Tech Biz Cheat Sheet: Yahoo Has Suitors, Developers Flock to Windows 8
The Wall Street Journal is reporting that Yahoo (NASDAQ:YHOO) has been contacted by potential acquirers.
Qualcomm (NASDAQ:QCOM) plans to have its high-end S4 Snapdragon processors, based on the company’s Krait architecture and set to include quad-core parts, in consumer products in early 2012, putting it only slightly behind Nvidia’s (NASDAQ:NVDA) Kal-El Tegra chip. Qualcomm’s chip should be available for the first batch of Windows 8 (NASDAQ:MSFT) hardware.
American Superconductor (NASDAQ:AMSC) has disclosed that it’s suing Chinese customer Sinovel, demanding the company for its past product shipments and accept shipment of part’s it order and is obligated to buy. Following order cancellations from Sinovel earlier this year, American Superconductor’s revenues collapsed.
DRAM sales from companies like Micron (NASDAQ:MU) are expected to decline by 26.6% due to soft PC demand and low prices, according to research firm Gartner. However, NAND flash sales are expected to rise 20% for companies like Micron and Sandisk (NASDAQ:SNDK), while ASIC sales are expected to rise 20% due to smartphone and tablet demand, benefiting companies like Qualcomm (NASDAQ:QCOM).
North American/European multi-player online gaming revenue rose 5% Y/Y in 2010, to $2.7 billion, according to IHS. The market is expected to reach $3.13 billion by 2015, but companies like Electronic Arts (NASDAQ:ERTS) and Activision Blizzard (NYSE:ATV) are hoping for more, as they want online revenues to help offset sluggish console sales.
Infosys (NASDAQ:INFY) is in talks to acquire Thomson Reuters’ healthcare business for $700 million to $750 million. The Thomson Reuters unit supplies healthcare data and analysis to companies, government agencies, and health professionals.
Developers have already downloaded 500,000 copies of a preview version of Microsoft’s (NASDAQ:MSFT) Windows 8 since its debut on Tuesday. Microsoft is still working on a version that runs on ARM (NASDAQ:ARMH) chips.
After lowering its third-quarter revenue guidance range from $118M-$125M to $110M-$116M, Chinese online gaming company Perfect World (NASDAQ:PWRD) is trading sharply lower. The company is blaming weaker guidance on lower in-game promotional activity for some of its current games.
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Netflix (NASDAQ:NFLX) has been declining today after the it lowered its third-quarter U.S. subscriber growth forecast to 21.8 million for streaming and 14.2 million for its DVD service, down from 22 million and 15 million, respectively. Netflix recently instituted higher prices for users of its DVD delivery service.
Baidu’s (NASDAQ:BIDU) online travel site, Qunar.com, plans to file for an IPO next year. The Chinese search company invested $306 million in Qunar in June, making it the company’s new majority shareholder.