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Intel CEO turns Trump around, but his job still hangs in the balance

Last week, President Trump called for the dismissal of Intel CEO Lip-Bu Tan over “highly CONFLICTED” ties to China, further escalating an already difficult situation for the executive. Today, following a meeting, Trump appeared to soften his stance, even if partially. A quick recap Before joining Intel, Tan worked as CEO for Cadence Design Systems, a firm that just pleaded guilty to an investigation by the Justice Department over charges of “selling its chip-design products to a Chinese milit

Trump flip-flops on Intel CEO, calls him 'success' days after demanding resignation

President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended trading. "I met with Mr. Lip-Bu Tan, of Intel, along with Secretary of Commerce, Howard Lutnick, and Secretary of the Treasury, Scott Bessent," Trump wrote in a post on Truth Social. "The meeting was a very interesting one. His success and rise is an amazing story. Mr. Tan and my Cabinet members are goi

Topics: ceo intel said tan trump

Intel CEO Responds to Trump’s Threat

Intel CEO Lip-Bu Tan has responded to President Donald Trump’s call for his resignation over alleged conflicts of interest. In a memo sent to staff on Thursday, Tan said those concerns are based on “misinformation.” Tan joined the struggling chipmaker back in March. He was in the middle of trying to get the company back on track when he found himself in Trump’s crosshairs. “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem,” Trump wr

Intel CEO responds to 'misinformation' and Trump threat in letter to employees

Lip-Bu Tan, CEO of Intel, appears at an event organized by the company. Intel CEO Lip-Bu Tan addressed "misinformation" about his previous roles after President Donald Trump called for his resignation and raised ethical concerns. " I want to be absolutely clear: Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem – and I have always operated within the highest legal and ethical standards," he wrote in a memo to employees on Thursday. Tan

Topics: ceo intel lip tan trump

Apple's Rivals Are Betting Big on AI, but Tim Cook Doesn't Need to Worry

There's a battle over the future of computing. Tech giants, like Meta and OpenAI, are racing to develop a version of AI that's almost sci-fi levels of sentience, known as superintelligence. Obscene salaries are being thrown around to poach top AI engineers -- some even with reported offers of $100 million signing bonuses. Meanwhile, billions of dollars are spent to acquire companies with no products. The goal? To create an AI gadget so good that it can dethrone the iPhone. That's at least the

Topics: ai apple ceo cook iphone

Trump demands CEO of Intel resign over ties to China

is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews. Posts from this author will be added to your daily email digest and your homepage feed. President Donald Trump has called for Lip-Bu Tan to immediately resign as Intel’s CEO over his reported ties to Chinese tech firms. The demand follows Arkansas Senator Tom Cotton questioning Intel’s board chairman whether Tan’s alleged connections to Chi

Intel shares drop after Trump calls for CEO to resign immediately

Intel's CEO Lip-Bu Tan speaks at the company's Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Intel shares slipped Thursday after President Donald Trump called for the chipmaker's CEO to resign immediately. In a Truth Social post, Trump said Intel Chief Executive Lip-Bu Tan "is highly CONFLICTED and must resign, immediately. There is no other solution to this problem." Intel did not immediately respond to a request for comment. Tan was named as Intel

Trump says Intel CEO Lip-Bu Tan must ‘resign immediately’

Amidst heightening tensions with China, U.S. President Donald Trump on Thursday insisted that Intel’s CEO, Lip-Bu Tan, must step down, accusing Tan of harboring conflicts of interest. “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!” Trump wrote on his social media platform, Truth Social. Trump did not share any evidence or details of why Tan may have conflicts of interest. Trump’s po

Watch live: Apple CEO Cook joins Trump for investment announcement at White House

CEO Tim Cook will join President Donald Trump in the Oval Office for an announcement touting an update to the company's stated plans to spend and invest in the U.S. It's scheduled for 4:30 p.m. ET. Apple will raise its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official told CNBC. It will also announce a new manufacturing effort called the American Manufacturing Program, the official said. Apple shares rose 5% during tradin

Apple shares pop 5% ahead of Trump-Cook investment announcement at White House

Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company's stated plans to spend and invest in the U.S. CEO Tim Cook will join President Donald Trump for the announcement set for 4:30 p.m. ET. Apple will up its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official

