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Archive for May 4th, 2008

Tech’s Top-Paid CEOs

Posted by: ADMIN on: May 4, 2008

According to Forbes,  the top paid CEOs are as follows:
1.  Larry Ellison (Oracle) – $192.9 million
2.  Nabeeb Gareel (MEMC Electronic Materials) – $79.6 million
3.  John Cambers (Cisco) – $54.8 million
4.  Mark Hurd (HP) – $27.6 million
5.  Jen-Hsun Huang (NVIDIA) – $24.6 million
6.  Samual Palmisano (IBM) – $24.3 million
7.  Wendell Weeks (Corning) – $22.6 million
8.  Joseph [...]

Nortel Networks loss grows to $138-million

Posted by: ADMIN on: May 4, 2008

Nortel Networks announced its results for firstquarter 2008 – sales increased but net loss widened.
Nortel lost $138 million, or 28 cents per diluted share. A year earlier, losses were $103 million, or 23 cents per share.
Revenue rose 11% to $2.76 billion from $2.48 billion.

HP Lab Creates Revolutionary New Form of Memory

Posted by: ADMIN on: May 4, 2008

In a paper published by Nature, four researchers at HP Labs’ Information and Quantum Systems Lab, presented the mathematical model and a physical example of a “memristor” – a blend of “memory resistor” – which has the unique property of retaining a history of the information it has acquired.
Memristor-based memory and storage has the [...]

SAP and Research in Motion have announced that they are now collaborating to bring CRM applications to the Blackberry platform.
The two companies are collaborating on a co-development partnership which they claim would change the scenario on the mobile platform.
SAP said that they would now be building a version of its CRM applications for the RIM [...]

Microsoft Withdraws Yahoo Takeover Offer

Posted by: ADMIN on: May 4, 2008

Microsoft Corp has withdrawn its offer to buy Yahoo after the Internet company turned down its latest offer to raise the price by $5 billion to $47.5 billion.
Microsoft’s offer was for $33 a share but Yahoo would not lower its demand below $37.
“Despite our best efforts, including raising our bid by roughly $5 billion, Yahoo! [...]


Breaking News

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  • One Laptop Per Child (OLPC) project announced plans to deliver an ultrathin computer - XO 3. 2 days ago
  • Report shows average person Spends 13 hours online per week 2 days ago

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