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AMD gets Rambus memory help
- Advanced Micro Devices has licensed Direct Rambus, a high-performance computer memory technology developed by Rambus. [News.com]
AMD posts profit, record sales
- Advanced Micro Devices today reported record revenues of $685.9 million for the third quarter and net income of $1 million, or 1 cent per share--the chipmaker's first profit in more than a year--as a result of a 30 percent surge in sales. [News.com]
AMD promotes Raza, Previte
- Atiq Raza, who many believe will be the next CEO at Advanced Micro Devices, was appointed to the new post of co-chief operating officer at the company, while Rich Previte, the current COO and president, has been slated to take over as vice chairman. [News.com]
AMD unveils K7 chip design
- Advanced Micro Devices provided details surrounding its next generation microprocessor, the K7, today at the Microprocessor Forum in San Jose, California, while Intel and National Semiconductor also unveiled chip designs. [News.com]
AMP ruling won't sway AlliedSignal
- AlliedSignal chairman and chief executive Larry Bossidy said today that he did not expect a judge's ruling regarding electrical connection company AMP to derail AlliedSignal's plans for a $10 billion takeover. [News.com]
AOL builds up shopping sites
- Coming on the heels of a robust earnings report yesterday that dazzled Wall Street, America Online today announced that it has signed on 40 merchants to further beef up its shopping services. [News.com]
AOL cleans up its accounting act
- America Online, which has a history of controversial accounting practices, will now have an internal auditing department, a move that analysts say couldn't come at a better time. [News.com]
AOL earnings don't boost stock
- Despite being reporting first-quarter results that exceeded Wall Street's expectations yesterday, America Online's stock slid half a point today, or 0.4 percent, to 121.5 in early trading. [News.com]
AOL exec details choosing IE
- An America Online executive today provided seemingly damaging testimony on how Microsoft strong-armed AOL into using Microsoft's Internet Explorer Web browser by giving the online giant an offer it could not refuse--distribution on Windows 95. [News.com]
AOL insiders sell 1.8 million shares
- Executives and a major shareholder at America Online sold nearly 1.8 million shares last week, raising questions among insider watchers but leaving analysts indifferent. [News.com]
AOL memos released in trial
- Internal memos from America Online are being used to bolster the Justice Department's case in its antitrust lawsuit against Microsoft. [News.com]
AOL reports record growth
- Bolstered by record revenue growth and a strong climb in subscriber numbers, America Online today reported first-quarter results that exceeded Wall Street's expectations. [News.com]
AOL's Case sells shares
- America Online chief executive Stephen Case recently sold 250,000 common shares in his company and a foundation named after him sold an additional 75,000 shares, according to Securities and Exchange Commission regulatory filings. [News.com]
AOL's chief tech exec leaves
- America Online's chief technical executive, Michael Connors, will step aside six years after he joined AOL and oversaw its transformation from a small, proprietary online system into the world's leading Internet service. [News.com]
AOL, Bertelsmann eye Australia
- Internet service provider America Online and European media group Bertelsmann said they would launch an Australian Internet service, AOL Australia, tomorrow. [News.com]
AOL, Microsoft rework portals
- As the portal race ratchets up to the next level, two online giants today reintroduced their home pages, both with the same goal in mind: to dominate. [News.com]
AOL: Convenience is king
- Convenience is still king in the eyes of Robert Pittman, America Online president and chief operating officer, and anything deemed inconvenient could face banishment. [News.com]
AT&T beats Street estimates
- Shares of AT&T jumped higher today after the long distance telephone giant announced that third-quarter operational profits, excluding charges, grew by 66.7 percent, helping the company surpass Wall Street expectations. [News.com]
AT&T in talks with Time Warner
- Time Warner and AT&T are reportedly discussing a partnership that would aid the telecom giant's efforts to sidestep the regional Bells' chokehold on the local phone market. [News.com]
AT&T looks for cable deals
- AT&T chairman and CEO Michael Armstrong said he hopes to sign deals with several cable operators that will allow his company to bypass the stranglehold of regional Bells and provide local phone service over cable lines, according to a report. [News.com]
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