This is the summer of Facebook. The social network went from relative obscurity outside of college campuses to the next big thing, with a multi-billion dollar valuation and more than double number of users.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
At a Churchill Club event in San Francisco on July 23, moderator Dave Margulius of Enterprise Insight discussed the current hype surrounding Web 2.0 with panelists Doug Merrill, vice president of engineering at Google, and CIOs David Bergen of Levi Strauss, Doug Schwinn of Hasbro, and Randall Spratt of McKesson.
Update below: On Wednesday, I ordered a Fedora laptop for $150. On Thursday, I called the reseller of this item to get a feel for customer service and figure out whether my buyer's remorse was justified.
Cisco Systems said Friday it will invest $150 million in VMware, joining Intel as a strategic investor.After the investment Cisco will own 1.
Twitter has landed an undisclosed amount of venture funding from Union Square Ventures and now it can proceed with its to-do list: Grab more users, develop its platform and find a business model.That last point is likely to get some attention today, but a snazzy business model isn't required--at least on the first round of funding.
Yahoo has a strategic plan due in 100 days and lags Google in most metrics. Yet despite Yahoo's issues it still has the No.
Notable headlines:Life without Google: Can Yahoo regain search share? Gallery (right).
21st century knowledge workersAMD execs catching up on email or surfing the Web waiting for the press Q&A to start: Phil Hester, senior vice president and CTO; Henri Richard, executive vice president and chief sales and marketing officer; and Doug Grose, senior vice president for manufacturing and supply chain management.They are all hoping that in the next few years, an AMD Bobcat core will be at the heart of their smart phones.
With Barcelona, AMD will regain performance leadership and will be able to control pricing for a while, versus Intel, which has been hammering AMD on pricing at the low end processor segment, said industry analyst Nathan Brookwood of Insight 64."It looks like AMD is trying to match Intel in terms of both two-year cadence in process manufacturing cycles and in developing new cores.
AMD executives are holding court at the company's Sunnyvale, CA headaquarters before an audience of press and analysts. Of late, AMD has been taking some belly punches as arch rival Intel has gained momentum.