Intel Corporation provided revised revenue guidance for the third quarter ended September 30, 2010. Revenue to be $11.0 billion, plus or minus $200 million, compared to the previous expectation of between $11.2 and $12.0 billion. Revenue is being affected by weaker than expected demand for consumer PCs in mature markets.

Intel Corporation Presents at AutoVenture Forum, Sep-22-2010 . Venue: Rock Financial Showplace, Novi, Michigan, United States.

Intel Corporation, Nokia and the University of Oulu opened the Intel and Nokia Joint Innovation Center. It will employ about two dozen R&D professionals and become the latest member of Intel's European Research Network, Intel Labs Europe. Initially the lab will conduct research for new and compelling mobile user experiences that could leverage the rapidly increasing capabilities of mobile devices. Creating interfaces that are more similar to interactions in the real world can enable experiences that are more natural and intuitive, in the same way that modern games and movies are more immersive through the use of realistic 3-D graphics. The new lab is well aligned with the MeeGo open source platform recently launched by Intel and Nokia. MeeGo provides the greatest flexibility for developing new 3-D experiences on mobile devices as much of the lab's research activity will also be open source. Another potential area of research could look into technologies that allow displaying a 3-D hologram of the person are talking to on the phone, a capability only found in science fiction movies. Consumers will feel more involved and engaged with their mobile experience than with current methods. The lab will be located at the Center for Internet Excellence at the University of Oulu, and will work closely with the Oulu Urban Living Labs, which provide a unique environment for sensor research, testing and piloting technological and social innovations. The Intel and Nokia Joint Innovation Center follows a successful industry and academia collaboration model similar to the ones of Intel Labs Barcelona and the Universitat Politecnica de Catalunya in Spain, the Intel Visual Computing Institute and the Saarland University in Germany or Intel Labs Berkeley at the University of California at Berkeley in the United States.