graphics

Intel Settles Legal Dispute With Nvidia for $1.5 Billion

Intel Corp. (INTC) agreed to pay rival Nvidia (NVDA) $1.5 billion so that the chip giant can use Nvidia technology. The deal ends a legal battle between the two companies. Intel had previously sued Nvidia over the right to keep making an Intel-designed chip, BBC News reported. Nvidia then counter-sued.

Adobe Shares Slide on Disappointing Guidance

Adobe Systems's fiscal third-quarter earnings beat analyst expectations, but share prices plunged in after-hours trading after the largest maker of graphic-design software released lower-than-expected guidance for the fourth quarter.