Friday 29 May 2015
Chip maker

Intel to buy McAfee for $7.68 billion

Intel Corp said it would buy security software maker McAfee for $7.7 billion to capitalise on rising demand for better safeguards for laptops, smartphones and tablets. Intel will pay $48 per share in cash for McAfee in its biggest acquisit


Intel to shut sites, cut 6,000 jobs

Intel Corp said it would close manufacturing plants in Malaysia and the Philippines and scale back US operations as part of a restructuring that affects as many as 6,000 employees. The announcement comes a day after the world's largest

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