Intel was aware of the chip vulnerability when its CEO sold off $24 million in company stock

[sl8]

Source: Business Insider

Troy Wolverton
11h

* Intel CEO Brian Krzanich sold off $24 million worth of stock and options in the company in late November.

* The stock sale came after Intel was informed by Google of a significant vulnerability in its chips — a flaw that only became public this week.

* Intel says the stock sale was unrelated to the vulnerability, but came as part of a planned divestiture program. But Krzanich put that stock sale plan in place in October — several months after Intel was informed of the vulnerability.

Intel CEO Brian Krzanich sold off a large portion of his stake in the company months after the chip maker was informed by Google of a significant security vulnerability in its flagship PC processors — but before the problem was publicly known

Read more: http://www.businessinsider.com/intel-ceo-krzanich-sold-shares-after-company-was-informed-of-chip-flaw-2018-1

[PoliticAverse]

1. It's been like a whole day, no class action suits yet?

I anxiously await receiving my $5 coupon for use on a future Intel CPU purchase.

[Fullduplexxx]

2. I paid 1000 for my cpu

[Fullduplexxx]

3. Intel says the stock sale was unrelated to the vulnerability, but came as part of a planned divestit

Intel says the stock sale was unrelated to the vulnerability, but came as part of a planned divestiture program. I wonder if they said that with a straight face

[bucolic_frolic]

4. He is the CEO

he doesn't know anything about the operation of the company, the underlings do all the work

"Plausible deniability"

"Disinformation"

Obfuscation

Quick, make bank!

[edhopper]

5. He'll be indicted

like all the CEOs after the financial meltdown.

[bitterross]

9. LOL - you got it right. /nt

[mpcamb]

6. Holy Feces! Can you get caught any more red-handed???

Jail first!
Questions later!

[Nitram]

7. Lock'im up!

[Bengus81]

8. Hmmm....Martha Stewart did jail time for LESS than this IMO............

See how soon this CEO sees any bars.

[mobeau69]

10. Patches to Intel kernel flaw could slow down computers by 30 %

https://www.rcrwireless.com/20180104/intel-security-glitch-may-impact-processors-stretching-back-a-decade-tag27

[IthinkThereforeIAM]

11. Proudly AMD...

... every computer I have purchased is AMD equipped. My 1998 AMD K6/2 still runs like a charm. It is actually better for some of the older games such as Alpha Centauri and Alien Crossfire. Re: Arrow keys for moving pieces.

[NCjack]

12. Krzanich will get a $500 fine for filing his stock sale plan a little late. nt