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Posts Tagged ‘million’

Mobile VOIP to Reach 139 Million Users by 2014: In-Stat

In-Stat expects mobile VOIP to reach 139 million users by 2014. Integration in social-networking services, along with cheap international calls, is spurring growth. – Mobile voice over IP use is expected to rise to nearly 139 million
users by 2014, according to a new report from In-Stat.
Thanks to companies such as Skype, Fring
and Google, mobile VOIP (voice over IP) technology
has been gaining popularity over the last five years, as an inexpensive option fo…


Time Warner Cable to Buy Data Center Specialist NaviSite for $230 Million

Time Warner Cable will diversify into data center service provisioning that will include various cloud services — including online storage. – Time Warner Cable said Feb. 1 that it plans to go into the data center
operations business by buying NaviSite for $230 million.

The deal is designed to enable Time Warner Cable, the second-largest cable
television operator (behind Comcast) in the United States, to diversify into
data center s…


Charlie Sheen “Home Rehab” Costing CBS $250 Million

Home rehab? That’s a first. Remember all of those fiery press releases we’ve been getting from Charlie Sheen’s PR team over the past few days? Each contained the same recurring theme: That the cocaine-addicted star is dedicated to his sobriety and has checked himself into an “unknown rehabilitation facility” for the umpteenth time to get [...]

Enterprise Compliance Costs Hit $3.5 Million, Study Finds

A survey of multinational corporations found those companies that performed internal audits spent less per capita on compliance than those that didn’t perform any. – The penalties for being out-of-step with compliance mandates are not going away, and neither is the cost of keeping up with regulations.
However, a new report from the Ponemon Institute revealed that more compliance audits can actually have the effect of lowering the price tag.
According to the …


Intel Capital Commits $200 Million as Part of President Obama’s “Startup America” Campaign

Intel Capital joins Public and Private Companies and Foundations to Invest in American Entrepreneurs

NEWS HIGHLIGHTS
  • Intel Capital continues its Invest in America Fund commitment with new $200M pledge
  • Intel Capital executive joins the Startup America partnership board of advisors
  • Previous $200M Invest in America Fund commitment for 2010 and 2011 was met in less than one year

WASHINGTON, D.C., Jan. 31, 2011 – Intel Corporation announced that it has joined President Obama’s Startup America campaign to strengthen entrepreneurship in the United States. As part of this partnership, and in conjunction with its ongoing Invest in America initiative, Intel Capital, Intel Corporation’s global investment organization has pledged to invest another $200 million in American technology companies and joined the campaign’s board of advisors.

“Intel is dedicated to creating a culture of investment in the United States that supports American startups and the country’s future competitiveness,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president.  “We are pleased to join the Administration in the effort to help new businesses succeed in the United States and consider this partnership an important opportunity to promote education, innovation and entrepreneurship to maintain a globally competitive economy.”

“Startup America” is a White House campaign to celebrate, inspire and accelerate high-growth entrepreneurship throughout the nation. This coordinated public/private effort brings together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of American entrepreneurs.

Intel Capital’s new $200 million commitment comes almost a year after the launch of the Invest in America Alliance, an Intel led initiative supported by many leading venture capital firms and corporations aimed at further anchoring the nation’s competitiveness on the global stage. As part of the Invest in America Alliance, which was announced in Feb. 2010, Intel committed to invest $200 million over two years in U.S.-based growth-oriented industries through its Invest in America Fund. Intel Capital met this original commitment in less than a year.

The Intel Capital Invest in America portfolio companies are addressing areas on the forefront of technology innovation from distributed energy resource management and cloud platform technologies to educational gaming and dynamic mobile video optimization. As these companies grow and create the next breakthroughs in technology innovation, they serve as a strong example of how private sector efforts can complement state and federal programs to foster fast growing, emerging industries with high job creation potential.

Intel believes a culture of investment is essential to keeping the U.S. on the leading edge of technology innovation and stimulating economic activity.  Last week, Intel announced plans to invest $100 million directly into U.S. university research over the next 5 years. Intel Corporation is engaged with a number of university research centers to focus on projects in select technology areas that align with the company’s research agenda including visual computing, mobility, security and embedded solutions.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$9.8 billion in over 1,100 companies in 48 countries. In that timeframe, 189 portfolio companies have gone public on various exchanges around the world and 258 were acquired or participated in a merger. In 2010, Intel Capital invested US$327 million in 119 investments with approximately 44 percent of funds invested outside the U.S. and Canada. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.

Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

* Other names and brands may be claimed as the property of others.

