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Technology / Business news 1234

US financial meltdown tests patience of tech startup investors

September 29, 2008 | User rating: 4.6 / 5 after 8 vote(s) | User comments: 2

The US financial sector meltdown is a mixed blessing for technology startups, making them seem solid bets in a shaky market but threatening long waits for investors accustomed to quick returns.


Satellite phone company Iridium bought for 591 mln dlrs

September 23, 2008 | User rating: 3.8 / 5 after 6 vote(s) | No comments yet

Satellite phone company Iridium Holdings is being purchased for 591 million dollars by a private equity group, the companies said Tuesday.


Fabless future: Struggling AMD spins off factories

October 07, 2008 | User rating: 3.6 / 5 after 9 vote(s) | No comments yet

(AP) -- For years, Advanced Micro Devices Inc.'s scrappy image was best summed up by an insult that founder Jerry Sanders lobbed against rivals: "Real men have fabs."


Microsoft to buy back another 40 billion dollars in stock

September 22, 2008 | User rating: 3 / 5 after 8 vote(s) | No comments yet

US computer software giant Microsoft announced Monday that it would buy back another 40 billion dollars of its shares.