Techcrunch: Fallout: Carlyle Group Cuts 10% Of Workforce, Closes Menlo Park Office

Posted by on under menlo park office, private equity fund, worldwide workforce, carlyle group, menlo park, assets under management, secd, billi, menlo, fallout, peoe |

Carlylye Group, the world's second largest private equity fund, is laying off 10% of its worldwide workforce, or about 100 people. Carlyle has $91.5 billion in assets under management. They're also closing their Menlo Park office outright. More here and here.
Tagi: menlo park office, private equity fund, worldwide workforce, carlyle group, menlo park, assets under management, secd, billi, menlo, fallout, peoe

Techcrunch: Fallout: Carlyle Group Cuts 10% Of Workforce, Closes Menlo Park Office

Posted by on under menlo park office, private equity fund, worldwide workforce, carlyle group, menlo park, assets under management, secd, billi, menlo, fallout, peoe |

Carlylye Group, the world's second largest private equity fund, is laying off 10% of its worldwide workforce, or about 100 people. Carlyle has $91.5 billion in assets under management. They're also closing their Menlo Park office outright. More here and here.
Tagi: menlo park office, private equity fund, worldwide workforce, carlyle group, menlo park, assets under management, secd, billi, menlo, fallout, peoe

California Requests Stimulus Funding For Bullet Train

Posted by on under arnold schwarzenegger, bullet train, train system, billi, slashdot, opti, miles per hour, stimulus, 100 years, trains, san diego |

marquinhocb writes "Gov. Arnold Schwarzenegger requested $4.7 billion in federal stimulus money Friday to help build an 800-mile bullet train system from San Diego to San Francisco. 'We're traveling on our trains at the same speed as 100 years ago,' the governor said. 'That is inexcusable. America must catch up.' Planners said the train would be able to travel from Los Angeles to San Francisco in two hours and 40 minutes, traveling at speeds of more than 200 miles per hour. About time! There comes a point when 'let's add another lane' is no longer a viable option!"

Read more of this story at Slashdot.



Tagi: arnold schwarzenegger, bullet train, train system, billi, slashdot, opti, miles per hour, stimulus, 100 years, trains, san diego

SKA Telescope To Provide a Billion PCs Worth of Processing

Posted by on under solid state storage, square kilometre array, telescope data, telescope project, storage technology, billi, exabyte, processing power, racetrack, grid computing, memory |

Sharky2009 writes "IBM is researching an exaflop machine with the processing power of about one billion PCs. The machine will be used to help process the Exabyte of data per day expected to flow off the Square Kilometre Array (SKA) telescope project. The company is also researching solid state storage technology called 'racetrack memory' which is much faster and denser than flash and may hold the secret to storing the data from the SKA. The story also says that the SKA is unlikely to use grid computing or a cloud-based approach to processing the telescope data due to challenge in transferring so much data (about one thousand million 1Gb memory sticks each day)."

Read more of this story at Slashdot.



Tagi: solid state storage, square kilometre array, telescope data, telescope project, storage technology, billi, exabyte, processing power, racetrack, grid computing, memory

Digg: Apple's Another Big Quarter, More Macs And iPhones sold than

Posted by on under billi, digg, apple |

The Q4 numbers are in for Apple and they're good. Quite good. Really good. The company posted revenue of $9.87 billion and a ...



Tagi: billi, digg, apple