SUNNYVALE (AP) - Chipmaker Advanced Micro Devices Inc. says it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.
PALO ALTO (AP) - The Internet icon that brought email to the masses with its classic "You've got mail" slogan now wants to help people organize the flood of messages in their Gmail, Yahoo mail and other accounts.
PHOENIX (AP) Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the University of Phoenix. To cope, the for-profit education company plans to close 115 of the university's mostly smaller locations, a move that will affect 13,000 students.
SANTA CLARA (AP) - Intel Corp., the world's largest chipmaker, expects cold winds to blow this fall, as consumers shift their spending toward tablets and a weak global economy curbs corporate spending on computers.