Goldman Sachs most affected by Volcker rule: analyst
Graseck and her team add that: Hedging will likely be permitted but with greater documentation and monitoring; market making is a judgment call and that Goldman Sachs will be most affected by the new rules.
The analyst writes Goldman Sachs generates about 50% of revenue from trading, with fixed Income, currency and commodities contributing 30%. In addition, the firm generates 17% of revenues from investing and lending, which is its direct equity and debt investments and investments in funds.
“We think 25% of this revenue could be at risk from Volcker,” said Graseck in a report.
I agree Wallis. This move by MS and recent comments by MS VP Julie Larson-Green are really encouraging and indicate there is renewing strong ties between MS and Intel.
I remember Android tablets were going no where in terms of gaining market share from iPads. Then the Nexus 7 came out and all of a sudden Android tablets just took off. The success of the Asus T100 and Dell Venue Pro 8 may set up the same kind of catalyst for Windows tablets .
"The Venue Pro 8 connects to the aftermarket USB hub through its single micro USB ?"
Yes. And you connect up to 4 monitors to it. Plus mouse, keyboard, external HDD etc.
"The problem is that the Venue Pro 8 can't be a very good smartphone"
[Wait until Broxton comes out. I think we will see a smartphone running full Windows 8 with Broxton. It could have happened now if MS had cooperated]
"Venue Pro 8 can't be a very good computer because the screen size is only 8" and there is only one micro USB for connections.
[NOT TRUE. All you need is a USB hub to turn it into a full desktop experience. Check the following video:
Microsoft Looks to Woo Shoppers With $199 Tablet, 12 Days of Deals
Aiming to attract more shoppers to its stores — and to Windows — Microsoft is planning 12 days of deals, kicking off Monday with a $199 tablet for sale at its retail and online stores.
Microsoft 12 days of deals-feature
The company will sell Dell’s Venue 8 Pro — an 8-inch Windows tablet — for $199, with the first 20 visitors to each store getting it for just $99. The quad-core, Intel-based tablet, which normally sells for $299, includes the full version of Windows 8.1 and comes bundled with Office Home and Student.
Other deals will follow each day, with Tuesday’s offer being the Garmin Forerunner 110 Fitness watch plus a $25 gift card for $129.99.
A teaser page went live on Friday at Microsoft’s online store.
In the early 1990s, Oregon calculated corporate income taxes giving equal weight to a company's in-state payroll, property and sales. The state began giving more weight to sales, eventually dropping payroll and property from the formula in 2005.
Critics say the single sales factor deprives the state of much-needed income from large corporations.
"It's more insulting than Nike, because Intel, unlike Nike, is a major proponent of wanting Oregon and other states to invest in education and create more engineers," said Chuck Sheketoff, director of the left-leaning Oregon Center for Public Policy.
Intel shares climbed 55 cents, or 2.3 percent, to close at $24.81 Friday. Citigroup upgraded the company's stock earlier in the day to "buy" from "neutral," saying demand for personal computers has stabilized.
[I wonder if guidance will be affected by this deal]
PORTLAND, Ore. (AP) -- Gov. John Kitzhaber announced Friday that he's giving Intel a tax deal similar to the one he granted Nike a year ago.
The 30-year agreement promises that any changes to Oregon's corporate tax structure won't affect Intel Corp. The chipmaker secured the agreement in exchange for an expansion it announced in October 2012. The company is spending $500 million to expand a semiconductor plant in Hillsboro and must create at least 500 jobs to get the tax guarantee.
The Legislature gave Kitzhaber temporary authority to make tax guarantees to companies planning large investments. It came in response to a demand from Nike Inc., which said it would expand in Oregon if the state promised not to change a favorable tax structure.
Intel's deal comes a few weeks before Kitzhaber's authority to make tax guarantees expires at the end of the year.
The state taxes corporations based only on their Oregon sales. The so-called "single sales factor" is beneficial to large companies like Nike and Intel that have many employees and a lot of profit but relatively few sales in Oregon.
"Intel's commitment to Oregon is staggering, from its impact on job growth, to revenue for critical public services, to influencing an economy of innovation," Kitzhaber said in a statement.
Intel is Oregon's largest private employer, with about 16,000 workers in the state.
