"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Saturday, July 14, 2007

Intel on the outside are now on the inside of OLPC

No sooner has Lord Patel posted about the PC laptop / notebook power shift to the East and the way AMD have a prime position on the One Laptop per child Project (OLPC) than Intel make a volte face and have joined up on the MIT project. (Pic Negroponte at Davos with his OLPC)

In May this year, Nicholas Negroponte, the founder of OLPC, said the silicon giant "should be ashamed of itself" for efforts to undermine his initiative - their Chairman called it a "$100 gadget"

Negroponte accused Intel of selling its own cut-price laptop - the Classmate PC - below cost to drive him out of markets in the developing world.

Will Swope of Intel told BBC Online

"What happened in the past has happened," "But going forward, this allows the
two organisations to go do a better job and have a better impact for what we are
both very eager to do, which is help kids around the world."

Negroponte said: "Intel joins the OLPC board as a world leader in technology, helping reach the world's children. Collaboration with Intel means that the maximum number of laptops will reach children."

AMD were tight lipped and said ...""Intel's apparent change of heart is welcome, and we're sure they can make a positive contribution to this very worthy project for the benefit of children all over the world." More at NYT

We don't predict the future here. We just grasp at the straws in the wind.

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