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During his long career with Intel, the world's largest semiconductor company, Paul Otellini has had a catbird-seat view of the remarkable social and business changes wrought by the information technology revolution. Now Intel's CEO, he has also witnessed some of the tech industry's biggest setbacks, such as the implosion of the dotcom bubble in 2000 that plunged the U.S. into recession. In an recent interview with TIME senior editor Jim Erickson, Otellini discussed some of the differences between the dotcom bust and the current global financial crisis - and whether technology's Next Big Thing can help...

Author: /time Magazine | Title: Intel Chief: Why Tech Will Survive Crunch | 11/5/2008 | See Source »

...TIME: But hasn't the financial services industry, which obviously is in distress, been a big consumer of technology in the past? Won't that have some impact on Intel...

Author: /time Magazine | Title: Intel Chief: Why Tech Will Survive Crunch | 11/5/2008 | See Source »

...think that here we were in Tora Bora a year after our first violent attacks in these mountains, but instead of having bin Laden within reach, as we did back then, we were now grabbing any little person who might have spoken to him at some time. ...The intel on Osama bin Laden remained...

Author: /time Magazine | Title: Inside the bin Laden Manhunt | 10/28/2008 | See Source »

...company's efforts can be as simple as improving the energy efficiency of the products it sells - which also benefits the bottom line, since energy costs remain volatile. That's especially germane to big-power products, like the microprocessing chips that run desktop computers. Shapiro points to Intel, whose new microprocessors are designed to use 40% less energy to generate 40% more power than the previous generation of chips - just 18 months old. Dell itself has rolled out a new desktop that is up to 70% more efficient than the average PC - an attractive quality for server farms, the computer...

Author: /time Magazine | Title: The Greening of Consumer Electronics | 10/21/2008 | See Source »

...possible return to normalcy was the 3.5% loss in the tech-heavy NASDAQ, compared to the much smaller drop in the Dow and S&P. The indexes had been moving pretty much in tandem, but broke their lockstep on Tuesday on concerns about slower growth at Google, Intel's after-the-bell third-quarter earnings report, and how much companies will be investing in technology next year. Though a sharp drop, it was a hopeful sign that investors may have returned to caring about stocks' fundamentals and have left the sphere of fear that had been dominating the market...

Author: /time Magazine | Title: Wall Street Takes a Breath: A Return to Normalcy? | 10/14/2008 | See Source »

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