Intel Corporation (NASDAQ:INTC) hires some of the best talent in the world and the innovations that the company routinely comes up with are a testament for it. While earlier it used to be tough to compare the talent that companies attract, now all thanks to the hackathons that are organized regularly at Silicon Valley, one gets a fair idea of how good employees from a particular company are.  Intel Corporation (NASDAQ:INTC) again proved that it has some of the best brains in innovation, when a team comprising of Intel Service Group engineers won the first prize at  TechCrunch Disrupt 2014. The company proudly announced this news by issuing a press release recently.

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Intel Corporation (NASDAQ:INTC)’s team built an application called ‘Shower with Friends’ in less than 24 hours and went on to win the first prize among the 132 teams that participated in the competition. The App was built using Intel® Galileo Gen 2 development board and helps in conserving water by letting people compare their actual water usage.

As of June 30, 2014, Ken Fisher‘s Fisher Asset Management owns over 18 million shares in Intel Corporation (NASDAQ:INTC).

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Ritesh Anan is a full-time derivatives trader. Though he firmly believes in the power of Technical Analysis, he is also a lifelong student of macroeconomics. In his free time, he reads anything and everything that comes from Robert J. Shiller, George Soros and Nassim Nicholas Taleb.