O'Brien: Nvision 2008 reflects the wonder, weirdness of Silicon Valley
Nvidia stages an ambitious three-day conference that brings together artists, programmers and gamers to celebrate breakthroughs in visual computing.
Stanford Medical School restricting industry funding of continuing education for physiciansTo keep its doctors from being tainted by business biases, Stanford University's medical school announced Tuesday it is imposing a highly unusual restriction on educational contributions by drug and medical device companies.
Cisco executive slain in Detroit is remembered as gifted techie, dedicated family man
At Cisco Systems, at Temple Shir Hadash and at his Los Gatos home during his family's shiva, Ben Goldman, a Cisco executive who was found shot to death in Detroit's gritty 8 Mile area on Aug. 19, was remembered this week as a man full of life, family and song.
Guest book for Goldman
Harris: Web site for virtual VCsSo your stock portfolio is tanking and the equity in your home is just withering away. Now for some good news: A young Mountain View company called TradeVibes is offering a cool 100 grand to anybody with a hankering to invest in hot Internet start-ups -- or maybe do some short-selling too.
Hewlett-Packard completes purchase of Electronic Data Systems
Hewlett-Packard said Tuesday that its $13.9 billion purchase of Electronic Data Systems is completYoung leukemia victim's dream comes true as he meets with fellow brainiacse, but the Palo Alto computer giant wasn't ready to say what the future holds for nearly 140,000 EDS employees.
New technology aims to store wind-generated power undergroundOne problem perhaps more than any other has proven a drag on the long-term prospects for wind power: how do you turn on the lights when the wind isn't blowing?
FBI: Phone record seizure was miscommunication
The FBI did not abuse its authority when it seized the phone records of two journalists, according to the bureau's top lawyer, who attributed the improper behavior to simple miscommunication.
Thin and frail from 2 1/2 years of chemotherapy to reverse his life-threatening leukemia, David Godfrey's wish was simple: to meet and share his ideas with scientists exploring ways to save the world by developing alternative energy sources.
Blog Shack: At new media tent, words and beer flow freely
Think of it as Animal House, but with a corporate sponsor. The free beer starts at 1 p.m. The couches are comfy. And the words flow from the Big Tent day and night.
Silicon Valley's weak recovery squeezes middle classSilicon Valley's recovery from the technology bust early this decade generated relatively few jobs, and the ''middle-class squeeze'' is intensifying as household incomes flatten and the cost of living rises, a report released Monday shows.
Wednesday, August 27, 2008
Tuesday, August 26, 2008
ΝΕWS
For some, the 'i' in iPhone doesn't mean information
By creating games and other programs for the iPhone, software developers hoped to find millions of new customers. But they didn't expect to feel muzzled. The software development kit that Apple distributed to programmers bound them to not discuss the process of creating iPhone programs. Companies typically waive such legal restrictions once products launch, but Apple didn't. And it won't say why
Facebook cuts off Scrabulous after legal complaint
Already blocked from Facebook users in the United States and Canada, Scrabulous -- the online imitation of the popular Scrabble board game -- has been yanked by Facebook in all other countries except India in response to a copyright tussle over the game.
Adobe unveils new Web-based productsHoping to capture more customers online, Adobe Systems today is unveiling updated versions of its desktop photo and video editing products, combined with a sharing and storage service that users can access on the Web.
AMD sells digital TV business to Broadcom for $192.8 million
Struggling with lackluster sales and staggering losses, Sunnyvale chipmaker Advanced Micro Devices said Monday it has agreed to sell its digital television business to Irvine-based Broadcom for $192.8 million.
Ex-high-tech executive heard the siren song of musicSurrounded by businesses pushing for the cutting edge of technology, Val King takes a step back. He builds and repairs the kinds of guitar amplifiers that were played by the cool cats of the 1950s and '60s.
Netflix blames faulty hardware for massive outage
Netflix is blaming a faulty piece of computer hardware for a breakdown that delayed millions of shipments to the online DVD rental service's customers earlier this month.
Facebook cuts off Scrabulous around most of the world after legal complaint
NEW YORK — A highly popular Scrabble clone already pulled from Facebook in the United States and Canada continued its tumble over the weekend as the online hangout extended its block of the game throughout most of the world.
Pizarro: Celebrities attending NvisionSan Jose Mayor Chuck Reed has proclaimed this "Visual Computing Week" in San Jose. But here's the thing: It's always "Visual Computing Week" in San Jose, and probably everywhere else, too.
