Bone Conduction Headphone – Redefined - Http://thegadgetflow.com/portfolio/bone-conduction-headphone-redefined/

Intel to slash 12,000 jobs (INTC)

Trading was briefly halted on Intel ahead of earnings on news that it plans to cut 12,000 jobs, or 11% of its workforce.

Here are the reported numbers for Q1 2016.

EPS (non-GAAP): $0.54 vs $0.49 expected.

Revenue: $13.8 billion vs $13.984 expected.

The company is in the middle of a revamp as it hopes to overcome a years-long slump in PC sales, and do a better job capitalizing on the rise of mobile devices, which have typically been dominated by chips designed and built by rivals like ARM and Qualcomm.

The company’s latest big push has been into the “Internet of things” — basically, getting its chips into all sorts of household and common objects to let them communicate with each other and apps over networks, including the public Internet.

Recently, an executive that Intel hired from Qualcomm, Venkata “Murthy” Renduchintala, slammed the company in an internal memo, citing “lack of product/customer focus in execution that is creating schedule and competitiveness gaps in our products." 

The company was recently reported to be planning layoffs of "thousands,” according to OregonLive.

SEE ALSO: Intel’s big hire from Qualcomm blasts the company in a leaked memo

Join the conversation about this story »

NOW WATCH: How to find out your Uber passenger rating

https://www.youtube.com/embed/1j-83SNePPU?feature=oembed&enablejsapi=1&origin=https://safe.txmblr.com&wmode=opaque

VIDEO: Breakthrough tech lets single antenna WiFi system get double the speeds at half the size

Initial Reactions from First Time Gear VR Buyers

Yessss - I traveled back in time this past Sunday. Crabtowne USA rules!!!

Using cosmic particles, scientists can now see what’s inside the pyramids

Despite having been around for thousands of years, we still don’t know much about what Egypt’s pyramids hold. Because of an archeological imperative to preserve the pyramids, researchers can’t simply bust down the walls to gain access to their hidden chambers, according to the BBC. However, a group of researchers has reached a breakthrough that could grant them an inside look using an X-ray-like technology to scan the interiors of pyramids.

Follow @the-future-now​

Rainbowpower is my pride horse. If I could get rainbow tack to him/her it would be perfect.