Noel's Feed
May 30, 2013

Intel scores major win in new Samsung Galaxy tablet: source

SAN FRANCISCO (Reuters) – Samsung Electronics has chosen an Intel Corp processor to power a new version of one of its top-tier Android tablets, a source with knowledge of the plans told Reuters, in a major victory for the U.S. chipmaker, which is struggling to find its footing in the mobile market.

Samsung has chosen Intel’s Clover Trail+ mobile chip for at least one version of its Galaxy Tab 3 10.1, which competes with Apple Inc’s iPad, a source familiar with the matter told Reuters on Thursday, speaking on condition of anonymity because the specifications have not been announced.

May 28, 2013

PC shipments face sharp slump in 2013 as tablets ascend – IDC

SAN FRANCISCO (Reuters) – Global personal computer shipments face a deeper-than-expected 7.8 percent slump this year as tablets overtake laptops for the first time, according to a report from market research company IDC.

The firm previously had forecast a 1.3 percent decline in PC shipments for 2013 but said in a report on Tuesday that consumers content with tablets are continuing to hold off replacing ageing laptops and desktop computers.

May 24, 2013

Salesforce.com’s quarterly results disappoint Wall Street

By Noel Randewich

(Reuters) – Salesforce.com Inc’s (CRM.N: Quote, Profile, Research, Stock Buzz) quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower.

Under Marc Benioff, Salesforce’s CEO and founder, the company’s fast revenue growth has made it a favorite with investors eager to own part of the growing trend among businesses to outsource their information technology needs – from servers to software, a phenomenon known as cloud computing.

May 23, 2013

Salesforce.com’s quarterly outlook disappoints

May 23 (Reuters) – Salesforce.com Inc’s earnings
outlook for the current quarter failed to inspire investors used
to strong numbers from the cloud-based business software
pioneer, and its shares fell 6 percent.

Under Marc Benioff, Salesforce’s CEO and founder, the
company’s fast revenue growth has made it a favorite with
investors eager to own part of the growing trend among
businesses to outsource their information technology needs -
from servers to software, a phenomenon known as cloud computing.

May 23, 2013

Apple supplier Cirrus slumps as pricing pressure grows

SAN FRANCISCO, May 23 (Reuters) – Shares of Apple (AAPL.O: Quote, Profile, Research)
supplier Cirrus Logic (CRUS.O: Quote, Profile, Research) slumped 18 percent on Thursday
after the chipmaker said in a filing it faces growing pricing
pressure in the smartphone market.

Cirrus said in the filing it expects gross margins in the
mid-40s. It did not indicate what period it was referring to and
a spokesman did not immediately reply to a request for comment.

May 23, 2013

America’s Cup makes changes to improve safety following death

SAN FRANCISCO (Reuters) – America’s Cup organizers said on Wednesday that they have made rule changes to improve safety in the upcoming regatta after a fatal training accident on San Francisco Bay earlier this month.

As a result of investigations into the death of a sailor when an ultra-fast AC72 catamaran capsized on May 9 and broke apart, competitors will review the integrity of the boats and their wing sails, the America’s Cup Event Authority said in a statement.

May 21, 2013

Intel CEO shakes up units, creates ‘new devices’ group

SAN FRANCISCO, May 21 (Reuters) – Intel Corp’s new
chief executive, Brian Krzanich, has launched a sweeping company
reorganization and created a unit aimed at growing its market
share in future mobile technologies.

The shakeup, announced internally just days after the
30-year veteran took the helm, places most of the main product
groups of the world’s top chipmaker directly under the CEO’s
supervision and hands its sprawling global manufacturing
operation to new president Renee James, said a source close to
the company, who declined to be identified.

May 21, 2013

Exclusive: Intel CEO shakes up units, creates “new devices” group – source

SAN FRANCISCO (Reuters) – Intel Corp’s new chief executive, Brian Krzanich, has reorganized key business groups and created a “new devices” unit, according to a source who has seen an internal email, shaking up the world’s top chipmaker days after formally assuming control.

The chipmaker’s main product groups – including the PC client group, mobile communications and data center unit that previously reported to Intel Architecture group chief Dadi Perlmutter – now report directly to Krzanich, the source said, citing the email sent to employees.

May 21, 2013

Intel CEO shakes up units, creates ‘new devices’ group -source

SAN FRANCISCO, May 21 (Reuters) – Intel Corp’s new
chief executive, Brian Krzanich, has reorganized key business
groups and created a “new devices” unit, according to a source
who has seen an internal email, shaking up the world’s top
chipmaker days after formally assuming control.

The chipmaker’s main product groups – including the PC
client group, mobile communications and data center unit that
previously reported to Intel Architecture group chief Dadi
Perlmutter – now report directly to Krzanich, the source said,
citing the email sent to employees.

May 18, 2013

America’s Cup team calls for changes to make regatta safer

ALAMEDA, California (Reuters) – The head of the Italian sailing team in the America’s Cup called on Friday for lowering limits on wind speeds and other safety measures to make the regatta less dangerous following a deadly accident last week.

Prada fashion house co-founder Patrizio Bertelli said if the other three participants cannot agree on ways to improve safety, his team Luna Rossa Challenge could withdraw from the international competition due to get underway in San Francisco Bay in July.

    • 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."
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