Feds push child-porn cases; penalty can be years in prison
Just a few mouse clicks into the forbidden world of Internet child porn can transform an apparently upstanding individual into a federal prison inmate - doing a long sentence.
Flex your apps
Expecting a new golden age of handset software, programmers are developing thousands of new applications that they're betting you'll want on your phone.
Docu-Drama: Verifone to offer basic reference for departing CFO
Barry Zwarenstein leaves the same day the company amends financial statements and wipes out $70 million in past profits.
AT&T expands tech support to cover other gadgetsPhone companies have been expanding their technology-support offerings, and AT&T took that trend one step further last week by introducing a tech-help plan that's even available to people who don't subscribe to other AT&T services. AT&T ConnecTech offers in-home service for "virtually all" tech-support needs, the company said, including home theater installation, wall-mounting of flat-panel TVs and computer repair, starting at $99.
Critically ill find companionship, advice on Internet
Limited physical mobility is one reason that a growing number of people with serious illnesses are turning to the Web. They set e-mail alerts for the latest research, read first-hand accounts of treatments they could try, and start blogs and join chatrooms, sharing in a sort of virtual catharsis. For someone who can't easily go out to lunch with friends, chatting and writing online "can create a little normalcy," says University of Miami psychiatrist Eva Ritvo. "We are by nature a social being, and we like to share information."
Scientists tackle the problem of tongue-powered computingThe tireless tongue already controls taste and speech, helps kiss and swallow and fights germs. Now scientists hope to add one more ability to the mouthy muscle, and turn it into a computer control pad.
Magid: Expect a lot of convention coverage by new mediaThe blogosphere and Web video sites will provide views and perspectives of the two parties' conventions that people -- especially political junkies --would otherwise miss.
By creating games and other programs for the iPhone, software developers hoped to find millions of new customers. But they didn't expect to feel muzzled. The software development kit that Apple distributed to programmers bound them to not discuss the process of creating iPhone programs. Companies typically waive such legal restrictions once products launch, but Apple didn't. And it won't say why
Facebook cuts off Scrabulous after legal complaint
Already blocked from Facebook users in the United States and Canada, Scrabulous -- the online imitation of the popular Scrabble board game -- has been yanked by Facebook in all other countries except India in response to a copyright tussle over the game.
Adobe unveils new Web-based productsHoping to capture more customers online, Adobe Systems today is unveiling updated versions of its desktop photo and video editing products, combined with a sharing and storage service that users can access on the Web.
AMD sells digital TV business to Broadcom for $192.8 million
Struggling with lackluster sales and staggering losses, Sunnyvale chipmaker Advanced Micro Devices said Monday it has agreed to sell its digital television business to Irvine-based Broadcom for $192.8 million.
Ex-high-tech executive heard the siren song of musicSurrounded by businesses pushing for the cutting edge of technology, Val King takes a step back. He builds and repairs the kinds of guitar amplifiers that were played by the cool cats of the 1950s and '60s.
Netflix blames faulty hardware for massive outage
Netflix is blaming a faulty piece of computer hardware for a breakdown that delayed millions of shipments to the online DVD rental service's customers earlier this month.
Facebook cuts off Scrabulous around most of the world after legal complaint
NEW YORK — A highly popular Scrabble clone already pulled from Facebook in the United States and Canada continued its tumble over the weekend as the online hangout extended its block of the game throughout most of the world.
Pizarro: Celebrities attending NvisionSan Jose Mayor Chuck Reed has proclaimed this "Visual Computing Week" in San Jose. But here's the thing: It's always "Visual Computing Week" in San Jose, and probably everywhere else, too.
Feds push child-porn cases; penalty can be years in prison
Just a few mouse clicks into the forbidden world of Internet child porn can transform an apparently upstanding individual into a federal prison inmate - doing a long sentence.
Flex your apps
Expecting a new golden age of handset software, programmers are developing thousands of new applications that they're betting you'll want on your phone.
Docu-Drama: Verifone to offer basic reference for departing CFO
Barry Zwarenstein leaves the same day the company amends financial statements and wipes out $70 million in past profits.
AT&T expands tech support to cover other gadgetsPhone companies have been expanding their technology-support offerings, and AT&T took that trend one step further last week by introducing a tech-help plan that's even available to people who don't subscribe to other AT&T services. AT&T ConnecTech offers in-home service for "virtually all" tech-support needs, the company said, including home theater installation, wall-mounting of flat-panel TVs and computer repair, starting at $99.
