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U.S. government takes 10% stake in Intel

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

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

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

U.S. officially takes 10% stake in Intel

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

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 (

Bluesky blocks service in Mississippi over age assurance law

Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law. In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this type of law would require, and it raised concerns about the law’s broad scope and privacy implications. Mississippi’s HB 1126 requires platforms to introduce age verification f

Black Holes Are the Elusive Source of the Universe’s Dark Energy, Study Argues

Dark energy—the hypothetical force accelerating our universe’s expansion—sometimes raises more questions than it answers. A new study, however, presents surprising evidence that black holes may be an incubator for dark energy—suggesting that the force may be less constant than we believed. In a paper published August 21 in Physical Review Letters, researchers used data from the Dark Energy Spectroscopic Instrument (DESI) to test a hypothesis that argues black holes convert dead star matter into

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

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

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

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

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

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

TikTok denies India comeback after reports of website going live

TikTok has not been unbanned in India, TechCrunch confirmed Friday, despite brief website access that sparked media reports of a possible comeback after more than five years. A TikTok spokesperson told TechCrunch that the Chinese-owned social media platform’s ban by the Indian government remains in place, and the short-video platform is not accessible in the country. “We have not restored access to TikTok in India and continue to comply with the Government of India’s directive,” the spokespers

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

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

On an eligible Verizon plan? Don’t forget to activate your Play Pass perk before its too late

TL;DR As promised, Verizon will end its Google Play Pass promotion for Get More and Play More Unlimited plans starting September 25, 2025. The perk had been available as a promotional add-on for Android users with eligible Unlimited plans. The good news is that customers who had already activated Play Pass will get an extra six months of free access before needing to pay Google directly. As first spotted by a Redditor named pntless on the Verizon subreddit, a new email is going out to legacy

Join Our Next Livestream: Back to School in the Age of AI

Everyone has a stake in how tech is shaping education today. From the tech moguls and venture capitalists who are starting “microschools” and building ed-tech tools to policymakers who are writing bills to safeguard kids online and teachers who are getting creative about using AI for school. WIRED explored all this and more in our recent back-to-school digital edition, and we're excited to talk about it at our next subscriber-only livestream on Thursday, August 28, at 1 pm ET / 10 am PT / 6 pm

If You've Breathed Wildfire Smoke, Scientists Just Found Something Horrifying

Image by Getty / Futurism Studies Have you gone outside recently and smelled an acrid odor, perhaps accompanied by a hellish orange sky? Check the news, and you were likely downwind of massive wildfires like those in the Canadian province of Manitoba or the Florida Everglades— an increasingly regular event as millions of people find themselves in the path of noxious smoke, sometimes from a country away. Wildfires are becoming more common than ever amid the ravages of climate change — and thos

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

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

iPhone 17 release date, iOS 26 features and everything else to know about Apple's upcoming lineup

August is almost over, which means we're getting closer to the Apple iPhone event — it usually takes place in mid-September. That also means we'll finally get to officially lay eyes on the iPhone 17 lineup. The latest iOS 26 features will come preinstalled on the new models, as well as any additional features Apple reveals at the launch event. But since we (presumably) still have to wait a few weeks until the iPhone event, we can only speculate what the new devices will look like. As with most u

We Finally Know the Mule’s Backstory on ‘Foundation’—or Do We?

The Mule, as played by Pilou Asbæk, has brought both menace and mystery to Foundation‘s third season. He’s more than made good on the terrifying visions that prefaced his arrival—we know he’s destined for a vicious battle against Foundation heroine Gaal Dornick (Lou Llobell)—with his cruel, crafty plan to take over the galaxy. He uses his amplified psychic powers to manipulate people to commit horrors, all while claiming he merely desires to be loved. Such complexity has to come from somewhere,

Google makes it easier to edit Drive videos with a new Vids shortcut button

Google announced Friday that it’s enhancing the editing experience for Drive videos with a new shortcut button for Vids, the tech giant’s AI-powered video creation tool. The new feature allows Workspace users to initiate a video edit using Vids directly from the Google Drive interface. Now, while previewing a video in Drive, users will see an “Open” button in the top right corner that opens the video in the Vids app. Vids will automatically launch the video file, allowing further edits such as

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

95% of business applications of AI have failed. Here's why

MirageC/Moment via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways: Just 5% of enterprise customers are profiting from generative AI. A bottom-up versus top-down approach can improve implementation success. AI companies are making big promises in a bubble, most of which are unfulfilled. Investment in generative AI may be booming, but most individual businesses using it have yet to see the payoff. In fact, a new MIT study found that 95% of enterprise