Former Google Exec Warns That If You Have a Good Job Now, You Should Be Terrified of AI

As CEOs continue to boast about laying off thousands while spending tens of billions of dollars on AI infrastructure, some execs are worried about getting the axe themselves. During a podcast appearance this week, Google's former chief business officer, Mo Gawdat, warned that AI could be poised to wipe out white-collar jobs, including cushy gigs like software developers and CEOs. Unsurprisingly, Gawdat had his own AI startup to plug as well, a three-person operation dedicated to providing a Re

Former Google Exec Warns That If You Have a Good Job Now, You Should Be Very Concerned

As CEOs continue to boast about laying off thousands while spending tens of billions of dollars on AI infrastructure, some execs are worried about getting the axe themselves. During a podcast appearance this week, Google's former chief business officer, Mo Gawdat, warned that AI could be poised to wipe out white-collar jobs, including cushy gigs like software developers and CEOs. Unsurprisingly, Gawdat had his own AI startup to plug as well, a three-person operation dedicated to providing a Re

Tim Cook has now been Apple CEO for longer than Steve Jobs

The big picture: This month marks Tim Cook's 14th year as CEO of Apple. As the company looks toward future software and hardware launches, Cook remains optimistic about the Vision Pro despite its tepid reception. Meanwhile, analysts and insiders struggle to predict who his successor might be. Cook's comments on the Vision Pro, one of the signature products of his tenure, came during Apple's earnings call for the quarter ending in June. He discussed the headset's upcoming OS update and enterpris

Topics: apple ceo cook pro vision

CEOs Are Publicly Boasting About Reducing Their Workforces With AI

Pink Slip Pride Workforce reductions are no longer an admission that companies are struggling; instead, CEOs are using them to boast about their investments in AI. As the Wall Street Journal reports, CEOs are now bragging about shrinking their companies' staff, highlighting a cooling job market and an unwavering commitment to automation at all costs. Verizon CEO Hans Vestberg told investors last week that the telecom had been "very, very good" on headcount, meaning that "it's going down all t

CEO Brags That He Gets "Extremely Excited" Firing People and Replacing Them With AI

Lest you forget that many CEOs are more than willing to fire you and replace you with a shoddy AI model with sociopathic glee, here are the words of one such executive at the forefront of displacing human labor. "CEOs are extremely excited about the opportunities that AI brings," Elijah Clark, a chief executive who advises other head honchos on using AI at their companies, told Gizmodo in an interview. "As a CEO myself, I can tell you, I'm extremely excited about it. I've laid off employees mys

Topics: ai ceos clark told work

Meet the minds shaping AI: TechCrunch Disrupt 2025 AI Stage revealed

At TechCrunch Disrupt 2025, the AI Stage comes alive with the voices shaping the future of technology, creativity, and security. Top VCs reveal what it takes to win funding in a rapidly evolving landscape, as they place bets on the next wave of AI founders. Hear groundbreaking insights from leaders at visionary startups like Apptronik, ElevenLabs, Hugging Face, Runway, Wonder Dynamics, Writer, and Wayve — pioneers redefining the future of tech. These leaders, and many more below, represent the

Google gets its swag back

This week, I take a look at the surprisingly strong state of Google, Meta gets a new chief AI researcher, and more. If you haven’t already, be sure to check out this week’s Decoder episode about deepfakes and where they are headed. Also, do you use an AI coding tool like Cursor or GitHub Copilot? I’d love to know what works and what doesn’t… “I think we are doing very well through this moment” After spending time with Google executives during the company’s I/O conference in May, it was clear

Indiegogo is getting acquired by Gamefound, a board game crowdfunding company

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Indiegogo is being acquired by the board game crowdfunding platform Gamefound, which plans on “integrating Indiegogo’s global community of 38 million members with Gamefound’s state-of-the-art crowdfunding technology,” the companies announced this morning. Gamefound has built “the best tech in crowdfunding, hands down,” Indiegogo CEO Julie dePontbriand tells The Verge. “By joi

