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IN THE PAPERS

In the papers 21 September

21-09-2007

by Sylvia Leatham

Intel founder predicts demise of Moore's Law | Sharp to take stake in Pioneer

The Irish Times reports that the Halo 3 computer game will go on sale in Ireland next Wednesday, with upwards of 20 stores around the State opening at midnight on Tuesday to satisfy demand. The game, a futuristic first person shooter developed by Microsoft subsidiary Bungie, will be exclusively available for the Xbox console.

The paper also notes that Gordon Moore, the billionaire Intel co-founder, has said that the era of "Moore's Law" is drawing to a close, perhaps as soon as 10 years from now. Moore's Law -- based on his observation in 1965 that the number of transistors on a computer chip doubles roughly every two years -- has for more than 40 years dictated the pace of change in the technology industry.

The same paper reports on the launch of the Government's Office for Internet Safety, established to combat internet child pornography and ensure ISPs work to prevent illegal or harmful content appearing on the internet. Read the full story on ENN.

The Irish Independent reports that Zamano turned in EUR1.4 million in pre-tax profits for the first half of this year. Read the details of Zamano's results on ENN.

The Wall Street Journal says that Apple chief Steve Jobs has been subpoenaed by the US Securities and Exchange Commission to answer questions in a stock-options backdating case against Apple's former general counsel, according to a source. Jobs is being asked to give a deposition in a civil suit brought in April by the SEC against Nancy Heinen, Apple's former general counsel. Heinen, who left the company in May 2006, is accused of helping to manipulate one of her own stock-option awards and a grant to Jobs, and falsifying company records to conceal the alleged fraud.

The paper also reports that Japanese television giant Sharp is to take a 14.3 percent stake in rival Pioneer. Sharp will pay JPY41.4 billion (USD356.7 million) for 30 million newly issued Pioneer shares, making it the Tokyo-based company's biggest shareholder. Pioneer will buy 10 million shares of Sharp for JPY19.7 billion to cement the relationship.

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