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’Federal Trade Commission accuses Intel of not playing well with others [UPDATED]
Intel has had something of a rough 2009.
In November, New York attorney general Andrew Cuomo accused the chipmaker of “violating state and federal anti-monopoly laws by engaging in a worldwide, systematic campaign of illegal conduct”.
Intel settles antitrust AMD case
Intel sought to quell rising complaints over its business practices as it agreed on Thursday to pay $1.25bn to settle a private antitrust lawsuit from rival chipmaker Advanced Micro Devices, ending one of the longest disagreements in US business.
CDS report: Investors’ risk appetite on the wane
Gavan Nolan of Markit wrote this CDS report
European credit indices widened today as the appetite for risky assets showed tentative signs of waning. The Markit iTraxx Europe index widened 1bp to 84bp,
AMD and Intel kiss and make-up
FT Alphaville did not see this coming: AMD and Intel on Thursday declared the end of one of the longest-running and bitterest spats in the technology sector (see also: Apple v Microsoft, Yahoo v Google,
AMD chief quits amid Galleon case
Hector Ruiz, chairman of Globalfoundries, the chipmaker, has become the highest-profile executive to step down in the aftermath of the Galleon insider trading allegations. The former CEO of Advanced Micro Devices is taking immediate voluntary leave,
Former AMD chairman reportedly linked to Galleon probe
The executive at Advanced Micro Devices who alleged shared information with a defendant in the Galleon insider dealing case was the group’s former chairman, Hector Ruiz, according to the Wall Street Journal.
Abu Dhabi’s Mubadala poised for AMD stake
Abu Dhabi is set to take a 9% stake in Advanced Micro Devices, the US chipmaker whose work includes government contracts, a deal that underlines the growing purchasing power of sovereign wealth funds. The acquisition will cost Mubadala Development about $700m,