News - subcat

Intel ex-CEO sued over misleading disclosures
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Foundry Division issues

Intel’s former CEO Pat [kicking] Gelsinger and current co-CEO and CFO David Zinsner being sued by a shareholder accusing the executives of mismanagement and misleading disclosures related to the company’s Intel Foundry Services (IFS) division.

Arm loses in Qualcomm court case
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Wants a rematch

Arm has announced plans to pursue a retrial in its high-stakes licensing lawsuit against Qualcomm after a jury in a U.S. federal court delivered a mixed verdict on Friday. While the jury ruled in Qualcomm's favour on two of the three counts, it deadlocked on the question of whether Nuvia, a company acquired by Qualcomm, had breached its agreement with Arm.

Tsar Putin claims the evil west uses Google
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Very clever man, Mr Putin

The true nature of Google as an instrument of American imperialist manipulation has been unveiled by Comrade Vladimir Putin, who boldly condemned the corporation for its overt complicity in U.S. political games.

Accenture results exceed expectations
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Generative AI service boost

Accenture surpassed the cocane nose jobs of  Wall Street's expectations for first-quarter revenue and profit, buoyed by robust demand for its generative AI (GenAI) services.

US probes Nvidia over AI chip shipments to China
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Tightened export controls

The U.S. Department of Commerce has reportedly asked Nvidia to investigate how its products were acquired by buyers in China over the past year.