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U.S. government takes 10% stake in Intel

news.ycombinator.com Kif Leswing 2025-11-06 03:01:52

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in embattle chipmaker Intel, the Trump administration's latest effort to exert control over corporate America. Intel shares rose about 6% during trading on Friday. They were flat in extended trading. Intel, the only American company capable of making ad

Topics: company government intel said shares

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U.S. officially takes 10% stake in Intel

cnbc.com Kif Leswing 2025-11-06 08:42:28

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. White House officials previously told CNBC that Trump and Intel CEO Lip-Bu Tan will meet on Friday afternoon. Lutnick's post included a photo with Tan. "They've agreed to do it and I think it's a great deal for them," Trump told reporters Friday at the White House Earlier on Friday, President Donald Trump said the government should get about 10% o

Topics: chips company government intel said

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Cybersecurity firm Netskope files to go public on the Nasdaq

cnbc.com Samantha Subin 2025-11-06 08:40:12

Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol "NTSK," the company said in an initial public offering filing Friday. The Santa Clara, California-based company said annual recurring revenue grew 33% to $707 million, while revenues jumped 31% to about $328 million in the first half of the year. But Netskope i

Topics: company half million netskope year

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Despite Dismal Sales, Tesla Thinks You’ll Pay More for a Cybertruck

gizmodo.com Lucas Ropek 2025-11-06 08:10:37

Tesla’s Cybertruck is widely viewed as an “unmitigated” commercial disaster, but that hasn’t stopped the company from deploying a variety of sales gimmicks to try to squeeze just a little more money out of the flop vehicle. This week, Tesla launched a new version of its most expensive Cybertruck variants, known as the “Cyberbeast.” Tesla has marketed the “beast” as its most heavy-duty, high-powered variant, and originally promoted it with a video of the truck towing a Porsche while also racing

Topics: 000 car company cybertruck tesla

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Apple drags ex-Apple Watch engineer to court over Oppo trade secret leak

9to5mac.com Marcus Mendes 2025-11-06 12:15:14

Every now and then, we hear about Apple going after ex-employees who allegedly try to take trade secrets with them when they get hired by the competition. That’s the case with Chen Shi, a former Sensor System Architect for the Apple Watch team. Here are the details. According to Apple’s claim, Shi worked at the company from January 2020 until a couple of months ago, when he left to go work for Oppo, a Chinese company that also makes phones and wearables, like the Oppo Watch. Apple says that in

Topics: apple company information oppo shi

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Intel stock rises as Trump says chipmaker has agreed to sell stake to government

cnbc.com Kif Leswing 2025-11-06 17:52:53

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will take an equity stake in the struggling chipmaker. Following the report, President Donald Trump said the government should get about 10% of the company, which has a market cap of just over $100 billion. "Th

Topics: chips company government intel said

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Apple is in talks to use Google’s Gemini for Siri revamp, report says

techcrunch.com Amanda Silberling 2025-11-06 17:15:08

In Brief Apple is falling behind in the race to transform Siri into an AI assistant that’s as powerful as its competitors. As consumers grow more impatient, Apple is considering using another company’s tech instead of developing its own. Apple is now exploring a partnership with Google, its most direct competitor in the smartphone business, according to Bloomberg editor and Apple insider Mark Gurman. The company previously approached OpenAI and Anthropic for similar discussions about using th

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The Division 2: Survivors will bring 'survival extraction' to the series

engadget.com Unknown 2025-11-06 22:19:48

On Friday, Ubisoft announced… something. The company describes The Division 2: Survivors as "an updated take on the survival extraction experience." Is it DLC? Is it a new game mode? We have no idea. But Ubisoft said it will "strive for transparency during its development." Unfortunately, that didn't apply to its announcement. Ubisoft said Survivors is in its early stages, which may explain the lack of detail. Other media outlets have reported that it will come in 2026. But the company's franch

Topics: company development division survivors ubisoft

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TikTok Shifts to AI Moderation With Mass Layoffs

gizmodo.com Riley Gutiérrez Mcdermid 2025-11-06 22:52:11

Social media giant TikTok made a major symbolic move today by canning hundreds of UK and Asian moderators as it attempts to integrate artificial intelligence into more processes throughout the company. The Chinese tech giant said that workers displaced in the move will have priority in hiring if they meet unspecified criteria. The company did not disclose the exact number of people laid off from its 2,500 in the UK, the Wall Street Journal reports. The BBC reports that the move was immediately

