July 22, 2011 |
The race to decode a person's genome on the cheap got tighter this week. The sequencing company Ion Torrent announced this week in Nature that it used a $49,500 machine, based on computer chip technology, to unravel a full human genome - aptly, using the DNA of Gordon Moore, co-founder of Intel. The same machine decoded the E. coli strains from a recent outbreak in Germany in a matter of hours, and is drawing praise for its novel approach to reading DNA. But in the goal to bring the price point down to $1,000 per genome, some caution not to get too excited - yet. Unlike some of its other competitors, the Ion Torrent machine uses semiconductor chip technology to read DNA - this Nature News article explains how DNA is washed across a $99 computer chip with more than a million tiny wells (the chips were $250 not too long ago)
August 20, 2010 |
Intel Corp., the world's largest chip maker, is buying its way into the security software market by paying about $7.7 billion to acquire one of the biggest players in the cyber-protection field, McAfee Inc. Intel of Santa Clara, Calif., said the acquisition, one of the year's largest technology deals, could allow it to build McAfee's anti-virus technology directly into its chips. Intel said this would help shield computers, wireless devices and embedded systems in vehicles and ATMs from online crime.
June 25, 2010 |
Six makers of computer memory chips have agreed to pay $173 million to settle accusations made by the attorneys general of California and 32 other states that they conspired to fix prices globally, officials said Thursday. The attorneys general alleged that the companies had schemed to keep prices of dynamic random access memory chips from falling. The companies included in the settlement, which must be approved by federal and state courts in California, included U.S.-based NEC Electronics America Inc. and Micron Technology Inc. Others were Infineon Technologies of Germany, Hynix Semiconductor Inc. in South Korea, Elpida Memory Inc. of Japan and Mosel-Vitelic Corp.
June 23, 2010 |
Intel Corp. and the Federal Trade Commission are in talks to settle an antitrust lawsuit in which the Santa Clara, Calif., company has been accused of strong-arming clients into buying its computer chips. According to a statement from Intel, the company has until July 22 to "review and discuss a proposed" settlement. Intel said it could not comment because the terms of the proposed consent order were confidential. If the two parties do not reach an agreement by that date, the case could go before an administrative law judge in September.
April 22, 2009 |
Another day, another takeover in the works. But this one's different: It's a hostile bid. Broadcom Corp. launched an unsolicited offer Tuesday to buy nearby networking chip maker Emulex Corp. for $764 million in cash, marking the second major technology deal announced in as many days as cash-rich companies see big discounts in the slumping stock market. The bid adds to the signs of life the mergers-and-acquisitions market is showing in harsh economic times.
April 13, 2009 |
Is Wall Street still in a bear market, or beginning a bull market? Either way, it's probably due for a major pullback. And this week, the market's hurdle is a big one: A flood of quarterly results and outlooks from companies as varied as banks, toy sellers and computer chip makers. Stocks have been on a tear, gaining 23% over five straight weeks from 12-year lows. The Dow Jones industrial average finished last week at 8,083, a two-month high.