One Tech Stock Outlook

Intel reported stronger-than-expected earnings and said that it believed the slumping computer sales market had “bottomed out.” Wall Street’s response: Sell ‘em. The chip giant’s shares are off four percent, dragging on the Nasdaq Composite and raising some questions about the tech sector generally. This bout of pessimism is probably a bit overdone and reflects more what’s happened in the past few months than what happened yesterday.

Dave Kansas Out at Dow Jones-IAC Finance Site FiLife

FiLife, the personal finance site co-owned IAC and Dow Jones, has a new boss. The company has brought in Ezra Kucharz, formerly an executive at online games company Oberon Media and at NBC’s iVillage, as president. He replaces Dave Kansas, a business news veteran. Kansas will stay on as an editor-at-large.