RED HERRING | Intel Merging Wi-Fi with WiMax: "The success of Centrino laptop chips not only taught Intel the lesson about creating less power-hungry chips, it also opened the chip maker’s eyes to new markets in wireless devices and Internet access. This focus on selling chips to the wireless market has led to huge investments in Wi-Fi and WiMax technologies. The chip giant already made Wi-Fi popular by bundling processors with Wi-Fi radios. It also has championed WiMax, a technology that delivers much wider coverage than Wi-Fi. How Intel plans to popularize WiMax became clearer on Tuesday when Sean Maloney, executive vice president and general manager of the mobility group, said his engineers are working on putting Wi-Fi and WiMax on the same radio chip, code-named Ofer, in three years."
By Cesar G. Soriano, USA TODAY USAToday.com - London : "This Christmas season, the hottest-selling gifts in Europe are pricey American products such as iPods, the Xbox 360 and celebrity-inspired fashions. That kind of shopping has led to a very American problem: credit card debt." Nationwide, 34% of Britons say they will use credit cards or store cards to pay for their holiday purchases this year. And one in five say they are still paying off their gifts from last Christmas, according to a December poll by Zopa, an online lending agency. "The UK has adopted the American habit of credit with vigor, and consequently consumers are rapidly getting in over their heads," says Steve Rhode, president of Myvesta.org, a non-profit, debt-relief group. In August, U.S.-based Myvesta opened an office in Britain to deal with the growing number of Britons in debt. The number of people filing for bankruptcy or insolvency in England and Wales rose 46% from 2004 to 2005 to a record, a...
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