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Trump confirms US government’s 10% stake in Intel, stock climbs

After hinting at it earlier this week, President Trump confirmed today during a World Cup press briefing, that the U.S. government will take a 10% stake in Intel, capping a pretty eventful two-week stretch. Here’s how that happened. A bit of context Two weeks ago, Trump called for Intel CEO Lip-Bu Tan’s resignation due to “highly CONFLICTED” ties with China: before joining Intel, Tan led Cadence Design, a firm that recently pleaded guilty to an investigation by the Justice Department over char

The US government is taking a 10 percent stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still forthcoming, Reuters reports. News of a plan to convert Intel's previously promised CHIPS Act funding into equity in the company was first reported earlier in August. A meeting between Intel CEO Lip-Bu Tan and Trump following the President's call for Tan to resign seems to be the source of the deal. "H

We Tried Universal’s Radical (and Rad-Filled) ‘Fallout’ Food for Halloween Horror Nights

Universal Studios Halloween Horror Nights is bringing the wasteland from Fallout to life in more ways than the haunted house inspired by the hit Prime Video show and video game. io9 was recently invited to HHN Hollywood’s food tasting to try the frightful fare coming to the spooky season haunt event. We had the option to preview selections from menu items and merch inspired by this year’s slate of horror IPs coming to the theme park, including Terrifier, Five Nights at Freddy’s, and the Jason (

Trump says US will take 10% stake in Intel because CEO wants to “keep his job”

Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan. Trump had previously called for Tan to resign, accusing the CEO of having "concerning" ties to the Chinese Communist Party. During their meeting, the president claimed that Tan "walked in wanting to keep his job and he ended up giving us $10 billion

Topics: 10 agreed intel tan trump

US government plans to take a 10% stake in Intel

The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal. Intel declined to comment. The news comes during a pivotal — and recently volatile — time for Intel. CEO Lip-Bu Tan is currently restructuring the chipmaker, shuttering certain divisions and laying off workers in a bid to focus on its core bu

Trump says the US is taking a 10 percent stake in Intel

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. President Donald Trump has confirmed that the US will take a 10 percent stake in Intel. During a press conference on Friday, Trump said Intel CEO Lip-Bu Tan agreed to give the government the stake, which is valued at around $10 billion. Earlier this month, Trump

At This Point, It’s Impossible to Know What the Trump Phone Looks Like

It's been over two months since Trump Mobile announced the T1 Phone was being “Made in the USA” designed “with American values in mind,” and it seems that anyone deciding to preorder it still can’t be sure exactly what phone they might receive. In posts on X and Instagram on Wednesday, the Trump Mobile account encouraged followers to place their preorder, promising them that “the wait is almost over.” This was joined by an image that looks nothing like the one of the T1 phone that's currently o

Android will soon let you decide if your Pixel can lower your loud headphone volume

Bogdan Petrovan / Android Authority TL;DR Google may soon roll out a new “Hearing Wellness” settings page to Pixel devices that lets you control whether the OS will notify you and/or take proactive action on your prolonged exposure to loud audio. The feature builds upon an OS-level ‘sound dose’ feature that automatically lowers your headphones’ volume to safer limits to prevent any hearing loss. In certain regions, the ‘sound dose’ feature is turned on by default and cannot be turned off even

Trump is forming a 'National Design Studio' to spruce up government websites

The Trump administration is forming a "National Design Studio," with the aim of improving government websites and the efficiency of digital services at federal agencies. Trump has already signed an executive order to create the studio. According to Reuters, the president will appoint Airbnb co-founder Joe Gebbia as the head of the new organization, which one of its sources described as a stripped-down version of the Department of Government Efficiency (DOGE). DOGE, which was once led by Elon Mu

US to review all 55M visas to check if holders broke rules

US to review all 55 million visas to check if holders broke rules US Secretary of State Marco Rubio has announced several measures this year to curb immigration President Donald Trump has made anti-immigration the cornerstone of his second administration, from mass deportations and full-on travel bans on countries to revoking 6,000 student visas. Visas will be revoked if there are indications of "overstays, criminal activity, threats to public safety, engaging in any form of terrorist activit

TikTok to lay off hundreds of UK content moderators

TikTok to lay off hundreds of UK content moderators 30 minutes ago Share Save Tom Gerken Technology reporter Share Save Getty Images TikTok is planning to lay off hundreds of staff in the UK which moderate the content that appears on the social media platform. According to TikTok, the plan would see work moved to its other offices in Europe as it invests in the use of artificial intelligence (AI) to scale up its moderation. "We are continuing a reorganisation that we started last year to stre

