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.

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