emerging markets

(Newser) - Intel is working on a tiny, inexpensive microprocessor aimed at very low-end computers. Code-named Diamondville, the chip is for computers priced under $250, especially portable ones that Intel calls Netbooks. Manufacturers are creating such machines for emerging markets, as well as for industrialized countries, where they’re often bought as...

(Newser) - Sun Microsystems today reported a profit of $260 million for the quarter ending Dec. 30, MarketWatch reports. Though total revenue was $3.62 billion, Sun’s service and sales were responsible for most of the gains, growing to $1.37 billion from $1.31 billion in the same quarter last...

(Newser) - With the Fed’s rate cut in place, Wall Street has visions of another bubble—this time in emerging markets. The Dow skyrocketed 2.5% on news of the cut, but even that was dwarfed by 4.2% gains in the Bombay Sensex and 4.3% in Brazil’s Bovespa....