Chipmaker Intel has reported third-quarter net profit of $3bn (€2.14bn) for the third quarter, with revenue exceeding $11bn for the first time, up 18% year-on-year.

INTEL Corp has agreed to buy McAfee for $7.68 billion (€5.96bn), its largest acquisition, adding security software to its chipmaking arsenal.

Chip maker Intel is buying computer-security software maker McAfee for $7.68bn (€6bn) it announced today.

GOOGLE believes it has come up with the technology to unite web surfing with channel surfing on televisions.

Global chip-maker Intel last night reported better-than-expected results for the second quarter to the end of June in what will be seen as a positive signal for the PC industry and the prospects of global recovery.

American computer chip giant Intel slammed the European Commission today after being served with a record €1.06bn fine for breaching EU rules on fair competition.

THE world’s largest computer-chip maker, Intel, last night said third-quarter profit fell 35% amid price cuts and market share losses.

Intel confirmed tonight that it would cut 10,500 jobs worldwide, but it is believed the move will have a minimal effect on the thousands employed at the computer chip company’s Leixlip and Shannon plants.

One of the Ireland's biggest employers looks set to shed 10,000 employees worldwide.

Intel Corporation has reported a rise in profits amid strong demand for chips used in laptop computers.

CHIP maker, Intel Corporation, has revised upwards its projected sales figure for the second quarter to between $9.1 billion (€7.5bn) and $9.3 billion (€7.7bn).

INTEL chief executive Craig Barrett received $6.74m in pay last year and Paul Otellini, who will replace Mr Barrett in May, was paid $5.44m.

Ian King, Bloomberg

INTEL has named president Paul Otellini as its next chief executive officer, choosing a salesman instead of an engineer to run the computer-chip maker for the first time.