A curated selection of the day's most newsworthy tech stories from all over the Web.
Though AMD CEO Dirk Meyer officially resigned his position, some sources indicate he was forced out because the company's board felt he wasn't that effective in improving the chip maker's position in areas like tablets and server systems. CFO Thomas Seifert was named interim CEO while AMD searches for Meyer's long-term replacement. (Wall Street Journal)
A curated selection of the day's most newsworthy tech stories from all over the Web.
As reported a week ago, MySpace intends to lay off 50%, or between 550 and 600, of its staff today under the guise of restructuring and shedding legacy business divisions. Afterwards, it's expected the struggling social network-turned-entertainment hub will look at sale options. Some possibilities: being picked up by a private equity buyer or even being MORE
JP Mangalindan, Writer - Jan 11, 2011 6:00 AM ET
After decades of being viewed as an inexpensive, also-ran chip manufacturer, AMD is in a better position to compete. Much of that has to do with CEO Dirk Meyer.
Dirk Meyer has been good for AMD.
While it's far too early to say whether the chip company will budge Intel's stranglehold over the x86-based processor market, Meyer, who started with the company as an engineer in 1995 to work on the MORE
JP Mangalindan, Writer - Aug 30, 2010 12:08 PM ET