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Intel CEO Dumps Stock After Learning of Processors' Vulnerability
Posted on 1/4/18 at 6:50 am
Posted on 1/4/18 at 6:50 am
Per Business Insider.
Also per Business Insider there's a fix for the Intel CPU flaw, but it's painful.
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.
14
Posted on 1/4/18 at 6:51 am to austintigerdad
Sounds like he received solid intel
Posted on 1/4/18 at 6:53 am to theunknownknight
quote:The CEO may have, but it looks like my Intel sucks.
Sounds like he received solid intel
Posted on 1/4/18 at 6:54 am to austintigerdad
Incoming letter from the SEC.
Posted on 1/4/18 at 6:58 am to austintigerdad
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 on 1/4/18 at 7:00 am to austintigerdad
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.
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 on 1/4/18 at 7:00 am to austintigerdad
He is fricked.
Posted on 1/4/18 at 7:12 am to t00f
quote:
He is fricked
If this wasn't a planned sell then you're correct
Posted on 1/4/18 at 7:17 am to Wtodd
Did not read the article. I assumed it’s news because he dumped his stock with inside info.
Posted on 1/4/18 at 7:26 am to t00f
quote:
Did not read the article
Me either, yet.
quote:
I assumed it’s news because he dumped his stock with inside info
Careful about assuming with the media
Posted on 1/4/18 at 7:29 am to austintigerdad
Sometimes execs have pre-planned selling of their stock grants to avoid insider trading situations.
Posted on 1/4/18 at 7:30 am to t00f
quote:
Did not read the article
Go to this link.... Motley Fool
It doesn't appear to be anything nefarious.
Posted on 1/4/18 at 7:31 am to austintigerdad
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.
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 on 1/4/18 at 7:32 am to austintigerdad
Time to buy AMD
Posted on 1/4/18 at 7:33 am to Wtodd
I read it. Seems like they keep the door open for speculation but no real info to back it up.
Posted on 1/4/18 at 7:48 am to TheHarahanian
quote:
The vulnerability, which affects processors from Intel, AMD, and ARM and could allow malicious actors to steal passwords and other secret data,
Per the article, it looks like you wouldnt be doing yourself any favors by buying AMD.
This post was edited on 1/4/18 at 7:50 am
Posted on 1/4/18 at 7:53 am to austintigerdad
Is this considered insider trading?
Posted on 1/4/18 at 8:09 am to austintigerdad
How does this qualify to be a thread on the Political Talk Board??
Posted on 1/4/18 at 8:14 am to austintigerdad
quote:HAHA just like all of their other garbage.
Microsoft - fixes - slow down by as much as 30%
Posted on 1/4/18 at 8:23 am to LSURussian
quote:Figured we could use a break from those constant "Why do liberals [...] ?" threads.
How does this qualify to be a thread on the Political Talk Board??
You're welcome.
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