Intel (INTC) Declares $0.30 Quarterly Dividend; 2.3% Yield

Uber names new privacy chief, data protection officer

July 18, 2018 2:07 PM EDT

(Reuters) - Uber Technologies Inc [UBER.UL] appointed Ruby Zefo as chief privacy officer and Simon Hania as data protection officer, a company spokeswoman told Reuters on Wednesday.

The ride-hailing company has had a rough history when it comes to protecting driver and passenger data, even while... More

Texas Instruments CEO resigns on code of conduct violation

July 17, 2018 5:05 PM EDT

By Stephen Nellis and Arjun Panchadar

(Reuters) - Texas Instruments Inc (NASDAQ: TXN) said on Tuesday that Brian Crutcher had resigned as the company's chief executive officer just six weeks into the role, after finding following a report that he had violated the chipmaker's code on personal behavior.

The company's shares fell as much as 2.5 percent in after-market trading even as Texas Instruments reported second-quarter earnings and sales that beat estimates.

Chairman Rich Templeton will reassume the roles of chief executive officer and president and the chipmaker is not searching... More

Micron Technology (MU) and Intel (INTC) to End Joint Development of 3D XPoint

July 17, 2018 6:18 AM EDT

After the close, Micron (Nasdaq: MU) and Intel (Nasdaq: INTC) announced an update to their 3D XPoint joint development partnership, which has resulted in the development of an entirely new class of non-volatile memory with dramatically lower latency and exponentially greater endurance than NAND memory.

The companies have agreed to complete joint development for the second generation of 3D XPoint technology, which is expected to occur in... More

Evercore ISI Downgrades Intel (INTC) to In Line

July 17, 2018 6:13 AM EDT

Evercore ISI downgraded Intel (NASDAQ: INTC) from Outperform to In Line with a price target of $54.00 (from $64.00).

For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.

Shares of Intel closed at $52.01 yesterday.

... More

U.S. ban on China’s ZTE forces telecoms to rethink business: sources

July 17, 2018 4:09 AM EDT

By Eric Auchard

LONDON (Reuters) - The U.S. trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industry sources told Reuters.

Disruptions at Russian and emerging markets mobile operator Veon, one of the worlds 10 largest mobile firms by number of customers, illustrate the effects of the U.S. ban, which lasted three months, ending when the U.S. Commerce Department lifted the order on Friday.

Veon was especially hard hit, suffering... More