SanDisk founder and CEO Eli Harari rebuffed Samsung's buyout offer, saying it undervalued the company. Photo: SanDisk
Politics, as humorist FP Dunne famously put it, ain't beanbag. If Dunne had spent his days observing Silicon Valley innovators instead of Chicago machine pols, he might have said the same about the flash memory business.
It's cutthroat stuff. Just look at the standoff between ailing flash innovator SanDisk (SNDK) and South Korean powerhouse Samsung.
On MOREJon Fortt - Sep 18, 2008 8:22 AM ET
There haven't been many tech IPOs lately - only three this year, in fact. People here in Silicon Valley have certainly noticed – this place thrives on venture capital, so in financial terms, the mood has been a little like a maternity ward going without any deliveries. Yes, entrepreneurs have still gotten rich selling out to big companies like Google and Microsoft, but without the same kind of cigar-passing glee MOREJon Fortt - Aug 6, 2008 9:58 AM ET
EMC division president Mark Lewis says banks are slow to spend these days. Image: EMC
With the turmoil in the financial markets, it shouldn't come as a surprise that banks aren't going on a spending spree. That's one of the backdrops to Fortune's Brainstorm Tech conference in Half Moon Bay, where a handpicked group of tech luminaries have gathered to talk about the digital future.
In a side conversation near the bar MOREJon Fortt - Jul 21, 2008 8:54 PM ET
Iomega's Rev drives compete with portable hard drives from Seagate and Western Digital; EMC hopes to buy the company and turbocharge the brand. Image: Iomega
What happened to Iomega (IOM)?
It was a gravity-defying technology stock during its best run a decade ago. At its peak in 1996, the company's nearly $6 billion valuation meant many investors were betting it would be the future of digital storage.
Iomega seemed to be at the MOREJon Fortt - May 1, 2008 9:29 AM ET
The HP Mini laptop is aimed at the education market, but it could appeal to road warriors as well. Image: HP
Pick up HP's new $500 mini-laptop, and the first thing you notice is the aluminum casing. Though the thing weighs only about 2.5 pounds, what's striking is how its sleek skin makes it feel solid and professional – not at all what you'd expect from a budget PC.
I'm in a MOREJon Fortt - Apr 8, 2008 12:09 PM ET
Lenovo's critically acclaimed ThinkPad X300 laptop does without a hard drive. Image: Lenovo
While munching on a reuben at Birk's, a steakhouse in Silicon Valley, Seagate (STX) CEO Bill Watkins is explaining why he's not too worried about a these trendy new laptops that have everything but a hard drive.
On the surface, this would seem to be a big problem. Seagate, after all, is the world's largest hard drive maker with MOREJon Fortt - Mar 17, 2008 8:25 AM ET
Last year's iPhone introduction was an A+, with a beyond-cool gadget, new software and new services. So how did Apple (AAPL) score this year with its Macworld presentations? A slim laptop with Intel (INTC) inside won bonus points, but aside from that, CEO Steve Jobs had to rely on his top-notch presentation skills. This is how we graded his keynote announcements:Jon Fortt - Jan 16, 2008 12:23 AM ET
Flash-based laptops? Suped-up iPhones? The wait is over for Apple's biggest announcements of the year.
The crowd at Macworld 2008 settles in for the Steve Jobs keynote. Photo: Jon Fortt
SAN FRANCISCO -- The keynote has begun. There's a Mac vs. PC commercial showing. PC is talking about what a bad year 2007 was, with all of Apple's announcements including the iPhone. PC says 2008, though, will be a great year. "What MOREJon Fortt - Jan 15, 2008 11:54 AM ET
Journalists prepare for the start of the Sony pre-CES press conference. Image: Jon Fortt
LAS VEGAS - Fresh from its news that Warner has backed its Blu-ray format for high definition, Sony (SNE) is vying to show that it is still an electronics innovator, and isn't languishing in the shadow of iPod maker Apple (AAPL).
To that end, the electronics giant said it will immediately begin selling an 11-inch version of a MOREJon Fortt - Jan 6, 2008 7:24 PM ET
At next month's Macworld show, will the trendsetter say goodbye to hard drives?
Apple's MacBook Pro could get a storage upgrade soon. Image: Apple
What do you get when you cross an iPod with a Mac?
A super-slim laptop that uses chip-based flash memory in place of a spinning hard drive, of course. If the rumors are right, Apple (AAPL) will unveil one at the annual Macworld confab next month.
Before you begin salivating MOREJon Fortt - Dec 21, 2007 6:00 AM ET
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