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Intel Again Seeks To Use Acquisitions To Expand In Wireless

Intel Again Seeks To Use Acquisitions To Expand In Wireless

NEW YORK –Intel Corp.’s (INTC) $1.4 billion acquisition of Infineon Technologies AG’s (IFNNY, IFX.XE) wireless unit marks another step by the chip maker to expand in the wireless device market, an area where it has struggled in the past.
Intel’s need to push further into wireless was highlighted Friday by the company’s surprising warning that [...]

August 31 2010 | Posted in Business, Technology, US, Wireless | Read More »

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Intel buys McAfee for $7.7B in push beyond PCs

Intel buys McAfee for $7.7B in push beyond PCs

SAN FRANCISCO – Talk about a new meaning for “Intel Inside.”
Intel Corp. wants to be inside your television. And your cell phone. And your car. And pretty much any other device that could one day connect to the Internet and require a computer chip.
And with its deal to buy McAfee Inc. for $7.68 billion, the [...]

August 21 2010 | Posted in Business, US | Read More »

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Muslim employee: Disney banned her head scarf

Muslim employee: Disney banned her head scarf

ANAHEIM, Calif. – A Muslim woman who works as a hostess at a Disneyland restaurant alleged Wednesday the theme park would not allow her to appear in front of customers while wearing her head scarf.
Imane Boudlal, 26, appeared outside the resort’s Grand Californian Hotel after filing a complaint with the U.S. Equal Employment Opportunity Commission.
She [...]

August 21 2010

| Posted in Business, Religion, US | Read More »

WikiLeaks seeks online safe haven in Sweden

WikiLeaks seeks online safe haven in Sweden

STOCKHOLM – WikiLeaks moved its servers from the U.S. to Sweden in 2007 to take advantage of laws protecting whistleblowers and a culture supportive of online mavericks.
Sweden’s support for Internet freedom has made it a base for cyberactivists ranging from a Chechen rebel site to the file-sharing hub The Pirate Bay.
But even here, WikiLeaks may [...]

August 19 2010api | Posted in Business, Current News, Online Services, Spotlight, Technology, US | Read More »

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China overtakes Japan in 2Q as No. 2 economy

China overtakes Japan in 2Q as No. 2 economy

TOKYO — Japan lost its place as the world’s No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery.
Gross domestic product grew at an annualized rate of just 0.4 percent, the government said Monday, far below the annualized 4.4 percent expansion in the first quarter [...]

August 16 2010

| Posted in Business, Current News, International, US | Read More »

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How to Retire Comfortably for Under $1,500 a Month

How to Retire Comfortably for Under $1,500 a Month

Jason and Elizabeth Pearce moved from Canada to Belize three years ago. They bought a piece of property on the sea. A year later, they built a house. Today, they live in a beautiful Santa Fe adobe-style home with gardens all around.
The pair lives very comfortably, without wants or financial worries. They’ve had no trouble [...]

August 13 2010 | Posted in Business, US | Read More »

Ranks of Millionaires, Impoverished Both Are Climbing

Ranks of Millionaires, Impoverished Both Are Climbing

Considering the U.S. economy is still struggling, newly-released data showing an all-time record number of food stamp recipients – 40.8 million in May, up by 400,000 compared to April – shouldn’t surprise many people.
On the other hand, it may seem peculiar that there was a sharp increase in the number of millionaires.
Yet, according to a [...]

August 10 2010

| Posted in Business, Current News, Finances, People, US | Read More »

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Disgraced HP CEO to get about $28m in cash, stock

Disgraced HP CEO to get about $28m in cash, stock

SAN FRANCISCO – Lauded for making Hewlett-Packard Co. the world’s biggest technology company, CEO Mark Hurd was in talks for a new contract worth about $100 million, according to a person familiar with the negotiations.
Instead, he’s getting almost one-third that much just to go away.
HP said Friday that it ousted Hurd after its investigation of [...]

August 7 2010 | Posted in Business, Current News, US | Read More »

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Apple Rumors

Apple Rumors

We’re just about one month away from Apple’s usual fall iPod event, wherein the company typically introduces new iPod models in time for the holiday buying season. iLounge recently rounded up several rumors from a reportedly solid source, while Hardmac posted a photo illustration of a purported new iPod touch from a case manufacturer. [...]

August 6 2010 | Posted in Apple, Business, Technology, US | Read More »

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After 378 years, NH family farm goes up for sale

After 378 years, NH family farm goes up for sale

DOVER, N.H. – In 1632, John Tuttle arrived from England to a settlement near the Maine-New Hampshire border, using a small land grant from King Charles I to start a farm.
Eleven generations and 378 years later, his field-weary descendants — arthritic from picking fruits and vegetables and battered by competition from supermarkets and pick-it-yourself farms [...]

August 2 2010 | Posted in Business, US | Read More »

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