According to the WSJ , several Apple executives were issued stock options on 17 January 2001, just before issuing its fiscal first quarter 2001 report. The stock value rose immediately thereafter, and each executive (excluding Steve Jobs) was about $7.5 million richer. It raises eyebrows...but hey, it's not backdating, is it. What's more, it might not be illegal.
Apple announced this morning it may have to restate the company's earnings for the past four years, and that any statements that currently exist for that time period may be unreliable. The reason is that an SEC investigation has apparently turned up evidence of a curious accounting practice that concerns how executives receive non-cash compensation. It's the correction which could spell trouble for Apple.
In Microsoft's ongoing battle with Eolas Technologies - the patent-holding arm of the University of California, whose claim to having patented program functionality invoked through Web pages was upheld - the Appeals Court for the Federal Circuit on Monday granted Microsoft's request for the case to be remanded to a new judge.
Gateway, the third largest PC company in the U.S., to day reported sales of $919 million and a net loss of $7.7 million for the second quarter. In Q2 of 2005, the company had reported $873 million in sales and a net profit of $17.7 million.
For the first time in U.S. history, a court is providing general access to most trial materials in a criminal case via its website.
In an unexpected turn of events, the Federal Trade Commission today announced that it has determined that Rambus "unlawfully monopolized the markets" for four DRAM technologies. The ruling will result in a remedy for "the substantial competitive harm" and may provide a new opportunity for memory manufacturers to tackle licensing fees demanded by Rambus.
New York (NY) - It will be the single toughest sell the company has ever had to make, and yet it doesn't expect to earn anything from it: Today, AOL's new CEO, Jonathan Miller, joined his corporate parent's boss, Time Warner president Jeff Bewkes, in declaring that e-mail and other services for which AOL was among the last to charge a premium, would now be marketed for free. This in a world where such services have already been largely given away for the better part of the decade.
More demand for DDR memory has resulted in a steep increase in memory prices and a surge in DRAM revenues for manufacturers. Market research firm Isuppli expected a 4.4% increase in sales over the first quarter of this year and now reports that memory companies were able to boost their DRAM revenues by 14.3%.
Elitegroup Computer Systems (ECS), mainly knows as a motherboard manufacturer in the U.S., today said that it will acquire Uniwill Computer, Taiwan's leading manufacturer of ultra-portable notebook (whitebook) solutions.
Apple today said that that it has "initiated a worldwide battery exchange program" for "certain" rechargeable batteries that were included with Macbook Pro notebooks from February 2006 through May 2006.
A trend towards mobile computing is not just the driving force behind PC sales - graphics chip developers are seeing most of their growth in the mobile segment as well, according to JPR. In Q2, it was the green team that was especially successful in this field: Nvidia gained ground across the board and was the only graphics chip company to grow its shipments sequentially.
The days of Myspace and other social networking sites could be numbered at schools and public libraries. The Deleting Online Predators Act (DOPA) has overwhelmingly passed the House of Representatives by a 410 to 15 vote.
An unexpected halt to Pentium D price declines, followed by a slight bump, helped two more AMD dual-core processors join four of their peers today at positions at or below the price/performance curve TG Daily projects for Intel dual-core processors, based on new data from PriceGrabber and Froogle.
Round Rock (TX) - AMD's first genuinely successful product in the PC CPU market was a product called K5. Far from its first processor, K5 was positioned as a price/performance competitor to Intel's Pentium. Later, AMD established a position for itself on the high-end as well, and even on the premium side of the price scale, as a performance leader. This was a strategy that would confound Intel's best efforts for nearly two years. But those periods of history are marked by the milestones of Intel's competitive responses, all of which drove AMD to new directions.
Intel isn't wasting time to push its new Core 2 Duo processor into the market. During the presentation of the chip at Intel's Santa Clara headquarters, chief executive Paul Otellini said that the Core 2 Duo will ramp in production faster than any previous processor and will cross then 1 million mark within seven weeks. He compared the ramp to the original Pentium processor, which needed more than one year to hit the one million mark about 12 years ago.
Round Rock (TX) - Keeping one promise Dell Computer chairman Michael Dell made earlier this month to have Core 2 Duo and Core 2 Extreme processors available in top-of-the-line models "day and date" with Intel's release, the company has modified the buildout components available for its XPS 700 series computers, with the new processors now available. But will Dell Computer be able to keep an even bigger promise: specifically, shipping XPS systems its customers have already ordered?
The proprietors of Kazaa - the biggest P2P file sharing network for unmonitored content ever developed, by most estimates - announced a settlement with movie studios and music publishers, in order to avoid a fate similar to what its co-defendant Grokster faced in their landmark battle with MGM.
Microsoft is a company supported by "two big muscles," CEO Steve Ballmer said today: namely, online services and entertainment. So with both muscles going at once, it's no wonder the company has a hard time coming up with a firm date for consumer shipments of Windows Vista, saying now it'll ship "when it's ready."
Sunnyvale (CA) - The opportunity is huge: A personal computing platform with low power consumption, designed for mobility, merging a high-performance 64-bit computing platform with the parallel processing power of one of the most capable graphics platforms ever developed. When you see the prospects in terms of the fully assembled jigsaw puzzle that they jointly announced on Monday, it may appear that AMD and ATI have managed to fit all their pieces together.
Sunnyvale (CA) - As street prices start to stabilize following discounts on Intel's Pentium D series, and AMD's Athlon FX and Athlon 64 X2 series, dual-core processors announced Monday, it's now clear that AMD is positioning its 64 X2s in very close alignment with Intel's 65 nm Pentium D 900 series. With updated data from PriceGrabber and Froogle gathered today, TG Daily now estimates that the four least expensive dual-core processors AMD now offers is sufficiently price competitive with the performance curve set by Intel.