Intel Loses $26B In Market Cap On Layoff, Cost-Cutting Plan

Published on August 2, 2024

Plans for a record layoff and big spending cuts, along with poor third-quarter guidance and a plan to end dividends, led to a plunge in Intel’s (INTC) stock price.

Continue reading on website
Other news

Cryptonator seized for laundering ransom payments, stolen crypto

August 2, 2024
U.S. and German law enforcement seized the domain of the crypto wallet platform Cryptonator, used by ransomware gangs, darknet marketplaces, and other illicit services, and indicted its operator. [...]

Fake AI editor ads on Facebook push password-stealing malware

August 2, 2024
​A Facebook malvertising campaign targets users searching for AI image editing tools and steals their credentials by tricking them into installing fake apps that mimic legitimate software. [...]