeon to being the software marketing manager for Fusion APU's (Accelerated Processing Units). I am looking forward to working on the brand new and exciting market of APU's."

Continue reading: Terry Makedon moves to Fusion team (full post)

Google's new New York office cost more than $1.8 billion

Anthony Garreffa | Wed, Dec 22 2010 7:00 PM CST
Google have dropped $1.8 billion like it's hot (shout out to Snoop Dogg!) on a new office in the concrete city where dreams are made of (wink Jay-Z), New York City.

Google's new New York office cost more than $1.8 billion | TweakTown.com


They've spent the $1.8 billion on 111 Eighth Avenue in Chelsea. Google will also be leasing out the building to continuing and new tenants. Google have also said:

Continue reading: Google's new New York office cost more than $1.8 billion (full post)

Best Buy ends high-priced restocking fees

Shane McGlaun | Mon, Dec 20 2010 11:06 AM CST
I think I can speak for everyone when I say restocking fees suck. We all know it doesn't really cost companies 10% or more of what the purchase price of a gadget is to restock them. Those fees are just a way for the company to help talk us into keeping the gadgets we really don't like and would return if we didn't have to pay a fee. Best Buy has announced it has finally stopped being such a douche and eliminated restocking fees.

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The fees were killed off on December 18 and the store will even refund you that restocking fee if you made a return in the 30 days or so prior to the 18th and were charged 10% or 15%. The old restocking fees were 10% of the price on an iPhone and 15% on other electronic devices like notebooks, TVs, GPS devices and more. Those high fees could add up to some really big losses for the consumer.

Continue reading: Best Buy ends high-priced restocking fees (full post)

NVIDIA's Quadro and Tesla sales manager joins AMD's ranks

Anthony Garreffa | Mon, Dec 6 2010 8:16 PM CST
NVIDIA has lost their Quadro and Tesla manager to AMD. The story of Rob MacDonald begins with how he began with taking over NVIDIA's UK graphics sales operation in 2002 and shortly after was given control of graphic card sales into the Nordic region (Sweden, Denmark, Finland and Norway).

NVIDIA's Quadro and Tesla sales manager joins AMD's ranks | TweakTown.com


Rob was then promoted into Quadro sales and he has been expanding in that role ever since. Why is this news significant you ask? Professional products are the cash cow of the graphics industry...

Continue reading: NVIDIA's Quadro and Tesla sales manager joins AMD's ranks (full post)

Telstra to jump on the couch together with Oprah

Anthony Garreffa | Thu, Nov 25 2010 8:51 PM CST
No, not Opera, the web browser - Oprah as in one of the most powerful women in the world, Oprah. Telstra today announced it has secured a deal with The Oprah Winfrey Show to supply network support for the live shows as well as ensuring network coverage for the show's 300 guests next month.

Telstra to jump on the couch together with Oprah | TweakTown.com


Back in September, The Oprah Winfrey Show announced that it would fly 300 audience members out to Australia to film two live shows at the Sydney Opera House on 14th of December - the trip is partly paid for by a $3 million fund from the Australian Government.

Continue reading: Telstra to jump on the couch together with Oprah (full post)

iiNet announce the opening of an R&D facility

Anthony Garreffa | Tue, Nov 23 2010 10:53 PM CST
This is not something I thought an ISP in Australia would open, an R&D facility, but iiNet seem to be on a roll here, with acquisitions, customer satisfaction, products on offer and competitive pricing/allowance, they're really smashing down the walls of broadband hell that have kept this country in the dark ages of broadband for years.

iiNet announce the opening of an R&D facility | TweakTown.com


Speaking at iiNet's annual general meeting today, iiNet chief executive Michael Malone said that iiNet Labs had already commenced with new products to be available in the coming months.

Continue reading: iiNet announce the opening of an R&D facility (full post)

Qantas unveils "next-generation check-in network"

Anthony Garreffa | Thu, Nov 11 2010 10:24 PM CST
Qantas has unveiled their next-gen check-in service which involves micro chipped smartcards replacing boarding passes and RFID to track your bags.

Qantas unveils next-generation check-in network | TweakTown.com


The first airports to take advantage of this will be Sydney and Perth - with the latter having live trials since July. Melbourne, Adelaide and Canberra will be enabled throughout the first half of 2012.

Continue reading: Qantas unveils "next-generation check-in network" (full post)

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