Intel shells out $1.25 billion to settle all AMD litigation

Intel sure sells a lot of chips, but man — it sure blows a lot of that profit on lawyers. Just months after it got nailed with a $1.45 billion fine from the EU in an AMD antitrust case, nearly two years after AMD hit Intel with another antitrust probe and nearly 1.5 years after the FTC sparked up an investigation of its own, Intel has finally decided to pony up in order to rid itself of one of those back-riding monkeys. In an admittedly brief joint announcement released simultaneously by both firms today, Intel has agreed to cough up a whopping $1.25 billion in order to settle “all antitrust and IP disputes” with AMD. In fact, the pair went so far as to say the following:

“While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development.”

Aside from AMD’s coffers filling up with cash, the agreement also gives both firms patent rights from a new 5-year cross license agreement. Of course, we’re betting that this isn’t the end of this exceptionally bitter rivalry, and we highly doubt Intel wrote a check this large while grinning from ear-to-ear. That said, we’re eager to see what AMD does with its newfound cheddar, and if we had our druthers, we’d sit back and watch it invest heavily into beating Intel to the punch with its next few platforms.

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Intel shells out $1.25 billion to settle all AMD litigation originally appeared on Engadget on Thu, 12 Nov 2009 10:38:00 EST. Please see our terms for use of feeds.

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Walmart to rival Best Buy’s Geek Squad with own in-home install crew

We’ve never truly been at ease with that Geek Squad crowd. Something about “the people” they hang with and “the places” they hang at just worries us, so we’re pretty thrilled to see another mega-corp stepping in to take the place of the now-deceased Circuit City FireDog crew. Starting sometime before the holiday season, Wally World will be partnering with N.E.W. Customer Service Companies in order to offer in-home installation to customers buying anything from a wireless router to a HTIB. The service plans will be sold on prepaid cards ranging from $99 to $399 in value, and each install includes a “preliminary consultation and a tutorial after installation is completed.” Granted, it may be a bit tough to get the dude looking to spend $5 on a new plasma to spring for such a service, but hey, it’s not like competition is a bad thing.

[Via Hot Hardware]

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Walmart to rival Best Buy’s Geek Squad with own in-home install crew originally appeared on Engadget on Sun, 25 Oct 2009 19:07:00 EST. Please see our terms for use of feeds.

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ASUS throws XP Professional on Eee PC 1005HA, dubs it ‘business edition’

Alright, so ASUS’ Eee PC 1005HA is certainly decent enough as it is, but we can’t help but think that the company is stretching things a bit with its new “business edition” of the netbook. Apparently, all that’s needed to earn that designation is Windows XP Professional for an OS, and a standard 2GB of RAM, which no respectable businessperson would ever be without. Otherwise, you’ll get the usual 10.1-inch display, Atom N280 processor, 160GB hard drive, and a promised 10.5 hours of battery life — all in the very same Seashell enclosure, of course. Still no official word on a release over here, but it looks like folks in Japan will be able to pick this one up on October 20th for just over the Yen-equivalent of $700.

[Thanks, TheLostSwede]

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ASUS throws XP Professional on Eee PC 1005HA, dubs it ‘business edition’ originally appeared on Engadget on Tue, 20 Oct 2009 01:46:00 EST. Please see our terms for use of feeds.

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Yanko Design opens store, oodles of concepts now on the market

Yanko Design is well known for digging up some of the most amazing, most commercializable concepts on the world wide web, and today the site has finally taken the next logical step. With every awesome mockup comes the inevitable question: “Yo, holmes — where can I buy this?” With the grand opening of the YD Store, you can now exchange your currency for such luxuries as the d°light Huggable Pillow, Magnetic Spice Stand, Sorapot and Cloud Chair. We couldn’t be happier to see some of these incredible designs ushered into the market place, and if you’re feeling the same, you can give that read link a tap to enter a deep, dark world that’s bound to drain your wallet dry. Have fun!

Update: Seems the site is getting battered at the moment, though we’re sure they’re buying more bandwidth as we speak. Right?

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Yanko Design opens store, oodles of concepts now on the market originally appeared on Engadget on Mon, 19 Oct 2009 16:48:00 EST. Please see our terms for use of feeds.

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Sprint proves money can solve problems, buys iPCS to settle litigation

Considering Sprint’s financial position and the overall credit market, we’re not exactly sure where the carrier managed to pick up $831 million, which it promptly used to acquire affiliate iPCS and take on $405 million of net debt. If you’ll recall, the aforesaid youngin’ was worrying papa way back in May of 2008, and it seems that Sprint has finally had enough of this whole “litigation” thing. The acquisition puts all of the court battling to rest (or at least it’s expected to), enabling the operator to stop divesting its iDEN network in select iPCS markets. Money may not buy happiness, but it sure buys a good muzzle.

[Via Reuters]

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Sprint proves money can solve problems, buys iPCS to settle litigation originally appeared on Engadget on Mon, 19 Oct 2009 13:48:00 EST. Please see our terms for use of feeds.

