Stay updated with breaking news from Jack dorsey steve. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
vonnie: it sounds like the time for diplomacy has ended in the greek crisis. greece was given less than 24 hours to end the deadlock over bailout money. eu officials tell bloomberg news all scenarios are being examined as greece refuses to come to light. we are learning this morning that the hack attack on federal personnel records was a lot worse than first thought. hackers may have stolen data on as many as 40 million people more than triple the number reported last week. the u.s. has blamed chinese hackers. officials are considering a number of responses one likely to target data in hackers servers. the house is expected to vote on the fast-track trade bill today, and there is an all-out fight on both sides. union backed democrats are trying to find ways to defeat the bill. they say it would kill jobs and wages. one of twitter posco founders will try to get the company back on track. ceo in the costello ceo to costello has stepped down. investors are endorsing the ....
intel does. they design them. and they are basically an intellectual property firm. as everything becomes a computer, they are really important. about 15 billion chips with arm designs shipped last year, up from about 6 billion in 2010. so lots of obviously the smartphone revolution has been huge for them. but everything is a computer now. so arm has really capitalized on that. about seven years ago, i went out to cambridge in the uk and did a feature for fortune magazine on arm. they were at a plateau period because smartphones hadn t really taken off. there were questions about whether they d be able to take on intel. they successfully did that. now another period where smartphones are successful but their growth has starred out. and now they re looking at the internet of things. the challenge that arm has had, and they were talking about it seven years ago about the idea of smart washer and dryers and refrigerators. there was no single player that was going to ....