The European Commission fined Intel Corp a record 1.06 billion euros ($1.45 billion) on Wednesday and ordered it to halt illegal rebates and other practices it used to squeeze out its rival, AMD.
Stock index futures fell about 1 percent on Wednesday as investors waited for key retail sales data for an indication of the mood of the U.S. consumer.
Stock index futures pointed to a slightly lower open on Wednesday as investors waited for key retail sales data for an indication of the mood of the U.S. consumer.
The European Commission imposed a record 1.06 billion euros ($1.45 billion) fine on chipmaker Intel Corp on Wednesday and ordered it halt illegal rebates and other practices to squeeze out rival AMD.
The European Commission imposed a record 1.06 billion euros ($1.45 billion) fine on chipmaker Intel Corp on Wednesday and ordered it halt illegal rebates and other practices to squeeze out rival AMD.
Stock index futures pointed to a mixed open on Wall Street on Wednesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures flat and Nasdaq 100 futures down 0.1 percent at 4:40 a.m. EDT.
Intel Corp's orders and billing patterns so far in the second quarter have been slightly better than expected, the chief executive of the world's largest chip maker said on Tuesday.
Intel chief executive Paul Otellini said on Tuesday that the firm’s order and billing patterns in the current quarter are doing better than expected.
Intel Corp's orders and billing patterns so far in the second quarter have been slightly better than expected, Chief Executive Paul Otellini said on Tuesday.
The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to squelch competition.
The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to squelch competition.
EU antitrust regulators are expected to say this week that Intel Corp illegally paid computer makers to postpone or cancel the launch of products containing chips made by its main rival, sources familiar with the case said on Sunday.
BRUSSELS, May 7 - The European Commission is set to rule next week that the world's largest chipmaker, Intel Corp (INTC.O), breached antitrust rules and will fine it and order changes to how it provides rebates, sources said on Thursday.
Advanced Micro Devices Inc merged its microprocessor and graphics chip businesses on Wednesday, its latest effort to adjust its structure and claw back market share lost to larger rival Intel Corp.
NEW YORK (Reuters) - Broadcom Corp's (BRCM.O) $764 million bid for Emulex Corp (ELX.N) turned hostile on Tuesday as the chipmaker took its offer directly to Emulex shareholders at the same price that the company had rejected.
U.S. trade regulators are examining links between Apple Inc. and Google Inc. as the two tech giants share some board members.
Intel Corp. is the U.S. largest single purchaser of green power with more than 1 billion kilowatt-hours of green power annually, the Environmental and Protection Agency said on Tuesday.
A solid crop of earnings reports from the leading lights of technology suggests the sector is proving adept at cost cuts and more resilient to the economic meltdown than previously thought.
The European Commission, taking a major step toward fining and imposing sanctions on Intel Corp for violating antitrust law, has sent a draft decision ruling against the chip maker to EU member states, a source familiar with the situation said on Wednesday.
U.S. chip maker Advanced Micro Devices Inc on Tuesday reported a quarterly loss as it grapples with a dip in computer sales and warned it may be too early to say the technology market has hit bottom.
Investors are looking to Microsoft Corp's earnings report on Thursday for a sign that the worst may be over for the economy and that the recent surge in technology stocks is not pure froth.
The U.S. tech sector's road to recovery may take a bit longer than expected, if mixed results reports from two of the largest players are a guide.