The tax guarantees for Nike and Intel promise that the single sales factor will remain in effect for those companies. The state is free to change the tax rate, but Nike and Intel would be exempt if the state decided to include measures such as payroll or property value in its corporate income tax calculations.
The deal would remain in effect even if Intel later eliminates the 500 additional jobs it's required to create.
"the PC has evolved."
That's right. I think we will see, in the near future a 13" tablet, with Intel's Core, that weigh 1-pound, (as light as the current iPad Air). We might not see it at 14nm but I think we will see it at 10nm. Also think keyboard and mouse are still required interfaces and will not be going away anytime soon. This is why I firmly believe in Intel's 2-in-1 approach. Current 2-in-1s with large screens such as the HP Spectre x2 are already compelling devices, but the tablet piece will just get lighter and lighter over time.
On the other end of the spectrum we have smartphones. Smartphones are evolving into PCs. When Braxton comes along, I would not be surprised to see phablets running full Windows that can be docked for a full desktop experience.
Intel's new moto - "if it computes, it computes best with Intel". Clearly shows where Intel is going. Intel will only grow from here as they enter every computing segment...from IofTs, to smartphones, to tablet, to 2-in-1s...all the way to datacenter.
Intel has teamed up with NXP Semiconductor to devise two-factor authentication for mobile payments using MasterCard’s MasterPass service.
Oddly enough, the effort appears to be centred on 4th generation Core parts rather than Bay Trail Atoms. The embedded NFC readers should be used in utlrabooks, 2-in-1s and AIO PCs. However, the solution will also be used in mobile phones and tablets, which means Atom chips are getting it, too.
Although Intel collaborated with MasterCard, the solution should work with any NFC-based payment platform, including Visa, Master Card, American Express or Discovery.
Some Core-based notebooks are already shipping with NXP’s PN544PC NFC reader chip.
[Further proof of PC growth. Good news for Intel]
Notebook PC touch-screen panel shipments will reach 4.9 million units in the fourth quarter, says IHS
December 6, 2013 | By Fred Donovan
Demand for notebook PC touch-screen panels is forecast by IHS to see double-digit growth in the fourth quarter of this year, after stagnating for much of 2013.
Notebook PC touch-screen panel shipments will reach 4.9 million units in the fourth quarter, up 10 percent sequentially, following a 2 percent increase in the third quarter and a 5 percent drop in the second quarter.
For the entire year, shipments of notebook touch-screen panels are expected to reach 18.2 million units, up nearly 500 percent from the 3.2 million units in 2012.
"While the overall notebook PC market remains sluggish, sales of touch panels for notebook PCs are showing some signs of life in the fourth quarter. The resumption of double-digit growth is being driven by the full-scale launch of 10.1-inch touch-screen panels that appeal to consumers, along with the introduction of a new microprocessor solution and the arrival of exciting new form factors," observes Stone Wu, principal analyst for display components and materials at IHS.
Wu attributes the rise in shipments to the launch of notebooks running Intel's Atom Bay Trail chip and sale of convertible notebooks that have detachable displays. Shipments of convertible notebooks with touch screens rose to 16.9 percent of total shipments of notebooks with touch-screen displays in the third quarter, up from 11.5 percent in the second quarter.
At the same time, clamshell notebooks with touch-screen panels saw shipments falling to 63.4 percent of total shipments, down from 75.2 percent in the second quarter.
Overall, market revenue for notebook touch-screen panels totaled $190.2 million in the third quarter, down 12.8 percent sequentially. Pricing was affected by panel oversupply, particularly in the large-sized laptop market, according to IHS.
The Gateway LT41P is a 10 inch laptop with a touchscreen display, an Intel Celeron Bay Trail processor, and Windows 8 software. List prices start at $330, but TigerDirect has had an entry-level model available for a few weeks for just $280.
That makes the LT41P one of the most inexpensive 10 inch touchscreen notebooks around.
For that price you get a little laptop with a 1.46 GHz Intel Celeron N2805 dual-core processor, a 10.1 inch, 1366 x 768 pixel touchscreen display, 2GB of RAM, and a 320GB hard drive.
The notebook runs Windows 8 32-bit software, comes with Microsoft Office 2013 Home & Student, and measures 10.1″ x 7.2″ x 1.3″ and weighs 2.4 pounds.