Like it or not, your Pixel will now lower your headphones’ loud audio

Bogdan Petrovan / Android Authority TL;DR Google is bringing a new “Hearing Wellness” feature to Pixel devices to notify you about prolonged exposure to loud audio. The feature will lower your headphones’ volume to safer limits to prevent any hearing loss. The feature is turned on by default and cannot be turned off in certain regions. Continued exposure to loud volumes is linked with potential permanent ear damage, and with the prevalence of in-ear wireless earbuds, concerns about hearing l

The case against humans in space

“Going to space will not end war because war isn’t caused by anything that space travel is apt to change, even in the most optimistic scenarios,” they write. “Humanity going to space en masse probably won’t reduce the likelihood of war, but we should consider that it might increase the chance of war being horrific.” The pair imagine rival space nations exchanging asteroid fire or poisoning whole biospheres. Proponents of space settlements often point to the fate of the dinosaurs as motivational

Trump Mobile’s latest T1 phone teaser fails to hide an epic Photoshop blunder

Trump Mobile TL;DR Trump Mobile is now advertising a new design for its upcoming T1 smartphone. If it looks familiar, that is because the team has now picked up the Galaxy S25 Ultra to showcase the design. Funnily, the image now used by Trump Mobile hides a logo from casemaker Spigen, suggesting the former lifted off media from the latter’s catalog. Trump Mobile can’t stick to a single phone design for its trumpeted phone, which is set to launch in the US next month. After recently showcasin

QLED vs. LED: Which Is Better?

Two of the most popular TV technologies are QLED and the Q-less, regular LED. These two technologies are functionally similar, but their performance tends to be quite different. Generally speaking, QLED TVs are typically more expensive (though that price difference has decreased significantly in the last few years), but are also usually brighter and have better colors. It's worth mentioning up front that both QLED and traditional LED TVs are versions of LCD. They both use LCD panels to create a

Topics: dots led qled quantum tvs

Apple Watch helps user discover life-changing brain tumor

The Apple Watch’s health features have once again played a part in flagging a potential health problem. A 57-year-old woman from Brighton, East Sussex says her Apple Watch alerted her to an issue that ultimately led doctors to uncover a brain tumor. Sam Adams told The Sun that her Apple Watch repeatedly flagged an unusually low heart rate after she returned from a trip to Costa Rica. At the time, she was recovering from personal losses including losing a parent, a pet, and her marriage. Adams b

71% of Americans fear that AI will put 'too many people out of work permanently'

erhui1979/DigitalVision Vectors via Getty Images Follow ZDNET: Add us as a preferred Google source on Chrome and Chromium browsers. ZDNET's key takeaways Over 70% of US adults worry about AI displacing human workers. Some tech leaders have already forecasted huge job displacement. Over 75% of respondents are concerned about "political chaos." The majority of Americans are concerned about the potential impacts of AI across a number of key issues, including the job market and political stabi

‘Star Trek: Strange New Worlds’ Did a Documentary Episode That Should’ve Been Killed in the Edit

Star Trek: Strange New Worlds is, at this point, very clearly a series that is unafraid to dabble in its format on a regular basis. That can lead to episodes of Star Trek that don’t necessarily look or feel like what we expect of Star Trek, even if they still play with ideas and approaches that fit into what the franchise has done for generations now. This week’s Strange New Worlds definitely fits into both of those ideas, with an episode in a new format, an in-universe documentary, and an episo

Best Cordless Vacuums: A New Winner Emerges and It's Cheap, Too

Many cordless vacuums come with anti-tangle brushrolls better suited for pet hair. Getty Images/Amy Kim/CNET Eureka Eureka RapidClean Pro: The RapidClean Pro from Eureka is another affordable cordless stick vacuum that you can get for less than $200. It offers generally solid performance, removing 94% sand from hardwood, 64.8% from low-pile and 60% from midpile carpets. However, like many vacuums in this price range, it's edged out in performance by other picks that earn a spot on our best lis

Longtime Bungie head Pete Parsons steps down

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Bungie CEO Pete Parsons has announced that he’s leaving the company one decade after taking on the role. In an update on Thursday, Parsons wrote that he has “decided to pass the torch” to longtime Bungie developer Justin Truman. Parsons has worked at Bungie for

Best Cordless Vacuums: A New Winner Emerges and Its Cheap, Too

Many cordless vacuums come with anti-tangle brushrolls better suited for pet hair. Getty Images/Amy Kim/CNET Eureka Eureka RapidClean Pro: The RapidClean Pro from Eureka is another affordable cordless stick vacuum that you can get for less than $200. It offers generally solid performance, removing 94% sand from hardwood, 64.8% from low-pile and 60% from midpile carpets. However, like many vacuums in this price range, it's edged out in performance by other picks that earn a spot on our best lis

