Intel's interim CEO for the past seven months, Robert Swan, has been tapped by the chipmaker to retain the position on a permanent basis. Swan will also join the company's board of directors.
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Brian Krzanich has resigned from the positions of Intel's CEO and its board of directors, the company announced today. Intel CFO Robert Swan will be taking over as the interim CEO for the time being.
In a series of open letters, the United States Congress has questioned the bungling of the embargo for Meltdown and Spectre by various tech firms, including Microsoft, Intel, Apple, and Google.
Intel has been battered by the revelation of vulnerabilities in its chips. For his part, CEO Brian Krzanich has owned up to the company's missteps, and now offers an open letter to the tech community.
The vulnerabilities in Intel's processors and the subsequent drop in stock price has led a securities fraud attorney to launch a probe of Intel's officers that could lead to a class action suit.
Intel took the stage at CES to talk about the company's vision for virtual and mixed reality. Citing upcoming content, affordable headsets and software advances, Intel thinks 2017 will great for VR.
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While CEO Brian Krzanich is trying to reassure investors and employees about Intel's bright future, the company seems to be trying a plethora of different things and seeing what sticks.
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