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Who profits from semiconductor spin-offs?

We've seen a horde of semiconductor spin-offs these past 10 years. Why all of a sudden? Companies are refocusing on core competencies and unloading unprofitable, sometimes debt-ridden businesses. There's also an ongoing and apparently interminable disaggregation of the electronics industry.

The latest trend is for semiconductor companies to spin off product or application-focused companies. I'm not sure that's always the right move, but you'll see a lot more of that in the coming years.

Here are 10 notable chip divestitures. A bunch of them went public during the tech bubble--exciting for them, not so much for long-term investors who, for the most part, took it in the shorts.… Read more

Coca-Cola targets teens with cell phone social network

Parents of teens already dread getting their monthly cell phone bill, and it could get even worse. The reason comes from an unlikely source: soda pop.

In the coming weeks, Coca-Cola will bring "Sprite Yard" to the U.S. market, a social-networking site that targets cell-phone-toting teens (is that redundant?), with such features as personal profiles, photo sharing and online chat, according to the New York Times.

Jonathan Sackett, the head digital officer at Arnold Worldwide, makes this observation in the report: "Coke could see trouble if teenagers run up high data charges on their phones using … Read more