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Intel's Paul Otellini predicts that the "next big thing" won't happen in the States unless government policies change. ZoomMonday night Intel CEO Paul Otellini warned government officials that the U.S. will face a huge tech decline if government policies are not altered. In fact, the "next big thing" won't be invented here in the States, and jobs will be created outside our borders. The warning was part of his observations about the Obama administration and the nation's economy during dinner at the Technology Policy Institute's Aspen Forum. He took aim at the U.S. legal environment, claiming that its become so...

Intel CEO: U.S. faces looming tech decline. Intel chief executive Paul Otellini offered a depressing set of observations about the economy and the Obama administration Monday evening, coupled with a dark commentary on the future of the technology industry if nothing changes.

President Barack Obama lobbied the head of Intel Corp. to talk up the more than $800 billion economic recovery package moving through Congress, the chief executive of the world's biggest chip maker said Tuesday. Paul Otellini said Obama "encouraged" him in a brief phone call Monday to publicly support the stimulus plan that includes billions in public spending to create jobs as well as for unemployment benefits, food stamps, health care and other programs to help victims of the worst recession in decades. The legislation cleared the Senate Tuesday afternoon and pointed toward House-Senate negotiations that are expected to be...

RADIO INTERVIEW SETS TONE FOR GALA OF ELITEIntel CEO Paul Otellini dished on Google, the advantages of not being an engineer and what it's like to give Andy Grove his first performance evaluation in 40 years at the Churchill Club's 20th anniversary dinner. Before 400 dinner guests who included former Intel chiefs Grove and Craig Barrett, Otellini spoke with Tech Nation radio show host Moira Gunn at the event Thursday. The conversation ranged from thoughts about working for Grove to strategic bets Otellini has placed on businesses such as Intel's new WiMax, wireless, broadband technology. Otellini recalled that as Grove's...

Speaking at the Intel Developer Forum on Tuesday company chief executive Paul Otellini said the industry is on a new "performance per watt" course that will deliver powerful Intel-based computers that are increasingly smaller, sleeker and more energy-efficient. During his keynote address at San Francisco's Moscone Center, Otellini unveiled the company's next-generation, power-optimized micro-architecture for future digital home, enterprise, mobile and emerging market platforms -- and low-power products aimed at a new category of converged consumer devices. In the second half of 2006, Otellini said Intel will introduce the micro-architecture, which combines the strength of the company's current Intel...