BizJournals Portfolio
Jul 15 2008 12:00am EDT

Last Bytes: Intel, Sprint Nextel, Twitter, Apple

-- Intel blew out Wall Street revenue estimates, reporting record second-quarter revenue of $9.5 billion. The company's profit jumped 25 percent. [Intel]

-- SK Telecom, the South Korean communications giant, is in talks to buy Sprint Nextel. [CNBC]

-- It's official. Micro-blogging platform Twitter has purchased "conversational" search engine Summize for a reported $15 million. Now, about that revenue model... [Twitter]

-- Apple has filed a lawsuit against Psystar, a company that makes Mac-clones. Hey Steve, I thought imitation was the sincerest form of flattery? [ZDNet]

-Sam Gustin. □


Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

People & Ideas

Whisky To-Go-Go

Now there's a company that let's you taste your knowledge of fine blended Scotches by mixing a whisky of your own. Read More