WASHINGTON, D.C., UNITED STATES (FILE- FEBRUARY 8, 2017) (RESTRICTED POOL) – Intel CEO Brian Krzanich became the third CEO to resign, on Monday (August 14), from U.S. President Donald Trump’s American Manufacturing Council, following Trump’s initially tepid response to weekend violence at a rally of white supremacists in Charlottesville, Virginia.
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Fresh off the $15 billion sale of his autonomous vehicle technology firm Mobileye to Intel, Amnon Shashua’s next start-up, OrCam, uses similar computer vision technology to help the visually impaired. Laura Frykberg reports Continue reading
Reuters, (YouTube/Altera) – Let the chips fall where they may- and they all seem to be falling together.
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(Reuters Business Report) – Another huge chip deal nearing the finish line: The New York Post reports Intel is close to buying Altera for roughly $15 billion. It says the deal could come together by the end of next week. The semiconductor giant would pay about $54 a share, a 15 percent premium over Thursday’s closing price.
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Federal Judge expected to approve proposed multimillion dollar settlement in lawsuit that accuses tech giants of conspiring to keep salaries low.