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Latest Intel Corp. Stories

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2010-04-14 10:45:00

Intel Corp., the largest computer chip manufacturer in the world, has posted a record first quarter net income of 2.4 billion--nearly quadrupling sales figures during the same period in 2009. After managing just $629 million in net income last year, the Santa Clara, California, technologies developer posted $10.3 billion in revenue through March 27--a 44-percent increase and a full billion dollars more than the company had projected during the quarter. As a result, Intel has increased 2010...

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2010-04-08 10:00:00

By reading MRI scans, new software developed by Intel Corp. researchers has been able to correctly discern two words that a person has been thinking about nine out of 10 times, according to an Associated Press (AP) report published Thursday. According to AP writer Samantha Gross, "The software analyzes functional MRI scans to determine what parts of a person's brain is being activated as he or she thinks"¦ Eventually, the technology could help the severely physically disabled to...

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2010-02-24 06:20:00

Intel Corp said it was attacked by hackers back in January around the same time that Google was attacked by Chinese hackers, but do not believe the two events were linked. Intel spokesman Chuck Mullov told Reuters the "only connection is timing," but declined to elaborate. Intel first mentioned the attack and pointed out the similarity in timing when Google filed its annual report with the US Securities and Exchange Commission. Mullov added that Intel is regularly threatened by hackers...

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2009-12-16 13:36:55

The U.S. government filed suit against Intel Corp on Wednesday after accusing the world's biggest computer chipmaker of illegally using its market dominance to stifle competition over the last ten years, Reuters reported. The Federal Trade Commission (FTC) alleged that for a decade now Intel has waged a systematic campaign to shut out competing microchips produced by rivals by cutting off their access to the marketplace. Richard Feinstein, director of the FTC's Bureau of Competition, said...

2009-12-16 08:11:00

FTC Charges Anticompetitive Tactics Have Stifled Innovation and Harmed Consumers WASHINGTON, Dec. 16 /PRNewswire-USNewswire/ -- The Federal Trade Commission today sued Intel Corp., the world's leading computer chip maker, charging that the company has illegally used its dominant market position for a decade to stifle competition and strengthen its monopoly. In its complaint, the FTC alleges that Intel has waged a systematic campaign to shut out rivals' competing microchips by cutting off...

2009-11-19 15:17:00

WASHINGTON, Nov. 19 /PRNewswire/ -- Advanced Micro Devices, Inc., and Intel, Corp., ended litigation over alleged anticompetitive practices in the microprocessor industry by agreeing to a settlement that includes restrictions on certain business practices and a $1.25 billion payout to AMD. The settlement amount is one of the largest in the history of Section 2 litigation. Bates White experts provided extensive analysis throughout the case. (Logo:...

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2009-11-12 14:45:00

Intel Corp. agreed Thursday to pay rival Advanced Micro Devices Inc. (AMD) $1.25 billion to settle a series of long-standing legal disputes between the two companies over antitrust and patent issues. The settlement ends the legal battle between the two firms over Intel's sales tactics, a clash that led to antitrust charges against Intel in several countries and a costly and malevolent trial next year.  But Intel is not entirely off the hook with the settlement, and still faces...

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2009-11-05 06:20:00

New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel Corp. on Wednesday, accusing the world's largest chipmaker of threatening computer firms and paying billions in kickbacks to protect its market dominance. "Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market," said Cuomo in a statement. "Intel's actions not only unfairly restricted potential competitors, but also hurt average consumers who were robbed of better...

2009-10-26 07:00:00

SAN JOSE, Calif., Oct. 26 /PRNewswire-FirstCall/ -- Oclaro (Nasdaq: OCLR), a leading supplier of optical components and modules for communications, industrial and consumer applications, today announced the availability of a new VCSEL laser for the rapidly-developing Intel Light Peak technology market, designed to leverage optical technology to connect electronic devices such as peripherals, workstations, displays, disk drives and docking stations. Intel's Light Peak technology is...

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2009-09-23 06:00:53

A swift turnaround in the global PC market may help the sector exceed expectations this year, said Intel Corp. CEO Paul Otellini at the Intel Developers' Forum conference on Tuesday. Otellini's remarks were more bullish than those of many analysts. Indeed, the AP cited market research firms IDC and Gartner as having both predicted a year-over-year fall in PC shipments in 2009. Should that occur, it would be the first such drop since 2001. Declining corporate spending has been a drag on the...