Noel's Feed
Nov 2, 2011

US veteran’s journey from Iraq to Oakland protests

Nov 2 (Reuters) – In downtown Oakland, California, where
protesters affiliated with the Occupy Wall Street movement
demonstrated on Wednesday, a makeshift shrine honors Scott
Olsen, an Iraq war veteran who has become an accidental symbol
of their cause.

Pictures of Olsen in his U.S. Marine Corps uniform sit next
to images of him lying bleeding on the ground after being hit
in the head by a projectile during a violent confrontation
between police and Occupy Oakland protesters last week.

Oct 29, 2011

Oakland protesters plan march, mayor apologizes

OAKLAND, Calif (Reuters) – Calls for a general strike in Oakland by protesters against economic inequality gathered force on Friday as activists voted to march to the city’s busy port next week to disrupt cargo traffic there.

The Oakland demonstrators allied with the so-called Occupy Wall Street movement decided on the port action during a “general assembly” meeting by hundreds of activists gathered at an outdoor plaza near City Hall.

Oct 28, 2011

Thai floods boost PC hard drive prices

SAN FRANCISCO, Oct 28 (Reuters) – Prices for hard drives
are jumping as flooding in Thailand creates a shortage of the
major component used in personal computers and one big customer
is complaining of price gouging.

Drive manufacturers have raised prices by 20 to 40 percent
and international electronics distributor Avnet Inc in turn has
raised its prices by a similar amount after water poured into
factories this month, said Avnet Senior Vice President Chuck
Kostalnick.

Oct 27, 2011

Chipmaker AMD says resolving output problem

By Noel Randewich

(Reuters) – Advanced Micro Devices Inc (AMD.N: Quote, Profile, Research, Stock Buzz) forecast higher fourth-quarter revenue as it recovers from a manufacturing setback that has pinched the supply of its new personal computer processors.

AMD, a distant second to Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) in selling microprocessors that are the brains of PCs, said it was working with manufacturing partner GlobalFoundries to resolve the problem affecting its new 32 nanometer Llano chips as well as older 45 nanometer chips.

Oct 27, 2011

Chipmaker AMD results beat expectations

Oct 27 (Reuters) – PC chipmaker Advanced Micro Devices’ third-quarter results beat expectations and it forecast
higher fourth-quarter revenue as emerging market sales help
make up for a manufacturing setback.

Trouble perfecting the high-tech manufacturing of AMD’s new
32 nanometer “Llano” chips had added to pressure on sales
already hit by a shaky economy and weak consumer demand.

Oct 27, 2011

Clash with police stirs Oakland economic protest

OAKLAND, Calif, Oct 26 (Reuters) – Over 1,000 activists
protesting economic inequality and corporate greed massed on
Wednesday night in a downtown Oakland plaza from which they had
been evicted a day earlier in clashes with police that left 85
people arrested and one critically hurt.

The severe injury of Scott Olsen, 24, a former U.S. Marine
who friends said served two tours of duty in Iraq, became a
rallying cry among Occupy Wall Street supporters in Oakland and
elsewhere as organizers took to Twitter and other social media
urging protesters back into the streets.

Oct 27, 2011

Iraq war vet critically hurt in Oakland protests

OAKLAND, Calif (Reuters) – An Iraq war veteran was listed in critical condition on Wednesday from injuries he suffered during clashes between police and protesters in Oakland, triggering calls for renewed Occupy Wall Street demonstrations across the country.

Rally organizers said Scott Olsen, 24, a former U.S. Marine, was struck in the head on Tuesday night by a tear gas canister fired by police during a confrontation with protesters trying to move back into a downtown Oakland plaza that has been the scene of protests against economic inequality.

Oct 26, 2011

LSI buys SandForce to power high-end storage drive

Oct 26 (Reuters) – Chipmaker LSI plans to buy flash
storage provide SandForce for $322 million to strengthen its
presence in the fast-growing enterprise flash storage market.

The company also reported third-quarter results in line
with expectations as flooding in Thailand disrupts the
country’s hard disk drive industry, for which LSI makes
controllers.

Oct 26, 2011

Police scuffle with protesters in Oakland march

OAKLAND, Calif, Oct 25 (Reuters) – Police and protesters
scuffled in Oakland on Tuesday as more than 1,000 people
marched on city hall to voice anger over scores of arrests at
an “Occupy Wall Street” camp.

The march was largely peaceful, although police at one
point surrounded a group of demonstrators on a downtown street,
taking several into custody before setting off what appeared to
be a stun grenade to disperse the throng.

Oct 26, 2011

Scuffles erupt as Oakland protesters march on city hall

OAKLAND, Calif (Reuters) – Police and protesters scuffled in Northern California on Tuesday as more than 1,000 people marched on city hall in Oakland to voice anger over arrests at an “Occupy Wall Street” camp.

Police surrounded a group of demonstrators on a downtown Oakland street, taking several into custody before setting off what appeared to be a stun grenade to disperse the throng.

    • 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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