In a significant development, Intel Corp has agreed to sell its NAND memory chip business to South Korea’s SK Hynix Inc for $9 billion. The all-cash deal will propel the South Korean chipmaker to the second spot in global rankings. The development marks Intel’s efforts to divest its non-core businesse and move away from the volatile commodity…
The ruling will enable the U.S. Commodity Futures Trading Commission (CFTC) to regulate cryptocurrencies and make make fraudsters more accountable for their actions. In a landmark ruling, U.S. federal judge Jack Weinstein ruled that virtual currencies, including bitcoins, can be regulated as commodities by the U.S. Commodity Futures Trading Commission (CFTC). The ruling allows the…
With an estimated market value of $14.4 billion for 2017’s third quarter, here is how the cloud computing is making a difference and becoming a phenomenon that is driving business growth. With the majority of big U.S. tech companies, including Alphabet’s Google, Amazon, Microsoft and Intel, sinking in big money in the cloud computing business,…
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