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Business Tech

Sony's Stringer consolidates power

Update at 9:10 a.m. PST: Comments added from an Ovum analyst.

The top three executives at Sony soon will all be named Howard Stringer.

The Japanese electronics giant on Friday announced a management shake-up in which Stringer, who already is serving as chairman and CEO, will also take on the role of company president. In doing so, Stringer replaces Ryoji Chubachi, who will become vice chairman.

At a press conference in Japan, Stringer played up the efficiencies of his becoming president. "Why do we need another executive in between me and this group?" he said, according … Read more

Bleak week for memory chipmakers

Memory chipmakers, the hardest-hit of the silicon suppliers, this week faced bankruptcy, layoffs, and bleak prospects.

Micron Technology kicked things off by announcing that it would cut as many as 2,000 jobs. Micron and other memory chip manufacturers are all singing the same sad song: slumping revenues amid a steep downward price spiral.

The largest U.S. maker of memory chips said decreased demand for specialty DRAM products had "created additional challenges" for its Boise, Idaho, manufacturing operations. As a result, Micron said it will phase out 200-millimeter wafer manufacturing operations at the company's Boise facility. … Read more

Novell chief rues first-quarter Linux performance

This was originally published in ZDNet's Between the Lines.

Novell's fiscal first-quarter results were a mixed bag, and Linux invoices fell sharply as the company failed to sign big deals.

For the first quarter, ended Jan. 31, Novell reported non-GAAP earnings of $24 million, or 7 cents a share, on revenue of $215 million. Those results were a penny better than Wall Street estimates. Net income for the first quarter was $11 million, or 3 cents a share.

On the surface, Novell's quarter told a familiar tale. Open platform sales, which are dominated by Linux offerings, were $… Read more

Dell's profit falls almost 50 percent

Updated at 1:50 p.m. PST with comments from CFO Brian Gladden.

Dell's profit sank drastically during the final quarter of 2008.

The PC maker reported fourth-quarter revenue of $13.4 billion Thursday, a 16 percent drop from $15.9 billion reported the same quarter a year ago. Dell's profit for the quarter totaled $351 million, or 18 cents per share, compared to $671 million and 31 cents per share the year before. That's nearly a 48 percent drop in profit. Analysts had been anticipating earnings per share of 26 cents.

Dell had reported last month … Read more

Cisco sheds jobs as it 'realigns' business

Technology stalwart Cisco Systems has begun "realigning" its workforce and has confirmed that it has started laying off workers this week.

The Wall Street Journal reported Thursday that Cisco, which sells Internet gear to communications service providers and large companies, has laid off about 250 employees at its headquarters in San Jose, Calif., this week. Other jobs in offices throughout the U.S. and overseas were also cut, the company said.

Cisco's job cuts come as other large technology companies have also laid off workers amid the deepening worldwide recession. Microsoft has already announced 5,000 job cuts over the next 18 months. … Read more

VMware moves vCenter to Linux

CANNES, France--VMware will release future versions of vCenter, its flagship virtualization-management software, in Linux versions as well as for Windows, the company's chief technology officer said Wednesday.

Chief technology officer Stephen Herrod announced the move for vCenter, formerly called Virtual Center Server, in a keynote speech at the VMworld 2009 conference here.

"We have enabled vCenter Server to be installed directly on Linux," he said. VMware first said it would release a Linux versio of the management software at its last VMworld conference, in September.

"We have also released a (Linux) version of vCenter Server that … Read more

IDC, Gartner chime in on bleak chip forecasts

Market researchers IDC and Gartner made their cases on Wednesday for worsening chip sales in 2009, with both firms predicting that chip revenue will fall by more than 20 percent.

The worldwide semiconductor market will not recover until 2010, primarily due to a very weak fourth quarter, according to IDC. The market researcher expects a decline in global chip sales of 22 percent in 2009, due, among other things, to low chip factory utilization rates and price erosion.

Memory revenue (DRAM and NAND flash) should stabilize by the second half of 2009, but revenue growth will not return until 2010, … Read more

Salesforce.com squeezes $1B from the cloud

Salesforce.com showed Wednesday that cloud computing can produce serious money--but also that it's not immune from the current unpleasant economic climate.

For its fiscal 2009, which ended January 31, the San Francisco-based company reported revenue of $1.08 billion, a 44 percent increase. But for fiscal 2010, it lowered its forecast to a range of $1.3 billion to $1.33 billion.

In November, the company had forecast $1.35 billion to $1.36 billion, and analysts surveyed by Thomson Reuters expect on average $1.325 billion for the year.

"We've slightly lowered the guidance range. … Read more

Intel CEO comments on Nvidia, economy, flash

Intel CEO Paul Otellini commented on competition with Nvidia, the economy, and the possible fate of its flash memory factories on Wednesday at a tech conference in San Francisco.

Otellini began by speaking to the fact that the global economic downturn has depleted inventories of chips. "I don't think there's much inventory out there. It's hard to imagine that there's a significant drop below this." He made his remarks at the Goldman Sachs Technology and Internet Conference 2009, which was streamed live.

And moving quickly to the next generation of chip technology is critical … Read more

Intel moves against Psion for 'Netbook' trademark

Intel has filed for a declaratory judgment against Psion Teklogix in order to continue using the term "Netbook" generically. The legal filing also revealed, as a separate matter, that Google would prohibit search advertisements that include the term "netbook."

What's the difference between a Netbook and a notebook? More than the design, according to Psion Teklogix.

Psion "purports to be the owner of U.S. Trademark Registration No. 2404976 issued on November 21, 2000 for the mark Netbook for use in connection with laptop computer," according to an Intel legal filing in the … Read more

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