My Title

U.S. Economy Grew at 4% Rate in Q2, Beating Expectations

July 30th 2014

The United States economy rebounded heartily in the spring after a dismal winter, the Commerce Department reported on Wednesday, growing at an annual rate of 4 percent from April through June.In its initial estimate for the second quarter, the government cited major gains in inventories for private businesses as well as exports and personal consumption spending that added to the growth. Economists, who had been hoping for a full reversal of the first quarter’s decline, were thrilled with the second quarter’s numbers.

Work anywhere any time

Techwatch July 30th 2014

Share your GPU, use your colleagues We truly have entered the era of ubiquitous computing. It started in the 1960s with time-share computers, expanded in the late ’70s with the commercialization of the APRANET into the Internet, and further developed in mid-2000s as the concept of the cloud became universal. The final step was virtualization, and specifically virtualization of the GPU. Virtualization of the GPU has had many fathers. The first commercially available example of it was 3Dlabs’ virtualization of code space in the GPU in 2004 in the Wildcat VP. Also in 2004, Imagination Technologies enabled a single …

LG Electronics profit soars amid strong handset sales

SEOUL, South Korea - LG Electronics Inc., a major producer of mobile phones and consumer electronics, said Tuesday that third-quarter net profit surged nearly 15-fold amid record handset sales and better performance by its flat panel joint venture LG.Philips LCD Co. LG Electronics earned 339.2 billion won ($369.8 million) …Read the complete article

Nvidia’s Intel-based IGP

(from JPR) If you asked any of the executives at Nvidia if they were planning to offer an IGP three years ago, they would have said something like, no way, Who’d want to be in that low margin business? We have way too many other things to do, etc. …Click here to read this news article

Bad Box Office? Blame ‘Halo’

from Advertising Age (adage.com) The joystick has brought Ben Stiller nothing but sorrow. Total industry ticket sales were only $80 million for the Oct. 5 weekend the film opened, a whopping 27% below the same weekend the year before, according to research firm Media by Numbers. That’s the industry’s …Read the complete article

Leopard, Apple’s new operating system, broadens Macs’ reach

Apple Inc.‘s next-generation operating system, Mac OS X “Leopard,” will be available Oct. 26 for $129, and Apple’s online store is taking pre-orders, the company said Tuesday. Leopard was originally due in June, but Apple said in April that it needed to divert resources so it could launch the …Read the complete article

iPhone owner sues Apple for $1 million

SAN JOSE, California (AP)—A New York woman is so angry at Apple Inc. for lopping $200 off the price of the iPhone that she’s filed a lawsuit seeking $1 million in damages. Speaking of affordable prices. Apple has found itself on the wrong end of a lawsuit after a …Read the complete article