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Intel Pays AMD $1.25 Billion, Following That $1.5 Billion Fine

Update: Intel has now updated its Fourth-quarter financial expectations:

NY AG Hits Intel With Antitrust Suit

New York Attorney General Andrew Cuomo filed a federal antitrust lawsuit Wednesday, against Intel, the world's largest maker of computer chips. The suit says Intel violated state and federal anti-monopoly laws by engaging in a global campaign of illegal conduct revealed in emails, in order to maintain its monopoly power and prices in the market for chips.

Intel Launches Facebook App For Research

Intel has launched a Facebook application that allows people to donate their PC's unused processor power to research diseases and study climate change.

Intel Apparently A Google Chrome OS Partner, Too

Yesterday, we reported that nine companies had partnered with Google to help develop Google Chrome OS.  This article may be a little short on names by comparison, but it seems important to note that Intel, the chipmaker with a market cap of about $90 billion, is also on the team. 

Facebook Calls Out Intel, AMD

Facebook has more than 200 million active users, and as you might imagine, keeping all of their information available (never mind the stuff pertaining to less involved people) requires some serious hardware.  Yet according to the company's vice president of technical operations, certain manufacturers are falling short of the mark.

Intel Invests $884 Million in Mobile

Intel has announced today that it is acquiring software-maker Wind River Systems for $884 million. Wind River makes embedded devices. Embedded systems and mobile devices include smart phones, mobile Internet devices, other consumer electronics (CE) devices, in-car "info-tainment" systems and other automotive areas, networking equipment, aerospace and defense, energy and thousands of other devices.

Intel Says It Has Plenty Of Cash Flow

Intel said today that the record $1.45 billion fine imposed on it by the European Commission for violating antitrust rules, will not force it to reduce investment or cut its dividend. "There's still plenty of cash flow from operations to invest in our business, pay the fine and pay the dividend," Chief Financial Officer Stacy Smith said at an analyst event in London on Wednesday. "As we've said in the Q1 earnings call, we are not having any conversations about cutting the dividend."

EU Fines Intel A Record $1.45 Billion

The European Commission has imposed a record fine against Intel Corp of $1.45 billion (1.06 billion euros) for violating antitrust rules and other practices used to exclude competitor AMD from the computer chip market.

European Commission Set To Rule Against Intel

The European Commission is set to make Wednesday a fairly important day in Intel's corporate life, according to multiple reports.  Unfortunately for the chipmaker, Wednesday will be important in a very negative sense, as it's liable to face a huge fine and be forced to change some business practices.

Intel Gets Behind Facebook Developer Garages

Take it from a car guy: the people who are willing to spend time with you in a garage are some of the finest individuals you'll ever know.  And so it seems Facebook has a new BFF, as Intel will sponsor some Facebook Developer Garages this year.