Verizon iPhone Could Sell 25 Million Units in 2011: Analyst

Verizon iPhone could sell 25 million units in 2011, according to an analyst. That number is a substantial rise over other analyst estimates for the smartphone. – How many units
will the Verizon iPhone sell?
William Power,
an analyst with R.W. Baird amp; Co., is reportedly suggesting some 25 million
iPhones will be activated by the carrier in 2011, a number deduced from a
1,000-person survey. That includes not only current Verizon smartphone users
swit…


Accused Scareware Operators Settle with FTC for $8.2 Million

The Federal Trade Commission reached an $8.2 million settlement with the operator of a reputed scareware operation. – The purported head of a rogue
antivirus operation has agreed to pay roughly $8.2 million to
the Federal Trade Commission to bring a 2-year-old case to a close.
According to the FTC, Marc D’Souza and his father, Maurice D’Souza, will pay
the money to settle accusations that they profited from…


Intel Labs to Invest $100 Million in University Research

The first center will be hosted by Stanford University, with a focus on visual computing. – Intel announced plans to invest $100 million
directly into U.S. university research over the next five years to
drive innovations in computing and communications: The company will
open Intel Science and Technology Centers across multiple universities
throughout the year, with a focus on projects…


Microsoft’s Windows Phone 7 Shipped 2 Million Units to Carriers

Microsofts Windows Phone 7 has shipped 2 million units to carriers, but the number of those sold to consumers remains unclear. – So, how many Windows Phone 7 devices have sold to consumers?
Thats the multibillion-dollar question without an official answer. During this Januarys Consumer Electronics Show in Las Vegas, a Microsoft executive told eWEEK that the company had never made a regular habit of releasing comprehensive sa…


Intel Labs to Invest $100 Million in U.S. University Research

First Center Hosted by Stanford, Focused on Visual Computing

NEWS HIGHLIGHTS
  • Intel Labs announced $100 million cash investment in U.S. university research over the next 5 years, marking a new model of collaboration for the organization.
  • Funding will support a number of Intel Science and Technology Centers; the first such center will be led by Stanford University and focus on next-generation visual computing.
  • This new model of university-lead research is expected to provide U.S. researchers with up to 5 times more funding from Intel Labs compared to the previous approach, and enable engagements across a broader set of universities.

MOUNTAIN VIEW, Calif., Jan. 26, 2011 – Intel Corporation announced plans to invest $100 million directly into U.S. university research over the next 5 years to drive innovations in computing and communications. The company will open Intel Science and Technology Centers across multiple universities throughout the year.

The centers will focus on projects in select technology areas that align with the company’s research agenda including visual computing, mobility, security and embedded solutions. This new model is expected to result in U.S. researchers receiving up to five times more funding from Intel Labs when compared to the previous approach.

As an initial step, Intel Labs also announced that Stanford University will be the hub for the first center, which will focus on improving visual computing experiences for consumers and professionals. Researchers at Stanford will collaborate with a community of researchers from seven other universities. The recently introduced 2nd Generation Intel® Core™ processor with combined visual and 3-D graphics will be a key R&D platform for researchers to develop innovations which improve the quality and the way images are captured or created, manipulated or interpreted and ultimately displayed to the viewer.

This first Intel Science and Technology Center, as well as those that will follow later this year, represents a new model of collaboration for the company. Until now, Intel Labs ran open collaboration centers near research universities and a substantial portion of the company’s funding focused on operating, maintaining and staffing these facilities. The new centers will be Intel-funded and jointly led by Intel and university researchers. They are designed to providemore dollars in the hands of researchers, and to encourage tighter collaboration between academic thought leaders in essential technology areas such as visual computing, security and mobile computing. For maximum flexibility, Intel will be able to tune its research agenda across the research centers over time. Intel plans to invite proposals from the academic community to continue pursuing the creation of additional Intel Science and Technology Centers.

“Intel Labs has long been a significant investor in university research and this program is the next step in that critical investment,” said Justin Rattner, Intel’s chief technology officer. “The pace of technology change is getting faster. With today’s announcement we are ensuring that Intel Labs’ academic research support is adaptable and flexible. Our new approach should allow us to quickly and dynamically invest in the most promising academic work.”

“Stanford is honored to be chosen as the host university for the initial ISTC,” said Pat Hanrahan, the lead academic principal investigator for the ISTC-VC. “This is an exciting new model that will have huge impact on the future of computing. Stanford looks forward to working with Inteland our network of seven other universities, to bring exciting new visual computing experiences to the computer user.”

