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Sharky Extreme : News From Inside The Industry

AMD has fired back against the NVIDIA GeForce 8800 GT juggernaut, with a new line of mainstream performance cards. The ATI Radeon HD 3800 series offers two models at launch, the ATI Radeon HD 3850 with 256MB of GDDR3 memory and the ATI Radeon HD 3870 with 512MB GDDR4 memory. These cards both use a 55nm process technology, and include Microsoft DirectX10.1 support. Another interesting option is the ATI CrossFireX feature, which offers tri and quad multi-GPU support for Radeon HD 3800 series buyers.

Performance-per-watt has really become a catch phrase over at AMD, and the company is quick to promote the Radeon HD 3800 series as the first graphics processors to use TSMC's 55nm process technology, which has allowed for a 2X increase in performance-per-watt. AMD is also pushing the enthusiast-performance-at-a-mainstream-price button, and said Rick Bergman, Senior Vice President and General Manager, Graphics Product Group, AMD, "With the introduction of the ATI Radeon HD 3800 series we are redefining the market for enthusiast graphics with a new class of price, performance and features that have never been seen before in this industry." AMD has set a $179 MSRP for the ATI Radeon HD 3850 256MB, while the Radeon HD 3870 512MB is a bit higher at $219.


Family Of Slain Woman Sues Apartment Management

The family of a 72-year-old Baltimore woman found stabbed to death at her Reservoir Hill apartment is suing the building's management.

Relatives of Shirley Cooper said a side door was frequently left open and that security guards at the front door often allowed nonresidents to enter.

Cooper's body was found June 2 at her apartment in the 2600 block of Madison Avenue. .


Lynchburg police investigating credit card theft

The credit cards in a wallet stolen from a car in Lynchburg were used to buy more than a $1,000 of merchandise at area businesses, police said.

The Lynchburg Police Department is investigating the theft, which began when the front passenger side window of a white Oldsmobile Bravada was smashed out in the parking lot of Macado's on Candlers Mountain Road on Oct. 31.

The suspect stole a wallet, which contained one of the victim's credit cards.

Then on Nov. 1, the suspect used the stolen card to buy $896 worth of merchandise at Lowes on Timberlake Road. He made another purchase at Food Lion on Timberlake Road for $217 worth of groceries and $33.93 in gas at the Wilco/Hess Store on Wards Rd.

The suspect is described as a black male and just over six feet tall.


(AFX UK Focus) 2007-11-14 16:05 GMT: HSBC sees higher Q3 profit; revenue growth offsets US loan charge UPDATE

(Adds Knight Vinke detail, updates share price)

LONDON (Thomson Financial) - HSBC Holdings PLC, the UK's biggest bank by market value, said third-quarter profits will be ahead of a year ago, as a higher-than-expected 3.4 bln usd charge for US loan impairment is offset by revenue growth.

The US bad debt charge was some 1.4 bln usd higher than would have been expected if first-half trends had continued, the bank said. Some 700 mln usd was related to US mortgages, with the remainder made up of branch unsecured loans and card portfolios.

HSBC said its total bad debts related to the US subprime mortgage market rose to 3.4 bln usd at the end of September from 2.6 bln at the end of June.

The bank warned the problems in its subprime mortgage business could worsen if the downturn in the US housing market continues.



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