Intel Corp. is asking about $500 million for OnCue, the online pay-TV service that the world’s largest chipmaker developed before dialing back its ambitions, according to people with knowledge of the process.
Intel Corp. Chief Executive Officer Paul Otellini told employees in Taiwan that Microsoft Corp.’s Windows 8 operating system is being released before it’s fully ready, a person who attended the company event said.
R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.
Seven publicly traded U.S. corporations represented on President Barack Obama ’s advisory council for jobs and competitiveness -- including General Electric Co. and Intel Corp. -- have devoted a growing pool of their non-U.S. earnings to investments in other countries.
Intel Corp. hired Spencer Stuart & Associates Ltd. to help find its next chief executive officer, people with knowledge of the matter said, a sign that the chipmaker is seriously considering external candidates.
Berkshire Hathaway Inc. locked in a gain on its Intel Corp. bet by selling its stake less than a year after making the investment, shunning the buy-and-hold strategy favored by Chairman Warren Buffett.