If You're a Millennial, We Have Bad News About Your Rapidly Impending Death

Image by Getty / Futurism As the world was emerging from the turmoil of COVID in 2023, insurers noticed an alarming trend: Americans were dying at a significantly higher rate compared to other countries. Anyone familiar with the way the US handled the viral outbreak — especially compared to similar countries — might not be surprised. But while the pandemic certainly contributed to a spike in deaths, expectations of a return to pre-pandemic mortality rates were smashed as number crunchers notic

Space Force Launching Secretive Experimental Spacecraft With Quantum Equipment on Board

It's serving an important purpose. Quantum of Orbit Less than six months after concluding a year-plus mission in orbit, the Space Force's top-secret X-37B space plane is gearing up for its eighth mission in just over 15 years. As the Orlando Sentinel reports, the enigmatic, Boeing-built spacecraft is set to launch from the Kennedy Space Center’s historic Launch Pad 39A later this evening, carrying some intriguing-sounding scientific equipment with it into orbit. The Space Force, in collabora

Marines managed to get past an AI powered camera "undetected" by hiding in boxes

In what sounds like a scene from a comedy movie, a squad of Marines successfully outsmarted an advanced artificial intelligence system by employing tactics that would make any child playing hide-and-seek proud. The remarkable demonstration revealed both the impressive capabilities and surprising limitations of modern AI technology. The experiment took place as part of DARPA’s Squad X program a while back. It aimed to develop advanced surveillance systems capable of identifying human threats in

Trump’s Stance on Science Is Starting to Look Uncomfortably Soviet

In the fall of 1925, agronomist Trofim Lysenko arrived on the dusty plains of what is now Azerbaijan, hoping to keep cows from starving to death over the winter. The young scientist, who learned to read as a teenager during the Russian Revolution, dismissed the rapidly advancing field of genetics. He believed nature could be bent to human will. Lysenko denounced the idea that genes pass traits down as a “degradation of bourgeois culture,” and couldn’t understand why cows bred to produce more mi

PS5 Prices Go Up Today. Here's How Much and Why

Sony will increase the prices of its PlayStation 5 consoles in the US, starting today. This follows the trend of console manufacturers such as Microsoft and Nintendo raising prices for their hardware in response to tariffs. The PlayStation-maker posted about the price change Wednesday. The jump in price is $50 more than the current price for each model. The new prices are: "Similar to many global businesses, we continue to navigate a challenging economic environment," Sony said in a post abou

The first update for Proton's privacy-focused chatbot offers major performance improvements

In July, Proton, the company behind Proton Mail , released Lumo , a privacy-focused AI chatbot. Now, just under a month later, Proton has begun rolling out Lumo 1.1 to both free and paying users, and according to the company, the updated assistant "performs significantly better across the board" relative to its predecessor. Just how much better is the new version of Lumo? Proton claims it offers a 170 percent improvement in context understanding, meaning the chatbot is able to more accurately a

Can AI Predict Powerball Numbers?

With the Powerball ballooning to $650 million after Wednesday’s drawing, hopeful players have been asking: Is winning the lottery a matter of luck or something that science and artificial intelligence can predict? Three students at the University of Salento in southern Italy say that science wins out. They say they used AI to analyze patterns from past draws to predict future winning numbers. Their experimental approach resulted in a €43,000 jackpot in April, which now has people wondering if

Trump's Nvidia and Intel meddling is a 'scattershot method of crony capitalism': Walter Isaacson

President Donald Trump's dealings with Intel and Nvidia amount to a "scattershot method of crony capitalism," Walter Isaacson said Thursday. "That state capitalism often evolves into crony capitalism, where you have favored companies and industries that pay tribute to the leader, and that is a recipe for not only disaster, but just sort of a corrupt sense of messiness," he told CNBC's "Squawk Box." The Tulane University professor, widely known for his recent Elon Musk biography, argued that th

Google Discover wants to summarize your daily news feed (Updated: Rolling out)

Joe Maring / Android Authority TL;DR Google is testing AI summaries for articles in the Discover feed. Like AI overviews in Google Search, Discover feed summaries combine information from multiple sources instead of just referencing one. Google is also testing a new button to bookmark articles that can be revisited later. Update, August 21, 2025 (08:24 AM ET): Google Discover’s AI summaries for news articles is now widely rolling out in the stable branch. Original article, July 15, 2025 (05