Topics: ai company safety tiktok workers

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‘Dandadan’ Studio Apologizes for Its Exorcism Rock Opera Homaging Too Close to the Sun

gizmodo.com Isaiah Colbert 2025-11-07 03:00:43

As the second season reaches its midpoint, Dan Da Dan studio Science Saru has been unapologetic about its abundant references to pop culture and music as it adapts Yukunobi Tatsu’s manga, which is also pretty heavy-handed with similar nods and homages. However, the studio recently issued an apology to the Japanese rock band, X Japan, following an homage featured in an episode centered around a power metal exorcism song that may have homaged too close to the sun. In a post on its official X/Twit

Topics: da dan japan song yoshiki

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Elon Musk’s New Software Company Is the Opposite of Microsoft

gizmodo.com Matt Novak 2025-11-07 03:16:00

Elon Musk, the world’s wealthiest gooner, has a new software company. And in typical Musk fashion, he’s given it a name that only a teenager stuck in a 54-year-old’s body would truly appreciate. The name is Macrohard, a play off the name Microsoft, and Musk knows it’s an immature joke about penises. But that kind of humor has never stopped him from raising billions of dollars before. “Join @xAI and help build a purely AI software company called Macrohard,” the billionaire tweeted Friday. “It’s

Topics: ai company microsoft musk software

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AYANEO’s ‘budget-friendly’ handheld doesn’t sound all that budget-friendly

androidauthority.com Unknown 2025-11-07 08:42:00

TL;DR AYANEO announced that it will hold a live sharing session on August 23 at 12:00 AM PST. The session will be focused on the KONKR Pocket FIT. The company revealed that the handheld’s starting price will be less than $369. Not that long ago, AYANEO announced it was launching a sub-brand called KONKR that focuses on creating budget gaming devices. The first device under this sub-brand will be the KONKR Pocket FIT. Since the announcement, the company has revealed almost everything we need t

Topics: company fit handheld konkr price

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Ooni's Labor Day sale includes 30 percent off the Volt 12 pizza oven

engadget.com Unknown 2025-11-07 08:09:09

Ooni is currently running a nice little Labor Day sale , which includes discounts on a number of pizza ovens and related products. The highlight here is likely the Volt 12 indoor pizza oven , which has been slashed by 30 percent. That brings the price down to $629. The Volt 12 is an electric pizza oven that operates indoors, a first for the company. We praised the unit in our official review , saying that it "works just as well" as the company's indoor models. It preheats quickly and the interi

Topics: 12 company indoor oven pizza

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Astronomer’s New CEO Speaks—Yes, About That

wired.com Steven Levy 2025-11-07 08:00:00

The only people from Astronomer attending the Coldplay concert in Foxborough, Massachusetts, on July 16 were CEO Andy Byron and his head of HR, Kristin Cabot. They were swaying in mid-hug when the roving kiss cam, a staple at the band’s performances, zeroed in on them. You have probably seen the clip of what happened next. The two of them scrambled like kids caught raiding a cookie jar. Even Coldplay’s anodyne frontman Chris Martin couldn’t ignore their response. “They’re either having an affair

Topics: astronomer company dejoy firm says

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Waymo approved to start autonomous vehicle testing in New York City

techcrunch.com Sean O'Kane 2025-11-07 12:19:05

Waymo has been granted a permit to test its autonomous vehicles in New York City, the first such approval granted by the city. The company told TechCrunch it plans to start testing “immediately.” The company is allowed to deploy up to eight of its Jaguar I-Pace SUVs in Manhattan and Downtown Brooklyn through late September. Waymo’s vehicles must have a trained safety operator in the driver’s seat, with at least one hand on the wheel at all times. The company cannot pick up passengers (since it

Topics: city company new permit waymo

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Developer gets prison time for sabotaging former employer’s network with a ‘kill switch’

techcrunch.com Zack Whittaker 2025-11-07 12:26:34

In Brief A former software developer has been sentenced to four years in prison for sabotaging his former employer’s network after leaving the company. Davis Lu, 55, was convicted of installing a “kill switch” on the network of his former employer by planting malicious code designed to crash its servers in the event that he was fired. The kill switch was activated when the company terminated Lu’s employment and deactivated his credentials, causing the kill switch, “IsDLEnabledinAD” — referrin

Topics: company employer kill lu said

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NVIDIA reportedly stops production of H20 AI chips

engadget.com Unknown 2025-11-07 17:30:20

NVIDIA has reportedly asked its suppliers to halt production related to its H20 AI chips for the Chinese market. According to The Information, the company told Arizona-based Amkor Technology and Samsung Electronics to put a pause on their work for the H20. Amkor produces advanced packaging for the H20 chips, while Samsung supplies memory for NVIDIA. Reuters has also reported that NVIDIA asked Foxconn, which is in charge of backend processing for the chip, to suspend its work. "We constantly mana

Topics: china chinese company h20 nvidia

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What the Hell Is Going On?

