Intel hires top graphics guy from Advanced Micro Devices
Though Intel is dominant when it comes to computing chips, the company has never been a leader in graphics processors.
Intel is hoping to change that, by first hiring away AMD’s graphics chief, Raja Koduri. He was previously the senior vice president and chief architect of the Radeon Technologies graphics division.
And Intel is forming a new “core and visual computing group,” according to The Verge, that Koduri will be in charge of.
In a statement, this is how AMD responded to the news:
“These updates do not impact our plans or the strategic direction we are driving our graphics business. We appreciate the contributions Raja has made helping establish our dedicated graphics focus and strong team that is capable of accomplishing the ambitious goals we have set for this part of our business. Also want to make sure it is clear that there are no changes to our public product or technology graphics roadmaps, and we remain on track to deliver on our commitments in 2018 and beyond.”
Advanced Micro Devices is technically based in California but Austin is where it has substantial operations and where most of its senior executives are based.
This news came a day after AMD announced a new collaboration with Intel, in which they will partner on a computer chip for thin laptops.
Trump administration tries to break up Time Warner/AT&T deal
The Justice Department is trying to block AT&T’s proposed merger with Time Warner in a move several experts interpret as a punishment of CNN.
President Donald Trump has often criticized CNN, describing it as a “purveyor of fake news,” according to the New York Times.
Time Warner owns CNN and HBO, among other media properties. AT&T has proposed buying Time Warner for $85.4 billion.
The Times predicts the Justice Department and AT&T will end up in court battling over whether the purchase can proceed with CNN.
Apple is working on a redesigned iPad
Next year Apple Inc. is expected to release a redesigned, high-end iPad, according to a Bloomberg report, that includes iPhone X features such as slimmer edges and facial recognition.
But the new iPad is unlikely to include an OLED screen, which Bloomberg describes as providing more vivid colors and sharper clarity.
Snap shares took a beating on Wednesday
Recode reports that 162 million Snap shares traded hands on Wednesday -- but that wasn’t good news. The stock closed down almost 15 percent.
The company had reported disappointing earnings the day before.
Snap also announced that a Chinese investment company called Tencent had taken a 12 percent stake in Snap.
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