Items tagged with finance

Intel on Thursday warned investors that its first-quarter revenue is likely to be $900 million lower than previously forecast as it weathers weaker than expected sales of business PCs. As a result, Intel now expects to record Q1 revenue of $12.8 billion, plus or minus $300 million, compared to its previous expectations of $13.7 billion, plus or minus $500 million.The Santa Clara chip maker placed the bulk of the blame on small and medium businesses standing pat with Windows XP. Microsoft finally put the legacy operating system to rest a year ago in April, leaving those who don't upgrade at a severe security risk as newly discovered vulnerabilities go unpatched, though businesses have the option... Read more...
We all make mistakes, but as it turns out, some of them are more significant than others. As the Silk Road and Bitcoin saga continues, it appears that a list of bidders who were hoping to place bids for the ~$18 million in seized assets from Silk Road's closure have been made public. For a bit of background, around 30,000 Bitcoins were confiscated from Silk Road after it was seized and shut down for illegal practices. The U.S. Marshals Service was helping to handle a nine block bidding process, whereby the $18 million in assets could be re-entered into the market via legal means. Unfortunately, an email with those bidders was sent around, and Blind Copy wasn't used. Thus, identities were leaked,... Read more...