Mon. 02/17 – Folks Are Circling Intel

The vultures are circling Intel, if that’s not too aggressive an analogy. OpenAI’s board officially rejects Elon’s bid. Zelle is quietly the biggest player in P2P payments. Everybody wants to go after robotics as the next big thing. And why over a thousand tech unicorns are in trouble.

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Links:

• TSMC Considers Running Intel’s US Factories After Trump Team Request (Bloomberg)
• Broadcom, TSMC Weigh Possible Intel Deals That Would Split Storied Chip Maker (WSJ)
• OpenAI Rejects Elon Musk’s $97.4 Billion Bid for Control of the Company (NYTimes)
• Zelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including PayPal (CNBC)
• TikTok Grabs Market Share From Shein Despite Looming Risks (Bloomberg)
• Meta Plans Major Investment Into AI-Powered Humanoid Robots (Bloomberg)
• Apple and Meta Are Set to Battle Over Humanoid Robots (Bloomberg)
• The Unicorn Boom Is Over, and Startups Are Getting Desperate (Bloomberg)

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