Arik Hesseldahl

Recent Posts by Arik Hesseldahl

AMD Shares Up on Real Estate Sale-Leaseback

Shares of chipmaker Advanced Micro Devices are rising by more than 4 percent today on word that the company expects to make between $150 million and $200 million on a sale-leaseback deal pending on its 58-acre campus in Austin, Texas. The move had been rumored earlier this month, and will alleviate a worsening shortage of cash.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus