Daily Archives: March 21, 2011

The head of Intel’s Ultra Mobility Group abruptly quit on Monday, dealing another blow to the chipmaker’s attempts to penetrate the cellphone market. Anand Chandrasekher, a 24-year veteran who was leading that assault as senior vice president and general manager, announced he was leaving Intel “to pursue other interests”. Read more

Tech news from around the web:

  • Bulging corporate balance sheets – and a growing reluctance among traditional venture investors such as state pension funds to dabble in risky investments -  means that big companies are getting back into venture financing, SilliconValley reports, with nearly 9 per cent of all capital being committed to start-ups last year coming from the corporate sector.

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