Ballmer rules out new bid for Yahoo

From CNET News.com: Microsoft CEO Steve Ballmer said Friday that Microsoft is "not interested" in making a new offer for internet company Yahoo, despite Yahoo's share price currently sitting at less than half what Microsoft initially offered.

Speaking at a Committee for Economic...

Making sense of Microsoft's Azure

From InfoWorld: Last week, Microsoft announced its cloud-computing effort, called Azure. Fitting between Google's and Amazon.com's current offerings, it represents a very big step toward moving applications off the desktop and out of a corporation's own datacenters. Whether or not it...

Once Thought Safe, WPA Wi-Fi Encryption Is Cracked

From PC World: Security researchers say they've developed a way to partially crack the Wi-Fi Protected Access (WPA) encryption standard used to protect data on many wireless networks.

The attack, described as the first practical attack on WPA, will be discussed at the PacSec...

AMD slashes 500 more jobs

From CNET News.com: Advanced Micro Devices announced Wednesday it had cut 500 employees, or about 3 percent of its workforce, in an effort to reduce expenses.

This is the second round of job cuts this year at the troubled chipmaker. Sunnyvale, Calif.-based AMD announced in April...

Google Backs Out of Ad Deal, Leaves Yahoo Out in the Cold

From DailyTech: Fears of a lengthy legal battle killed the controversial Google-Yahoo ad deal Wednesday, announced Google Senior VP David Drummond.

“After four months of review, including discussions of various possible changes to the agreement, it's clear that government regulators...

Analyst calls Intel's Core i7 chip 'blindingly fast'

From InfoWorld: Intel's Nehalem chips, slated to ship later this month, Tuesday were called "blindingly fast" by an analyst who is using an early machine running the processor.

Steve Smith, vice president and director of operations for Intel's digital enterprise group, told...

Google: Hiring slowdown, but no freeze

From CNET News.com: Several executives I have spoken with who have hiring responsibility said it was made clear to them one month ago they were to make no new hires, including at the secretarial level, and they were directed to fill all vacancies with internal candidates. In effect...

IPod Creator Leaves Apple

From DailyTech: There's been a major shift of management at Apple. Tony Fadell, Apple’s senior vice president of the iPod Division, the man credited with envisioning the iPod in the first place, is quitting his job after a wildly successful run of around 7 years. He will remain on...

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