Tuesday, Oct 21, 2008, Page 12
With an eye on the fast-growing demand for Internet access using smaller mobile gadgets, Intel Corp unveiled its latest mobile Internet device (MID) platform — Moorestown — in Taipei yesterday.
The Intel “Moorestown” platform is scheduled for commercial release next year or in 2010, the world’s biggest chipmaker said in a statement on its Web site yesterday.
Intel is on track to reduce Moorestown’s Read the rest of this entry »
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: There were still 194 deals worth $1.1 billion in Q3, but that was down from Q2's "seven year high" of $1.6 billion. It was also the ninth consecutive quarter that VC firms pumped more than $1 billion into Web-based companies.
: 259 companies received their first investments in Q3, down 20 percent from 322 in Q2, an indication that VCs may be getting pickier about the startups they invest in. At $1.5 billion, the dollar amount of these first Read the rest of this entry »
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Remember when you were young and your family used to gather 'round the television eating dinner on TV trays, fixated by programs like
? Chit chat about what happened at school and work was relegated to commercial breaks. And then it was bedtime.
Well, it turns out the Internet isn't exactly following the model of the boob tube in co-opting family discourse, according to a new national survey of 2,252 adults from the
.
"We were surprised to Read the rest of this entry »
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Yahoo Inc. is drafting significant cost-cutting plans to try to reverse its fortunes from the inside.
The Sunnyvale, Calif., Internet company is expected to disclose the cost cuts as soon as Tuesday, when it reports quarterly earnings, say people familiar with the matter. The cuts will involve layoffs, among other things, these people say.
The exact number of jobs to be eliminated remains unclear, though it is expected to exceed the 1,000 jobs Read the rest of this entry »