Critically ill find companionship, advice on Internet
Limited physical mobility is one reason that a growing number of people with serious illnesses are turning to the Web. They set e-mail alerts for the latest research, read first-hand accounts of treatments they could try, and start blogs and join chatrooms, sharing in a sort of virtual catharsis. For someone who can't easily go out to lunch with friends, chatting and writing online "can create a little normalcy," says University of Miami psychiatrist Eva Ritvo. "We are by nature a social being, and we like to share information."
Scientists tackle the problem of tongue-powered computingThe tireless tongue already controls taste and speech, helps kiss and swallow and fights germs. Now scientists hope to add one more ability to the mouthy muscle, and turn it into a computer control pad.
Magid: Expect a lot of convention coverage by new mediaThe blogosphere and Web video sites will provide views and perspectives of the two parties' conventions that people -- especially political junkies --would otherwise miss.
Monday, August 25, 2008
NEWS
Apple's Ambitious iPhone 3G Plans
It intends to make at least 40 million iPhones in the next year; selling so many will hinge on global success and fixing connection glitches
Forecasting iPhone sales is one of tech's toughest guessing games. Since Apple's iPhone 3G came storming out of the gate with 1 million units sold in the three days after it went on sale July 11, analysts have scrambled to come up with a reliable forecast for how many of the devices the consumer electronics maker will sell in the coming years.
Many analysts expect Apple (AAPL) to sell around 11 million iPhone 3Gs in 2008 and another 25 million in 2009. But perhaps the most optimistic forecast is from Piper Jaffray (PJC) analyst Gene Munster, who expects the company to sell 13 million this year and 45 million next year.
While final sales can't be known until after the fact, clues are emerging as to Apple's production plans. As of mid-August, they were ambitious, BusinessWeek has learned. Apple plans to build 40 million to 45 million iPhone 3Gs in the 12 months through August 2009, according to a person familiar with the company's plans. The low end of that range is 52% more than the 26 million Munster expects the company to sell in that time. Apple boosted its production plans when initial sales proved stronger than the company expected, says the person, who requested anonymity. On launch day, the company expected to build 30 million iPhone 3Gs in 12 months. Apple declined to comment beyond reiterating that it expects to reach a stated goal of selling 10 million iPhone 3Gs in 2008.
The company's ability to reach that 40 million-plus goal will likely hinge on a successful introduction in several countries by the end of next year. Apple will also need to avoid component supply constraints and, maybe most important, address complaints over the performance of the updated version of its popular music-playing mobile phone.
Speeding Things Up
Apple's intention to sell the iPhone 3G in an ever broader circle of countries gives analysts cause for optimism. Analyst Michael Cote of Cote Collaborative recently told Fortune magazine he estimates Apple sold 3 million iPhone 3Gs in the first month, when the product was only available in 22 countries. Even if the sales growth clip slows after the initial burst of sales to gadget lovers, overall iPhone unit sales growth could accelerate given Apple's big international expansion plans. The company expects to begin selling in 20 more countries on Aug. 22. By next year, Apple may also be selling in the vast, swiftly growing Russian and Chinese markets. Also, Apple recently expanded distribution to include 986 Best Buy (BBY) stores.
Until recently, the major problem facing Apple and its partners was how to get enough iPhone 3Gs to market. Daily production has been running at around 150,000, says the person familiar with Apple's plans. If maintained five days a week for 52 weeks, that pace implies an annual production of 39 million devices. Suppliers of iPhone parts are used to handling far greater volumes; cell-phone makers such as Nokia (NOK) sell hundreds of millions of phones a year.
Apple will also need to reduce the time it takes to activate a phone once it's purchased at retail stores, says Needham & Co. analyst Charlie Wolf. "The physical process of activating the phone is the bottleneck," Wolf says. The process can take as long as 30 minutes, though Wolf says he's been told that Apple is working on improvements aimed at reducing the procedure to about 15 minutes.
It intends to make at least 40 million iPhones in the next year; selling so many will hinge on global success and fixing connection glitches
Forecasting iPhone sales is one of tech's toughest guessing games. Since Apple's iPhone 3G came storming out of the gate with 1 million units sold in the three days after it went on sale July 11, analysts have scrambled to come up with a reliable forecast for how many of the devices the consumer electronics maker will sell in the coming years.
Many analysts expect Apple (AAPL) to sell around 11 million iPhone 3Gs in 2008 and another 25 million in 2009. But perhaps the most optimistic forecast is from Piper Jaffray (PJC) analyst Gene Munster, who expects the company to sell 13 million this year and 45 million next year.
