Word: intel
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That requires an extreme amount of horsepower--the computational power of DreamWorks' render farm puts it roughly among the 15 fastest supercomputers on the planet. The studio partnered with Hewlett-Packard and Intel and built an enormous test bed on more than 17,500 sq. ft. in California. The Silicon Valley companies are hot on 3-D because they believe it's how people will navigate the Web and the desktops of their PCs and that it will be standard on computers and HDTVs...
...economic war - and Job 3." He added, "You can't expect people to unite behind you if you're trying to jam a whole bunch of things down their throat." The oracle's verdict was quickly endorsed by Jack Welch and Andrew Grove, retired CEOs of General Electric and Intel, respectively. And from Federal Reserve Chairman Ben Bernanke came this measured nudge: "Until we stabilize the financial system, a sustainable economic recovery will remain out of reach." (See 25 people to blame for the financial crisis...
What appears to make little sense is that the rally spread to firms that have nothing to do with the financial and banking sector. Intel (INTC) rose 11%. PC sales are still expected to plummet this year. Shares of TIME Warner (TWX) soared 13%. The company's studio released Watchmen, which was No.1 at the box office over the weekend but since TWX is in several large businesses beyond films the increase is inexplicable...
...sign of the times: In addition to his morning national-security briefing, President Barack Obama has, starting today, begun to receive a daily economic-intelligence document, put together by several U.S. intel agencies. Obama already gets a daily outline on the state of the U.S. economy; the new report concentrates mainly on intelligence about foreign economies. (See which country has the best bailout plan...
...race is already on to see who will get the customers for the new age of wireless products and services. The dark horse is Sprint (S) which is in an alliance with Intel (INTC), Clearwire (CLWR) and several other technology companies to build an ultrafast WiMax network. The more successful operations like Verizon are putting their money on Long Term Evolution (LTE) products...