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Filed under Business
The chip industry’s trade group drastically slashed its outlook for 2007 sales, citing severe declines in average prices of processors such as NAND flash. The Semiconductor Industry Association now expects worldwide microchip sales to grow 1.8 percent this year to $252 billion. Previously, the organization had predicted chip sales would grow 10 percent to $273.8 billion. The group also cut its longer-term outlook, saying that it expected industry sales to grow at an average annual rate of 5.4 percent a year from 2007 to 2010.
Original post by Troy Wolverton and software by Elliott Back
Filed under Business
Scott McNealy is an IT industry idol. Not only did he cofound Sun Microsystems 25 years ago, but he is also devoted to open source technologies and is known for throwing high-profile barbs at competitors. In 2006, McNealy passed on his CEO job to Jonathan Schwartz, SUN’s former COO, and continued as chairman of Sun Microsystems and Sun Federal. On April 19, one day before an open source advocate protested Bill Gates’ visit to Tsinghua University in Beijing, McNealy, who lives in a Microsoft-free household and believes everyone should have a smart Java chip behind their ears, sat down with China Daily reporter Wang Xing to talk about his experiences.
Original post by David and software by Elliott Back
Filed under Business
Sprint Nextel announced Wednesday that it is acquiring Minnesota-based affiliate Northern PCS for $312.5 million. The deal includes the assumption of Northern PCS’s debt, and should close in the third quarter, subject to regulatory approvals, the Reston, Va.-based company said. Northern PCS provides Sprint PCS services in small to mid-size markets in Minnesota, Iowa, North Dakota and Wisconsin, serving more than 167,000 direct wireless subscribers and more than 69,000 reseller subscribers in a coverage area of more than 1.8 million people.
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Original post by Katherine Noyes and software by Elliott Back
Filed under Business
Bringing services-oriented architectures to life is a lot like delivering a baby — it requires a copious nurturing, understanding, labor and ultimately … pushing. So far, the job openings for SOA midwives outstrip the available pool of talent. These are great jobs: transforming companies and industries, working at the highest levels of business and technology, having a huge impact on productivity and competition. Great title on the resume, too. Given the demand, the pay ought to be very good, even if the hours and stress are long and high, respectfully.
Original post by Dana Gardner and software by Elliott Back
Filed under Business
Qwest Communications Chairman and CEO Richard C. Notebaert plans to retire from both positions as soon as a successor can be found, the telecommunications carrier said Monday. Qwest will commence a search for a replacement immediately, saying that it “plans no changes in strategy or operations” as a result of Notebaert’s departure. The company did not set a timetable for finding a replacement. The 59-year-old Notebaert has held the two posts since June 2002.
Original post by Keith Regan and software by Elliott Back
