The buyout negotiations between Intel and Altera are bogged down because no one can agree on a good price.
Word on the street is that the negotiations have broken down completely, however that is unlikely at this point.
Altera’s shares are worth $43.33 on the Nasdaq and Intel had offered $50 per share.… Read the rest
A supercomputer being installed in the Argonne National Laboratory will have more than 70 core Knight’s Hill architecture and some other fairly sexy interconnect.
According to the Platform the project – dubbed “Aurora” – will be the first time in 20 years that a chipmaker, as opposed to a systems vendor, has been awarded the contract to build a leading-edge national computing resource.… Read the rest
While PayPal and eBay are planning to split, it looks like the two companies will remain close for at least five years after the divorce is finalised.
eBay has said that it will not reduce the volume of transactions it channels through PayPal, while continuing to get better rates for its merchants for five years after the two split.… Read the rest
Amazon has won approval from US federal regulators to test a delivery drone outdoors, less than a month after it blasted regulators for dragging their feet on approving commercial drone testing.
The Federal Aviation Administration had approved an Amazon prototype drone in March, but the company told US lawmakers less than a week later that the prototype had already become obsolete while it waited more than six months for the agency’s permission.… Read the rest
Giant multinational Dell said it introduced a new tablet to the market and it’s running the Android operating system, not Windows.
The Venue 10 7000 claims to have the best tablet display on the market – it uses a 10.5 inch OLED 2560 by 1600 pixel screen, is powered by a quad core Intel Atom, and also uses Intel’s “Realsense” snapshot camera.… Read the rest
A case started in a Vienna court today on behalf of 25,000 people that claim Facebook has been hoovering up their data illegally.
The class action, if successful, would result in Facebook having to dole out £9 million, with each of the plaintiffs getting £360 each.… Read the rest
Things won’t be what they used to be in the future because the internet of things (IoT) will make sure everything, and that’s almost absolutely everything, will be connected.
And Asia Pacific will be at the forefront of adoption of the IoT, according to data published today by IDC.… Read the rest
Nearly three quarters of British people are worried that their private information is being compromised.
That’s according to a survey from YouGov, commissioned by a company called Cloudmask.
The survey discovered that 72 percent of Brits surveyed are fretting about private information being disclosed without anyone asking – including emails, chat, files and pictures.… Read the rest
Another day, another win win for International Business Machines (IBM).
Hot on the heels of yesterdays multi million deal with Coca-Cola, Big Blue said today that the US Army will use its Hybrid Cloud as the basis of what it says is one of the bigger logistics systems in the federal government’s armoury.… Read the rest
A battle royale – that’s your actual French that is – is brewing which could shake up the US tech industry.
Lawyers for Microsoft and Google are facing off at the 9th Circuit Court of Appeals in San Francisco in a long-running dispute over patents that were originally owned by cell phone maker Motorola Mobility.… Read the rest