Trump administration’s deal is structured to prevent Intel from selling foundry unit

Trump administration’s deal is structured to prevent Intel from selling foundry unit

The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. According to reporting from the Financial Times, at a Deutsche Bank conference on Thursday, Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government…

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Investors are loving Lovable | TechCrunch

Investors are loving Lovable | TechCrunch

Investors are clambering to get onto Swedish vibe-coding startup Lovable’s cap table, making unsolicited offers of investment that value the company at more than $4 billion, reports Financial Times.  Lovable CEO Anton Osika isn’t currently engaging with the flurry of inbound, the Times says, which comes a few weeks after the startup announced a $200…

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Animoca’s Sandbox overhauls as co-founders confirm new strategic roles

Animoca’s Sandbox overhauls as co-founders confirm new strategic roles

The Sandbox co-founders, Arthur Madrid and Sebastien Borget, have transitioned to new strategic roles amid an ongoing business optimization, Borget told Cointelegraph. The Sandbox, a metaverse-focused subsidiary of Hong Kong-based Web3 firm Animoca Brands, is restructuring its operations, with its co-founders moving into new strategic roles. Co-founders Arthur Madrid and Sebastien Borget have transitioned as…

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Nvidia reports record sales as the AI boom continues

Nvidia reports record sales as the AI boom continues

Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net…

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Microsoft headquarters go into lockdown after activists take over Brad Smith’s office

Microsoft headquarters go into lockdown after activists take over Brad Smith’s office

Protesters stormed Microsoft’s Redmond headquarters on Monday and made it into president Brad Smith’s office in Building 34, forcing a temporary lockdown. The “No Azure for Apartheid” group livestreamed their sit-in on Twitch, hoisting banners, chanting ‘Brad Smith, you can’t hide, you’re supporting genocide!’ and posting a mock legal summons charging Smith with “crimes against…

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