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Intel Corp. said Tuesday it will cut about 11 percent of its global workforce, or up to 12,000 positions, as the world’s largest chipmaker grapples with plunging global sales of desktop computers. The aggressive cost-cutting campaign will include the loss of executive staffers at the Santa Clara, California, company and will be completed by the middle of next year, the company said in a regulatory filing. The company also said it will book a one-time charge of $1.2 billion in the second quarter. The planned job losses come as Intel shifts its focus toward mobile applications, data centers and connectivity...

Intel plans to cut 12,000 jobs, or 11% of its workforce. It will take a $1.2 billion charge as a result. Trading was halted around the release, then the stock immediately dropped when trading resumed. It's down about 3%. But Intel beat on earnings and revenue. Here are the reported numbers for Q1 2016: • EPS (non-GAAP): $0.54 vs. $0.49 expected. That's up 2% from last year. • Revenue: $13.80 billion vs. $13.84 billion expected. But that number includes $99 million from a deferred revenue write-down — without that, revenue would've come in at $13.70 billion. That's still a 7%...

One of the top users of foreign workers imported via the H-1B visa program announced Tuesday it’s laying off about ten percent of its global workforce.Tech giant Intel is laying off some 12,000 workers, although it’s one of the country’s 15 largest users of H-1Bs, which are temporary visas that allow companies to hire foreign workers for American tech jobs. The big-time layoffs come even as the company has called for hikes in the number of foreign workers it is able to hire using H-1B visas.The chip-making giant said the mass firings are part of a “restructuring initiative” that will further its shift away from the PC...

Legendary Intel executive Andy Grove, who transformed the company into a chip-making powerhouse and helped drive the personal computer boom, has died. He was 79. Although Grove wasn't technically a founding member of Intel (Gordon Moore and Robert Noyce were the company's two co-founders), he was present at the company's incorporation in 1968. He went on to become Intel's president in 1979, CEO in 1987 and chairman from 1997 to 2005.

"The operation underway is lnked to the Paris attacks," said François Hollande, the French president. Mr Hollande added: "We must let the Belgian police get on with their job". According to l'Express, two men, Salah Abdeslam and an identified accomplice have both been wounded and arrested.

A member of Hurlburt Field’s intelligence squadron is facing charges that he committed federal child pornography crimes on the base using his work computer. Douglas J. Plate, 53, of Navarre, was arraigned in U.S. District Court in Pensacola on Thursday after a federal grand jury returned an indictment charging him with receipt, possession and access with intent to view child pornography. According to a press release from U.S. Department of Justice, the indictment alleges that between August 2014 and December 2015, Plate knowingly received, possessed and accessed child pornography on his home computer. In addition, the indictment stated that between...

Oculus founder Palmer Luckey has poured water on the idea of his Rift virtual reality headset supporting the Mac by saying that Apple doesn't make any computers powerful enough to run it. "That is up to Apple and if they ever release a good computer we will do it," Luckey tells ShackNews when asked about Mac support. "It just boils down to the fact that Apple doesn’t prioritize high-end GPUs. You can buy a $6,000 Mac Pro with the top of the line AMD FirePro D700, and it still doesn’t match our recommended spec." Apple's high-end Mac Pro computers come...

**SNIP** "I think Hillary Clinton, for the good of the country, should step down and let this FBI investigation play out," Lt. Gen. Michael T. Flynn (Ret.) told The Daily Caller. Flynn led the DIA from July 2012 until August 2014. He said anyone who compromised intelligence at this level of classification has no business running for president. The documents "had to be moved off electronically or removed out of the secure site physically, then it had to be put onto an unclassified email system," Flynn said. "Someone who does this is completely irresponsible, but totally unaccountable and shows a...

The top U.S. intelligence official told Congress on Tuesday that Iran could move forward with the construction of a nuclear weapon at any time and that there is no way to know the Islamic Republic will build these weapons following the implementation of a landmark agreement hailed by the Obama administration as a definitive step towards preventing an Iranian nuclear bomb. James Clapper, the director of national intelligence, told Congress during an open hearing that despite an intelligence budget in the billions, his office remains uncertain about Iran’s nuclear intentions. “We do not know whether Iran will eventually decide to...

EXCLUSIVE: Hillary Clinton's emails on her unsecured, homebrew server contained intelligence from the U.S. government's most secretive and highly classified programs, according to an unclassified letter from a top inspector general to senior lawmakers.

Microsoft is working with Intel, AMD, nVidia, and Qualcomm to support Windows 10 at a chipset level, effectively killing the future of Windows 7 and 8. The changes, which were announced in a company blog post, are the next step in Microsoft's big push to get everyone, from personal users to businesses, onto the latest version of the operating system. The partnership with the chip makers is surprising, as cutting support for Windows 7 and 8.1 on future PCs could adversely affect sales. "Going forward, as new silicon generations are introduced, they will require the latest Windows platform at that...

