Category: News

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From Wired Top Stories: Intel Sees Exabucks in Supercomputing’s Future

Infiniband, for those who know it and use it, is crazy cool stuff… parallel computing wouldn’t be possible without it!  It beats Gigabit Ethernet hands down!  So Intel buying one of the 2 major companies in that market is huge!

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On Monday, Intel shelled out $125 million to buy Infiniband from Qlogic, a little-known maker of data center networking switches and cards. It seems like an odd move. Infiniband is a networking fabric technology, similar to Ethernet, but not nearly as widely used. So why is Intel paying millions for technology that lost out in the business world? Because supercomputing systems are now turning into big business.

from Wired Top Stories

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From Business and financial news – CNNMoney.com: ROMNEY MADE $43 MILLION

I knew he was rich… but dang!!  o.O  That whole 15% tax seems … unfair… even if it’s capital gains tax but that’s just me being poor and sore loser.  😛

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Republican presidential candidate Mitt Romney made $42.7 million over the past two years and paid $6.2 million in taxes, according to documents released Tuesday by his campaign.

from Business and financial news – CNNMoney.com

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From Engadget: Dutch court rejects Apple appeal, says Samsung Galaxy Tab 10.1 is legal

Finally!!!  I hope this is a sign back to normalcy for business… Apple needs to quit it!
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A court in the Hague has just cleared the Samsung Galaxy Tab 10.1 for sale in the Netherlands, rejecting Apple’s requests for a nationwide ban. As NU.nl reports, a different Dutch court had already issued a similar ruling in October, which Cupertino promptly appealed, claiming that Sammy’s slate was too similar to its own iPad 2. Today, though, the Court of the Hague shot down Apple’s arguments, determining that there are enough differences between the two products to legally justify their coexistence. Granted, this is only one of manypatent battles that the two companies are currently waging, but for today, at least, it looks like Samsung has come out on top.[Thanks, Rolfski]

 

from Engadget

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From Engadget: RIM stock falls eight percent following CEO transition

Ouch. RIM, the maker of Blackberry, just can’t seem to catch a break…
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We rarely meddle with stock news around these parts, but this was a pretty significant piece of meat to chew on. After Research in Motion introduced Thorsten Heins as the new CEO last night and again in a conference call this morning, the company’s stock price tumbled a whopping 8.47 percent. When it comes to what kind of difference the transition will make for the struggling company, we haven’t had a high amount of confidence; while we hope for the best and want to see RIM turn things around, the falling stock appears to indicate that we’re not alone in expressing concerns about this morning’s events. Here’s some food for thought: when rumorsthat Samsung was interested in purchasing RIM flooded the internet, the latter company’s stocks spiked by nearly ten percent.

 

from Engadget