Intel CEO's massive stock dump raises eyebrows

Intel CEO Brian Krzanich sold about half his stock months after he learned about critical flaws in billions of his company's microchips. Krzanich now holds only the minimum number of shares he's required to own. Intel says there's nothing to see here: Krzanich remains confident about the company's future, and his massive stock sale was unrelated to the security issue that sent shares down about 6% over the past two days.

"In all the years I've been at this and of all the companies I've covered, I can't recall another single massive sale on this scale," Rasgon said.

Sorry for the reference, but this is like something no one can avoid and it's real.

money.cnn.com...
20 years this flaw has been around, since the early days of computing so in my mind what's going on is

[The Conspiracy]

They knew about this a looooong time ago, and now that we're heading towards another decade, 2020, their plan is to ring in the new order, old order whatever you wanna call it.

And their favorite, a cashless society. The bankers wet dream, control over everyone and everything. Imagine the world completely run that way? They have all th power, and we have none.

How i see this nose dive into a big pit, will start with how we compute. Computers are going to be slower now they say, effecting BILLIONS of people world wide. Enough to install another system for us, their perfected version of it.

a reply to: Blender5L

Can you summarize how these flaws are affecting the average computer user?

a reply to: Blender5L

Insider trading happens on a MASSIVE scale all the time... you just need to know how to "skirt the line". Apparently Intel's CEO is doing just that (or even if he's going "over the line", he's got protectorates and is in their club).

It's like Bernie Maddoff - he isn't the only dude doing what he did, but he burned the wrong people, so they made an example out of him.

a reply to: carewemust

A real oversimplification of the problem is that many processes in a computer synchronize with the same master clock.
The older machines had memory heat lag error that created some random padding because they used wait states that introduced random clock cycles.

So if you are sharing your machine with other users on a more modern machine equipped with a highly efficient cache, it is like sharing the same synchronized gear box.

Many users don't run a lot of open ports so unless they are connected to a cloud that is being closely monitored by a hacker there isn't much to be concerned about? Fixing the browsers and secure servers so that they are less vulnerable and compatible with your OS is going to be a pain though.

I doubt Intel is going to replace all the recently sold chips with PLCache (Partition-Locked Cache, partition locked cache) and RPCache (Random Permutation Cache, cache random order) under warranty.

Intel needs to be looking for a new CEO.

Since that guy obviously doesn't stand behind the company he runs.

Get the board to replace his snip.

Intel chip is a solid product. Just FIX the damn thing.

Yeah they had to massive security flaws exposed that's affecting over a decade of processors.

FIASCO.

Buy AMD.

originally posted by: neo96
Intel needs to be looking for a new CEO.

Since that guy obviously doesn't stand behind the company he runs.

Get the board to replace his snip.

Intel chip is a solid product. Just FIX the damn thing.

If you're not running a business using Intel processor's which most businesses probably are. I digress, you still have to leave your network exposed in some way to really take advantage of it but I'm sure there are social engineers out there who can achieve that easily.

a reply to: toysforadults

What doesn't have a security flaw?

The best example of this is microsofts windows.

Gates is still a multi billionaire.

Latest sources are saying, it's not just Intel, AMD(widely used alternative to Intel) and ARM( cell phones/devices).
NSA and hackers having field day if need be.

a reply to: neo96

Yes but Intel has built it's entire brand on having top of the line products.

AMD stock up and Intel down today let's see if the trend continues.

a reply to: toysforadults

Everything is effected.

AMD.INTEL,ANDROID devices.IPHONE.APPLE.

www.cnet.com...

a reply to: neo96

I read that, but in what way did the collaborate in the last ten years that exposed them to this flaw?

a reply to: neo96

put options on Intel stock, what....... 7 days???

a reply to: neo96

put options on Intel stock, what....... 7 days???

a reply to: Blender5L

He could be selling it knowing that the stock is going to take a hit after this news comes out. Wait till it tanks then buy more again and wait for it to go back up. A little insider trading typically never hurts politicians ,CEO, and board of directors of bigly companies.

BTW

Looks like another CEO is selling large portion as well

Uber Co-Founder Travis Kalanick Plans to Sell 29% of Stake

originally posted by: carewemust
a reply to: Blender5L

Can you summarize how these flaws are affecting the average computer user?

Well, when I saw this It made me really glad I don't use intel.

The Security of pretty much every computer on the planet has just gotten a lot worse

This means that a malicious app on your phone could steal data from your other apps. Or a malicious program on your computer -- maybe on running in a browser window from that sketchy site you're visiting, or as a result of a phishing attack -- can steal data elsewhere on your machine. Cloud services, which often share machines amongst several customers, are especially vulnerable. This affects corporate applications running on cloud infrastructure, and end-user cloud applications like Google Drive. Exactly how, we don't know yet.

This is bad news, and just what they planned for 20 years ago, or more.

originally posted by: neo96
a reply to: toysforadults

Everything is effected.

AMD.INTEL,ANDROID devices.IPHONE.APPLE.

www.cnet.com...

I don't know if it's worse having INTEL or AMD, but all my browsers have burps, slow then fast it's annoying the # out of me.

Thing is, this is the single most likely thing to create a world war. If all systems went down due to Intel, wherever they're stationed, calif i think, then there will be a lot of pissed off and violently angry people looking someone to blame.

originally posted by: toysforadults
Yeah they had to massive security flaws exposed that's affecting over a decade of processors.

FIASCO.

Buy AMD.

Thing is, if this is a planned take down, it's already too late.

a reply to: Blender5L

Computers are going to be slower now they say, effecting BILLIONS of people world wide.

It won't help all those bitcoin-mining botnets, that 's for sure. This could affect the value of bitcoin but who knows how much.