Brian Krzanich named CEO of Intel as headwinds hit PC market

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After an exhaustive months-long search, Intel has its new CEO. And the chip maker didn’t have to go far to find Paul Otellini’s replacement. Today, Intel announced that COO Brian Krzanich will take over the top slot at the company’s annual shareholder meeting on May 16. The 52-year-old, who has worked at Intel since 1982, will… Read More…

Intel profit drops 17% on softening PC sales

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Last week, IDC issued a sobering report which indicated that PC shipments for the first quarter fell by 13.9 percent, despite the release of Microsoft’s new Windows 8 operating system in October. Now, here’s more sign of trouble in the PC market. Intel announced today that its net income fell by 17 percent during the… Read More…

Intel inks big Seattle lease: 50,000 sf at Union Station

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Intel is growing its presence in Seattle, taking over 50,000 square feet of space at the 705 Union Station building bordering Seattle’s Pioneer Square and International District neighborhoods Intel did not respond to comment, but we’re hearing that the new office marks a consolidation of other office space that the company had in the Seattle area,… Read More…

Dell exec to Steve Ballmer: Please rename Windows RT

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At least one person wasn’t happy with the way Microsoft was naming its new ARM tablet operating system. Dell vice-chairman Jeffrey Clarke spoke at a conference last week and told a story of how he urged Microsoft CEO Steve Ballmer earlier this year to rename Windows RT because it couldn’t run traditional Windows applications. Clarke… Read More…

Tech Moves: Motricity CEO leaves; Intel’s Otellini to retire; and more

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Struggling mobile software company Motricity has replaced interim CEO Jim Smith, handing the reins over to Richard Stalzer. Stalzer previously served as president of the company’s Mobile Media division. Meanwhile, chief financial officer Nathan Fong has added the responsibilities of chief operating officer and general counsel Richard Sadowsky has been named chief administrative officer. “After restructuring… Read More…

What bugs? Here comes Windows 8, ready or not

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First things first: No piece of software the size of Windows is without bugs. And in this era of regular online updates, even a significant bug isn’t as significant as it might have been. But comments allegedly made by Intel CEO Paul Otellini to employees are raising questions about Windows 8 as Microsoft prepares for… Read More…

Intel signals more rough times ahead for PC market

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The global market for personal computers has been stagnant for a while now, and Intel this morning delivered some bad news for Microsoft as the Redmond company looks ahead to the upcoming Windows 8 launch. Intel reduced its forecast for its third-quarter revenue, saying it expects the number to range from $12.9 billion to $13.5… Read More…

Paul Allen and Intel Capital bankroll Sand 9 to reduce dropped calls on cell phones

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Microsoft co-founder Paul Allen’s Vulcan Capital has joined with Intel Capital and other investors to bankroll Sand 9, a Cambridge, Massachusetts company working on technologies for micro-electromechanical systems or MEMS. The company says that its timing devices ensure synchronicity and stable operation in complex electronic devices such as smarthphones, tablet computers and communications infrastructure equipment. That… Read More…

AMD and ARM get cozy with security deal, industry group

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Chip maker AMD, holding its big software developer conference in Bellevue this week, announced a new partnership with ARM Holdings this morning that further aligns the behind-the-scenes technologies of the two companies. The partnership is viewed as an attempt to join forces against common rival Intel. Under the arrangement, AMD says it will develop a new… Read More…

Cray to sell hardware assets, shift employees to Intel

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Supercomputer giant Cray has announced it’s selling a hardware program and related intellectual property to Intel — and in the process, up to 74 Cray employees will join Intel and Cray will receive $140 million. Cray says that a definitive agreement has been reached to sell its interconnect hardware development program, technology which directs supercomputer… Read More…