Boston, MA 02/06/2014 (wallstreetpr) – Intel Corporation (NASDAQ:INTC) is breaking into new grounds, and now it is all about bringing new possibilities into technology. The company has announced a new technology that would increase human-computer interaction. RealSense, a new technology which the chipmaker debuted this year, allows computers to understand human interactions like sight and hearing. Thus, Intel is teaming up with various tech companies to make this technology a reality. The company recently partnered with Microsoft Corporation (NASDAQ:MSFT) to improve Skype. It also joined hands with Nuance Communications Inc (NASDAQ:NUAN) to revamp Dragon Dictation software. 3D Systems Corporation (NYSE:DDD) is also part of the game where Intel hopes to help make three dimensional printing easier. Moreover, Intel Corporation (NASDAQ:INTC) is also building a network of OEMs in order to help get RealSense into computers.
Gilead Sciences, Inc. (NASDAQ:GILD) declared that it realized revenue of $3.12 billion for the fourth quarter of 2013. That was a 21 percent jump from revenue generated in the corresponding quarter of 2012 where revenue came in at $2.59 billion. In the latest quarter, GILD posted net income of $791.4 million, translating to 47 cents per diluted shares. By contrast, net income for the corresponding quarter of 2012 was $762.5 million, leading to 47 cents per diluted share. GILD also released full-year 2013 data which showed the company generated $11.2 billion compared to $9.70 billion for 2012. This was a 15 percent increase over a period of 12 months. Profit for the year was $3.07 billion, translating to $1.81 per share diluted. In 2012 Gilead Sciences, Inc. (NASDAQ:GILD) realized $2.59 billion in net profit which translated to $1.64 per diluted share.
Micron Technology, Inc. (NASDAQ:MU) witnessed insider selling earlier this week whereby the company’s director Robert Bailey unloaded 2,000 shares on the open market and exchanged every share for an average price of $23.06, thus generating $46,120 in proceeds. The director is now left owning about 135,751 shares of MU whose estimated value is $3.1 million. The stock of Micron Technology, Inc. (NASDAQ:MU) hit $23.31 on Wednesday after gaining 1.35 percent per share.
