This is quite possibly the coolest laptop ever. it folds into 3 pieces for easy storage and maximum mobility.

We just want to see it running. More videos as they become available.

PHILADELPHIA (Reuters) — – Advanced Micro Devices, the No. 2 supplier of computer processors, is close to a deal to buy graphics chip maker ATI for $5.5 billion, a source familiar with the situation said on Friday.

Any such deal would shake up the processor industry, which is witnessing a battle over market share between AMD and larger rival Intel (Charts).

ATI (Charts) is one of two major graphics chips makers, along with rival Nvidia (Charts), and is a big supplier of chipsets – the cluster of secondary chips and interfaces that surround a computer’s processor – to both AMD and Intel.

Unless talks break down, a deal could be announced as early as Monday, the source said.ATI declined to comment, and an AMD spokesman could not be immediately reached for comment.

Shares of ATI rallied on Friday on renewed speculation that a deal was close at hand.

After gaining 83 cents, or 5.3 percent, to close at $16.56 on the Nasdaq market in regular trade, the shares jumped another 7 percent to $17.68 in after-hours trading on Inet. On the Toronto Stock Exchange, the stock finished 99 Canadian cents higher at C$18.77.

Rumors that AMD could purchase the Canadian graphics chip maker surfaced in late May when an analyst suggested the move could make AMD more competitive with Intel. The speculation sent ATI shares surging about 10 percent.

Some analysts have questioned the rationale for an AMD-ATI merger, and others were surprised that the speculation received no attention from analysts during AMD’s earnings conference call on Thursday.

AMD shares closed at $18.26, down $3.39, or 15.7 percent, on the New York Stock Exchange as investors worried that the company would not be able to continue grabbing market share from Intel.

Pictures of the flaming laptop were published this week on the tech site The Inquirer. The computer was on a table and no one was hurt.

A spokesman for the Round Rock, Texas, computer maker confirmed that the computer was bought from Dell, but declined to give any further details.

“We’re aware of it, and we’re digging into the details,” the spokesman said. “There’s an investigation going on right now. When something like this happens, we want to know why.”

The Inquirer, which is published by VNU Business Publications, quoted an eyewitness who said the computer produced “several explosions for more than five minutes.” The fire was put out with fire extinguishers.

Defective notebook batteries are known to have the potential of overheating and even bursting into flames.

The anti-phishing feature is great but I have heard rumors that google can now track you through Firefox and I dont want to be tracked!!!

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