- 12 myths about how the Internet works
- Smartphone smackdown: Storm vs. iPhone
- IETF: Should we ignore the Kaminsky bug?
- Top 10 wicked cool algorithms
- How to recession-proof yourself
Advanced Micro Devices has replaced Hector Ruiz with Dirk Meyer as its CEO, as the company reported its seventh consecutive quarterly net loss on Thursday.
AMD's board has elected Meyer to the CEO spot effective immediately, AMD said. He was previously president and COO and has been with AMD 12 years. Ruiz will become executive chairman and chair of AMD's board of directors.
The chip maker also announced that it has decided to divest its handheld and digital TV businesses. The company had merged the businesses into its consumer electronics group after the 2006 acquisition of ATI. Last week, AMD announced it would take a charge of US$880 million related to impaired assets of those businesses.
AMD's revenue from continuing operations for the second quarter rose 3 percent from a year earlier, to $1.35 billion. But the company still posted a net loss of $1.19 billion, or $1.96 per share.
(More to come.)
Rss FeedRss Feed
| NetworkWorld, Inc. | About Network World, Inc. | Advertise | Careers | Contact us | Terms of Service/Privacy | Reprints and links | Partnerships | Press room | Subscribe to NW |
| IDG, Inc. | CIO | Computerworld | CSO | Demo | GamePro | Games.net | IDGconnect.com | IDG World Expo | Infoworld | JavaWorld.com | LinuxWorld.com | MacUser | Macworld | PC World | Playlistmag.com | The Industry Standard | IDG List Services | IDG TechNetwork |
 The Leader in Network Knowledge© 1994-2008 Network World, Inc. All rights reserved. |
Partner Content
SMART Steps Toward Consolidated Workload Automation
Consolidating job scheduling into a single, comprehensive workload automation solution is a critical first step to effective workload automation (WLA).
White paper on WLA here
A Comprehensive Approach to Practicing ITIL Change Management
Read a compelling whitepaper by EMA, Inc. to learn best practices for integrating workload automation.
Whitepaper here
2 Minutes to IT workload automation
BMC CONTROL-M can put money back into your IT budget and strip the complexity and risk from workload automation.
View video here
Gain a faster, cheaper way to manage workload
BMC CONTROL-M can help you migrate to a workload automation solution to meet your organization’s goals.
Listen here for more info
Comment