Analysts at Goldman Sachs are saying that chip maker Intel may be in a pickle as microprocessor shipments slow and it faces stiff competition. That said, analysts have advised stockholders to sell Intel as they downgraded the stock.
James Covello and Simon Schafer of GS said that there will be a surplus in chips due to plant expansion. Meanwhile the rest of the gang on Wall Street is forecasting a six percent year-over-year rise in Intel’s sales, amid expanding gross margins, Goldman says otherwise and that sales will be flat due to excess capacity.
Furthermore, Intel is expected to face problems dealing with better chips from their main rival AMD: while tablets are cannibalising notebooks with ARM kicking its tail in the mobile space.
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Word on the street is that Intel is in the process of developing an entirely new Atom architecture based on its 3D transistor technology they announced last week. This new architecture should enable more power efficiency on the chip.
The new processor is being called Silvermont and the Atom will encompass a system-on-chip design, similar to Intel’s Z760 Atom or ARM’s processors. Silvermont is being designed on Intel’s 22nm process and harness the power of Intel’s 3D transistor technology that has yet to be tested.
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According to Neilsen people who have owned laptops and now use tablets as a PC device are ditching them like hotcakes. Under the study conducted around 77 percent of tablet owners are now using their device in the same capacity as they used their laptop computers. This strange because there are many applications or functions that a tablet is not able to process or handle.
One third of the tablet owners also admitted that they find themselves using their desktops even less since they acquired a tablet PC. Furthermore, thirty percent of those surveyed who own both a laptop and desktop who owned a laptop find themselves using their tablet more. A small percentage (2) of those Neilsen interviewed said they had stopped using their laptop computer altogether.
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Analysts are speculating that Panasonic is planning to cut approximately 40,000 jobs over a couple of years.
Reuters is stating that Panasonic is being forced to take such drastic measures in its restructuring plans in its struggle to cut operating costs. That said Panasonic is facing stiff competition from other Asian consumer electronics companies in Korea and China and has seen its profits dwindle over the year.
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The U.S. government may start issuing terror alerts via Facebook and Twitter, according to a news service report.
The Associated Press reported Thursday that the U.S. Department of Homeland Security is working to re-design the current color-coded terror alert system. The new system, according to the report, would have only two levels of alerts — elevated and imminent.
Those alerts would be conveyed out to the public in part via social networking sites Facebook and Twitter . The AP article is based on a 19-page draft of the plan that the news service obtained.
“The new terror alerts would also be published online using Facebook and Twitter ‘when appropriate,’” the news agency reported, “but only after federal, state and local government leaders have already been notified.”
The new system is expected to be in place by April 27.
Zeus Kerravala, an analyst at Yankee Group Research, said the fact that the U.S. government is entrusting something as critical as terrorist alerts to Facebook and Twitter shows how important social networking sites have become to people’s lives.
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Google is joining Citigroup and Mastercard to establish a mobile payment system that will turn Android phones into a kind of electronic wallet, the Wall Street Journal said, citing people familiar with the matter.
The new system, which is in its early stages, will allow consumers to wave their Android phones in front of a small reader at the checkout counter to make payments, the Journal reported.
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We found out Bloggers using the WordPress platform was shutdown by a DDos attack yesterday that apparently affected many blog sites.
The DDos hostilities began in the morning and lasted for a couple of hours. The estimates on the DDos attack was thought to be “multiple Gigabits per second and tens of millions of packets per second”, according to sources, WordPress is working with their providers to prevent such acts from ever taking place again.WordPress the attack is over, though in Chicago, Dallas and San Antonio. The good news is that the site is back up. However, while the attack was in progress sources say it was on of the “largest” the organization has ever seen. Even centersThe attack unfortunately hit main three data. Read More…..
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Mobile phone security threats rose sharply last year as the growing popularity of Internet-enabled mobile devices like smartphones and tablets provided new opportunities for cybercriminals, security software maker McAfee said.
In its fourth-quarter threat report, released on today, McAfee said the number of pieces of new cellphone malware it found in 2010 rose 46 percent over 2009’s level.
“As more users access the Internet from an ever-expanding pool of devices -computer, tablet, smartphone or Internet TV- web-based threats will continue to grow in size and sophistication,” it said.
McAfee, which is being acquired by Intel for $7.68 billion, said it expected PDF and Flash maker Adobe to remain a favorite of cybercriminals this year, after it surpassed Microsoft in popularity as a target in 2010.
It attributed the trend to Adobe’s greater popularity in mobile devices and non-Microsoft environments, coupled with the ongoing widespread use of PDF document files to transfer malware. Read More….
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Nokia will adopt Microsoft’s Windows Phone as its main smartphone strategy, the company stated today, after days of speculation on what it would do to compete with Apple’s iPhone and Google’s Android.
The companies will also partner on mobile ads- Nokia will use Microsoft adCenter in mobile devices and on mapping- where Nokia Maps will become part of Microsoft’s Bing search engine. Nokia’s application and content store will be integrated into Microsoft’s Marketplace.
Before today’s announcement, Nokia CEO Stephen Elop had stated that Nokia needed to “decide how we either build, catalyze or join an ecosystem” to change its fortunes. In the end it decided to partner with Microsoft and join the Windows Phone 7 ecosystem.
Nokia will contribute its hardware design and language support to the partnership, and help bring Windows Phone to a larger range of price points, market segments and geographies, the companies said in an open letter from Elop and Microsoft CEO Steve Ballmer. R ead More……..
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