Short Takes

  • Even though its online services business unit incurred operating losses of $488 million, Microsoft Corp. said that its fourth-quarter revenue rose 18% to $15.8 billion and that its profits rose more than $1 billion to $4.3 billion.
  • The European Commission levied three new antitrust charges against Intel Corp. The EC said the charges reinforce a complaint filed last year in which the chip maker was accused of abusing its dominant market position.
  • Advanced Micro Devices Inc. has promoted President Dirk Meyer to CEO. He replaces Hector Ruiz. AMD announced the move after reporting its seventh consecutive quarterly loss.

Copyright © 2008 IDG Communications, Inc.

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