Sonos gets to keep its CEO, as a treat

Sonos’ Very Bad 2024 is well documented. Its redesigned app endured a disastrous launch, to the extent that it was initially fundamentally broken. The company was then forced to delay two product launches in order to fix the botched software that its devices are so reliant on. And in the wake of the mess, the company’s then CEO Patrick Spence stepped down at the beginning of 2025. He was replaced by Tom Conrad on an interim basis, but after seemingly steadying what looked like a sinking ship, th

Sonos gets to keeps its CEO, as a treat

Sonos’ Very Bad 2024 is well documented. Its redesigned app endured a disastrous launch, to the extent that it was initially fundamentally broken. The company was then forced to delay two product launches in order to fix the botched software that its devices are so reliant on. And in the wake of the mess, the company’s then CEO Patrick Spence stepped down at the beginning of 2025. He was replaced by Tom Conrad on an interim basis, but after seemingly steadying what looked like a sinking ship, th

Replit's CEO apologizes after its AI agent wiped a company's code base

Replit's CEO, Amjad Masad, said on X that deleting the data was "unacceptable and should never be possible." Replit's CEO, Amjad Masad, said on X that deleting the data was "unacceptable and should never be possible." Stephen McCarthy/Sportsfile for Web Summit Qatar via Getty Images Replit's CEO, Amjad Masad, said on X that deleting the data was "unacceptable and should never be possible." Stephen McCarthy/Sportsfile for Web Summit Qatar via Getty Images lighning bolt icon An icon in the shap

Topics: ai ceo data replit said

Astronomer CEO Andy Byron resigns after viral Coldplay 'kiss cam' controversy

Astronomer announced on Saturday that CEO Andy Byron has resigned days after being caught on video in an intimate moment with the company's head of human resources at a Coldplay concert. "Andy Byron has tendered his resignation, and the Board of Directors has accepted," the company said in a statement. "The Board will begin a search for our next Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to serve as interim CEO." Byron was shown on a big screen at the concert i

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. Friday's sale is part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company. Earlier this week, Huang sold 225,000 shares of the chipmaker, totaling about $37 million, ac

Astronomer CEO Andy Byron placed on leave after viral Coldplay kiss cam video

PERTH, AUSTRALIA - NOVEMBER 18: Chris Martin of Coldplay performs on stage at Optus Stadium on November 18, 2023 in Perth, Australia. (Photo by Paul Kane/Getty Images) Astronomer, a provider of open-source technologies that was hardly known until this week, said on Friday that CEO Andy Byron has been placed on leave after he was shown on video at a Coldplay concert in an intimate embrace with the company's head of human relations. The company said in an emailed statement that co-founder and pr

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz; Rich Paul, CEO and founder of Klutch Sports Group; and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025. Jeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund. Tom Taylor, who previously ran Amazon's Alexa voice assistant division, will serve as the new president and CEO of the Bezos Earth Fund, the former tech executive wrote in a LinkedIn post on Tuesday. Taylor announced his retirement from Amazon in 2022 after roughly 23

Tim Cook’s run as Apple CEO could be much longer than you think

How long will Tim Cook stay Apple’s CEO? The question has come up often, but a new report indicates any big leadership transition is likely a lot farther off than you might expect. No internal signs of Cook preparing to retire or find successor, per Bloomberg Last week Apple announced that long-time COO Jeff Williams was leaving. Williams is the latest in a string of high-profile leaders transitioning out of the company in recent years, which often leads to speculation about CEO Tim Cook. Bu

We Just Got a Major Clue About Why Twitter's CEO Suddenly Left This Week

We still don't know why Linda Yaccarino stepped down as CEO of X on Tuesday. Her sudden abdication came off the back of a legendarily horrific freakout by the AI Grok, which saw the chatbot make a series of egregiously racist statements, claiming to be "MechaHitler" and praising Nazis over the course of a chaotic day. But if Yaccarino was fed up with what was going on at the company, she didn't show it. Her announcement was cheery, and her boss Elon Musk gave a curt thanks for her two years of

Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO

X Corp's CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Ex-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she briefly lost the blue checkmark next to her account name. The X Help Center notes that the site "may remove the checkmark of an account at any time without notice." Yaccarino announced she was leaving the position on Wednesday. The blue che