Valve targets high school students with Pipeline campaign
Valve has debuted an interesting new experiment known as Pipeline, a program focusing on preparing high school students for a career in video game design. Created by high school interns at Valve for their peers, The Pipeline website as it stands is more like a repository of questions and answers for those looking to jumpstart a career in the game industry, but Valve is looking to expand further.
Stronger than expected demand for microprocessors has prompted Intel to raise its Q3 forecast from $8.1 billion to $9.2 billion, and the good news is they aren’t the only ones predicting better times ahead. Both HP and Dell are forecasting Q3 revenues to rise, though this news comes hot on the heels of disappointing year to date earnings.
On Thursday, Dell reported a 23 percent drop in Q2 profit, but still managed to beat the street estimates. CEO Michael Dell claims, “if current demand trends continue, we expect revenue for the second half of the year to be stronger than the first half”.Rival Hewlett-Packard reported a similarly depressing drop in profit of 19 percent for the first half of the year, but is also expecting the trend to reverse itself soon.
The PC Industry is expected to benefit from the economic stimulus package in China, as well as what appears to be the start of an economic recovery in the U.S. Windows 7 is also expected to help move PCs in the consumer sector, but businesses will likely put off upgrading for at least a year or more.
Many financial savants grabbed their crystal balls and went into hiding when the economy went into freefall. Now that there are signs of recovery, they are again gazing into their crystal balls with renewed hope. According to many of them, including IMF’s chief economist Olivier Blanchard, the recession is behind us.
Tech honchos now believe that the IT industry would lead the recovery. According to a survey conducted by KPMG, two thirds of the 130 CEOs that were surveyed believe the IT industry would recover quicker than the US economy. Furthermore, a vast majority of CEOs feel 2010 would bring glad tidings for their industry. One can expect lesser job cuts in the near future as more than two thirds of tech bosses are not too keen on cost cutting.