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Shenanigans

Tsinghua rebuffed again

Poor old Tsinghua has had another investment bid rejected – this time by the Taiwan assembly house SPIL (Siliconware Precision Industries). Tsinghua had offered to buy 25% of SPIL for $600 million. The sale to Tsinghua would have thwarted a bid by fellow Taiwanese assembly company ASE to take over SPIL. The Taiwan Fair Trade Commission is currently considering two ...

Here’s Trouble

Here’s trouble: a hovering, tracking drone with a 13MP forward-looking camera and a 3MP downward-looking camera. Beijing start-up Zero Zero Robotics has raised $25 million to mass-manufacture a drone called The Hover Camera. It can hover or follow someone, or something, around. Zero Zero’s founders are two Stanford PhD graduates who raised an initial $1.7 million in angel funding within ...

AMD Licenses x86 To China

AMD has licensed x86 technology to China. Under a deal with Tianjin Haiguang Advanced Technology Investment Co (THATIC), AMD will set up a joint venture company to make x86-based processors for servers made and sold in China. In return, AMD gets a licensing fee of $293 million plus royalties of which it has already had $52 million. Intel will not ...

Intel President Kicks Ass

As if we didn’t know it from the procession of Intel exitees, the new President brought in from Qualcomm for $25 million is kicking ass. “Over the last three months I have conducted numerous project reviews with our execution teams, and there is a clear trend that has emerged in these reviews – a lack of product/customer focus in execution ...

Preference Shares Creating Crazy Start-Up Valuations

If start-ups were funded with common stock rather than preference shares the over-inflated valuations of start-ups – and the Unicorn phenomenon – would be a thing of the past, says Dutch Unicorn CEO Pieter van der Does. van der Does’ Unicorn is a payments company called Adven backed by Mark Zuckerberg with Uber among its customers and valued by investors ...

Good Old Hacktivists

Good old hactivists. It appears that the Panama Papers were revealed by hackers The head of Mossack Fonseca, Ramon Fonseca, says his firm’s database was hacked. Along with the Bradley Manning and Ed Snowden revelations this must be the one of the most important revelations from hackers. It’s not as though any of these hacks tell us anything new because ...

Marvell Co-Founders Ousted From Management Roles

The most famous couple in tech have been ousted. Weili Dai and Suhat Sutardja who founded Marvell in 1995 with Suhat’s brother Pantas, have been fired from their jobs as President and CEO respectively. Sutardja remains as Chairman and both of them remain on the board. The move is reminiscent of how George and Gust Perlegos, who co-founded Atmel in ...

Intel Mobile Saga Takes A New Twist

Speculation swirls around the Wall Street Journal rumour that the exec in charge of Intel’s modem business, Aicha Evans, is to leave after under a year in the job. Having achieved a 1% share of the apps processor market in 2015, despite subsidising the mobile business to the tune of $4 billion a year, it is widely thought that Intel’s ...

Poor Bloody Beetle

One wonders what the RSPCA might think of this one – radio-controlled beetles. Technologists at Nanyang Technological University in Singapore and the University of California at Berkeley are using electronics to control beetles in flight. Electrodes are put on beetles’ legs, optic lobes and flight muscles and controlled by radio signals which make the beetles walk, take off, turn left ...

Replacement Named For Bozotti

Once again rumours are swirling that Carlo Bozotti is about to be replaced. Last time the rumours of Bozotti’s departure surfaced, in January, the name of his proposed replacement was Jean-Yves Naouri, COO of Publicis. This time another replacement is being named – Marco Patuano, the president of Telecom Italia. When Bozotti took over in 2005, ST had revenues of ...