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Sony Ericsson Q3 slump buoyed by new financing, a rumored November launch for XPERIA X3

Bad news, good news, and potentially great news time, folks. First with the bad: Sony Ericsson posted another loss for its fiscal third quarter, to the tune of 164 million euro (about $244 million US), blaming a large chunk of that on a drop in sales. Sales dropped year-over-year 40 percent to 1.6 billion euro, and unit shipments comparably down 45 percent. That’s the bad, now what’s good for SE is that its secured more financial backing to reshape its future into something more profitable. External financing totals a reported 455 million euro ($676 million US), 255 million of which is already in the company’s position and 200 million as a two-year backup. SE also managed to beat analyst estimates, losing less than anticipated, and that’s gotta induce some bittersweet smiles in the corporate boardrooms… oh, the potentially great news? Well, SEMC blog has boldly announced that the Android-imbued Rachael (a.k.a. XPERIA X3) is due out this November, same specs as we heard before and two color options, Sensuous Black and Luster White. Unfortunately, we’re not seeing exactly where this news is coming for, so until SE speaks the magic words, we’re considering it a rumor for now — but we’re hopeful.

[Via GSM Arena; thanks, Gillz and Christo]

Read – Rachael in November?
Read – Sony Ericsson 3Q loss widens
Read – XPERIA X3 in the wild

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Sony Ericsson Q3 slump buoyed by new financing, a rumored November launch for XPERIA X3 originally appeared on Engadget on Fri, 16 Oct 2009 16:49:00 EST. Please see our terms for use of feeds.

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Acer fulfills prophecy, overtakes Dell as number two PC maker worldwide (update)

As if on cue, here’s some new data research firm Gartner lending credence to Lanci’s boasting. Looks like Acer has leapfrogged over Dell for the number two spot in global market share for the third quarter of 2009, from 12.5 to 15.4 percent of the Big Pie Chart[TM]. Meanwhile Dell is just below at 12.8 percent, and HP is sitting happily atop with a 19.9 percent ownership.

Update: Let us adjust our glasses a bit. According to the charts, Acer is number two in worldwide PC sales, not in US as this previously reported. Stateside, the company is sitting at number three at 13.9 percent, behind HP (25.7 percent) and Dell (26.2 percent). Apologies for the confusion, the person responsible for eyesight has been subsequently sacked, the person responsible for the sacking has been sacked, etc.

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Acer fulfills prophecy, overtakes Dell as number two PC maker worldwide (update) originally appeared on Engadget on Wed, 14 Oct 2009 20:14:00 EST. Please see our terms for use of feeds.

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Comcast looking to buy NBC?

Not sure how a story like this snuck under the radar on Friday, but the WSJ reports that Comcast and NBC are in the early stages of a buyout offer — Comcast’s plan is to control 51 percent of a new joint venture with current NBC owner GE. Needless to say, that would be a massive content industry shakeup, and it would bring over two dozen networks and stations under Comcast’s control, from E! to NBC itself, as well as the Universal movie studio. Sure brings that whole TV Everywhere plan into sharp relief, doesn’t it? Talks are said to be far apart and contigent on Comcast maintaining its credit rating by putting as little cash upfront as possible, but big companies like this don’t poke around lightly — we’ll see how this one turns out.

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Comcast looking to buy NBC? originally appeared on Engadget on Mon, 05 Oct 2009 21:02:00 EST. Please see our terms for use of feeds.

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Borders pulls a B&N, offers free WiFi to all patrons

In the gory, never-ending war for book store supremacy, Borders has just tapped Verizon in order to match Barnes & Noble’s summer efforts to bring gratis WiFi to all who enter. Details of the arrangement are scant, but the takeaway is this: in “virtually all” of its more than 500 stores nationwide, Borders is hooking up with Verizon to bring free internet to anyone who sashays in (note: you literally have to dance upon entering) with a WiFi-enabled device. The service is expected to be fully rolled out by mid-October, giving you plenty of time to select the scarf and skinny jeans you’d like to be seen in by your fellow hipsters.

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Borders pulls a B&N, offers free WiFi to all patrons originally appeared on Engadget on Wed, 30 Sep 2009 19:07:00 EST. Please see our terms for use of feeds.

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Iridium to merge with GHL, get back into sat phone game

Aside from pushing out around one phone per year (at best), Iridium Satellite really hasn’t had a major impact on the market over the past ten years. ‘Course, that’s probably because it’s hard to have much impact after seeking bankruptcy protection in 1999, but we digress. Starting tomorrow, new life will be breathed into Iridium thanks to a merger with publicly traded GHL Acquisition. If all goes to plan, the merger will add over $200 million to the company’s bank account, enabling it to pay down debt and develop a next-generation network of satellites to be launched in 2014. Furthermore, $160 million will be raised by issuing another 16 million shares at $10 a pop, and a new label (Iridium Communications) will be thrown on for good measure. Only time will tell if the world really is ready to adopt satellite phones en masse, but if TerraStar’s latest deal is any indication, we’d say chances are good halfway decent.

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Iridium to merge with GHL, get back into sat phone game originally appeared on Engadget on Mon, 28 Sep 2009 09:34:00 EST. Please see our terms for use of feeds.

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