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Tag: INTC

Big Bank Earnings Today: Wells Fargo (NYSE: WFC) and JPMorgan (NYSE: JPM) – Money Morning

Two of the largest U.S. financial institutions kicked off third-quarter results for big bank earnings today, giving us a peek at how they fared amid tough times for both firms.

Wells Fargo & Co (NYSE: WFC) is in the midst of slashing headcount in its mortgage unit by some 1,800, and JPMorgan Chase & Co (NYSE: JPM) is tangled up in settlement talks with the U.S. Justice Department.

Can “Perceptual Computing” Help Intel Get its Groove Back? – Money Morning

When you peruse the tech-dominated headlines these days, a lot of the talk is about how smartphones and tablets are taking over for notebooks and laptops – which had taken over for desktop PCs.

But with the confusing mix of keyboards, track pads, touch-screens, and even voice and gesture commands that are in use today, there are at least as many different ways to interact with all those computing devices as there are different devices themselves.

But Intel Corp. (Nasdaq: INTC) is pioneering a new type of technology the chip-giant says will bring order to this interface confusion.

And it refers to this invention as “perceptual computing.”

No doubt, this is Intel’s latest attempt to regain its relevance in a world that is going mobile at an accelerating rate – a transition that has transformed the once-dominant firm into a veritable also-ran. And most of these earlier attempts amounted to almost nothing at all.

But I believe perceptual computing is different – and, in fact, could have two important results.

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