The base model has a 28Whr battery which should provide up to 5 hours of battery life. There’s also a model with a larger 56Whr battery which should be good for up to 10 hours — but which brings the laptop’s weight up to 2.7 pounds.
According to the Gateway website, there are 5 different versions of the laptop — but 4 of them seem to be identical. The stand-out is the Gateway LT41P09u, which has the larger battery and sells for $350.
The Gateway LT41p first showed up in Europe in October, where it’s also sold under the Packard Bell brand. Gateway and Packard Bell are both subsidiaries of Acer.
The Network of the Future
Intel sees networks that are built increasingly on standards based architectures – delivering maximum flexibility and minimizing TCO. The company believes that the use of a common architecture and common tools to accelerate innovation and reduce development costs. Intel sees further consolidation of telco, cloud and enterprise technologies allowing end users to improve time to provisioning while increasing flexibility and scale. The world’s largest chipmaker predicts that operator networks built using these standards based approaches to drive down Opex/Capex and increase services revenue.
Open Standards-Based Acceleration
Network equipment built on standards-based architectures helps reduce the effort and cost to deploy common network functions, like compression and cryptography. For instance, equipment manufacturers can cost-effectively add these workloads using open source frameworks like zib (compression) and OpenSSL (security). But with increasing throughput requirements, acceleration is needed. That’s where Intel QuickAssist technology comes in, boosting the performance of these solutions and others with special-purpose hardware accelerators that can easily be called into action.
Developers can dramatically boost the performance of open source solutions with no, or minor, code changes. A simple API invokes the hardware-based compression and cryptography acceleration supported by Intel QuickAssist Technology using Intel-developed or open source framework patches.
Intel Highland Forest and Coleto Creek
The accelerators are integrated in a family of pin-compatible server chipsets, called the Intel communications chipset 89xx series, and in the Intel Atom processor C2758, which is ideal for entry-level, network equipment. The technology delivers scalable crypto performance up to 50Gb/s, PKE performance of 40kops/sec (2 kb keys), and compression up to 24Gb/s per chipset – via on-chip hardware accelerators that greatly minimize the load on the CPU.
With a dual-socket Intel Xeon processor E5-2600 v2 platform with the Intel communications chipset 89xx Series, performance scales up to 255Mpps of L3 forwarding (64 bytes packets), 110Gb/s of IPsec throughput, 200Gb/s of OpenSSL throughput, and 140Gb/s of deep packet inspection (DPI) throughput.
Intel Introduces Network Acceleration Platform with Xeon E5-2600 v2 Processors
by Anton Shilov
Intel Corp. has announced Highland Forest, a new communications platform that combines the Intel Xeon processor E5-2600 v2 with the new Intel communications chipset series 89xx (codename Coleto Creek). The platform will create efficiencies for telecom customers though workload consolidation, streamlined R&D resources, common software tools and faster system integration.
Networking Infrastructure Transforming
Networking infrastructure today is in the midst a massive transformation. Migration of fixed function networking workloads to standards based server platforms running enterprise grade open source networking software. Although the standardization process has done a marvelous job in addressing packet flows, opportunities are being missed at higher function levels with respect to virtualization, security, compression, and power management to name a few. Recognizing this void, the industry is establishing standard architectural approaches – namely software-defined networking (SDN) and network function virtualization (NFV) – to improve the way networks are deployed and services are delivered.
With communications networks moving to server technology, we’re seeing a convergence of telecom, data center, and enterprise infrastructure technologies. In fact, technologies from data centers (e.g., virtualization, power management, security, and standard hardware and software) are being applied across the board, and the response has been extremely enthusiastic. While technologies including DPDK are realizing adoption in cloud and enterprise environments.
"Just like the small FPGA players Intel selected years before ALTR agreement Intel selected microsemi as a training ground to improve/enhance their analg/RF capabilities"
Using same logic, other, larger, analog/RF players are Maxim Integrated Products (MXIM) and Texas Instruments (TXN)..both could be potential foundry customers for Intel.
I think a number of things:
- AMD "changing course" means they are in trouble and Intel taking all market shares from them but consumer and servers
- PC bottoming. Kirk Skaugen said US corporate PC sales is up for 2013 and corporate sales will be up across the board next year.
- Intel's 40 million tablet initiative
- Lots of discussion on iHub board mentioning foundries will not have 20nm products out until 2H2014