news.ycombinator.com Unknown 2025-11-07 10:08:01

What the hell is going on right now? Engineers are burning out. Orgs expect their senior engineering staff to be able to review and contribute to “vibe-coded” features that don’t work. My personal observation is that the best engineers are highly enthusiastic about helping newer team members contribute and learn. Instead of their comments being taken to heart, reflected on, and used as learning opportunities, hapless young coders are instead using feedback as simply the next prompt in their “A

Topics: ai company right time work

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Trump administration official says some CHIPS Act companies won't need to give up equity

engadget.com Unknown 2025-11-07 22:30:41

Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, not all companies receiving funds under the same program will need to give up equity, The Wall Street Journal has reported. Companies like TSMC and Micron that increased their US investments won't have any additional obligations, according to a government official familiar with the matter. Ealier, c

Topics: chips companies equity money tsmc

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Dev gets 4 years for creating kill switch on ex-employer's systems

bleepingcomputer.com Unknown 2025-11-08 06:46:26

A software developer has been sentenced to four years in prison for sabotaging his ex-employer's Windows network with custom malware and a kill switch that locked out employees when his account was disabled. Davis Lu, 55, a Chinese national living legally in Houston, worked for an Ohio-based company, reportedly Eaton Corporation, from 2007 until his termination in 2019. After a corporate restructuring and subsequent demotion in 2018, the DOJ says that Lu retaliated by embedding malicious code

Topics: account causing company kill lu

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Trump Mobile is promoting its smartphone with terribly edited photos of other brands' products

engadget.com Unknown 2025-11-08 17:29:43

Since it was announced in June, Trump Mobile has committed to an increasingly-surreal smoke-and-mirrors approach to its promised T1 smartphone. Despite the initial claims that the phone would be made in the United States, it seemed highly unlikely from the start that it was accurate. The "Made in USA" claims were quietly removed from the Trump Mobile website at a later date. AppleInsider spotted the latest bizarre wrinkle to this story, which is that the actual phone still does not exist. The p

Topics: claims company image phone photo

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Workday beats estimates but CEO warns of challenges in education and government

cnbc.com Jordan Novet 2025-11-08 22:34:36

CEO of Workday Carl M. Eschenbach and Ana Eschenbach attend the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2025. Workday reported an earnings beat on Thursday, but issued guidance that was inline with estimates and warned of pressure in some areas. The shares slipped in extended trading. Here's how the company did relative to LSEG consensus: Earnings per share: $2.21 adjusted vs. $2.11 expected $2.21 adjusted vs.

Topics: billion company quarter revenue workday

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In the long run, LLMs make us dumber

news.ycombinator.com .Wp-Block-Post-Author Box-Sizing Border-Box Display Flex Flex-Wrap Wrap .Wp-Block-Post-Author__Byline Font-Size Margin-Bottom Margin-Top Width 2025-11-08 20:10:39

The comfort we get when offloading our cognitive load to LLMs is bad for us. Cognitive load should exist, and if we reduce it too much – if we stop thinking – we can actually unlearn how to think. Kids who always choose the easy route and copy their homework from other students eventually find themselves completely clueless about what’s going on in school. Someone who always lets their spouse handle all the bills and banking may one day be unable to manage even a simple payment on their own. A

Topics: cognitive group llm participants thinking

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MIT report misunderstood: Shadow AI economy booms while headlines cry failure

venturebeat.com Michael Nuñez 2025-11-09 03:21:41

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now The most widely cited statistic from a new MIT report has been deeply misunderstood. While headlines trumpet that “95% of generative AI pilots at companies are failing,” the report actually reveals something far more remarkable: the fastest and most successful enterprise technology adoption in corporate history is happening right under exec

Topics: ai companies corporate mit tools

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Tech groups back Apple in fight over attorney–client privilege limits in Epic Games case

9to5mac.com Marcus Mendes 2025-11-09 03:04:32

Two organizations filed a joint amicus brief, siding with Apple over a U.S. District Judge Yvonne Gonzalez Rogers ruling on attorney–client privilege limits in the Epic Games lawsuit. Here are the details. Abuse of privilege When Judge Yvonne Gonzalez Rogers ordered Apple in April to fully comply with her 2021 App Store injunction, she also denied Apple’s motion to remove certain records, based on attorney–client privilege. Some of these records were e-mail chains, which included in-house att

Topics: apple companies counsel judge privilege

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Forget GPT-5: OpenAI's GPT-6 might launch sooner than you think

zdnet.com Sabrina Ortiz 2025-11-09 03:11:52

Tharon Green/ZDNET/Open AI/Getty Images ZDNET's key takeaways As the paint on GPT-5 dries, OpenAI is already working on GPT-6. The model's biggest differentiator seems to be deeper personalization. OpenAI is keeping an increasingly brisk pace on the path toward AGI. Get more in-depth ZDNET tech coverage: Add us as a preferred Google source on Chrome and Chromium browsers. At the beginning of August, OpenAI launched its much-anticipated GPT-5 family of models. While the launch was somewhat

