In a shocking move, the Trump administration is asking U.S. investors in TikTok's operations to pay billions to the federal government. This marks a new wave of crony capitalism where businesses are pressured to pay for governmental favors. Experts warn that this undermines free market principles and promotes extortionate practices.
The Trump administration is eyeing a significant stake in the largest lithium mine in the Western Hemisphere, amid ongoing debates about the energy transition. This move may redefine the landscape of electric vehicle production.
Lithium Americas' stock skyrocketed by over 100% as the Trump administration proposes an equity stake in the Canadian mining firm amid negotiations for a $2.2 billion loan for its Thacker Pass project, crucial for electric vehicle batteries.
In a crucial move to keep TikTok operational in the U.S., a new deal has been reached that excludes government equity stakes, with Oracle set to oversee security. President Trump will back the plan and extend the ban deadline once again.
OpenAI has announced a groundbreaking agreement with Microsoft, involving a $100 billion equity deal that raises questions about its nonprofit status and the future of AI governance. As scrutiny from regulators mounts, the implications of this partnership could reshape the AI landscape.
In a bold move, President Trump announced a 10% government stake in Intel, revealing shocking ties to Chinese surveillance firms. As Intel faces scrutiny over its partnerships with Uniview and Hikvision, questions arise about human rights and technology ethics.
In a surprising move, President Trump reveals that Intel Corp. will provide the US government with a 10% equity stake. This deal is poised to reshape the chipmaking landscape, with formal details expected soon.
The U.S. Commerce Secretary announced plans for the government to take an equity stake in Intel as part of a strategy to stabilize the struggling chipmaker. This follows reports of a potential 10% stake conversion from grants approved under the Biden administration.
The Trump administration is reportedly in talks to convert Intel's Chips Act grants into a 10% equity stake, raising eyebrows about the future of this struggling tech giant. With a potential $10.9 billion investment, is the government stepping in to save Intel's faltering business?
In a surprising move, the Trump administration is exploring the possibility of using US Chips Act funds to invest in Intel Corp. This potential funding aims to bolster domestic semiconductor manufacturing amid ongoing challenges faced by the chipmaker.
