Intel Corp. News

Supreme Court Rejects Stricter Deadline for Employee Claims Against Retirement Plans

The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp. cannot avoid a suit accusing it of unlawfully making high-risk investments that cost retirement plan beneficiaries hundreds …

California-based Chip Maker Intel Paying $5M in Pay Discrimination Allegations

The Labor Department says it has reached a $5 million settlement with chip maker Intel Corp. over allegations of pay discrimination against its female, African American and Hispanic employees. As part of the agreement, Intel will pay $3.5 million in …

Court Tosses $234M Award Against Apple in U. Wisconsin Patent Lawsuit

Apple Inc. persuaded a federal appeals court on Sept. 28 to throw out a $234 million damages award in favor of the University of Wisconsin-Madison’s patent licensing arm for infringing a patent on computer processing technology. In a 3-0 decision, …

BMW, Intel & Parts Maker Delphi to Develop Self-Driving Platform

German automaker BMW AG, U.S. chipmaker Intel Corp. and parts maker Delphi Automotive PLC on Tuesday said they would collaborate on development of a highly-automated self-driving platform for BMW, with Delphi handling integration of components and software. BMW said the …

Judge OKs $415M Settlement in Worker Suit Against Silicon Valley Giants

A U.S. judge has granted final approval to a $415 million settlement that ends a high profile lawsuit in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries. The plaintiffs alleged that …