While final sales can't be known until after the fact, clues are emerging as to Apple's production plans. As of mid-August, they were ambitious, BusinessWeek has learned. Apple plans to build 40 million to 45 million iPhone 3Gs in the 12 months through August 2009, according to a person familiar with the company's plans. The low end of that range is 52% more than the 26 million Munster expects the company to sell in that time. Apple boosted its production plans when initial sales proved stronger than the company expected, says the person, who requested anonymity. On launch day, the company expected to build 30 million iPhone 3Gs in 12 months. Apple declined to comment beyond reiterating that it expects to reach a stated goal of selling 10 million iPhone 3Gs in 2008.
The company's ability to reach that 40 million-plus goal will likely hinge on a successful introduction in several countries by the end of next year. Apple will also need to avoid component supply constraints and, maybe most important, address complaints over the performance of the updated version of its popular music-playing mobile phone.
Speeding Things Up
Apple's intention to sell the iPhone 3G in an ever broader circle of countries gives analysts cause for optimism. Analyst Michael Cote of Cote Collaborative recently told Fortune magazine he estimates Apple sold 3 million iPhone 3Gs in the first month, when the product was only available in 22 countries. Even if the sales growth clip slows after the initial burst of sales to gadget lovers, overall iPhone unit sales growth could accelerate given Apple's big international expansion plans. The company expects to begin selling in 20 more countries on Aug. 22. By next year, Apple may also be selling in the vast, swiftly growing Russian and Chinese markets. Also, Apple recently expanded distribution to include 986 Best Buy (BBY) stores.
Until recently, the major problem facing Apple and its partners was how to get enough iPhone 3Gs to market. Daily production has been running at around 150,000, says the person familiar with Apple's plans. If maintained five days a week for 52 weeks, that pace implies an annual production of 39 million devices. Suppliers of iPhone parts are used to handling far greater volumes; cell-phone makers such as Nokia (NOK) sell hundreds of millions of phones a year.
Apple will also need to reduce the time it takes to activate a phone once it's purchased at retail stores, says Needham & Co. analyst Charlie Wolf. "The physical process of activating the phone is the bottleneck," Wolf says. The process can take as long as 30 minutes, though Wolf says he's been told that Apple is working on improvements aimed at reducing the procedure to about 15 minutes.
NEWS
Broadcom to buy AMD TV-chip business for $192.8 millionAdvanced Micro Devices will sell its unit that makes chips for digital TV sets to fellow chip maker Broadcom for $192.8 million in cash, the companies announced today.
Pizarro: Celebrities attending Nvision
San Jose Mayor Chuck Reed has proclaimed this "Visual Computing Week" in San Jose. But here's the thing: It's always "Visual Computing Week" in San Jose, and probably everywhere else, too.
Feds push child-porn cases; penalty can be years in prison
Just a few mouse clicks into the forbidden world of Internet child porn can transform an apparently upstanding individual into a federal prison inmate - doing a long sentence.
Flex your apps
Expecting a new golden age of handset software, programmers are developing thousands of new applications that they're betting you'll want on your phone.
Docu-Drama: Verifone to offer basic reference for departing CFOBarry Zwarenstein leaves the same day the company amends financial statements and wipes out $70 million in past profits.
AT&T expands tech support to cover other gadgets
Phone companies have been expanding their technology-support offerings, and AT&T took that trend one step further last week by introducing a tech-help plan that's even available to people who don't subscribe to other AT&T services. AT&T ConnecTech offers in-home service for "virtually all" tech-support needs, the company said, including home theater installation, wall-mounting of flat-panel TVs and computer repair, starting at $99.
Critically ill find companionship, advice on Internet
Limited physical mobility is one reason that a growing number of people with serious illnesses are turning to the Web. They set e-mail alerts for the latest research, read first-hand accounts of treatments they could try, and start blogs and join chatrooms, sharing in a sort of virtual catharsis. For someone who can't easily go out to lunch with friends, chatting and writing online "can create a little normalcy," says University of Miami psychiatrist Eva Ritvo. "We are by nature a social being, and we like to share information."
Scientists tackle the problem of tongue-powered computing
The tireless tongue already controls taste and speech, helps kiss and swallow and fights germs. Now scientists hope to add one more ability to the mouthy muscle, and turn it into a computer control pad.
Magid: Expect a lot of convention coverage by new media
The blogosphere and Web video sites will provide views and perspectives of the two parties' conventions that people -- especially political junkies --would otherwise miss.
