After conducting a review of its business and analyzing "current organizational needs," Blizzard made the tough call to axe around 600 employees, the game developer and publisher announced this week. Only about 10 percent of those pink slips will be handed out to workers in departments related to game development, and of those roughly 60 workers, none of them will be from the World of Warcraft team.

Technology giants Intel and Micron hammered out revised agreements to expand their NAND Flash memory joint venture relationship, the two companies announced this week. As part of the agreements, Micron will buy back Intel's stake in two wafer fabrication plants for $600 million, half of which will be paid in cash and the rest deposited with Micron to be refunded or applied to Intel's future purchases.

Record enterprise solutions and services revenue of $18.6 billion for fiscal year 2011 ($4.9 billion the fourth quarter) played a big role in Dell reporting its "most successful financial year ever." Revenue for the full year topped $62 billion, representing a 1 percent year-over-year increase, with $16 billion pouring in during the final quarter, a 2 percent increase over the previous year. But it was Dell's outlook for the coming quarter that didn't sit well with investors, who collectively sent the company's shares down more than 4 percent.

It was over three years ago when Adata chairman Simon Chen frustratingly noted that 2008 was the worst year for DRAM in the past 15 years, and not much has changed since then. Memory chip makers have tried a number of different strategies since then, from consolidation to, more recently, choking supply in hopes of stopping free-falling prices. Now we're hearing DRAM production is about to kick up a notch.