Tech

Trump calls for Intel CEO Tan’s resignation over China ties

Trump calls for Intel CEO Lip-Bu Tan’s resignation over alleged conflicts of interest linked to ties with Chinese firms

Published

7 months ago

August 8, 2025

Ahron Young

Trump calls for Intel CEO Lip-Bu Tan’s resignation over alleged conflicts of interest linked to ties with Chinese firms

In Short:
– Trump calls for Intel CEO Lip-Bu Tan’s resignation, citing conflicts from his ties with Chinese firms.
– Tan defends Intel’s commitment to U.S. economic security amid concerns over the company’s declining performance.

U.S. President Donald Trump has called for the resignation of Intel CEO Lip-Bu Tan, labelling him “highly conflicted” due to his connections with Chinese firms.

According to Reuters, Tan has invested significantly in Chinese chip manufacturers, some linked to the military.

Trump’s demand followed concerns expressed by Republican Senator Tom Cotton regarding Tan’s ties to these companies and a criminal case involving Tan’s previous employer, Cadence Design.

The request raises questions about presidential influence over corporate leadership.

Analysts suggest it sets a concerning precedent, while others recognise the importance of Trump’s viewpoint.

Intel, which received $8 billion in subsidies under the CHIPS Act, has faced a decline in market share against competitors like AMD and Nvidia.

Future Uncertain

Tan, who took over as CEO in March, has responded to Trump’s comments through Intel’s commitment to U.S. economic security.

However, the company’s performance has been disappointing, with Intel losing its industry-leading status and struggling to meet its production goals.

Concerns persist over the ongoing construction of new manufacturing plants, particularly in Ohio.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Published

1 day ago

February 27, 2026

Harvey Vargas

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation

Tech

Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Published

1 day ago

February 27, 2026

Harvey Vargas

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Tech

Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Published

1 day ago

February 27, 2026

Harvey Vargas

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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