Channel Insider Staff

(Reuters) – A majority of small, community-focused U.S. banks plan to lend more to businesses in 2011 than 2010, according to a recent study by industry consulting firm Sageworks Inc. According to the study, 58 percent of lenders at community banks plans to make significantly more commercial loans this year than last. Roughly 38 percent […]

SAN FRANCISCO, Jan 10 (Reuters) – Advanced Micro Devices Inc (NYSE:AMD) Inc’s chief executive resigned on Monday as the world’s No. 2 maker of PC microprocessor chips said it was seeking a new CEO to boost the company’s growth, sending shares down nearly 4 percent in after-hours trading. AMD said the resignation of Dirk Meyer […]

SAN FRANCISCO, Jan 10 (Reuters) – Intel Corp (NASDAQ:INTL) said it is paying graphics chip designer Nvidia Corp (NASDAQ:NVDA) a $1.5 billion licensing fee, settling a legal dispute over a license to make chipsets and boosting Nvidia’s shares. Under the agreement, Intel, the world’s largest microchip maker, will be allowed to use some patents belonging […]

IT management software and solutions specialist CA Technologies announced the general availability of three products in the CA Automation Suite, launched in October. CA Configuration Automation r12, CA Process Automation r3, and CA Server Automation r12 are designed to help SMBs (small and medium-size businesses) expedite their passage to a virtualized, cloud computing infrastructure. The […]

Jan 7 (Reuters) – Hewlett-Packard Co (NYSE:HPQ) is naming a new executive to head up communications, bringing over a veteran from SAP AG (DE:SAPG). New HP Chief Executive Leo Apotheker, who was previously CEO at SAP, named Bill Wohl to the newly created position of chief communications officer, according to a memo sent to HP […]

LAS VEGAS, Jan 7 (Reuters) – Lenovo Group Ltd (HK:0992), which is making a concerted push into tablets, said it expects the devices to see good growth but still eventually only make up a fraction of the broader personal computer market. Rory Read, chief operating officer for Lenovo, predicted that tablets will settle in at […]

Jan 10 (Reuters) – Microsoft Corp (NASDAQ:MSFT) said on Monday the head of its third-largest business will leave the company in the summer and it is looking for a replacement. Bob Muglia, who runs Microsoft’s Server and Tools business, which makes money selling server software to companies, had been at the company for 23 years. […]

(Reuters) – T-Mobile USA plans to start doubling the speed of its high-speed wireless data network this year to 42 megabits per second, joining a race toward higher-speed networks to make its service competitive with Verizon Wireless’. T-Mobile USA, a unit of Deutsche Telekom, also told reporters at the Consumer Electronics Show it would not […]

(Reuters) – Microsoft’s plan to make Windows compatible with ARM Holdings chip designs will help the software giant establish a major presence in smartphones and tablets, ARM’s president said. Microsoft has been slow to make a splash in the mobile market, dominated by Apple, Google and Research In Motion, but it’s not too late, Tudor […]

(Reuters) – Verizon Wireless is experiencing a boost in higher-margin wireless data subscribers thanks to a $10 limited data service it is offering, potentially encouraging the top U.S. operator to make such an offer more permanent. While rival AT&T Inc had eliminated unlimited data services and been selling useage-based data pricing plans to smartphone customers […]

(Reuters) – Sony Corp aims to slide in behind Apple Inc as the world’s second-largest maker of tablet devices by 2012, a senior executive said on Thursday, adding that a PlayStation phone was also a potential opportunity. Separately, Sony CEO Howard Stringer denied he was a candidate for the chairmanship of the BBC, after a […]

LAS VEGAS, Jan 5 (Reuters) – LG Electronics unveiled its first tablet, running on Google’s Android platform, through T-Mobile USA, as it seeks to grab some share of the emerging tablet market from Apple . LG plans to sell the 8.9-inch tablet, based on Google’s forthcoming Android version of Honeycomb, in the next few months […]