The SharePoint hacks increase pressure on Microsoft's Secure Future Initiative, which the company calls an ambitious effort expected to take years to complete (Andrew Martin/Bloomberg)

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— Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek outside investment for the business unit.

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The SharePoint hacks increase pressure on Microsoft's Secure Future Initiative, which the company calls an ambitious effort expected to take years to complete (Andrew Martin/Bloomberg)

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