Intel sells its NAND chip business to South Korea’s SK Hynix for $9 billion

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…

Princeton University Computer Science graduate’s bitcoin idea draws global investors attention

Read further on why investors including Bain Capital, Digital Currency Group and others are taking basecoin so seriously. U.S. investors, including the Digital Currency Group, have taken part in a pre-sale of basecoin, a crypto-currency which will be created by three Princeton University computer science graduates,Intangible Labs CEO and co-founder Nader Al-Naji. The other investors…