Noon News: Acer Bets On Ultrabooks, Sony Ericsson Xperia Neo V, Rory Read Joins AMD as CEO

Computer maker Acer seems to have bet its future on Intel backed Ultrabooks, calling tablet devices a ‘fad’. Manufacturers are tired of competing with Apple in the tablet market, it seems, and are leaning towards sleek looking Ultrabooks, which will come with a long battery life.

A new series of tests backed by the US based multinational tech giant IBM has shown how the residential use of smart grid can eventually lead up to a drastic cut in energy consumption. The initiative taken by IBM in collaboration with Alliant Energy and the city of Dubuque, Iowa saw smart meters being installed in 1000 households from the region, which they could use to check real time, detailed energy data.

Mobile phone giant Sony Ericsson has added another edition in its Xperia family line of sleek handsets, the company confirmed. The new handset dubbed Xperia Neo V follows the previous offering in this product line- Xperia Neo phone, which earned a fair bit of reputation in the market by virtue of the stylish design and high end specs and features.

Chipmaker AMD has announced that Rory P. Read from Lenovo is joining the company as its new president and chief executive officer. The company also stated that the new recruitment, to be effective immediately, will see Mr. Read joining the board of directors as well. Read has already earned a fair bit of reputation in the industry with his leadership skills in other major companies such as Lenovo Group and IBM.

According to the market research outfit Gartner Inc.’s new report, the worldwide server market revenues underwent a rather impressive growth of near about 18 percent. The report also highlights the fact that the 20 percent industry-wide growth in revenue despite just 8 percent increase in the shipment-figure is nothing else but the inevitable outcome of a rising ASP (average selling price) for servers.