A tangled family fight over former Intel director's fortune
Jim Guzy retired as Intel's longest-serving director in May, winding up one part of a classic Silicon Valley career - Stanford grad, high-tech exec, entrepreneur, inventor, angel investor and multimillionaire.
Pizarro: Celebrities attending Nvision
San Jose Mayor Chuck Reed has proclaimed this "Visual Computing Week" in San Jose. But here's the thing: It's always "Visual Computing Week" in San Jose, and probably everywhere else, too.
Feds push child-porn cases; penalty can be years in prison
Just a few mouse clicks into the forbidden world of Internet child porn can transform an apparently upstanding individual into a federal prison inmate - doing a long sentence.
Flex your apps
Expecting a new golden age of handset software, programmers are developing thousands of new applications that they're betting you'll want on your phone.
Docu-Drama: Verifone to offer basic reference for departing CFOBarry Zwarenstein leaves the same day the company amends financial statements and wipes out $70 million in past profits.
AT&T expands tech support to cover other gadgets
Phone companies have been expanding their technology-support offerings, and AT&T took that trend one step further last week by introducing a tech-help plan that's even available to people who don't subscribe to other AT&T services. AT&T ConnecTech offers in-home service for "virtually all" tech-support needs, the company said, including home theater installation, wall-mounting of flat-panel TVs and computer repair, starting at $99.
Critically ill find companionship, advice on Internet
Limited physical mobility is one reason that a growing number of people with serious illnesses are turning to the Web. They set e-mail alerts for the latest research, read first-hand accounts of treatments they could try, and start blogs and join chatrooms, sharing in a sort of virtual catharsis. For someone who can't easily go out to lunch with friends, chatting and writing online "can create a little normalcy," says University of Miami psychiatrist Eva Ritvo. "We are by nature a social being, and we like to share information."
Scientists tackle the problem of tongue-powered computing
The tireless tongue already controls taste and speech, helps kiss and swallow and fights germs. Now scientists hope to add one more ability to the mouthy muscle, and turn it into a computer control pad.
Magid: Expect a lot of convention coverage by new media
The blogosphere and Web video sites will provide views and perspectives of the two parties' conventions that people -- especially political junkies --would otherwise miss.
A tangled family fight over former Intel director's fortune
Jim Guzy retired as Intel's longest-serving director in May, winding up one part of a classic Silicon Valley career - Stanford grad, high-tech exec, entrepreneur, inventor, angel investor and multimillionaire.
NEWS
iTunes blocked in China
Customers of the Apple's iTunes online music store were unable to download songs this week, and an activist group said Beijing was trying to block access to a new Tibet-themed album.
Customers of the Apple's iTunes online music store were unable to download songs this week, and an activist group said Beijing was trying to block access to a new Tibet-themed album.
Sunday, August 24, 2008
Microsoft: We're not "cool enough" for Mac OS X
If you thought the new Get a Mac ads were spot-on or funny, then you will definitely get a kick out of this. On Microsoft's Photosynth website, they admit something that we've known for years: They're not cool enough to run on Macs.
"Unfortunately, we're not cool enough to run on your OS yet. We really wish we had a version of Photosynth that worked cross platform, but for now it only runs on Windows. Trust us, as soon as we have a Mac version ready, it will be up and available on our site," reads the website.
Photosynth is a technology Microsoft has designed to create 3-D "worlds" with your photos. This technology is definitely cool, and we actually would like to see it come to the Mac, but the way they worded the install page just makes us laugh. Meanwhile, VMware Fusion's Pete Kazanjy told us that the warning about Photosynth not working in a virtual machine isn't quite right; he got it running just fine in Fusion 2 Beta 2, and has the video to prove it.
"Unfortunately, we're not cool enough to run on your OS yet. We really wish we had a version of Photosynth that worked cross platform, but for now it only runs on Windows. Trust us, as soon as we have a Mac version ready, it will be up and available on our site," reads the website.
Photosynth is a technology Microsoft has designed to create 3-D "worlds" with your photos. This technology is definitely cool, and we actually would like to see it come to the Mac, but the way they worded the install page just makes us laugh. Meanwhile, VMware Fusion's Pete Kazanjy told us that the warning about Photosynth not working in a virtual machine isn't quite right; he got it running just fine in Fusion 2 Beta 2, and has the video to prove it.
