Intel Corporation announced earlier this week that it has acquired a networking business and assets from Avago Technologies for $650 million in cash.
Intel and SMS Audio, the consumer electronics company that was founded by 50 Cent, have partnered to launch heart-rate headphones. In the earbuds of the SMS Audio BioSport In-Ear headphones, there is an optical light sensor that detects the heart rate of the wearer with some other sensors.
Intel’s Infineon has not supplied baseband processors to Apple in years, but is interested in supplying chips for future iPhone models as part of an effort to replace Qualcomm.
Intel is generally known for producing chips for PCs, but the company has now released a social app for Android and iOS called Pocket Avatars. The app offers mobile message, but it uses cartoon avatars to show your facial expressions.
Intel Corporation (NASDAQ:INTC) lost a challenge against a record 1.06 billion euro ($1.44 billion) European Union fine that was handed out five years ago. Europe’s second highest court said that regulators did not act too harshly.
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Intel Corporation (NASDAQ:INTC) has announced an agreement that will allow it to integrate wireless charging technology into devices that are powered by its chips. The wireless charging technology is powered by WiTricity and adheres to the Rezence specification, which was put together by the Alliance for Wireless Power (A4WP). Intel and WiTricity are both board members of the A4WP.
Around two months ago, Intel announced a $740 million investment in Cloudera. Intel was expected to name a board member at Cloudera following the investment, but now we officially know who that person will be. Intel CIO Kim Stevenson will be taking that board seat at Cloudera. Cloudera is a software startup that specializes in using the Hadoop data analytics technology.
Intel Corporation (NASDAQ:INTC) is planning to launch a fully customizable 3D printable robot kit to market by the end of the year with a consumer version starting around $1,600.