1/22, 12:16 AM (Source: TeleTrader)
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Intel says its sensitive information was hacked

Intel Corp's corporate website was reportedly hacked and sensitive information has been stolen, the Financial Times said, citing the company's chief financial officer George Davis.

Davis confirmed the reason why the company had to release its quarterly earnings earlier is because of the leak that was the result of an illegal action that "had not involved any unintentional disclosure by the company itself."

Intel said earlier today that its net revenue in the fourth quarter of 2020 was $20 billion, which is down by 1% in comparison to the fourth quarter of last year. GAAP earnings per share slid 10% year on year to $1.42 and GAAP net income dropped 15% to $5.9 billion.

Breaking the News / TF