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The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government a 10% equity stake, at a Deutsche Bank conference on Thursday, according to reporting … Read more
Intel officially announced an agreement with President Donald Trump’s administration on Friday afternoon, following Trump’s statement that the government would be taking a 10% stake in the struggling chipmaker. While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead, … Read more
Then there were the specifics. How would the policy distinguish between equipment that really posed a risk, and products companies should still be able to sell? Estevez says he remembers the White House pushed for restrictions on a larger number of items, while the Commerce Department, which is responsible for promoting economic growth, sought a … Read more
The 2024 Swedish tournament mirrors similar extreme right-wing martial arts tournaments hosted elsewhere in Europe for years. It also indicates the success of the Active Club model in spreading to the European continent. There are dozens of the fight clubs throughout Europe, including more than 50 in France and several in the United Kingdom, where … Read more
When US vice-president JD Vance was asked about the war in Ukraine at a foreign policy forum in Washington last week, diplomats were expecting Maga-style criticism of Kyiv and veiled sympathy for Russia. Instead, they heard something quite different. Vance said of a set of Russian proposals to end the conflict: “We think they’re asking … Read more
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Amidst the chaos and upheaval at the Social Security Administration (SSA) caused by Elon Musk’s so-called Department of Government Efficiency (DOGE), employees have now been asked to integrate the use of a generative AI chatbot into their daily work. But before any of them can use it, they all need to watch a four-minute training … Read more
The University of Michigan stated it was closing its Office of Diversity, Equity and Inclusion, Office of Healthy Equity and Inclusion, and its DEI 2.0 Strategic Plan, all in response to President Donald Trump’s executive orders concerning DEI. Getty Images—Bill Pugliano
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Harvard University said it would “not surrender its independence” and pushed back against the US government after Donald Trump’s administration threatened to cancel the visas of its foreign students. The Ivy League university … Read more
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