Best Massagers for When You’d Rather Not Pay Spa Prices (2025)

The best massagers shouldn't feel like a luxury reserved for special occasions. Getting some tension out of your shoulders should be as accessible as your morning coffee. After all, between work, workouts, and the existential crisis that is life, who isn't carrying muscle tension somewhere? I've dedicated countless hours to trying (almost) every type of massage tool. Testing these contraptions might sound like the dream gig, but it's not all bliss. Some felt like having a personal therapist at m

My favorite Google AI features from the Pixel 10 launch

The Made By Google event was not only a showcase of Google’s latest Pixel hardware, but a launchpad for many new AI features. I’m typically skeptical of the current generation of AI, but as I checked out the new software across various demo sessions, I found myself more and more intrigued. It seems like Google, along with Apple and Samsung, has been working on making these AI-powered updates more helpful in a way that might actually make our lives easier or simply more fun. There wasn’t enough

This $1,000 Drone Is Built for the High Seas

Zero Zero Robotics, the makers of the HoverAir line of drones, is suddenly more taken with water than air. The upcoming $1,000 HoverAir Aqua—which is currently crowdfunding on Indiegogo—may be the first drone built for Atlanteans or anybody who spends their free time on open waters. The one major drawback will hinder your total flight times while reminding you of your grade school lessons about why electricity and water don’t mix. Welcome to the drone life aquatic. Now, I know what you’re proba

Google made it easier to edit your Drive videos

Posts from this author will be added to your daily email digest and your homepage feed. Google has added a Drive shortcut for Workspace users that provides a quicker way to edit videos without having to manually open them in Google Vids. When previewing a video saved in their Drive, users will now see an “Open” button at the top right corner that automatically opens the file in Google Vids, where users can then make simple edits like trimming clips, adding text or music, and more. The Vids sho

Elon Musk and X reach settlement with axed Twitter workers

Elon Musk and X reach settlement with axed Twitter workers The BBC has contacted X - formerly called Twitter - and the lawyers representing the employees for comment. Some workers sued the company over their terminations and severance packages, after some 6,000 staff - more than half its workforce - were sacked as part of a cost-cutting measure after Musk took over the company in 2022. The parties reported the deal in a court filing on Wednesday, jointly requesting the US appeals court in San

The latest Kindle update is a good step toward accessibility

Kaitlyn Cimino / Android Authority TL;DR Kindle update 5.18.4.01 reintroduces Assistive Reader with synced text-to-speech. The update is currently available for 11th and 12th-gen Kindles, Kindle Colorsoft, and Kindle Scribe. Recent updates include a large font option and improved menu design. Amazon rolled out firmware version 5.18.4.0.1 for its 11th and 12th‑generation Kindle e‑readers, along with the Kindle Colorsoft and Kindle Scribe, bringing a welcome boost in accessibility and a few in

I Guessed the New iOS Release Date Before: Here's My Guess for iOS 26

Apple announced iOS 26 at its Worldwide Developers Conference in June, and the tech giant has since released multiple beta versions of the software. Those versions bring new features, like a Liquid Glass design and call screening to block spam callers, to the iPhones of developers and beta testers. You can expect many of those capabilities to land on your iPhone soon. Apple said it will release the update to the general public this fall, which is good but not the most helpful timeframe. But if

Automaker Geely Launched Its Own Satellites Into Space, Highlighting China’s Ambitions

Earlier this month, the Chinese aerospace company Geespace said it sent 11 satellites into orbit. The satellites went up in Geespace’s fourth rocket launch since 2022, bringing its total “IoT constellation” from 30 to 41 satellites. By the end of this year, it has ambitions to deploy 72 satellites, which will provide global data coverage “excluding only the polar regions,” according to a press release. Like any other satellite firm, Geespace has relationships with several telecommunications com

What Is Down Alternative and Who Should Buy It? Experts Explain (2025)

When shopping for new bedding, you'll undoubtedly run into both natural down and materials described as down alternatives. This prompts a lot of questions. Is down or down alternative better? What are the differences between them? Why is one more expensive than the other? Which is easier to care for? Which is warmer? It can all be very confusing. As evinced in our down comforter buying guide, not to mention other stories in our sleep directory, there are plenty of options for high-quality down