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Intel Developing Internet TV Service

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    FBN's Adam Shapiro breaks down late-afternoon market news.

  • Duration 0:59
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I'm -- -- barely -- Fox Business -- for the Goldman Sachs technology and Internet conference today apple CEO Tim Cook was asked whether apple.

Would use its cash to make a large acquisition and what your strategy is on buying other companies.

In terms of the large acquisition.

We have looked more company.

In.

And Intel says the rumors are true -- is developing an Internet TV service and set top box.

Intel made the announcement at an all things digital event the chipmaker says it's coaching the project -- an all in one solution.

One that includes not only -- TV but on demand catch -- TV and asked as well Intel shares are up nearly 1% that's the latest from the Fox Business Network.

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