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Fitch downgrades AMD on cash concerns

More bad news was announced this week for troubled Sunnyvale chip maker Advanced Micro Devices. Fitch Ratings on Wednesday lowered its rating for AMD from the already junk category of  "CCC" to "B."  Noting that it has about $2.1 billion in Read More →

Facebook’s got a gift card – for your actual wallet

The “Facebook Card” – don’t leave home without it? Facebook’s Mark Zuckerberg warned investors Wednesday that they shouldn’t expect to see a lot of revenue in the near future from new Facebook efforts around on-line retailing and Read More →

Tablet sales hit record in fourth quarter last year

Gadget-obsessed consumers drove worldwide tablet sales to record rates in the fourth quarter of 2012, according to preliminary data released Thursday by market research firm IDC. A total of 52.5 million tablets were shipped in the quarter, compared with 29.9 million Read More →

Tech tapas: Hacking the New York Times, and the government. Plus did Mega just morph back into Megaupload?

Thursday tech tapas, in which one thing leads to another: • The New York Times reports that Chinese hackers have accessed its computers for the past few months, coinciding with its articles on the wealth of a Chinese leader's Read More →

Facebook: Sales up, profit down, shares falling

Facebook is bringing in more money but it's also spending more. So after the Menlo Park company reported fourth-quarter results that beat Wall Street's expectations, its shares are being punished on Wall Street. The social network has addressed a Read More →

Quoted: Reed Hastings on the future of cable networks

"What we’ll see in the Internet is most cable networks will become Internet networks — we’ll still call ESPN a cable network, but it’ll be mostly delivered over the Internet in 10 or 20 years." — Reed Hastings, Read More →

Off topic: Sports and religion, coughing in concerts, Barbie cafe, ‘Gangnam Style’ flip book

The stands are like pews? On sports fandom's similarity to religion. The curious case of coughing in classical concerts. I have no idea what they're saying in this video —  maybe "I'm so excited Read More →

The pink mustache is back: Lyft can operate

There was good news Wednesday for Lyft, the ride sharing service best known for the goofy pink handlebar mustaches on all of the cars: it's reached a deal with the California Public Utilities Commission and can ride Read More →

Web ads more likely than porn to infect computers, study says

You don't have to be prowling the darkest corners of the Internet for racy photos, drugs or gambling venues to have your computer infected with malware, according to a study released Wednesday by Cisco Systems. The San Jose networking company''s 2013 Read More →

Can rebranded, revamped BlackBerry make a comeback?

After a couple of high-profile and costly delays, RIM today finally unveiled a couple of BlackBerry 10 smartphones, and even changed its name to BlackBerry for good measure. But shares of the company are plunging, down more than Read More →
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