IBM on Monday said it is unloading its unprofitable chip-making business to Santa Clara-based Globalfoundries in an unusual deal in which IBM will pay Globalfoundries $1.5 billion over three years to acquire the business.
Through the transaction, Globalfoundries will take over IBM’s chip-making operations in East Fishkill, New Y ...
“I think the critique that Silicon Valley companies are deliberately, systematically discriminatory is incorrect.”
— Marc Andreessen, venture capitalist, addresses the tech diversity question in an interview with New York Magazine. He cites two reasons for his view: Referring to the mixture of whites from the U.S. and from ...
In a field of squat and clunky smartwatches, Apple’s timepiece easily tops the best-dressed list. But it may soon face some competition for the fashion crown.
LVMH, which owns high fashion brands such as Louis Vuitton and Givenchy, is considering joining forces with a tech company to offer a smartwatch, according to the Wall Street Jo ...
“The most challenging thing would be to combine a large fleet of Amazon Prime drones carrying packages and the Piper Clubs that just want to punch a hole in the sky on the weekend.”
— Ella Atkins, associate professor of aerospace engineering at the University of Michigan, on the conundrum of intermingling drone traffic int ...
Is Advanced Micro Devices about to go belly up? That’s a possibility suggested by some analysts following the Sunnyvale chipmaker’s recent CEO change and lackluster quarterly financial report on Thursday, when it announced it is cutting 7 percent of its workforce.
“AMD is now at a tipping point,” warned ...
At its press event today announcing new iPads and Mac computers, Apple executives gave scant attention to the iPad mini.
While spending a good deal of time talking about the new iPad Air 2 and the new iMac with a high-resolution Retina display at the event, Apple marketing chief Phil Schiller only mentioned the iPad mini in passing. B ...
People come to venture capital from a wide range of backgrounds. Peter Solvik did it after 20 years at two of Silicon Valley's corporate powerhouses.
After a decade at Apple, Solvik in 1993 joined Cisco Systems, where he was Read More →
"The judge is clearly in (the broadcasters’) pockets. From the day they filed in D.C. I suspected they had influence in the courts there. There is something so very rotten in corporate America and it makes me sad."
— Read More →
"Plot n-gram frequency and visualize trends across 30+ years of yuppie nuptials" at Wedding Crunchers' searchable database of three decades' worth of New York Times wedding announcements, courtesy of Rap Genius. Pre-wedding, though: on Read More →
Carla Peterman of the California Public Utilities Commission has proposed a 1,325 megawatt energy storage procurement target for the state's three largest utilities. The goal of the proposed decision is to optimize the grid, integrate renewable energy and Read More →
So Samsung beat Apple to the punch — or the wrist. Well, it depends on whether people will buy the Galaxy Gear, the latest gadget Samsung's selling. And everyone and their mother is making Internet-connected timepieces. Will picking Read More →
UPDATE: Facebook said late Thursday that it's reviewing user comments submitted since the proposed changes were announced on Aug. 29. While it's no longer accepting input, the changes won't go into effect before next week.
"We are taking the time to Read More →
Tourists and business travelers visiting Orlando, known for its beaches and Walt Disney world, can now rent a Nissan Leaf with free charging under a new program called Drive Electric Orlando. Orlando is the nation's largest rental car market, Read More →