musich

Senior year is stressful for a lot of students. Most are concentrated on getting good grades and academic honors so they can get into a good college and have a better life some day. A lot of students do a lot of hard work in order to earn money to go to college. However, two dozen students from around the country will, instead of going to college, be paid to not go to school. That's right, 24 gifted technical students from around the country will each be given a $100,000 scholarship by San Francisco tech tycoon Peter Thiel with a little catch, that they do not go to college this coming fall. Instead of going to school, these students are receiving the $100,000 so they can chase their dreams for the next two years. "It seems like the perfect point in our lives to pursue this kind of project," stated Nick Cammarata, a gifted computer programmer who recently got accepted into the esteemed computer science program at Carnegie Mellon's University. He, along with 17-year-ol...

Good news recently came out of Dell as the computer company reported that its net income for the last quarter nearly tripled as Dell benefited from lower computer component costs and growth in certain areas of its more profitable product lines. Dell's shares rose 5% in extended trading, beating analysts' adjusted net income estimates but coming a bit short of revenue estimates. For Dell's first three months, which ended on April 29th, Dell earned $945 million, which equals about $0.49 per share, which was higher than the $341 million, $0.17 per share of last year. If you exclude one-time items, Dell earned $0.55 per share which easily beat the numbers expected by Wall Street. Analysts polled by FactSet estimated adjusted earnings of $0.43 per share. Revenue rose only 1% to $15.02 billion from $14.9 billion last year, which was short of the predicted $15.4 billion. Product revenue remained the same at $12.1 billion with services revenue rising 6% to $3.0 billion. Dell's ...

The Business Software Alliance (BSA) stated in their annual report that the revenue from software piracy in 2010 has reached record highs. The alliance stated that piracy worldwide is now costing the industry $59 billion. They also said that it seems as though the piracy is primarily occurring in emerging markets where PC growth is taking place. In terms of piracy rates according to region, the central/eastern regions of Europe and South and Central America ranked the highest. The regions all tied at 64 percent. The BSA said that the commercial value of software piracy has grown 14 percent in a mere year. The BSA represents the entire software industry. BSA president and chief executive Robert Holleyman said in a statement, “The software industry is being robbed blind. Nearly $59 billion worth of products were stolen last year — and the rates of theft are completely out of control in the world's fastest-growing markets. The irony is people everywhere value intellectual property ri...