Roundup: Cuts at One Laptop Per Child, Yahoo takeover plans and more
Here’s the latest action:
One Laptop Per Child cuts 50 percent of staff — The group says it is refocusing its efforts and that the remaining 32 team members are facing salary cuts.
Investment group eyes Yahoo takeover — Silicon Valley executives and investment bankers are putting together a takeover deal that would be largely financed by debt from Microsoft, according to TechCrunch.
Google’s Eric Schmidt wishes he could save newspapers — But he says there’s no clear solution yet, and… Continue Reading
Former Intel Classmate PC executive takes his cause to NComputing
Mark Beckford tried to get Intel to believe in making computers for developing countries. The world’s biggest chip maker succeeded in launching the Classmate PC, but Beckford — once the general manager for Intel’s emerging markets business — felt Intel’s heart was in selling more expensive chips for mainstream computers.
He left Intel in January. Now he has joined NComputing to take up the same cause, but with different technology based on thin-client computers instead. His… Continue Reading
Roundup: A123 files for IPO, Nokia opens in Africa, Calera comes out, and more
A123 Systems files proposal for IPO — Lithium-ion battery maker A123 Systems, which aims to sell into the electric vehicle market, has filed the initial registration statement required for an initial public offering. The number of shares to be sold or price has not yet been determined.
Nokia opens research unit in Africa — Aiming to keep ahead in Africa’s growing telecommunications market, handset maker Nokia has opened a unit to study which services will work best on… Continue Reading
Roundup: Mashups at Web 2.0, Linden Lab gets new executive and more
Here’s the latest action:
Mashup companies take over Web 2.0 — InfoWorld profiles three companies making announcements at this week’s conference: Serena, which is launching an online marketplace for business mashups; JackBe, which has a new version of its enterprise mashup platform; and Kapow, which provides a hosted service to build mashups that provide web intelligence. We’ll also be writing more about Rearden Commerce and Zude in the next few days. And we just covered SnapLogic,… Continue Reading