October 14, 2009 |
The nation's bellwether technology sector is kicking into gear as businesses and consumers boost their spending on computers and electronics. Shipments of semiconductors are on the rise. Some companies are hiring. Tech stocks outperformed the market all summer. And U.S. exports to China, including technology products, have climbed 33% since January. That's good news for California, home to hundreds of companies that make the software, chips and switches that power many of today's bestselling computer and electronics devices.
January 13, 2009 |
Seagate Technology has replaced its top two executives and said it planned to cut 800 jobs as the hard-drive maker endures a bruising slowdown in technology spending. In a surprise move, the Scotts Valley, Calif., company announced Monday that William Watkins, Seagate's chief executive since 2004, and Dave Wickersham, the president and chief operating officer, had both left the company, effective immediately. The company also announced that it planned to cut 10% of its 8,000 U.S.-based workers.
December 17, 2008 |
The annual gathering of the Mac faithful will take place in San Francisco without Apple Inc.'s charismatic leader, Steve Jobs. Breaking with a long tradition, Apple said Tuesday that Jobs would not deliver the keynote address at January's Macworld Conference & Expo, the venue the company has used for more than a decade to unveil products. The decision renewed questions about his health and sent the computer maker's shares tumbling. The opening address Jan.
CALIFORNIA | LOCAL
October 26, 2008 |
Two years ago, California public schools received an unexpected gift: a grant of $250 million for new computers, software and training. The windfall was part of a $1.1-billion settlement of a class-action lawsuit against Microsoft that alleged the company had plotted to monopolize a portion of the computer industry. At the time, state Supt. of Public Instruction Jack O'Connell said the funds provided "a wonderful opportunity to close the digital divide in many of our schools."
May 1, 2008 |
Intel Corp. said it was stepping up production to meet higher-than-expected demand for Atom, a new processor for low-cost portable computers. Chief Executive Paul Otellini is using the processors to attract consumers who want stripped-down computers for word processing and surfing the Internet. Computers based on the chip will cost as little as $250 and will debut in the third quarter, Santa Clara, Calif.-based Intel said.
April 26, 2008 |
Intel Corp. increased its dominance in the personal-computer processor market last quarter after Advanced Micro Devices Inc. fell behind in updating products. Santa Clara, Calif.-based Intel accounted for 78.5% of units shipped, a gain of 2.2 percentage points from the previous three months, according to Mercury Research. Sunnyvale, Calif.-based Advanced Micro's share slid to 20.6%.