CALIFORNIA

Why GlobalFoundries Bought Out AMD and Went Rogue

AMD's multi-year plan to divest its manufacturing arm, GlobalFoundries, is now complete. GlobalFoundries bought out AMD's remaining shares in the company and will now be an independent contract foundry.
GlobalFoundries, the chip maker based in Milpitas, Calif., celebrated its third year anniversary as a microchip foundry by purchasing all of the shares owned by Advanced Micro Devices (AMD), effectively making the company an independent contract chip manufacturer.
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Yahoo Plans Massive Restructuring, Thousands of Layoffs [REPORT]

Yahoo’s new CEO Scott Thompson is already beginning to overhaul the corporate structure. A report says that “multiple sources both inside and outside” Yahoo say Thompson is preparing large-scale restructuring, which includes “layoffs that are likely to number in the thousands.”
Whitney Houston and daughter Bobbi Kristina Brown

Bobbi Kristina Brown Furious Over Whitney Houston Casket Photo Leak: Report

Bobbi Kristina Brown is said to be furious that the National Enquirer leaked a photo of her mother, Whitney Houston, in her open casket, according to Contact Music. While the uncertainty remains as to who leaked the Houston casket photo, many are hoping that Bobbi Kristina will reveal the culprit during her upcoming interview with Oprah Winfrey.
YELP IPO

Yelp Stock Price Quote ‘Exceptionally’ High on First Day: Is it Too Late to Invest?

Yelp stock was traded on the floor of the New York Stock Exchange (NYSE) for the first time on Friday, March 2. The stock, which is listed under the ticker symbol YELP, opened at $22.01 a share and quickly rose in value to $24.40 a share in just a few hours. The question now is whether YELP stock will continue to rise in the foreseeable future, or if the online company's stock value will soon begin to drop.

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