Intel reports the highest quarterly loss in the history of the company

Intel reported first-quarter results yesterday that showed a 133% annual reduction in its earnings per share. Revenue declined nearly 36% year over year to around $11.7 billion. The loss per share and sales were comparatively better than soft Wall Street anticipations. For the second quarter, Intel anticipates losing 4 cents per share on an income of $12 billion….

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Britain’s Competition Regulator Blocks Microsoft’s Acquisition of Activision Blizzard

Britain’s top competition regulator moved to block Microsoft’s $69 billion acquisition of video game publisher Activision Blizzard. The measure marks a significant blow for the US tech company, as it seeks to convince authorities that it will benefit competition. Microsoft said it will appeal the decision. Shares of Activision Blizzard declined more than 8% in early US trading. The…

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Frost Radar for Security Awareness Training, 2022

Cyberthreats have increased at an unprecedented rate over the last few years, targeting enterprises of all sizes around the world. Governments and corporates have responded with regulations and enhanced budgets and skill sets to counter risks. Disruptions due to digital transformation strategies and the COVID-19 pandemic have increased the need for solutions that satisfy the…

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