New leader wants to turn Intel into a "world-class foundry"
Something to look forward to: Intel's years-long struggle to stay competitive in the semiconductor market worsened last year as the company lost billions, forcing out CEO Pat Gelsinger. While the strategic direction of his successor remains unclear, early statements suggest that Intel will maintain its commitment to foundries, even as rivals propose partnerships and othersquestion whether Intel should stay in the foundry market.
"After years of pretending to be Democrats, Big Tech leaders are now pretending to be Republicans"
A hot potato: In a scathing critique of tech industry leaders, Epic Games founder and CEO Tim Sweeney has accused prominent executives of cozying up to President-elect Donald Trump in an attempt to influence anti-competitive policies. Sweeney's comments, shared on the social media platform X, highlight growing concerns about the relationship between big tech and the incoming administration.
What just happened? In a scenario that the vast majority of us will never experience, Microsoft boss Satya Nadella has seen his take-home pay increase 63% compared to last year despite the CEO requesting the amount he receives be reduced. While Nadella's salary was cut by 50%, other forms of his compensation increased significantly, bringing his total to $79.11 million in fiscal 2024, up from $48.51 million a year earlier.