Intel shows off one teraflop chip

Intel has developed an accelerator chip capable of running at speeds of one teraflop, equal to one trillion calculations per second, reports the BBC.

The firm showed off the chip, dubbed Knights Corner, on a test machine at a supercomputing conference in Seattle. Computer power on this scale is used to solve a range of problems in fields such as weather forecasting, molecular modelling and car crash simulations.

The chip pits Intel against rival add-on processors from Nvidia and AMD.

The US federal government has shut down dozens of Internet scam artists who had been paying Google to run ads making bogus promises to help desperate homeowners scrambling to avoid foreclosures, the Associated Press reports.

The crackdown announced yesterday renews questions about the role that Google's massive advertising network plays in enabling online misconduct.

It may also increase the pressure on the company to be more vigilant about screening the marketing pitches that appear alongside its Internet search results and other Web content.

Apple has met with environmental groups in China in a bid to quell concerns about pollution caused by its Chinese manufacturers, according to the BBC.

The move comes after a report in August alleged that some Apple manufacturers were discharging harmful pollutants.

The Institute of Public and Environmental Affairs said the technology giant had shared its plans to address the issues during the talks.

Disney president and CEO Robert Iger will pull in just over six figures after joining Apple's board, when considering both his annual retainer and his initial grant of restricted stock units, according to Cnet.

In an SEC filing yesterday, Apple noted that Iger - who joined Apple's board of directors on Tuesday - will get “the standard $50 000 annual retainer” which is to be paid out in quarterly instalments.

Additionally, Iger gets an initial grant of 142 restricted stock units, as part of the company's Director Plan, worth about $55 000 based on Apple's current trading price. According to Apple's annual proxy filing earlier year, those shares are set to vest in February.