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IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division

Slashdot - Mon, 20/10/2014 - 12:48pm
helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

Read more of this story at Slashdot.








IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division

Slashdot - Mon, 20/10/2014 - 12:48pm
helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

Read more of this story at Slashdot.








IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division

Slashdot - Mon, 20/10/2014 - 12:48pm
helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

Read more of this story at Slashdot.








IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division

Slashdot - Mon, 20/10/2014 - 12:48pm
helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

Read more of this story at Slashdot.








IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division

Slashdot - Mon, 20/10/2014 - 12:48pm
helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

Read more of this story at Slashdot.








Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?

El Reg - Mon, 20/10/2014 - 12:42pm
The Fourth Amendment... and it IS better

Review  The decisions that must be going on at Sony’s mobile R&D division are certainly intriguing, if not baffling. Six months after it was launched, the Xperia Z2 has been replaced by the Z3 and barely nine months after it was launched, the Z1 Compact has been replaced by the Z3 Compact (there wasn’t a Z2 Compact, so don’t panic).…

High Court orders UK ISPs to block websites selling counterfeit goods

L'Inq - Mon, 20/10/2014 - 12:36pm

First ruling of its kind in this country


Following GCC, Clang Looks To Default To C11

Phoronix - Mon, 20/10/2014 - 12:33pm
It looks like LLVM's Clang compiler will be defaulting to using the GNU's C11 standard for its next release...

Users/Developers Threatening Fork Of Debian GNU/Linux

Phoronix - Mon, 20/10/2014 - 12:21pm
In light of Debian's outlook for using systemd by default, a group of users/developers/administrators are talking about forking Debian GNU/Linux...

Routine WHAT NOW? Bank of England’s CHAPS payment system goes TITSUP

El Reg - Mon, 20/10/2014 - 12:18pm
Abandon hope all ye homebuyers who enter

The CHAPS system used to handle most bank-to-bank transfers in the UK has collapsed, with all mortgage payments currently on pause.…

Why sacrificing security during M&As is the one mistake everyone makes

Thinq - Mon, 20/10/2014 - 12:10pm

The compliance problems of integrating a new acquisition into an existing business are well known and have been much written about. Much less appreciated is that security threats can also spread.

Read more: http://www.itproportal.com/2014/10/20/dont-sacrifice-security-during-ma/

The Largest Ship In the World Is Being Built In Korea

Slashdot - Mon, 20/10/2014 - 12:08pm
HughPickens.com writes Alastair Philip Wiper writes that at 194 feet wide and 1,312 feet long, the Matz Maersk Triple E is the largest ship ever built, capable of carrying 18,000 20-foot containers. Its propellers weigh 70 tons apiece and it is too big for the Panama Canal, though it can shimmy through the Suez. A U-shaped hull design allows more room below deck, providing capacity for 18,000 shipping containers arranged in 23 rows – enough space to transport 864 million bananas. The Triple-E is constructed from 425 pre-fabricated segments, making up 21 giant "megablock" cross sections. Most of the 955,250 liters of paint used on each ship is in the form of an anti- corrosive epoxy, pre-applied to each block. Finally, a polyurethane topcoat of the proprietary Maersk brand color "Hardtop AS-Blue 504" is sprayed on. Twenty Triple-E class container ships have been commissioned by Danish shipping company Maersk Lines for delivery by 2015. The ships are being built at the Daewoo Shipbuilding and Marine Engineering factory in the South Korean port of Opko. The shipyard, about an hour from Busan in the south of the country, employs about 46,000 people, and "could reasonably be described as the worlds biggest Legoland," writes Wiper. "Smiling workers cycle around the huge shipyard as massive, abstractly over proportioned chunks of ships are craned around and set into place." The Triple E is just one small part of the output of the shipyard, as around 100 other vessels including oil rigs are in various stages of completion at the any time." The vessels will serve ports along the northern-Europe-to-Asia route, many of which have had to expand to cope with the ships' size. "You don't feel like you're inside a boat, it's more like a cathedral," Wiper says. "Imagine this space being full of consumer goods, and think about how many there are on just one ship. Then think about how many are sailing round the world every day. It's like trying to think about infinity."

Read more of this story at Slashdot.








The 'fun-nification' of computer education – good idea?

El Reg - Mon, 20/10/2014 - 11:59am
Compulsory code schools, luvvies love it, but what about Maths and Physics?

Battle of Ideas  The idea that computer programming should be compulsory in schools is hugely popular with metropolitan media luvvies and quango-hoppers - but serious questions were raised by people who do it and teach it this weekend.…

EU digi tzar: 'I like the nickname STEELIE NEELIE. Yeah, why not'

El Reg - Mon, 20/10/2014 - 11:48am
Regrets, I've had a few ... says outgoing commish

Outgoing Brussels' unelected digi commissioner Neelie Kroes was in London this morning for her swansong in the UK's capital city, ahead of the vice-president's tenure ending later this month.…

Spotify Family lets users share one Premium account at a discount

L'Inq - Mon, 20/10/2014 - 11:47am

Available in the UK in the 'next few weeks'


Violin: Don't weep for Tier 1 storage... it'll soon be flashtastic

El Reg - Mon, 20/10/2014 - 11:28am
CEO: Scale-out hyper-converged systems? Pah!

Comment  Flash will replace all enterprise tier 1 storage, and shared arrays will prevail over server-side SANs, while network latency remains a solvable computer science problem, argues Violin Memory CEO Kevin DeNuccio.…

Microsoft pulls second Patch Tuesday update in three months

L'Inq - Mon, 20/10/2014 - 11:20am

Update forced users to recover servers using CD-Roms


Hey, iPhone 6 fanbois: Apple's bonk to 'Pay' app is GO

El Reg - Mon, 20/10/2014 - 11:14am
Scrump up the sales volume

Apple will open up its new bonk-to-pay system to its newest phones, the iPhone 6 and iPhone 6 Plus, today, with fanbois able to bonk shiny-shinys to purchase stuff online or at 220,000 stores.…

Sophos to offshore American support operations

El Reg - Mon, 20/10/2014 - 11:01am
Blame Canada?

Exclusive  Sophos plans to offshore support operations from the US to Canada and the Philippines as part of a wide-ranging restructuring of its support operations.…

Whisper CEO speaks up in response to sharing anonymous user data

L'Inq - Mon, 20/10/2014 - 10:44am

Admits that the company is not perfect