Saturday, August 23, 2008
NEWS
Internet service providers curb traffic
Several Internet service providers are moving to curb the growth of traffic on their networks, or at least make the subscribers who download the most pay more. This could have consequences not just for consumers -- who would have to learn to watch how much data their Internet use entails -- but also for companies that hope to make the Internet a conduit for movies and other content that comes in huge files.
Telecom, cable rollouts raise ire over utility boxes
As cable and phone companies race to upgrade services or offer video for the first time, they're doing it by installing equipment in boxes on lawns, easements and curbs all over American neighborhoods. Telecommunications rollouts have always been messy, but several towns and residents are fighting back with cries of "Not in my front yard!"
FDA clears Amgen drug for blood-clotting disorder
Federal regulators on Friday approved a biotech drug from Amgen Inc. to treat a rare blood-clotting disorder.
Company finds niche by selling video game rosters
Video gamers crave authenticity, and for the most part NCAA Football '09 delivers. There is, however, an exception. NCAA rules prohibit game maker EA Sports from using players' real names. Enter Brian Kaldenberg, the 25-year-old whiz kid president of Gamerosters.com.
In Hindsight: An A+ for Apple, Google; a move for Facebook
Plus: Hewlett-Packard earnings, foreclosures boost Bay Area real estate sales, $84.6 million more for Oracle's Larry Ellison, Intuit earnings, and grim words about the economy from Ben Bernanke and Warren Buffett.
Embarq to cut 500-700 jobs
Telecommunications company Embarq Corp. is cutting between 500 and 700 jobs and eliminating around 300 contract positions.
Company acknowledges voting machine programming error
A major voting machine maker has cautioned its customers in 34 states to look out for a programming error that may cause votes to be dropped.
Hynix Semiconductor says end of U.S. tariffs will help
The United States has decided to end punitive duties imposed on Hynix Semiconductor Inc. in 2003, a move the South Korean company says will help put it back in the black.
Intuit increasingly reliant on online servicesIntuit is betting its future on selling services online, as more consumers and small businesses use Web-based programs to pay taxes and keep track of their money.
Genentech dangles cash carrot for employeesGenentech said Thursday it plans to spend $371 million in cash to keep its scientists, executives and other employees from leaving in light of Swiss drug-giant Roche's proposal to buy out the South San Francisco biotech company.
Several Internet service providers are moving to curb the growth of traffic on their networks, or at least make the subscribers who download the most pay more. This could have consequences not just for consumers -- who would have to learn to watch how much data their Internet use entails -- but also for companies that hope to make the Internet a conduit for movies and other content that comes in huge files.
Telecom, cable rollouts raise ire over utility boxes
As cable and phone companies race to upgrade services or offer video for the first time, they're doing it by installing equipment in boxes on lawns, easements and curbs all over American neighborhoods. Telecommunications rollouts have always been messy, but several towns and residents are fighting back with cries of "Not in my front yard!"
FDA clears Amgen drug for blood-clotting disorder
Federal regulators on Friday approved a biotech drug from Amgen Inc. to treat a rare blood-clotting disorder.
Company finds niche by selling video game rosters
Video gamers crave authenticity, and for the most part NCAA Football '09 delivers. There is, however, an exception. NCAA rules prohibit game maker EA Sports from using players' real names. Enter Brian Kaldenberg, the 25-year-old whiz kid president of Gamerosters.com.
In Hindsight: An A+ for Apple, Google; a move for Facebook
Plus: Hewlett-Packard earnings, foreclosures boost Bay Area real estate sales, $84.6 million more for Oracle's Larry Ellison, Intuit earnings, and grim words about the economy from Ben Bernanke and Warren Buffett.
Embarq to cut 500-700 jobs
Telecommunications company Embarq Corp. is cutting between 500 and 700 jobs and eliminating around 300 contract positions.
Company acknowledges voting machine programming error
A major voting machine maker has cautioned its customers in 34 states to look out for a programming error that may cause votes to be dropped.
Hynix Semiconductor says end of U.S. tariffs will help
The United States has decided to end punitive duties imposed on Hynix Semiconductor Inc. in 2003, a move the South Korean company says will help put it back in the black.
Intuit increasingly reliant on online servicesIntuit is betting its future on selling services online, as more consumers and small businesses use Web-based programs to pay taxes and keep track of their money.
Genentech dangles cash carrot for employeesGenentech said Thursday it plans to spend $371 million in cash to keep its scientists, executives and other employees from leaving in light of Swiss drug-giant Roche's proposal to buy out the South San Francisco biotech company.
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