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Posts Tagged ‘intel corp’

In asset shift, Temasek checks out tech sector

Singapore state investor Temasek, which manages assets of more than US$120 billion ($167.2 billion), may be looking to snap up stakes in technology companies, joining other big institutional investors in turning bullish on the sector’s improving outlook.

The possible shift comes as expectations of strong Asian demand and a rebound in corporate spending have boosted shares in global tech firms, including driving up Intel Corp (INTC.O) by 4% to their highest in more than a year.

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EU Missed Evidence in Intel Antitrust Case, Wall Street Journal Says

An EU official will tell antitrust regulators that they failed to consider potentially exculpatory evidence in a ruling against chip maker Intel, the Wall Street Journal reports.
– SAN FRANCISCO, Aug 7 (Reuters) A European
Union official will tell antitrust regulators that they failed to consider quot;potentially
exculpatory quot; evidence in a ruling against chip maker Intel Corp,
the Wall Street Journal reported on Friday.
The European Commission in May ruled that Intel…



Intel Predicts Major Shift in Netbook Market

Intel, which helped create the market for low-cost notebooks or netbooks with its Atom processors, is seeing a shift in the types of people interested in buying these types of laptops. Intel executives say they believe people are buying netbooks as secondary computing devices or as notebooks for schoolchildren.
– SAN FRANCISCO (Reuters) Intel Corp said on Wednesday it no longer
expects netbooks to appeal to first-time computer buyers, but sees
continued sales of the ultra-portable laptops as a secondary machine or
a durable option for kids.
quot;I don’t think first-time buyers are going to buy netbooks,…


Microsoft profit down 29 pct

SEATTLE (AP) — There isn’t much Microsoft Corp. can do to avoid what is shaping up to be a tough rest of 2009.
The same grim conditions that plagued the world’s largest software maker in the first six months of the calendar year – weak computer sales, frozen corporate technology budgets – may not get worse [...]