It will all end in flames

Aug 27 from https://arstechnica.com/

Intel details everything that could go wrong with US taking a 10% stake

Some investors are not happy that Intel agreed to sell the US a 10 percent stake in the company after Donald Trump attacked Intel CEO Lip-Bu Tan with a demand to resign. After Intel accepted the deal at a meeting with the president, it alarmed some investors when Trump boasted that his pressure campaign worked, claiming Tan "walked in wanting to keep his job, and he ended up giving us $10...

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Aug 25 from https://www.washingtonpost.com/business/technology/

Intel says Trump’s plan for U.S. stake in company poses business risks

Intel warned Monday that the Trump administration’s 10 percent stake in the chipmaker presents risks to its business, potentially jeopardizing sales and its standing with stakeholders, as the White House signaled it may pursue similar tie-ups with other companies. In a Securities and Exchange Commission filing, the company said international sales could suffer as a result of the agreement...

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Aug 25 from https://fortune.com/section/tech/

Fortune Tech: Intel sells stake, Grok chats exposed, Nick Clegg on Meta

Good morning. On this day in 1991, a fellow named Linus Torvalds shared a message with software developers about a little project he was working on—a free operating system. “Just a hobby, won’t be big and professional like gnu,” he wrote. Today, the open source OS kernel known as Linux absolutely dominates the brawny server market—particularly for cloud computing and especially for...

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Aug 23 from https://www.washingtonpost.com/business/technology/

Trump’s tech deals break with U.S. traditions of free enterprise

President Donald Trump’s announcement that the U.S. government would take a 10 percent stake in chipmaker Intel adds to a string of multibillion dollar compacts with major tech firms that have trampled conventions insulating private business from the American presidency and government. The unprecedented deals over the last month have seen some of the nation’s largest public companies,...

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Aug 22 from https://www.washingtonpost.com/business/technology/

Trump makes deal giving U.S. government a 10% share of Intel

President Donald Trump said Intel’s CEO has agreed to give the U.S. government roughly 10 percent of the chipmaker in an extraordinary intervention of the federal government into a private tech company. “It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future,” Trump posted...

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Aug 22 from https://edition.cnn.com/business/tech

The US takes a 10% stake in Intel as part of Trump’s big tech push

Tech news Investing Stocks See all topics Follow New York — The United States government is making an $8.9 billion investment in Intel common stock, giving the Trump administration a roughly 10% stake in the struggling chipmaker, Intel and the president announced on Friday. “It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great...

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