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Press Releases

Prosecutors: Accounting firm to pay Medicare programs $105K

BENNINGTON, Vt.— The accounting firm for a former boarding facility for socially and emotionally challenged children is paying Vermont and the federal government a total of $105,000 as part of a settlement. Federal prosecutors say Kushi and Myers PC should have known there were problems with the school's filings to obtain Medicaid funding.

Source: The Associated Press

How 3Glasses makes 'affordable, high-quality VR headsets'

3Glasses' Philip Kong says the firm is able to produce quality PC-connected VR headsets at low price points because it is based in China.


Facebook tagged in photo lawsuit

Jay Edelson, Edelson PC founder & CEO, explains the details behind a lawsuit that Facebook is involved in.


UPDATE 2-SanDisk revenue rises as demand grows for solid-state drives

*Q1 rev $1.37 bln vs est. EPS 82 cents vs est. "What is encouraging is that client SSD is doing well while the PC market is not doing very well," said Sterne Agee CRT analyst Douglas Freedman.

Source: Reuters

Is the PC dead?

Mizuho Securities Managing Director Vijay Rakesh and Raymond James Analyst Hans Mosesmann discuss the virtual reality market and if it can save Intel.


Mobile game revenue to pass console, PC for first time

Mobile gaming revenues are expected to outstrip the money generated by console and PC games in 2016 for the first time, a new report shows.


UPDATE 1-Intel and Microsoft face different challenges in shifts to cloud

SAN FRANCISCO, April 21- Financial results from Microsoft Corp and Intel Corp this week brought into sharp relief the challenges the onetime PC partners face as they shift more of their emphasis to cloud computing. Microsoft's market capitalization of around $440 billion is almost three times Intel's at $151 billion, compared to about double five years ago.

Source: Reuters

As Microsoft soars on cloud, PC partner Intel seeks lift off

SAN FRANCISCO, April 21- Microsoft Corp and Intel Corp's financial results this week brought into sharp relief the onetime PC partners' attempts to gear up for cloud computing, where Microsoft is soaring and Intel has not quite taken off. Microsoft's market capitalization of around $439.68 billion is almost three times Intel's at $150.96 billion, compared to...

Source: Reuters

Cramer's Stop Trading: Lexmark buyout 'bad for HPQ'

CNBC's Jim Cramer explains why he is watching the PC market, and Lexmark International.


Chips are down for Intel

PC sales are off to another bad start this year with shipments down nearly 10-percent. Arik Hesseldahl, Re/code senior editor, discusses whether Intel can turn around PC sales.