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World No. 1 chipmaker Intel Corp will be given the go-ahead from the EU for its $16.7 billion bid for Altera Corp , its largest ever deal, two people familiar with the matter said on Friday. The U.S. company is looking to Altera to reinforce its portfolio of higher-margin chips used in data centers and to focus on chips for cars, watches and other devices in a future “Internet of Things.” The U.S. Department of Justice cleared the deal unconditionally last month while other agencies such as the Chinese are also looking at the bid. The European Commission will clear the deal without requiring concessions from Intel as it does not see any competition issues, the sources said.

By Ritsuko Ando LAS VEGAS (Reuters) – Sony Corp Chief Executive Kazuo Hirai on Tuesday said he does not expect the November cyber attack on the company's film studio to have a significant financial impact, two weeks after the studio rolled out the movie at the heart of the attack. The studio, Sony Pictures Entertainment, said separately that the film, “The Interview,” has generated revenue of $36 million. Hirai told reporters at the Consumer Electronics Show in Las Vegas that he had signed off on all major decisions by the company in response to the attack, which the U.S. …