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Intel Partners with Apollo Global, Selling Stake in Irish Plant for $11 Billion

Intel Partners with Apollo Global, Selling Stake in Irish Plant for $11 Billion

Intel Corp. and Apollo Global Management announced a joint venture to invest $11 billion in a chip-manufacturing facility in Ireland, with Apollo acquiring a 49% stake from Intel, aiming to close the deal in the second quarter.


Ex-Ozy Exec Testifies to Falsifying Records, Impersonating YouTube Exec for Goldman Sachs Investment

Former Ozy Media executive Samir Rao testified that he falsified business records and impersonated a YouTube executive to secure investment from Goldman Sachs.

Major TikTok Accounts Compromised by Hackers Via Direct Messages

Hackers have taken over major TikTok accounts, including those of CNN, Sony, and Paris Hilton, by exploiting a vulnerability that requires only opening a direct message without additional user actions.

AT&T, Verizon Customers Experience Outage Across US

Customers of AT&T and Verizon have experienced outages in several major US cities. An AT&T sign hangs outside of a store on April 01, 2024, in Miami, Florida.


Latest News

Texas Caregiver Allegedly Kills Disabled Man After He Confronted Him of Stealing His Settlement Money
A caregiver in Texas is accused of killing a 37-year-old disabled man after stealing his settlement money.
Elon Musk Seeks Dismissal of Lawsuit Over Delayed Disclosure to X Shareholders
Nvidia revealed that Elon Musk is redirecting his AI chip orders for Tesla to X and xAI. Should Tesla investors be concerned?
Stocks Drop In First Day Of Trading For June
Keith Gill, also known as "Roaring Kitty," has potentially amassed a profit of tens of millions of dollars on his GameStop options position, but experts think that getting these gains will not be easy.
SWITZERLAND-MANAGEMENT-BANKING-BNS
The Swiss financial regulator FINMA is seeking new powers to publicly name and shame banks that breach its rules. Switzerland has been looking to strengthen banking regulations since UBS took over Credit Suisse last year.
Billionaire Doug Leone Says He's Now Supporting Donald Trump, Switching Sides After Prior Rebuke
Billionaire venture capitalist Doug Leone has announced supporting Donald Trump's presidential campaign.
Johnson & Johnson Reaches Settlement In 8.9 Billion Dollar Lawsuit Over Products Containing Talcum Powder
The 48-year-old Oregon woman claimed that she's been using Johnson & Johnson powder for 30 years and has been inhaling asbestos in return, but Johnson & Johnson maintained that their products do not contain such and do not cause cancer.
Elon Musk's Potential 'Business Transaction' With Tesla Director Raises Concerns on Independence of Board's 'Special Committee'
Joe Gebbia, a Tesla director, revealed that he was considering selling a house from his start-up, Samara, to Tesla CEO Elon Musk, according to a report.
Intel CEO Pat Gelsinger
Intel CEO Pat Gelsinger unveiled new AI processors for data centers. Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024.
Dr. Pepper Outranks Pepsi as Second Largest US Soda Brand
While Coca Cola has a comfortable lead in the US soda market, Dr. Pepper has been inching forward to second place and toppling Pepsi’s traditional ranking.
google cloud
Google reportedly laid off at least 100 employees from its cloud division despite its rapid expansion.