View the Multimedia Press Kit
(includes the full story with high resolution photos, videos, quotes, fact sheets, and more)

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

Intel is a trademark of Intel Corporation in the United States and other countries.

* Other names and brands may be claimed as the property of others.

Ke$ha Becomes Disney Princess As Ex-Managers Sue For $14 Million

January 26th, 2011 | No Comments

First there was Snow White. She was followed by Cinderella. And there was nothing cooler than 1989′s introduction of finned-princess Ariel. Now The Mice of Disney Inc. are rolling out the red carpet for a grungier kind of Animated Princess: Pop grunter Ke$ha. “An exclusive, sneak peak at the newest Disney movie; Disney’s Princess Ke$ha. [...]

Smartphone Shipments to Hit 850 Million Units by 2015: In-Stat

January 25th, 2011 | No Comments

A new In-Stat report expects smartphone shipments to keep climbing, hitting 850 million units by 2015, on the way to the 1 billion mark. – Smartphone sales are on the rise, with no plans for slowing
down, research firm In-Stat announced in a Jan.
25 report on the evolving smartphone space.
With smartphones robust processing power and memory, large
screens and open operating systems attracting ever-greater numbers of consumers,
In-…


Susan Boyle Sold 14 Million Albums In 14 Months

January 25th, 2011 | No Comments

It’s a great start to a New Year for Susan Boyle, who just received a plague celebrating 14 million albums sold in 14 months. The Scottish talent show sensation was presented with the award last Friday in London, where those who have worked with Boyle on her first two albums — I Dreamed a Dream [...]

Valuetronics’ 3Q net profit jumps 133.8% to $5.2 million

January 25th, 2011 | No Comments

Mainboard-listed Valuetronics Holdings, the designer and manufacturer for leading brands in the electronics sector, says net profit for the third quarter ended 31 December 2010 (3Q FY2011) climbed 133.8% y-o-y to HK$31.6 million ($5.2 million).

This came on the back of a 79.9% surge in revenue to HK$524.5 million ($86.2 million) which was driven by an increase in customer orders.

Read more…

Ricoh Investing $300 Million in Managed-Print Services

January 21st, 2011 | No Comments

Ricoh plans to challenge HP and Xerox in managed-print services by investing $300 million during the next three years in new technologies, IT infrastructure and salespeople. – NEW YORK – Ricoh is looking
to bolster its managed-print-services division with a three-year, $300 million
investment aimed at adding more employees to its U.S. operation and
bolstering the companys IT infrastructure. The announcement comes as Hewlett-Packard
and Xerox also look to offer more pr…


Zsa Zsa Gabor Mansion For Sale $28 Million

January 20th, 2011 | No Comments

Zsa Zsa Gabor is selling her Hollywood mansion. After a year that’s brought a barrage of life-threatening health troubles, gangrene, and the amputation of her left leg just last week, the Moulin Rouge icon and her longtime husband Prince Frederic Von Anhalt are packing up and moving out of the 8,000 sq ft estate, which [...]

Tilera Gets $45 Million from Cisco, Samsung, Others

January 19th, 2011 | No Comments

Tilera, which is developing chips with as many as 100 to 200 cores, gets $45 million in a fourth round of funding, with Cisco and Samsung among the investors. – Tilera, among the first in a growing number of processor makers looking to
manufacture non-x86 chips for servers in cloud computing and other
high-performance environments, is getting more support from a number of capital
venture companies and tech vendors like Cisco Systems and Samsung.
Tilera


Apple iPhone Shipments Increase to 15 Million, Report Claims

January 18th, 2011 | No Comments

Up to 15 million iPhones may be shipped in 2011, a Taiwanese report quoting unnamed sources claims. – A report in the Taiwanese publication DigiTimes claimed sources at
Pegatron Technology, a notebook manufacturer, has increased its
shipment of CDMA iPhones orders to 12-15 million units this year.
“Pegatron originally only forecasted internally to ship about 10
million CDMA iPhones in 2011, but …


Montel Williams $1 Million IRS Tax Debt

January 17th, 2011 | No Comments

Even Sylvia Browne couldn’t have predicted this! The Tax Man cometh for Montel Williams! Montel Williams was to daytime TV in the ’90s what Phil Donahue was for the genre a decade before. Boasting hard-hitting topics with a tough-as-nails persona, Williams easily carved out a place for himself as the King of the Talk Show [...]

XMH Holdings offers 100.95 million shares at $0.25 each in IPO

January 14th, 2011 | No Comments

XMH Holdings aims to sell 100.95 million shares at 25 cents each in its initial public offering on the Singapore stock exchange, according to an e-mailed statement today.

 

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