President Trump announced that Intel has agreed to grant the U.S. government a 10% stake in the company, following a meeting with CEO Lip Bu Tan. The $8.9 billion investment, funded by unallocated government grants, aims to strengthen the U.S. semiconductor industry and reduce reliance on foreign chip production, amidst ongoing national security concerns related to Chinese tech investments.
Want More Context? 🔎
Erik Menendez denied parole, Lyle Menendez to learn his fate on Friday
Erik Menendez was denied parole on the 36th anniversary of the murder of his parents during a nearly 10-hour hearing, where the board cited his prison behavior and the nature of the crime as key factors. He will be eligible for another hearing in three years, with the board emphasizing that he poses an unreasonable risk to public safety despite support from family members. Want More Context? 🔎
Read more