Daily BriefsTMT/Internet

TMT: Intel Corp and more

In today’s briefing:

  • Intel Beware ! The Vultures Are Circling.

Intel Beware ! The Vultures Are Circling.

By William Keating

Things took a dramatic turn for the worse at Intel last week with the publication of a letter from activist hedge fund Third Point to Intel’s board chairman, Dr Omar Ishrak. Having taken a significant stake in the company, Third Point is now setting out to drive sweeping changes at Intel. What are the implications for Intel and how is the company likely to respond to this challenge? Here’s our thoughts on the matter.

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