June 10, 2005
News in brief
Apple has announced that it will drop IBM as a chip supplier for its personal computers and will begin using Intel chips.
The case of a BYU veterinary professor, fired by the school on various charges, including improperly dispensing medications and wrestling with female students, will go to trial.
InterActiveCorp, the parent of Ticketmaster and the Home Shopping Network, will sell its 5.4 percent share of Vivendi Universal Entertainment to NBC Universal for about $3.4 billion in cash and shares.
The University of Pittsburgh, responding to a breach of contract action over its cancellation of the "Semester at Sea" program, says its action was prompted by "grave concerns" about the safety of the ship.
Google ($80 billion) this week passed Time Warner ($77.5 billion) to become the world’s most highly valued media company—although Time Warner has 12 times the revenues and 5 times the profit. Bubble? What bubble?
A New Mexico congressman is asking the Energy Department to renew the University of California’s contract to manage the Los Alamos National Laboratory, which expires in September, to July 2006, when a new management contract is due to be awarded.
The number of contract workers at Japanese auto plants—workers who do not get the benefits of regular employees—has reached a record 40,000, as Japanese auto production explodes.
Critics say a new garbage-hauling contract in Fort Wayne, Indiana, creates the wrong incentives, because it pays the hauler $62 a ton for hauling garbage but $103 a ton for hauling recyclables—which means that residents will save money by throwing recyclables in the trash.
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