Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals. The company announced Wednesday that it has named longtime tech investor and semiconductor industry executive Lip-Bu Tan as chief executive, after former CEO Pat Gelsinger resigned in December. Intel’s stock jumped nearly 13% in after-hours trading following the announcement. As of Wednesday’s closing bell, the company’s shares had fallen more than 54%, signaling investors’ deep concern about the company’s future. Tan spent more than a decade as CEO of technology…
Author: Web Desk
Meta is once again facing allegations from a former employee that a growth-at-all-costs culture has caused offline harm. A new book called “Careless People,” published Tuesday by former executive-turned-whistleblower Sarah Wynn-Williams, provides a detailed account of her six years at the company, offering an insider’s perspective into controversial moments in the company’s history. That includes Facebook being used to fuel political violence during the genocide of Rohingya Muslims in Myanmar, which the tech giant later admitted it didn’t do enough to prevent. It also discusses Facebook’s role in President Donald Trump’s 2016 election campaign, as well as central characters in…
The US Federal Trade Commission (FTC) asked a federal court in Seattle on Wednesday to delay a September trial in its case alleging Amazon misled consumers over its Prime subscription service, citing “severe resource shortfalls in terms of both money and personnel.” Jonathan Cohen, an attorney for the FTC, told US District Judge John Chun during a hearing that the agency faces a “dire resource situation” amid cost cutting measures enacted under President Donald Trump’s administration. “We have lost employees in the agency, in our division and on our case team,” Cohen said. Cohen’s statements are the first clear indication…
Elon Musk has secured a major win in India by signing two back-to-back deals to bring SpaceX’s Starlink satellite internet services to the country. The country’s top telecoms provider Reliance Jio, owned by Indian billionaire Mukesh Ambani, said on Wednesday it had inked a deal with SpaceX. “Jio will not only offer Starlink equipment in its retail outlets but will establish a mechanism to support customer service installation and activation,” it said in a statement. A similar agreement with Bharti Airtel, India’s second-largest mobile operator, was announced a day earlier. Gwynne Shotwell, president of SpaceX, said the Musk-owned company looked…
The judge overseeing Blake Lively and Justin Baldoni’s legal battle granted much of Lively’s request for an expanded protective order that aims to prevent some information, such as medical records and trade secrets related to future business projects, from being made public. On Thursday, the judge said in his ruling that the court’s standard protective order would not be sufficient for the needs of Lively and Baldoni’s case, given the high-profile and sensitive nature of the case. “These cases involve both business competitors and allegations of sexual harm,” the judge wrote, adding that discovery will unveil “confidential and sensitive business…
Nikki Glaser is set to return as host of the first major awards show of the season, CBS and the Golden Globes announced on Thursday. Glaser, who made her debut as host of the Globes in January to positive reviews, expressed her excitement about returning to the helm the event once again. “Hosting the Golden Globes this year was without a doubt the most fun I have ever had in my career,” she said. “I can’t wait to do it again, and this time in front of the team from ‘The White Lotus’ who will finally recognize my talent and…
Vanna White only works 34 days a year, but she says it’s not as easy as you think. During a recent conversation on the “Elvis Duran and the Morning Show,” White talked about her work schedule on “Wheel of Fortune.” “We film about 34 days a year,” she said. “That’s it.” Those present reacted with surprise. White was then asked how many shows she films a day. “Six shows in a day,” White said. “Come on, feel bad for me.” After all, as was pointed out, that’s six wardrobe changes. When White was told that means she has 331 days…
Ayo Edebiri characterized her recent social media posts, which referenced Elon Musk, as her having “a silly goofy time,” despite the posts alluding to a period of intense online harassment. Edebiri’s posts addressed an incident from the previous year, during which she stated she received racist comments and death threats. This followed Elon Musk’s amplification of a false social media post. The original post had incorrectly claimed that Edebiri was being considered to replace Johnny Depp in a new “Pirates of the Caribbean” film. Musk responded to the fake post on X, commenting “Disney sucks.” Disney is the studio that…
Rogelio “Roger” Nores, a close friend of Liam Payne who was one of the last people to see the former One Direction singer alive, believes that Payne’s death was the result of an “extremely unfortunate” series of events. Payne fell to his death from the third floor of a hotel he was staying at in Buenos Aires, Argentina in October, local police told CNN at the time. He was 31. Five people were charged in connection with Payne’s death in January, according to local prosecutors. Nores was one of those individuals, but his charges and those of two others have…
After at least eight auditions over two decades, “Jeopardy!” superfan Harvey Silikovitz learned last year that his dream was coming true: He was chosen to compete on the show. What he hadn’t anticipated was that his big chance would come as he was living with Parkinson’s disease. Silikovitz made his “Jeopardy!” debut on Monday, besting the 8-day champion Laura Faddah by winning $23,600 in a dominating game that, from the start, was a runaway. In that episode, he said that after living with Parkinson’s since 2019, coming onto “Jeopardy!” was “no longer just about wanting to do well for myself,…
