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Latest Paul Otellini Items
EARLY RETIREMENT: Intel CEO Paul Otellini plans to retire in May. The decision announced Monday surprised Intel's board, which had been expecting Otellini to remain CEO until he turned 65 in 2015.
Intel CEO Paul Otellini dropped a bombshell on the company's board of directors last week, telling them in private that he plans to retire from the world's largest maker of microprocessors in May. Otellini's move comes at a time when Intel faces a shaky economy and a mobile gadget craze that is eating away at demand for its PC chips _and it gives the company just six months to find a new leader.
Intel's CEO, Paul Otellini, plans to retire in May after nearly 40 years with the company.
The release of Microsoft's Windows 8 operating system is a week away, and consumers are in for a shock. Windows, used in one form or another for a generation, is getting a completely different look that will force users to learn new ways to get things done.
While Microsoft is touting next week's launch of Windows 8 as the savior of the computer industry, PC makers and analysts are increasingly skeptical that the new operating system will lure consumers away from tablets and smartphones.
Intel Corp., the world's largest chipmaker, expects cold winds to blow this fall, as consumers shift their spending toward tablets and a weak global economy curbs corporate spending on computers.
Intel Corp., the world's largest chipmaker, said Tuesday that the weak global economy is slowing its growth, and revenue for the current quarter is likely to come in below Wall Street forecasts.
Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.
Intel Corp. said Monday that PCs with chips from its new generation of processors, featuring a revolutionary design, will be available this week.