News That Matters

Tag: Intel

Former Intel boss Brian Krzanich to lead CDK Global

Former Intel boss Brian Krzanich to lead CDK Global

Technology
The former CEO of Intel is being named as the top executive at CDK Global, a company that provides technology to auto dealers. Brian Krzanich resigned from Intel in June after the company learned that he had carried on a consensual relationship with an employee. He had held the top job at the tech company for just over five years. He joined Intel Corp. in 1982 as an engineer. Companies have become more diligent about enforcing rules governing intercompany relationships in the #MeToo-era. Krzanich, 58, replaces Brian MacDonald at CDK Global, which has annual revenue of about $ 2 billion. Based outside of Chicago in Hoffman Estates, Illinois, CDK provides technology and marketing services to auto dealers in more than 100 countries. It serves about 30,000 retailers and most automotive manuf...
Intel CEO out after consensual relationship with employee

Intel CEO out after consensual relationship with employee

Technology
Intel CEO Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an employee. Intel said Thursday that the relationship was in violation of the company's non-fraternization policy, which applies to all managers. Spokesman William Moss said Intel has had the policy in place for "many years." He declined to comment further. Chief Financial Officer Robert Swan will take over as interim CEO immediately. A search for a new CEO is underway. Corporate America is under intense pressure to enforce workplace policies on gender equality and sexual harassment. Thanks largely to the #MeToo era, even relationships that appear consensual are closely scrutinized — and often prohibited by companies — if they involve a power imbalance such as t...
Intel underfoot: Floor sensors rise as retail data source

Intel underfoot: Floor sensors rise as retail data source

Technology
The next phase in data collection is right under your feet. Online clicks give retailers valuable insight into consumer behavior, but what can they learn from footsteps? It's a question Milwaukee-based startup Scanalytics is helping businesses explore with floor sensors that track people's movements. The sensors can also be used in office buildings to reduce energy costs and in nursing homes to determine when someone falls. But retailers make up the majority of Scanalytics' customers, highlighting one of several efforts brick-and-mortar stores are undertaking to better understand consumer habits and catch up with e-commerce giant Amazon. Physical stores have been at a disadvantage because they "don't have that granular level of understanding as to where users are entering, what they're do...
Major flaw in millions of Intel chips revealed

Major flaw in millions of Intel chips revealed

Technology
A serious flaw in the design of Intel's chips will require Microsoft, Linux and Apple to update operating systems for computers around the world.It is believed to affect chips in millions of computers from the last decade.The UK's National Cyber Security Centre (NCSC) said it was aware of the issue and that patches were being produced. In response, Intel said the issue was not limited to its processors and that it was working on a fix."Based on analysis to date, many types of computing devices - with many different vendors' processors and operating systems - are susceptible to these exploits," it said in a statement.It said it was working to "develop an industry-wide approach to resolve this issue promptly and constructively"."Intel has begun providing software and firmware updates to miti...
Does Intel Corp. Have a Chance of Winning Apple Inc. A-Series Business?

Does Intel Corp. Have a Chance of Winning Apple Inc. A-Series Business?

Finance
A little while back, I argued that Apple (NASDAQ: AAPL) made the right decision to bet on Taiwan Semiconductor Manufacturing Company (NYSE: TSM) for the manufacture of its A10 Fusion and A11 Bionic chips, rather than on chip maker Intel (NASDAQ: INTC) .Despite Intel's continued protestations that it has a significant technology leadership position against the rest of the industry, the truth is that the production ramps of its latest technologies have proven, to say the least, highly problematic.Image source: Intel.This is, perhaps, best illustrated by the continued delays in Intel's upcoming 10nm technology. In late 2013, Intel CEO Brian Krzanich told investors to expect 10nm to be production-ready by the end of 2015.Intel recently said it will b...