Futures flat on France downgrade. U.S. equity futures were flat in pre-market trading following the Moody's downgrade of France to Aa1 from Aaa, or one notch. Moody's also left the rating on negative watch, citing a worsening growth outlook for Europe's second largest economy. Moody's is the...
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Intel (NASDAQ: INTC) has announced that its Chief Executive Officer, Paul Otellini, will retire in May. The board of directors is currently in the process of choosing Otellini's successor. Both internal and external candidates are being considered. "I've been privileged to lead one of the world's...
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According to a Bloomberg article, Intel CEO Paul Otellini, "told employees in Taiwan that Microsoft's Windows 8 operating system is being released before its fully ready." Bloomberg cited a person who attended the company event for the report. At an Intel (NASDAQ: INTC) company meeting in Taipei,...
Read More >>Intel (NASDAQ: INTC) CEO Paul Otellini is ready to take on Apple's (NASDAQ: AAPL) MacBook Air with a stronger onslaught of competitors in the coming months and years. According to The Verge, the company is expecting 140 different Ivy Bridge Ultrabook designs -- 30 more than the company had...
Read More >>Paul Otellini told the audience at the Consumer Electronics Show today that Intel's (NASDAQ: INTC) new chip, code named, "Sandy Bridge," will generate an additional $125 billion in PC sales this year. The chip is popular because it combines the power of a processing chip and a stand-alone graphics...
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Microsoft’s (NASDAQ: MSFT) new version of its operating system Windows 7 is to be launched on Thursday. This has raised the hopes of PC and chip manufacturers who think that consumers and businesses will opt for massive upgrading of their current systems. Intel (NASDAQ: INTC) CEO Paul Otellini is...
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