Recode Daily: Intel’s chip problem is the Intel CEO’s problem; Iovine is leaving Apple

Recode Daily: Intel’s chip problem is the Intel CEO’s problem; Iovine is leaving Apple

6 years ago
Anonymous $1bh8zaeyQS

https://www.recode.net/2018/1/5/16852056/intel-krzanich-stock-meltdown-spectre-zuckerberg-neutrality-fcc-amazon-legal-marijuana-iovine

Intel CEO Brian Krzanich sold off the majority of his stock after the company was informed of two massive cybersecurity flaws in its chips. Krzanich reportedly sold all but 250,000 shares of stock in November, several months after the company first became aware of the issues — a stock dump that is said to have netted him around $25 million. Apple confirmed that the Mac, iPhone and iPad are all affected by the massive chip vulnerability; meanwhile, Intel has begun issuing patches to combat the microchip flaws called Meltdown and Spectre. [Mike Murphy / Quartz]

Mark Zuckerberg says his personal challenge for this year is to fix Facebook. In previous years, the Facebook CEO has learned Mandarin, built a robot butler and, most recently, toured America to spend more time with normals. Zuckerberg will devote 2018 to improving some of the most important elements of Facebook that have gotten the company into hot water over the past 12 months, like its unintended role as a propaganda weapon for Russia during last U.S. presidential election. [Kurt Wagner / Recode]