The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.
The top after-market NASDAQ Stock Market gainers are: Dynavox, Sino Clean Energy, Quantum Fuel Systems Technologies Worldwide, Pacific Mercantile Bancorp, Toreador Resources, and VeriSign. The top after-market NASDAQ Stock Market losers are: Clearwire, Cisco Systems, Jazz Pharmaceuticals, Gulfport Energy, and Aeterna Zentaris.
Intel Corp said on Wednesday it plans to sell up to 10 million shares of wireless service provider Clearwire Corp to book certain tax benefits.
Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.
Nvidia Corp plans to buy Icera, a privately held cellphone chipmaker, for $367 million in cash, pitting it against Qualcomm Inc and Intel Corp in the booming smartphone chip market.
Nvidia looking to stay up to par with Intel and Qualcomm on mobility, acquires Icera for $367 million.
Analysts say Apple's love of consistency could play a factor into the company switching from Intel to ARM based chips for its PCs and laptops.
Apple plans to start planting ARM processors in laptops which would usher in a departure from Intel chips which currently power its MacBook Pros.
Intel's latest manufacturing breakthrough sends a clear warning to rival ARM Holdings not to get too complacent with its overwhelming lead in the red-hot mobile arena.
Analysts say Intel has its sights set on the mobile space and ARM Holdings.
The top pre-market NASDAQ Stock Market gainers are: Kendle International, ZST Digital Networks, Hansen Medical, JDS Uniphase, Cbeyond, and ON Semiconductor. The top pre-market NASDAQ Stock Market losers are: Smith Micro Software, Sierra Wireless, Atmel, Aixtron, Mercadolibre, and ARM Holdings.
Intel unveils a new transistor design, which it says will revolutionize the electronics industry.
Intel Corp on Wednesday took the wraps off next-generation technology that crams more transistors onto microchips, hoping it will help the chipmaker catch up in a red-hot tablet and smartphone market.
Intel Corp introduced a manufacturing process that crams more transistors onto silicon chips, a technology that will help it catch up in the red-hot tablet and smartphone market, the chipmaker said on Wednesday.
Apple Inc refreshed its lineup of iMac desktop computers with new Intel Corp processors that is says are up to 70 percent faster.
Apple announced an overhaul to the iMac with new features and a new processor.
Apple Inc refreshed its lineup of iMac desktop computers with new Intel Corp processors that is says are up to 70 percent faster.
Infineon's decision to exit the wireless business to focus on chips for cars and energy-efficient machines has paid off, as strong second-quarter results let the German chipmaker raise its full-year outlook.
Germany's Infineon raised its outlook for the full year after a strong second quarter and thanks to high order levels but cautioned that Japan remained a potential risk to supplies and production.
Both Microsoft and Research In Motion took stock hits on Friday after bad news about their flagship products.
Jefferies & Co. said Nokia Corp.'s (NYSE: NOK) results threw out no worse news than it had expected but it maintained underperform thesis nonetheless.
Big earnings surprises gave a positive turn to investor sentiment on Wednesday, propelling U.S. stocks to their best day in a month and lifting the Dow industrials to their highest in almost three years.