Microsoft made this totally stupid change to its Windows support policy. With no notice, older versions of Windows lose support on the latest PC hardware. Yep, that's right: You can't run Windows 7 or 8.1 on Skylake CPUs (or later). There's a woolly, limited get-out-of-jail-free card for a short while, but this is just the latest irritating Microsoft scheme to get everyone onto Windows 10. The way it's always been in the past is that enterprises could buy today's hardware, but put their current image on it, only upgrading when it made sense. But with this move, Microsoft changes everything...

FINNISH POLICE HAD INTEL OF COLOGNE RAPE-JIHAD INTENDED FOR HELSINKI NEW YEARS EVE, STOPPED MUSLIM ASYLUM ATTACKERS IN TIME……This is an update to a previous storySo this was not just a random happening, it was organized in tandem with muslim operatives in Germany, and not only did German officials know about it in time (UPDATE: Finnish journalist contacts the TT and says not sure Germans warned the Finns), they passed information to Finnish officials who were able to act in time and prevent rapes, molestations and general robbery and thuggery by muslim settler males. Cologne events were intended for...

The Paris terrorist attackers conducted prior surveillance of at least some of the locations they attacked and showed signs of tactical planning and military-style training, a new U.S. intelligence bulletin says. The bulletin issued by the FBI, Homeland Security department and the National Counterterrorism Center warns U.S. law enforcement to review training to deal with active shooters, according to U.S. officials. The bulletin, which was described to CNN and confirmed by other U.S. officials, advises local law enforcement to go over active shooter scenarios and asks for them to be on the lookout for any suspicious people doing

Former CBS News reporter Sharyl Attkisson claimed that she has sources who say President Barack Obama has "closed his mind" to some intelligence reports with which he disagrees. Wednesday on NewsmaxTV's "Steve Malzberg Show," Attkisson asserted that Obama "does not necessarily listen to the people with whom they disagrees. He seems to dig in. … He is facing formidable opposition on this particular point." Attkisson explained, "I have talked to people who have worked in the Obama administration who firmly believe he’s made up his mind, I would say closed his mind, they say, to their intelligence that they've tried...

Intel now has a thousand people or more working to outfit a 2016 iPhone with its lauded 7360 LTE modem chip, sources say. If all goes well, Intel may end up providing both the modem and the fabrication for a new Apple system on a chip.Sources close to the matter say Intel is pulling out the stops to supply the modems for at least some of the iPhones Apple manufactures in 2016. This phone will likely be the iPhone 7. VentureBeat was the first to report on the two companies’ work together, and more pieces are falling into place...

WASHINGTON—Congressman Todd Akin (R-MO), ranking member of the House Armed Services Seapower and Expeditionary Forces Subcommittee today, sent a letter cosigned by 47 colleagues to President Obama urging a full and thorough investigation of the ACLU’s John Adams project which may have intentionally revealed the identity of covert CIA operatives to members of Al Qaeda currently held at Guantanamo Bay. The following is the list of cosigners on the letter to President Obama regarding the alleged outing of covert CIA agents by ACLU’s John Adam’s project: Todd Akin (R-MO), Robert Aderholt (R-AL), Roscoe Bartlett (R-MD), Rob Bishop (R-UT), Marsha Blackburn...

NOT being the sort who hands out high honors lightly, it is indeed a privilege to be attached to The American Report. As aptly expressed by one of its key members, it is “a grouping of patriots who are dedicated to exposing and routing out the Muslim Brotherhood from the United States government. We include retired military and intelligence, investigative journalists, and political activists.” IN this regard, said association hardly comes out of thin air. It is borne via recognition of what this investigative journalist brings to the mix. Along this trajectory, an expertise in the Muslim Brotherhood is acknowledged....

Chipmakers Intel and Micron said Tuesday they've created a hyperfast memory chip, up to 1,000 times faster than standard NAND Flash memory. Intel and Micron say they've been working more than a decade on their new, "3D XPoint" chip, which is based on a new, three-dimensional structure and a different set of materials than standard memory chips. The new chip doesn't use transistors, which are the standard on/off switches in microprocessors and nearly every other category of computer chip.

Ray Blanco, The Daily Reckoning June 29, 2015Do you like your iPhone? Today, you are walking with the equivalent of what was supercomputer not too long ago — in your pocket. The foundation for the modern semiconductor industry got its start in the late 1940s and 1950s. Electronics up until then were dependent on vacuum tubes. These weren’t, to say the least, very easy to miniaturize. But we did try to use them. In 1946, the U.S. government built the first general-purpose electronic computer. It was called ENIAC (Electronic Numerical Integrator And Computer) and contained over 17,000 vacuum tubes, along...