Computer

Carl Icahn Commences Litigation Against Dell Technologies

Billionaire activist investor Carl Icahn sued Dell Technologies, claiming the company has refused to provide basic information about its proposed plan to return to public markets by buying up shares of DVMT. The complaint filed Wednesday in Delaware Chancery court seeks judge’s order requiring Dell to allow Icahn to inspect and copy its books and records. Icahn also […]

Computer

AMD Revenue Forecast Disappoints as Crypto Demand Subsides

Advanced Micro Devices on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent. AMD shares, which have more than doubled this year, were trading at $17.84 (roughly  Rs.1,300) after the bell. AMD and Nvidia, its main rival […]

Computer

Intel Discloses New ‘Foreshadow’ Chip Security Flaw

Researchers have discovered a new security flaw that could let hackers pry information from supposedly secure virtual vaults in Intel chips, the company warned on Tuesday. Intel said software updates are already available and it did not appear anyone had taken advantage of the “Foreshadow” vulnerability, which has been likened to troubling “Meltdown” and “Spectre” flaws exposed […]