Intersil to cut jobs as costs mount
(Reuters) - Chipmaker Intersil Corp will reduce its workforce by 11 percent to cut costs and revamp its product portfolio. The company expects to incur charges of about $9 million in the second quarter due to the restructuring, it said in a regulatory filing on Wednesday. Intersil employed 1,643 workers as of December 31, 2011. The company said the restructuring plan includes trimming operating costs by about $40 million annually. Intersil's revenue has declined for the last four quarters. Costs, however, have not fallen, hitting its operating margins. ... Pandora Media raises outlook as more people tune in
 (Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in. The stock climbed 17 percent in extended trading after closing at $10.33 on Wednesday. "We are making excellent progress on all fronts - consumer adoption continues at an extraordinary pace," Pandora Chief Executive Joe Kennedy said in an interview with Reuters. Pandora raised its full-year revenue outlook to a range of $420 million to $427 million from a previous forecast of $410 million to $420 million. ...
Gadgets: Illuminating Speaker Dock
ABC News' gadget roundup this week features an illuminating speaker, carbon fiber ThinkPad ultrabook, and a new Sony camera. Click through for more exciting gadget picks this week.
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 Game Review: 'Sorcery'
“Sorcery” is finally here, and after years of anticipation PS3 fans finally get a game that shows off what the PlayStation Move controller can do. The game takes five to six hours to play — disappointingly short, but still, “Sorcery” is a beautiful game...
Google Graph Makes Search Smarter
Google's new Knowledge Graph is a new search tool that will begin rolling out starting today, and it it's meant to help you find search results faster. When you search now for popular or well-known people, places and things you'll get a box to the left of the results explaining more about that term.
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