Latest Computer hardware manufacturing News
This Week: Consumer confidence, Apple earns, new home sales
A look at some of the key business events and economic indicators upcoming this week: CONFIDENCE IMPROVING? A closely watched gauge of U.S. consumer confidence is due out Tuesday. Economists predict the Conference Board’s consumer confidence index rose to 90 in January. That would be up from 88.6 in...
Chipmaker Intel Corp. blames internal error on data leak
BOSTON (AP) — The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. It said its corporate network was not compromised. The company’s chief financial officer, George Davis, had earlier told The Financial...
SKorean court gives Samsung scion prison term over bribery
SEOUL, South Korea (AP) — Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president. In a...
Apple, utility each give $25M to Black college learning hub
ATLANTA (AP) — Apple and a major utility are each giving $25 million to launch a learning center and business incubator for students of historically Black colleges and universities, part of an outpouring of giving to such schools in the wake of the summer's protests over racial injustice. The Propel Center...
Intel replaces its chief executive after a rocky stretch
Intel is replacing its CEO after only two years in what had been a rough stretch for the chipmaker. Bob Swan, who became the company's chief executive in early 2019, will be replaced in mid-February by tech industry veteran Pat Gelsinger. The choice of Gelsinger, who started his career as an Intel engineer...
$9M to Louisiana State Univ. to help Army ready for flooding
BATON ROUGE, La. (AP) — The U.S. military has awarded Louisiana State University $9.3 million to help the military prepare to deal with climate-related problems such as flooding and rising seas, the university said in a news release. The money will be given out over the next four years and is part of a...
Semiconductor shortage forces automobile production cuts
DETROIT (AP) — A widening global shortage of semiconductors for auto parts is forcing major auto companies to halt or slow vehicle production just as they were recovering from pandemic-related factory shutdowns. Officials at Volkswagen, Ford, Fiat Chrysler, Toyota and Nissan all say they have been hit by...
UK watchdog investigates chip maker Nvidia's takeover of Arm
LONDON (AP) — British regulators are investigating graphics chip maker Nvidia's $40 billion purchase of chip designer Arm over concerns about its effect on competition. The Competition and Markets Authority said Wednesday it will look into the deal's effect on how Arm treats Nvidia's rivals. The watchdog...
From Zoom to Quibi, the tech winners and losers of 2020
We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020′s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while...
Volkswagen facing 'massive' shortage of electronic parts
FRANKFURT, Germany (AP) — Volkswagen said Thursday it was facing production slowdowns due to a “massive” supply bottleneck caused by a shortage of semiconductor components for car electronics as global automobile markets bounce back from the pandemic sales slump. The Wolfsburg-based carmaker...
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