writes: AMD announced substantial layoffs today. The company plans to trim 10% of workforce or 1,680 employees by the third quarter of this year in order to shave costs. Is this the first of many companies in the tech industry to be impacted by the economic slowdown or just a sign that AMD cant compete with Intel?
writes: Apple confirmed all the rumours today and announced the iPhone. They have also signed a multi-year agreement with Cingular to distribute the phone.