Started By
Message
locked post

Intel CEO Dumps Stock After Learning of Processors' Vulnerability

Posted on 1/4/18 at 6:50 am
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 1/4/18 at 6:50 am
Per Business Insider.
quote:

Intel CEO Brian Krzanich sold off a large portion of his stake in the company months after the chip maker was informed by Google of a significant security vulnerability in its flagship PC processors — but before the problem was publicly known.

Intel CEO Brian Krzanich sold off $24 million worth of stock and options in the company in late November.

Also per Business Insider there's a fix for the Intel CPU flaw, but it's painful.
quote:

A design flaw in Intel chips as old as 10 years old was discovered.

Owners of Windows PCs with Intel processors affected by a newly discovered design flaw have an unpleasant choice to make: Leave their PCs vulnerable to hackers, or install a fix that will significantly slow down the performance of their computers.

A software update by Microsoft that fixes the security flaw could cause the performance of the Intel chips to slow down by as much as 30%, according to a report from The Register on Tuesday.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57437 posts
Posted on 1/4/18 at 6:51 am to
Sounds like he received solid intel
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68216 posts
Posted on 1/4/18 at 6:54 am to
Incoming letter from the SEC.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423384 posts
Posted on 1/4/18 at 6:58 am to
quote:

A software update by Microsoft that fixes the security flaw could cause the performance of the Intel chips to slow down by as much as 30%, according to a report from The Register on Tuesday.

goddamn

AMD master race about to take over
Posted by truthbetold
Member since Aug 2008
7632 posts
Posted on 1/4/18 at 7:00 am to
This is the kind of thing nation state hackers have been using for years.

If you use electronic media and have any assumption of privacy, you are a fool. The best approach is to assume the bad guys are already in.
This post was edited on 1/4/18 at 7:05 am
Posted by t00f
Not where you think I am
Member since Jul 2016
90525 posts
Posted on 1/4/18 at 7:00 am to
He is fricked.
Posted by boosiebadazz
Member since Feb 2008
80399 posts
Posted on 1/4/18 at 7:29 am to
Sometimes execs have pre-planned selling of their stock grants to avoid insider trading situations.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19568 posts
Posted on 1/4/18 at 7:31 am to
He was smart enough to get the CEO gig at Intel.

Hears about a problem with one of the company's flagship products and bails on the stock.

Illegal or not, he's still smart.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49033 posts
Posted on 1/4/18 at 7:32 am to
Time to buy AMD
Posted by Bison
Truth or Consequences
Member since Dec 2016
1237 posts
Posted on 1/4/18 at 7:53 am to
Is this considered insider trading?
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 1/4/18 at 8:09 am to
How does this qualify to be a thread on the Political Talk Board??
Posted by ninthward
Boston, MA
Member since May 2007
20448 posts
Posted on 1/4/18 at 8:14 am to
quote:

Microsoft - fixes - slow down by as much as 30%
HAHA just like all of their other garbage.
Posted by AUstar
Member since Dec 2012
17059 posts
Posted on 1/4/18 at 8:27 am to
I bet the NSA is pissed this flaw is now public. I sure they have been using it forever.

BTW is there a list as to which processor models this affects?
Posted by Bass Tiger
Member since Oct 2014
46346 posts
Posted on 1/4/18 at 8:37 am to
quote:

he following post: Message Intel CEO Dumps Stock After Learning of Processors' Vulnerability by austintigerdad



Has to be total BS, these high level corporate officers simply don’t have inside information and if they did they would never act on that info, come on, it’s against the law! Lol!
Posted by Havoc
Member since Nov 2015
28579 posts
Posted on 1/4/18 at 8:49 am to
They gon get litigated for sure.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram