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If Intel Catches Cold, Does Tech Get Pneumonia?

Intel (Nasdaq: INTC), the No. 1 chipmaker, Tuesday reported decent second-quarter financials but spooked investors and Silicon Valley with the dreaded news: third-quarter sales will be worse than expected.
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Asian Stocks End Lower On Dim Earnings Outlook

Asian stock markets mostly ended lower Wednesday, following declines on Wall Street Overnight, as concerns over corporate earnings outlook and euro zone crisis weighed on the sentiment.
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Semiconductor Industry Lauds Congressional Boost For R&D Funds

The Semiconductor Industry Association, which represents the top U.S. chipmakers, lauded bipartisan approval in the U.S. Congress to boost funding for both the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST).
Xbox 720

Xbox 720 Production Underway, Hardware Assembly Has Begun [REPORT]

Microsoft?s next generation Xbox, rumored to be called the 720 and codenamed Durango, is in its manufacturing stages according to IGN. A source told the gaming website that assembly of the upcoming console?s hardware has started recently at the Austin, Texas division of Flextronics. The electronics company is also responsible for manufacturing the current Xbox 30 console and the original Xbox.
The IBM zEnterprise 196 combines two servers on one mainframe.

Technology Focus: Welcome To Era of ‘Big Data’

The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.

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