Intel news
Intel Acquires Internet of Things Startup Itseez
| Phenny Lynn Palec | | May 27, 2016 02:22 PM EDT |
Tech giant Intel has acquired Itseez, a computer vision and machine learning startup based in San Francisco. Intel plans to use the technologies created by Itseez to developer a better navigation system for autonomous or self-driving cars. The financial details of the acquisition have not been disclosed.
Intel Breaks Away From the PC Market
| Phenny Lynn Palec | | Apr 28, 2016 05:08 PM EDT |
Intel chief executive officer Brian Krzanich has declared that the chipmaker will no longer be a PC company anymore. While the revelation might shock some people, it did not surprise the tech community since Intel has already hinted about this change.
Intel to Cut 12,000 Jobs as PC Market Continues to Tumble
| Phenny Lynn Palec | | Apr 21, 2016 10:04 AM EDT |
The steady decline in demand for personal computers has affected Intel, the world's largest manufacturer of semiconductor, Intel. The chipmaker recently announced that it is laying off 12,000 employees. The figure represents about 11 percent of the company's total work force.
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