Noel's Feed
Jun 13, 2014

Intel raises outlook on stronger PC demand

SAN FRANCISCO (Reuters) – Chipmaker Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) on Thursday raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.

Shares of Intel jumped more than 4 percent in extended trade as the chipmaker’s improved forecast lifted hopes for a PC industry that been shrinking due to consumers’ preferences for tablets and smartphones.

Jun 12, 2014

Intel raises outlook on stronger PC demand, shares jump

SAN FRANCISCO (Reuters) – Chipmaker Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) on Thursday raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.

Shares of Intel jumped more than 4 percent in extended trade as the chipmaker’s improved forecast lifted hopes for a PC industry that been shrinking due to consumers’ preferences for tablets and smartphones.

Jun 10, 2014

Oracle’s Ellison debuts technology for faster databases

REDWOOD CITY, California, June 10 (Reuters) – Oracle Corp
Chief Executive Larry Ellison on Tuesday launched
“in-memory” technology for speeding up data analysis in a bid to
beef up demand for his company’s software products.

The in-memory features, which Oracle has been talking about
for months, allow for faster database queries and transactions
as companies collect, store and analyze growing amounts of
information across the Internet.

Jun 3, 2014

America’s Cup to use smaller catamarans, nationality rule

SAN FRANCISCO (Reuters) – The America’s Cup in 2017 will be held with a smaller version of the catamarans used in last year’s regatta in San Francisco Bay and will include new crew nationality minimums, according to protocols released on Tuesday.

Owned by software billionaire Larry Ellison, Oracle Team USA beat Emirates Team New Zealand last year and as defender negotiated the rules for the next Cup with Team Australia’s Hamilton Island Yacht Club, the Challenger of Record.

Jun 3, 2014

Intel VP among six Mt. Rainier climbers missing and presumed dead

SAN FRANCISCO (Reuters) – An Intel vice president is among six climbers missing and presumed dead in the worst accident in three decades on Washington’s Mount Rainier, the company said on Monday as search efforts for the group were scaled back.

The Santa Clara, California-based chipmaker said Vice President Uday Marty had been among the climbers who likely fell about 3,300 feet (1,000 meters) from the north face of the mountain while they were ascending last week, caught in an avalanche of snow, rock and other debris.

May 30, 2014

Exclusive – Intel TV creator Huggers leaves Verizon months after deal

SAN FRANCISCO/NEW YORK (Reuters) – Erik Huggers is leaving Verizon Communications Inc just five months after joining the company via the acquisition of the Intel Corp “OnCue” streaming service he developed, signaling the communications giant’s waning interest in providing an Internet-delivered TV service.

The former BBC executive, who told Reuters on Friday he is departing the company, had worked on OnCue for Intel for more than two years before Verizon bought it in January to accelerate a push into video services, including TV channels delivered over the Internet, known as an “over the top”, or OTT, service.

May 30, 2014

Exclusive: Intel TV creator leaves Verizon months after deal

SAN FRANCISCO/NEW YORK (Reuters) – Erik Huggers is leaving Verizon Communications Inc (VZ.N: Quote, Profile, Research, Stock Buzz) just five months after joining the company via the acquisition of the Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) “OnCue” streaming service he developed, signaling the communications giant’s waning interest in providing an Internet-delivered TV service.

The former BBC executive, who told Reuters on Friday he is departing the company, had worked on OnCue for Intel for more than two years before Verizon bought it in January to accelerate a push into video services, including TV channels delivered over the Internet, known as an “over the top”, or OTT, service.

May 29, 2014

Intel: new tablets a big step toward reaching aggressive target

SAN FRANCISCO (Reuters) – New Intel-based tablets from major brands will start hitting store shelves in June, and senior executives at the chipmaker hope the offerings will move it closer to an aggressive sales goal.

Far behind rival Qualcomm (QCOM.O: Quote, Profile, Research, Stock Buzz) in mobile devices, the upcoming tablets are the result of Intel Corp’s (INTC.O: Quote, Profile, Research, Stock Buzz) strategy to sell chips this year at a loss in a bid to stake out badly needed market share. Intel is betting that in the future, its customers will keep using Intel chips without the discounts.

May 28, 2014

Intel readies 3D-printed robots for handy consumers

RANCHO PALOS VERDE, California, May 28 (Reuters) – Intel
Corp introduced a walking, talking robot on Wednesday
made from 3D-printed parts that will be available to consumers
later this year, if they are willing to assemble it with a kit
that costs around $1,600.

The company’s Chief Executive Brian Krzanich was accompanied
by “Jimmy” on stage at the Code Conference in Rancho Palos
Verdes, California. The white 2-foot tall robot shuffled onto
the stage, introduced itself and then waved its arms.

May 27, 2014

Intel to make tablet chips with China’s Rockchip

SAN FRANCISCO, May 27 (Reuters) – Intel Corp said
on Tuesday it reached an agreement with Chinese mobile chipmaker
Rockchip to make chips for inexpensive tablets running Google
Inc’s Android platform.

The deal teams Intel up with a chipmaker specializing in
low-end mobile devices that often cost less than $100 and are
popular in China and other fast-growing markets. This represents
a major move for the Santa Clara, California company that has
struggled to gain traction in smartphones and tablets.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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