S&P slashes Nokia's credit rating to junk

From CNET News.com: Just when things couldn't get much worse for Nokia -- the mobile phone maker's credit rating is taking it on the chin.

Standard & Poor's today cut the rating for the Finnish mobile phone maker to junk, anticpating lower sales ahead.

Following a similar move by...

Amazon Reports 34% Revenue Increase

From DailyTech: Amazon (AMZN) released its Q1 2012 financial results for the quarter ended March 31, 2012, where it saw a decline in earnings but managed to top previous forecasts.

According to the report, Amazon's net sales increased 34 percent to $13.18 billion in Q1 2012 compared...

Nvidia: Power Efficiency of Kepler Due to Collaboration with TSMC

From X-bit Labs: It is not a secret that performance, cost and power efficiency of chips depend on actual design as well as on process technology. A good chip design and advanced process technology almost always result in a proper product. But to make the best chip, its design has to...

First BlackBerry 10 smartphone to launch in October, reports say

From InfoWorld: Reports indicate that the first BlackBerry 10 smartphone will be announced by mid-August and will be launched in October, somewhat earlier than expected.

An October launch would give Research in Motion several weeks' advantage with holiday sales, which are much...

Intel Researchers Plot a Smarter, Personalized Cloud

From PC World: Intel researchers hope the cloud will provide a new model to deliver accurate information about the quality of air and weather within meters of where a user is standing, which could ultimately help improve the quality of life.

Intel has a project under way to populate...

Samsung Reveals Quad-Core Exynos 4 for Galaxy S3 Superphone

From DailyTech:
With the Galaxy S3 super-phone from the world's top Android phonemaker, Samsung Electronics Comp., Ltd. (KS:005930), set to launch at a special event in London, UK on May 3, the hot question on everyone's mind is what might be inside. Samsung might have tipped its...

Acer Looks Forward to Better 2012, But Challenges Remain

From DailyTech: Acer continues to look forward to a better 2012 after having a stormy 2011 and recent problems with management. Acer is currently ranked as the fourth largest computer shipper in the world and the company says that Q2 2012 looks relatively normal compared to the first...

UMC Progressing Smoothly with 28nm Process Technology Roll-Out

From X-bit Labs: As its bigger rival struggles to deliver sufficient amount of chips produced using 28nm process technology, United Microelectronics Corp. claims that it is progressing smoothly with the roll-out of the technology. The firm has already delivered samples of 28nm chips...

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