In a sign of the current economic uncertainty, Intel is bringing back mid-quarter updates on its financial progress after a three-year absence.
The last one it issued was in the fourth quarter of 2005. After that, Paul Otellini, chief executive, said it was abandoning them because they were “increasingly irrelevant” to the company’s long-term growth. Read more
One Namco Bandai engineer I spoke to had a decided view on this year’s Tokyo Game Show: “Capcom were the winners.” Read more
We wrote last week about some of Silicon Valley’s savviest investors warning of a coming shakeout among Web 2.0 companies. This slideshow from Sequoia Capital, which is doing the rounds in the tech blogosphere today, sums up the bear case: Plunging house prices, debt-laden consumers and a banking crisis that threatens to make an already slowing economy worse – these are the things sharp downturns are made of, and Web 2.0 will not be immune. Sequoia points to data showing year on year declines in online advertising and web retail spending – the basis of many Web 2.0 companies’ revenue streams (those that have them, at least).
The bottom line? It’s time to get cracking on those business models. In a bull market, it’s fine to talk about eyeballs. In a bear market like this one, the companies that survive will be those that can demonstrate an ability to turn those eyeballs into cash, and then use that cash wisely to ride out the storm.
If online advertising is under pressure, perhaps branding virtual goods can help make up a greater proportion of revenues.
At least that is one idea being propounded at the Virtual Goods Summit in San Francisco today. Read more
If we’re heading for lean times, the Fitbit Tracker, a product aimed at making America healthier, may be having a well-timed launch.
San Francisco-based Fitbit, the company, announced its first funding round today, a month after it first demonstrated the Tracker at the Techcrunch50 conference here. Read more
If this was the Tokyo Game Show without the general public then there are going to be crush injuries on Saturday. Read more
Micron’s decision to cut 15 per cent of its workforce and slash production of Nand Flash is symptomatic of the dire predicament of memory-chip manufacturers.
The iSuppli research firm today lowered its forecast for revenue growth for semiconductors in general to 3.5 per cent in 2008, down from its 4 per cent prediction in August. Industry revenues grew just 3.3 per cent in 2007 as memory chip prices collapsed in the fourth quarter with demand weakening. This caused Intel to miss its forecasts in January. Read more
Is Apple about to jump on the netbook bandwagon and come out with its first sub-$1,000 notebook, powered by an Intel Atom microprocessor?
We have to confess the question is entirely speculative, but no less so than the usual rumours surrounding an Apple event. Read more
The Tokyo Game Show is one of the highlights of the year for the video game industry, which spreads its major announcements between this event, the Leipzig Game Convention and a diminished E3 show in Los Angeles in the summer, and the Game Developers’ Conference in San Francisco in the spring.
Tokyo is more about games and gamers, with nearly 900 games on display and up to 180,000 people expected to attend over the next four days, rather than the limited industry professional events of E3 and GDC.
The console makers are therefore emphasising new titles, with Microsoft announcing a new version of Halo – Halo 3: Recon, to debut in a year’s time.
It also gave a launch date of November 19 for the “New Xbox Experience” – an update to its interface that allows the creation of animated avatars and new community features.
The “Experience” is designed to compete with Sony’s Home, a much delayed virtual-world interface for the PlayStation 3.
While Sony has yet to set a date for its official release, Jack Tretton, its US president, confirmed it would debut in November, in a recent interview at Sony’s US headquarters in Silicon Valley.
Extracts from that interview after the jump: Read more
Symantec made its fifth acquisition of the year on Tuesday, continuing a spate of consolidation in the IT security sector with a $695m deal to buy MessageLabs of the UK.
MessageLabs, which has offices in Gloucester, uses a software-as-a-service model to deliver security for online chat, email and web applications. The company’s software allows customers to block malware, prevent access to certain web sites, and stop the unauthorised transfer of sensitive information. It claims to be the number one such company in the world, with more than 19,000 customers. Read more