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Ciena Snags Nortel's Optical Business
Ciena (CIEN) is buying Nortel Networks optical networking and carrier Ethernet business , after besting an offer from Nokia Siemens in a three-day auction. Ciena will pay $769 million for the now-bankrupt companys’ optical and carrier Ethernet assets, which it says will signifigantly bolster ...
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QOTD
QOTD We are not in the business of providing electric power. – Ed Lu , program manager for advanced products at Google, says the company does not envision itself as a utility
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Weekend Update 11.21.09- The House of Cards Edition
In tough economic times such as these, even the biggest businesses get the urge to restructure, re-org and reshuffle. Kara began Monday with some of the hard facts from the pending AOL-TimeWarner (TWX) split. Stock issued for the post-spinoff AOL places the company’s total implied value at ...
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Nokia R&D Workers Researching and Developing New Job Leads
Nokia’s (NOK) workforce is deteriorating nearly as fast as it share of the mobile phone market. This morning, the company — which sacked 1,700 employees in March and another 450 in April — said it will cut 330 more jobs in its research and development group. But not to worry, says ...
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Google Uncrates Chrome
[ See post to watch video ]
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Google Books Settlement Proceedings to Drag on Until Mid-February
The latest revision of the Google Books settlement has been granted preliminary approval by a New York district judge, though it will be some time before that approval is finalized — if it is finalized. Judge Denny Chin of the Southern District of New York said Thursday that he will hold ...
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Oracle Blinks
The European Union’s formal objection to Oracle’s (ORCL) proposed acquisition of Sun (JAVA) has evidently transformed the database giant’s intransigency into a grudging agreeability. The EU has extended the deadline or approval of the $7.4 billion merger to January 27 from January 19 at ...
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QOTD
QOTD Frankly, the economy is good for us, because people do understand that Macintoshes are quite a bit more expensive for essentially the same computer. – Microsoft CEO Steve Ballmer says the econalypse has improved Windows’ competitive position at Apple’s expense
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The Apple Tablet is Delayed? So What.
Apple has reportedly decided to postpone the launch of its rumored tablet/slate until the second half of 2010. That’s the latest rumor from the occasionally reliable Digitimes, which claims that the device’s original March 2010 became untenable after some component switches. The report, ...
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Google Video on Chrome OS and Also Pretty Pix!
Google has released a lot of visual material to support the introduction today of its Chrome OS. Many guessed Google’s intention to create an OS once the Chrome browser was released, with a feature set so much like an operating system. So for many, this is a first glimpse into that ...
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Chrome Netbooks Headed to Market by 2010 Holidays
Direct from Google headquarters and liveblogged by John Pazckowski, The company’s Sundar Pichai, vice president of product management and Matthew Papakipos, engineering director for Google Chrome OS–joined by founder Sergey Brin–discuss how they plan to bring the OS to the ...
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Chrome OS: "Turning On a PC Should Be Like Turning On Your TV."
Direct from Google headquarters, and liveblogged by John Paczkowski, Google’s Sundar Pichai, vice president of product management and Matthew Papakipos, engineering director for Google Chrome OS, explain some of the advantages of the OS. Second of three segments : Among Chrome OS’s ...
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Chrome: The End of Desktop Apps
Direct from Google headquarters, and liveblogged by John Paczkowski, The company’s unveiling of its Chrome OS. The first of three segments : There will be no beta today. Sundar Pichai says Google is still a year away from an official launch. That said, the company is making the code ...
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If Things Get Really Bad, Palm's Pixi Will Make a Great Happy Meal Prize
If Things Get Really Bad, Palm's Pixi Will Make a Great Happy Meal Prize
digitaldaily.allthingsd.com — The official price of Palm’s (PALM) new Pixi smartphone is $99.95, but Wal-Mart is now offering it for $24.99 with two-year contract, as is Amazon (AMZN) . That’s a 75 percent price cut. Staggering, considering the Pixi arrived at market just 4 days ... (more) If Things Get Really Bad, Palm's Pixi Will Make a Great ...
A First Look at Google's Chrome OS on Thursday
Google’s Chrome OS, a software platform “created for people who spend most of their time on the Web,” will be on display at a media gathering at the company’s HQ this morning. Sundar Pichai, vice president of product management and Matthew Papakipos, engineering director for ...
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QOTD
QOTD You start off by saying I want these cabinets this counter top and this kind of a sink and all of a sudden you’ve got this kitchen you can’t afford and don’t have the time to build. That’s pretty much the first phase of building a laptop. — Microsoft ...
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AT&T Awarded Hug and a Box of Tissues in Verizon Ad Case
AT&T did not file this lawsuit because Verizon’s ‘There’s A Map For That’ advertisements are untrue; AT&T sued because Verizon’s ads are true and the truth hurts. – Excerpt from Verizon’s response to AT&T’s complaints about its new ad campaign Verizon was right. The ...
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Time to Cut AT&T Some Slack, iPhone Users?
Since 2008 AT&T’s network in and around San Francisco has experienced a 3G data traffic increase of 2,000 percent . If you find that metric as astonishing as I do, consider this: That 2000 percent increase in data traffic in the Bay Area is actually below the national average — ...
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Sony Ericsson to Sack 2,000
Given its recent string of lousy financial reports, its weak platform strategy and declining share of the the global handset market, I suppose it was only a matter of time before Sony Ericsson began sacking employees again. And it did just that this morning , announcing plans to shutter its ...
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AmEx: Say We Want a Revolution
AOL moguls Steve Case and Ted Leonsis are smiling into their cornflakes this morning. Moments ago, American Express (AXP) announced plans to acquire Revolution Money , the online payments outfit they’ve been working on since 2007, for about $300 million. A nice exit for Revolution, which was ...
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