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U.S. government takes 10% stake in Intel

news.ycombinator.com Kif Leswing 2025-11-07 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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The Trump Phone Looks Like This. No, Wait, It Looks Like This

cnet.com See Full Bio 2025-11-07 03:12:12

Trump Mobile has teased its T1 Phone once again, saying, "The wait is almost over!" The question is, what exactly are we waiting for? This week, the company showed off on social media two distinctly different and seemingly Photoshopped looks for the T1, also known as the "Trump Phone." A Trump Mobile Instagram post shows what appears to be an iPhone 16 Pro Max with a gold finish and a US flag. A post on X (and another on Instagram) shows what looks a lot like a Samsung Galaxy S25 Ultra. Both de

Topics: iphone mobile phone t1 trump

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US government takes 10 percent stake in Intel in exchange for money it was already on the hook for

theverge.com Emma Roth 2025-11-07 03:45:38

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. The US is investing $8.9 billion into Intel, but most of the funds come from money that the government was supposed to pay the embattled chipmaker anyway. In an announcement on Friday, Intel said the federal government will fund its investment using the remainin

Topics: billion government intel investment trump

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U.S. officially takes 10% stake in Intel

cnbc.com Kif Leswing 2025-11-07 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 2025-11-07 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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Trump confirms US government’s 10% stake in Intel, stock climbs

9to5mac.com Marcus Mendes 2025-11-07 08:19:11

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

Topics: deal intel meeting tan trump

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The US government is taking a 10 percent stake in Intel

engadget.com Unknown 2025-11-07 08:50:47

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

Topics: 10 chips funding intel trump

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

gizmodo.com Lucas Ropek 2025-11-07 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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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”

arstechnica.com Unknown 2025-11-07 08:14:14

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

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

9to5mac.com Marcus Mendes 2025-11-07 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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The Radioactive Shrimp Recall Gets Jumbo-Sized

gizmodo.com Matt Novak 2025-11-07 12:15:24

The Food and Drug Administration issued an alert earlier this week about shrimp sold at Walmart over concerns that it could be radioactive. And now more shrimp are being added to the list. Southwind Foods, a company based in Carson, California, is voluntarily recalling a limited quantity of frozen shrimp due to possible contamination with Cesium-137, according to a press release from the FDA. Cs-137 is a radioisotope of cesium that is not naturally occurring but has been present in our environm

Topics: 137 fda foods shrimp southwind

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US government plans to take a 10% stake in Intel

techcrunch.com Kirsten Korosec 2025-11-07 12:14:36

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

Topics: disrupt government intel said trump

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

cnbc.com Kif Leswing 2025-11-07 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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Closing the Nix Gap: From Environments to Packaged Applications for Rust

news.ycombinator.com Unknown 2025-11-07 15:06:15

Closing the Nix Gap: From Environments to Packaged Applications for Rust Should I use crate2nix, cargo2nix, or naersk for packaging my Rust application? — (@jvmncs) January 21, 2025 This tweet shows a common problem in Nix: "Should I use crate2nix, cargo2nix, or naersk for packaging my Rust application?" devenv solved this for development environments differently: instead of making developers package everything with Nix, we provide tools through a simple languages.rust.enable . You get cargo

Topics: app devenv import languages rust

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

theverge.com Emma Roth 2025-11-07 17:39:55

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

Topics: deal government intel said trump

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

techcrunch.com Amanda Silberling 2025-11-07 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

Topics: apple company google siri using

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

engadget.com Unknown 2025-11-07 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 2025-11-07 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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Scientists are building cyborg jellyfish to explore ocean depths

arstechnica.com Unknown 2025-11-07 22:03:08

Climate change is warming ocean waters, making the environment more acidic thanks to the absorption of carbon monoxide from the atmosphere. This endangers various marine species, and monitoring those changes is vitally important. But it can be challenging to reach the deepest waters without the aid of very expensive equipment. Moon jellyfish can swim to those depths, however, making them a potential ally in the quest to study the deep ocean. That's why researchers at the University of Colorado

Topics: cockroach electrodes implanting jellyfish tiny

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

gizmodo.com Matt Novak 2025-11-08 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 2025-11-08 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 2025-11-08 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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FFmpeg 8.0

news.ycombinator.com Unknown 2025-11-08 08:22:42

A complete, cross-platform solution to record, convert and stream audio and video. Download Converting video and audio has never been so easy. $ ffmpeg -i input.mp4 output.avi Discover more August 23nd, 2025, FFmpeg 8.0 "Huffman" A new major release, FFmpeg 8.0 "Huffman", is now available for download. Thanks to several delays, and modernization of our entire infrastructure, this release ended up being one of our largest releases to date. In short, its new features are: Native decoders: APV

Topics: decoder ffmpeg filter support video

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Get That Stinky Compost Off Your Counter. Here's Where Food Scraps Should Really Go

cnet.com See Full Bio 2025-11-08 06:30:02

Composting benefits the environment and your garden, but the odor is something to contend with. Fortunately, unpleasant smells aren't inevitable. Modern countertop composters and food scrap processors dry and grind waste within hours to maintain a fresh-smelling kitchen. We tested both the Lomi composter and Mill kitchen bin -- each performed admirably, though both require an investment of several hundred dollars. You don't need expensive gadgets to keep food scraps out of the landfill (and out

Topics: compost food freezer kitchen scraps

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Astronomer’s New CEO Speaks—Yes, About That

wired.com Steven Levy 2025-11-08 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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At This Point, It’s Impossible to Know What the Trump Phone Looks Like

wired.com Verity Burns 2025-11-08 08:08:24

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

Topics: mobile phone spigen t1 trump

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

engadget.com Unknown 2025-11-08 12:00:53

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

Topics: design federal government studio trump

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

news.ycombinator.com Unknown 2025-11-08 12:20:27

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

Topics: foreign immigration state trump visas

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Waymo approved to start autonomous vehicle testing in New York City

techcrunch.com Sean O'Kane 2025-11-08 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 2025-11-08 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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Latest Tech News

U.S. government takes 10% stake in Intel

The Trump Phone Looks Like This. No, Wait, It Looks Like This

US government takes 10 percent stake in Intel in exchange for money it was already on the hook for

U.S. officially takes 10% stake in Intel

Cybersecurity firm Netskope files to go public on the Nasdaq

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

The US government is taking a 10 percent stake in Intel

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

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

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

The Radioactive Shrimp Recall Gets Jumbo-Sized

US government plans to take a 10% stake in Intel

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

Closing the Nix Gap: From Environments to Packaged Applications for Rust

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

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

Scientists are building cyborg jellyfish to explore ocean depths

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

FFmpeg 8.0

Get That Stinky Compost Off Your Counter. Here's Where Food Scraps Should Really Go

Astronomer’s New CEO Speaks—Yes, About That

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

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

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

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’

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