Topics: altman company gpt launch openai

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Meta Freezes AI Hiring as Fear Spreads

futurism.com Unknown 2025-11-09 08:18:30

Mark Zuckerberg's Meta is freezing all hiring in its artificial intelligence division. As the Wall Street Journal reports, the company characterized the hiring freeze as "basic organizational planning," coinciding with a broader restructuring of its AI division's leadership. It's a notable admission that comes as Zuckerberg has been desperately offering key talent mind-boggling financial offers, reportedly reaching $1 billion — with seriously mixed results — that highlight its frantic attempts

Topics: ai company hiring meta zuckerberg

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Man Experiences Joy For the First Time in Decades After Brain Stimulation Treatment

gizmodo.com Natalia Mesa 2025-11-09 08:05:15

A man who lived with severe, treatment-resistant depression for over 30 years is now in remission, thanks to a new brain stimulation method that targets selective areas of his brain. The man reported experiencing joy for the first time in decades after the treatment. “He was crying and saying, ‘I’m not sad, I’m just happy. I don’t know what to do with these emotions’,” the study’s first author, Ziad Nahas, a psychiatrist and professor at the University of Minnesota, told Gizmodo. Nahas and a t

Topics: brain depression participant stimulation treatment

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Why I love my Le Creuset sauté pan

theverge.com Jennifer Pattison Tuohy 2025-11-09 08:00:00

Jennifer Pattison Tuohy is a senior reviewer at The Verge covering the smart home, Internet of Things, and, as she puts it, “as many kitchen gadgets as I can get my hands on.” In her four years here, she’s tested everything from smart locks, lights, and doorbells to robot vacuums (some with arms), robot lawnmowers, and an actual home robot. But, she says, “the heart of my home is my kitchen, and I love a good smart kitchen gadget. I’ve tested a smart trash can, smart mixer, smart pizza oven, sma

Topics: creuset le pan smart use

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Feds investigate Tesla over inaccurate autopilot and FSD crash reports

engadget.com Unknown 2025-11-09 11:58:37

The National Highway Traffic Safety Administration (NHTSA) just announced an investigation into Tesla regarding its Autopilot and Full Self-Driving (FSD) systems, according to a report by Electrek. The road safety regulator says the probe involves inconsistencies with how the company reports crashes regarding the aforementioned systems. The NHTSA requires automakers to report crashes involving autonomous and driver assistance systems within five days of being notified of them. The agency claims

Topics: company crashes nhtsa systems tesla

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Latest Tech News

U.S. government takes 10% stake in Intel

U.S. officially takes 10% stake in Intel

Cybersecurity firm Netskope files to go public on the Nasdaq

Despite Dismal Sales, Tesla Thinks You’ll Pay More for a Cybertruck

Apple drags ex-Apple Watch engineer to court over Oppo trade secret leak

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Apple is in talks to use Google’s Gemini for Siri revamp, report says

The Division 2: Survivors will bring 'survival extraction' to the series

TikTok Shifts to AI Moderation With Mass Layoffs

‘Dandadan’ Studio Apologizes for Its Exorcism Rock Opera Homaging Too Close to the Sun

Elon Musk’s New Software Company Is the Opposite of Microsoft

AYANEO’s ‘budget-friendly’ handheld doesn’t sound all that budget-friendly

Ooni's Labor Day sale includes 30 percent off the Volt 12 pizza oven

Astronomer’s New CEO Speaks—Yes, About That

Waymo approved to start autonomous vehicle testing in New York City

Developer gets prison time for sabotaging former employer’s network with a ‘kill switch’

NVIDIA reportedly stops production of H20 AI chips

What the Hell Is Going On?

Trump administration official says some CHIPS Act companies won't need to give up equity

Dev gets 4 years for creating kill switch on ex-employer's systems

Trump Mobile is promoting its smartphone with terribly edited photos of other brands' products

Workday beats estimates but CEO warns of challenges in education and government

In the long run, LLMs make us dumber

MIT report misunderstood: Shadow AI economy booms while headlines cry failure

Tech groups back Apple in fight over attorney–client privilege limits in Epic Games case

Forget GPT-5: OpenAI's GPT-6 might launch sooner than you think

Meta Freezes AI Hiring as Fear Spreads

Man Experiences Joy For the First Time in Decades After Brain Stimulation Treatment

Why I love my Le Creuset sauté pan

Feds investigate Tesla over inaccurate autopilot and FSD crash reports

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