Intel CEO Paul Otellini has confirmed what “people familiar with the matter” and industry observers have been saying for months now. Sun is eager to find a buyer and has offered itself for sale to IBM and pretty much anyone else who might have the cash to acquire it.
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Palm investor Roger McNamee isn’t drinking his own Kool-Aid, he’s drowning in it. In an interview with Bloomberg, McNamee–co-founder of Elevation Partners, which owns 39 percent of Palm–claimed iPhone owners will switch en masse to the Palm Pre when their contracts expire.
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So that fraudulent “citizen journalism” report claiming Apple CEO Steve Jobs had been rushed to the hospital with severe chest pains and shortness of breath? The one that allegedly shaved about $4.8 billion off Apple’s market value after Silicon Alley Insider picked it up and published without verifying it? Securities and Exchange Commission investigators have tracked down its author and it’s not the short seller many had expected. It’s an 18-year-old with no clear motive, according to Bloomberg (ironically, the source of the Jobs obituary accidentally posted to news wires in late August).
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Riddle for you: What’s larger than the gross domestic product of Sri Lanka, Lebanon or Bulgaria, and when divided by 186,000, more than four times higher than the median U.S. household income in 2006? If you guessed the $39 billion in bonuses Wall Street’s five largest banks doled out in 2007, you’re right!
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Now that air-to-ground broadband has added Internet porn to American Airlines’ in-flight entertainment offerings, the company’s flight attendants are asking that it be taken off. The Association of Professional Flight Attendants, which represents 19,000 AA employees, is urging the airline to block access to Web content it feels is family-unfriendly.
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My apologies. Comcast has made no final decisions about its future network management practices; nor has it committed to slowing the Internet connections of heavy users for up to 20 minutes during network congestion, though Comcast senior vice president Mitch Bowling convincingly told Bloomberg just that on Wednesday. Rather, that technique–which the company prefers to describe as a “de-prioritizing” of heavy user traffic–is one option among the many Comcast is considering.
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