The U.S. Securities and Exchange Commission plans to seek sanctions against Elon Musk for not showing up for scheduled testimony regarding his $44 billion Twitter takeover. Musk failed to appear for the probe into the deal, leading the SEC to take action against him for his absence.
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Intel's New Funding Came From Already-Awarded Grants. So What Happens Next?
The Washington Post criticizes the U.S. government's 10% stake in Intel as a misstep, noting Intel's struggles in key markets. While the funding comes from previously awarded grants under the CHIPS Act, analysts warn that without securing external customers, this investment may not improve Intel's foundry operations or resolve ongoing yield issues. Want More Context? 🔎
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