Intel Corp is set to win EU approval next week for its $7.68 billion purchase of security software maker McAfee Inc after offering more concessions to ease antitrust concerns, two sources with direct knowledge of the matter said on Thursday.
Intel is expected to win EU approval next week for its $7.68 billion purchase of security specialist McAfee Inc after offering more concessions to ease competition concerns, two sources with direct knowledge of the matter said on Thursday.
HP is weighing options to take its bit of share in the tablet market with two upcoming tablets
Apple Inc smashed Wall Street's sales forecasts for the holiday quarter, the day after announcing its Chief Executive Steve Jobs would take leave for medical reasons.
Chinese President Hu Jintao and President Barack Obama will meet with U.S. and Chinese business leaders at the White House on Wednesday to discuss ways to expand trade and investment opportunities, with the U.S. executives seeking deals to tap into China's economic growth.
Rusnano will invest $700 million in British Plastic technology firm Plastic Logic to produce basic plastic computer components in Russia.
U.S. chipmaker Intel will invest $2.7 billion over the next two years upgrading its chip plant in southern Israel to produce 22 nanometer technology.
'Boardwalk' and 'Glee' were the winners this season
Intel Corp has reached a settlement with WiLAN Inc over lawsuits alleging the chipmaker infringed on a string of wireless and Internet patents, sending WiLAN's shares surging.
Technology licensing company WiLAN Inc said on Friday that chipmaker Intel had agreed to pay it to use patented technology, ending all litigation between the two companies.
Fears about Intel Corp's absence in tablets and smartphones are overshadowing the chipmaker's strong earnings and reinforcing the impression that the company no longer sets the direction of the tech industry.
Stocks rose modestly, boosted by strong corporate earnings from J.P. Morgan (NYSE: JPM) and Intel Corp. (Nasdaq: INTC), allowing the S&P 500 index to score its seventh consecutive week of gains.
Steve Ballmer mentioned it and Paul Otellini now addresses it: Windows OS without x86 and Intel.
Intel Corp doesn't look like the market bellwether it once was.
Intel Corp's strong quarterly report failed to lift its shares on Friday, as some investors, remembering the company's reversal of a bullish outlook a year ago, questioned its forecast.
Optimism about corporate earnings, bolstered by JPMorgan, lifted U.S. stocks on Friday and set the S&P 500 on the path for seven straight weeks of gains.
U.S. stocks were little changed on Friday following a mixed reaction to earnings from JPMorgan and Intel and a modest rise in retail sales, but the S&P remained on track to notch a seventh straight week of gains.
Shares in semiconductor companies jumped on Friday in Europe and Japan after strong earnings report from sector bellwether Intel, the world's largest chipmaker, defied a slowdown in PC sales.
US futures are set to open lower on Friday after a disappointing jobless claims data, which could weigh on sentiment.
U.S. stock index futures pointed to a flat to lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.02 percent and Nasdaq 100 futures up 0.04 percent at 5:11 a.m. ET.
Intel Corp is positive about growth in PC sales in emerging Asia, particularly in China and India, a top executive said on Friday, a day after the chip heavyweight posted market-beating revenue and margins for the fourth quarter.
Taiwan stocks opened up 0.11 percent on Friday, with semiconductors trading flat even though Intel Corp