The Federal Trade Commission announced Wednesday that it has sued Intel Corp., the world's largest chip maker, alleging it has “used its dominant market position for a decade to stifle competition and strengthen its monopoly.”
The U.S. government accused Intel Corp of illegally using its market dominance to stifle competition, in a lawsuit that seeks to stop the marketing practices that have helped maintain Intel's status as the world's biggest chip maker.
The U.S. government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.
The U.S. government filed suit against Intel Corp on Wednesday, accusing the chip giant of illegally using its market dominance to stifle competition for a decade.
The U.S. government filed suit against Intel Corp on Wednesday, accusing the chip giant of illegally using its market dominance to stifle competition for a decade.
The Federal Trade Commission announced Wednesday that it has sued Intel Corp., the world's largest chip maker, alleging it has “used its dominant market position for a decade to stifle competition and strengthen its monopoly.”
The government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.
Intel Corp has scrapped plans to launch an advanced graphics chip based on its novel Larrabee design, after concluding that delays in the project would make it uncompetitive, a spokesman said on Sunday.
Federal investigators suspected a decade ago that Galleon Group hedge fund founder Raj Rajaratnam was trading on inside information but were unable to prove he was breaking the law.
Federal prosecutors investigated Galleon Group hedge fund founder Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud, the Wall Street Journal reported, citing legal filings.
Japan's NEC Electronics Corp gained approval from European Union competition regulators on Wednesday to merge with peer Renesas Technology Corp, creating the world's No. 3 semiconductor maker.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association said.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
Best Buy is offering this Black Friday what it calls, the first-ever, value priced HP laptop. In a very aggressive bid to lure more customers to its store, Best Buy announced low $197 price tag for a Hewlett-Packard laptop running Windows 7 Home Premium (64-bit). The HP comes with a 15.6-inch screen and an Intel Celeron 900 processor.
Galleon Group hedge fund founder Raj Rajaratnam, accused in one of the biggest insider trading cases ever, on Tuesday gave a detailed denial of the charges and said government wiretaps violated his constitutional rights.
U.S. stocks slid on Thursday as another batch of economic data pointed to the fragility of the recovery and a brokerage's dim view on the semiconductor sector hit technology shares.
Technology stocks drove a broad-based U.S. sell-off on Thursday as a brokerage took a dim view of demand prospects for the semiconductor sector, while economic data underscored the fragility of the recovery.
Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, although two of Europe's top chipmakers were upbeat about recovery prospects.
Semiconductor stocks fell sharply after BofA Merrill Lynch turned bearish on the industry and downgraded several chipmakers, including Intel Corp , citing a modest rise in inventories.
Technology and basic materials shares led Wall Street's broad decline on Thursday, as bearish analyst comments on the semiconductor sector and a stronger U.S. dollar dented recent gains.
U.S. stocks fell on Thursday, with all major indexes down more than 1 percent on weakness in the technology and health insurance sectors.
