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Posts Tagged ‘Rock Star’

Intel profits recover to $2.3 billion in Q4 2009, company describes it as 875 percent jump
Yo Intel, when your 2008 fourth quarter was one of the worst you ever recorded, it’s slightly, just slightly, facetious to go trumpeting an 875 percent improvement in your 2009 fortunes. The self-appointed chipmaking rock star has clocked up $10.6 billion in revenues for the last quarter, which filters down to $2.3 billion in pure, unadulterated, mother-loving profit. That’s good and indeed technically nearly nine times what the company achieved in the same period the previous year — we’d just appreciate this to be represented as the recovery it is, rather than some major leap forward in the face of a global financial meltdown. Either way, the Santa Clara checkbook is now well and truly balanced, even if it would’ve looked fatter still but for the small matter of a $1.25 billion settlement reflected in last quarter’s results.

Intel profits recover to $2.3 billion in Q4 2009, company describes it as 875 percent jump originally appeared on Engadget on Fri, 15 Jan 2010 02:20:00 EST. Please see our terms for use of feeds.

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Conan O’Brien talks to the co-creator of USB on The Tonight Show

Now this is kind of amazing. Remember those Intel “rock star” ads — featuring the co-creator of USB, Ajay Bhatt? Of course you do. What you might not know is that the Ajay Bhatt in those commercials is actually an actor. Apparently, Conan O’Brien made this discovery and felt compelled to sit down with the actual Ajay and pick his brain about technology… and, er, other things. Just watch the video after the break — you’ll thank us later.

Continue reading Conan O’Brien talks to the co-creator of USB on The Tonight Show

Filed under: Misc. Gadgets

Conan O’Brien talks to the co-creator of USB on The Tonight Show originally appeared on Engadget on Sat, 10 Oct 2009 13:30:00 EST. Please see our terms for use of feeds.

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Benchmark Capital’s Big Day

If you’re a partner at Benchmark Capital, you’re having a very good day and celebrating two separate portfolio acquisitions.

That’s sort of like an unassisted triple play in baseball, it just doesn’t happen that often. Maybe that’s why the team looks so darn happy in their website picture. Partner Peter Fenton (labeled Rock Star in photo) led both deals.

The first is Friendfeed, which was acquired by Facebook for an undisclosed sum. Benchmark was the sole venture capital investor in Friendfeed, which raised a $5 million in an early 2008. Benchmark now has stock in Facebook, the hottest IPO prospect in Silicon Valley right now.

The second is the much larger deal – VMWare’s $400+ million acquisition of Springsource, an enterprise and web application development and management startup. Benchmark was the biggest investor in Springsource, which raised a total of $15 million in two rounds of financing prior to the acquisition.

These weren’t the only wins for Benchmark this year, either. They were also investors in Pure Digital (acquired by Cisco for $590 million) and OpenTable (went public in May).

Benchmark still holds the record for (probably) the best venture investment in history – they turned a $6.7 million investment in eBay in 1997 into $5 billion by 1999. Partner Bill Gurley talks about that deal and Benchmark in general in our video interview with him last year.

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