Intel
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Intel Invests In Qnovo’s Battery Boosting Tech
Qnovo, a Newark, California-based firm that’s been developing battery charging enhancement technology since 2010, is today announcing an $8.6 million Series B funding round, with Intel Capital joining as a strategic investor, alongside existing investors RockPort Capital, US Venture Partners and Blue Run Ventures. Read More
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Big Data Vendor BlueData Announces $20M Round And Intel Partnership
BlueData, a company that helps customers generate virtualized big data clusters, announced a $20 million Series C round and a partnership with Intel today. Intel Capital led the round. Also participating were Amplify Partners, Atlantic Bridge, Ignition Partners, as well as a strategic investor who chose to remain anonymous. As part of the deal, Doug Fisher, senior vice president of Intel… Read More
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Mirantis Announces Second Straight $100m Round And Intel Partnership
Last October, Mirantis, the pure-play OpenStack vendor announced a $100 million round. Just 10 months later, it’s back with an identical announcement. This time the investment is led by Intel Capital and includes a partnership with Intel to help accelerate OpenStack in the enterprise. Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures and… Read More
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Intel’s Baby Steps Toward A More Diverse Workforce
Earlier this year, Intel announced its $300 million commitment to foster a diverse and inclusive workplace. CEO Brian Krzanich set a goal that, by 2020, Intel’s U.S. workforce would be representative of the talent available. Today, the company released its mid-year diversity report, highlighting the progress it’s made toward that goal. Read More
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Intel Beats Expectations, Up 6% After Hours On Revenue Of $13.2 Billion
Today after the market closed, Intel Corporation (INTC) released its second quarter earnings report. The company reported revenue of $13.2 billion and earnings per-share of $0.55. The company’s revenue dropped five percent compared to the year-ago quarter, and its net income dropped by three percent over the same period. However, EPS was flat at 55 cents compared to the… Read More
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Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week
This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider that Avago Technologies Ltd. bought wireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in the works for months, but perhaps the… Read More
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The Rush To Find A Dance Partner Is Causing A Wearables Misstep
This morning at Baselworld, the world’s premiere luxury watch show, there was ample news about wearables. That’s a sign that wearable tech is coming of age in some ways, but this represents the awkward teen years, not the arrival of adulthood and maturity. The announcements at this event felt like when the music stops in a game of musical chairs, not like the culmination of a… Read More
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Intel Lowers Q1 Revenue Forecast By $900M To $12.8B Amid PC Sales Slump
The shift away from desktop PCs to smartphones and other smaller computing devices is having a big impact on a major player in the PC market. Chipmaker Intel today lowered its revenue expectations by $900 million for its Q1 earnings that will come out on April 14. It now says Q1 sales will be $12.8 billion, “plus or minus $300 million,” versus earlier guidance of $13.7… Read More
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Apple Expediting The Future Is No Betrayal
Apple’s new MacBook, which limits input and output to a single USB-C port and a simple 3.5mm audio in/out jack, has been characterized by some as a move that’s antagonistic to the consumer. Critics point to the single port, as well as the performance limitations inherent in using an Intel Core M chipset for power management and fanless logic board design, as causes for complaint,… Read More
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AWS Launches New C4 Instances For Compute-Intensive Applications On EC2
Late last year, at its re:Invent developer conference, Amazon announced that it would soon launch its fastest EC2 instances yet. Starting today, developers on AWS can spin up these new C4 instances to power their highly compute-intensive applications in Amazon’s cloud.
As Amazon notes, these new instances are designed for applications where CPU performance is critical. These include… Read More
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