Intel Promotes COO Brian Krzanich to CEO Position

May 2 (Bloomberg) -- Bloomberg's Betty Liu and Sheila Dharmarajan report that Intel Corp. is promoting Chief Operating Officer Brian Krzanich to chief executive officer. He will officially replace Paul Otellini at the chipmaker's annual shareholder meeting on May 16. They speak on Bloomberg Television's "In The Loop."

Apple Cuts Off Payments to Qualcomm
02:35 - Apple Inc. cut off billions of dollars in payments to Qualcomm Inc., turning a contract dispute into what one analyst called an "all-out war" that forced the chip supplier to slash forecasts given only days ago. Bloomberg's Ian King reports on "Bloomberg Technology." (Source: Bloomberg)
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