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Sources said Intel offered $54 a share after reviewing Altera’s non-public information, but the bid was rejected.
The goal is to control the circuitry involved in psychiatric or neurological disorders.
First-quarter revenue was ahead of expectations, but operating profit dropped 61 percent.
Users can pay any person or merchant who accepts bitcoin without ever holding bitcoin themselves.
More progress in a long turnaround.
First-quarter revenue also missed expectations.
“This year, our entire group headcount will not go up by one person,” Executive Chairman Jack Ma told staff.
Amazon Business will connect individual businesses with suppliers, with some added benefits.
Results were bolstered by growth in high-tech auto parts.
The case involves two wireless cellular patents owned by InterDigital, a patent licensor.