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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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald