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Lip-Bu Tan says Intel will spin off non-core units

Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and non-core to the company’s … Read more

Amazon cuts some jobs in its communications, sustainability units

A person walks by The Spheres at the Amazon.com Inc. headquarters on November 14, 2022 in Seattle, Washington.  David Ryder | Getty Images News | Getty Images Amazon is laying off some employees in its communications and sustainability units, an executive overseeing the divisions announced internally on Wednesday. In a note to staffers viewed by … Read more

Bitcoin Crosses the Hallmark of 19.8 Mined Units on Xmas Eve

On Dec. 24, 2024, the amount of mined bitcoins crossed the 19,800,000 mark, leaving less than 1.2 million bitcoins remaining until the total supply is exhausted. After the 2024 halving, approximately 450 bitcoins are mined each day. According to one of the earliest websites collecting various Bitcoin data, Clark Moody, December 24 saw achieving a … Read more

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