Noel's Feed
Jul 11, 2013

America’s Cup jury to rule on controversial rule changes

SAN FRANCISCO (Reuters) – An international jury for the ill-fated America’s Cup was set to rule on Thursday in a dispute over design changes to make boats safer that two of the challengers say give an unfair edge to the defending team of software tycoon Larry Ellison.

Luna Rossa Challenge, from Italy, and Emirates Team New Zealand object to the requirements put in place after a May accident that killed Sweden’s Artemis Racing crew member Andrew Simpson, an Olympic sailing champion from Britain, and wrecked the team’s boat during a practice sail on San Francisco Bay.

Jul 11, 2013

Sailing-America’s Cup jury to rule on controversial rule changes

SAN FRANCISCO, July 11 (Reuters) – An international jury for
the ill-fated America’s Cup was set to rule on Thursday in a
dispute over design changes to make boats safer that two of the
challengers say give an unfair edge to the defending team of
software tycoon Larry Ellison.

Luna Rossa Challenge, from Italy, and Emirates Team New
Zealand object to the requirements put in place after a May
accident that killed Sweden’s Artemis Racing crew member Andrew
Simpson, an Olympic sailing champion from Britain, and wrecked
the team’s boat during a practice sail on San Francisco Bay.

Jul 11, 2013

Lenovo rises to top of PC maker rankings as market slumps

SAN FRANCISCO/SINGAPORE, July 10 (Reuters) – China’s Lenovo
Group Ltd unseated Hewlett-Packard as the
world’s top PC maker in the latest quarter – a quarter which saw
global shipments tumble 11 percent from a year earlier due to
spectacular growth in tablets and smartphones.

It was the fifth straight quarter of decline and analysts
expect PC shipments to continue to fall, albeit at a slower pace
as companies upgrade to Windows 8 and buy laptops that can be
separated from keyboards to become tablets.

Jul 8, 2013

Applied Materials maintains outlook on chip-making gear

SAN FRANCISCO, July 8 (Reuters) – Applied Materials Inc
said it expects industry spending on wafer fabrication
equipment to be flat to down 10 percent this year from 2012, in
line with past predictions as growth in smartphones remains
tempered by caution about the world economy.

Applied Materials CEO Mike Splinter told analysts at the
chip manufacturing gear supplier’s annual investor day that he
expects spending to improve next year, driven by demand for more
and better smartphones and by the increased complexity of new
manufacturing processes being adopted by chipmakers.

Jul 7, 2013

Sailing-America’s Cup gets under way with one-boat race

SAN FRANCISCO, July 7 (Reuters) – The 34th America’s Cup
sailing regatta began in San Francisco on Sunday with only one
team competing in the first race as Italy’s Luna Rossa Challenge
sat it out in protest of rule changes it says put it at a
disadvantage.

In an bizarre start to a competition that was originally
meant to attract a dozen or more international challengers,
Emirates Team New Zealand sailed the race course alone in San
Francisco Bay in order to formally win the first of several
matches in the Louis Vuitton Cup.

Jul 7, 2013

America’s Cup set to get under way with one-boat race

SAN FRANCISCO, July 7 (Reuters) – The 34th America’s Cup
sailing regatta was set to begin in San Francisco on Sunday with
only one team competing in the first race as Italy’s Luna Rossa
Challenge sat out in protest of rule changes it says put it at a
disadvantage.

Emirates Team New Zealand is expected to compete in the race
course alone in San Francisco Bay in order to formally win the
first of several matches in the Louis Vuitton Cup. The winner of
the Louis Vuitton Cup will challenge software tycoon Larry
Ellison’s Oracle Team USA for the America’s Cup in September.

Jul 5, 2013

Troubled America’s Cup regatta strains to reach starting line

SAN FRANCISCO (Reuters) – Sunday was supposed to be when the controversy and tragedy that have surrounded the 34th America’s Cup regatta would finally give way to a breathtaking spectacle of 72-foot catamarans racing around San Francisco Bay, barely touching the water, at speeds previously unheard in sailing.

However, in keeping with an event where little has gone as planned, the skipper of Italian competitor Luna Rossa Challenge said Friday that – as a matter of principle – his team may not show up for the match with Emirates Team New Zealand that was supposed to kick off the summer of racing.

Jul 3, 2013

San Francisco area rail strike enters third day, talks continue

SAN FRANCISCO (Reuters) – Commuters in the San Francisco area endured a third day of gridlock on Wednesday, as rail workers resumed negotiations to raise their pay and end their first strike in more than 15 years.

The strike by 2,400 Bay Area Rapid Transit (BART)system workers, which began on Monday, came after acrimonious discussions over wages and benefits broke down hours before labor agreements expired late on Sunday. Each side blamed the other for abandoning talks to end the strike.

Jul 1, 2013

San Francisco area rail strike causes traffic nightmare

SAN FRANCISCO (Reuters) – Workers at the San Francisco Bay Area’s commuter rail system went on strike on Monday, creating gridlock on highways leading into the city and headaches for thousands of people trying to get to work.

Commuters stood in long lines waiting for specially scheduled buses outside locked train stations in the East Bay, while others cued up at “casual carpool” spots, where drivers and passengers regularly link up to ride into San Francisco.

Jun 28, 2013

Intel executives increase focus on Atom mobile chip

SAN FRANCISCO (Reuters) – Intel Corp’s top executives said on Friday the microprocessor company would speed up development and roll-out of its Atom chips for mobile devices, as the computing world moves away from the traditional personal computer.

The company is also being “cautious” on its Intel television service, as it continues to look at the business model, according to the company’s new Chief Executive Officer Brian Krzanich.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
    • Follow Noel