Trump Administration Considers 10% Stake in Intel as SoftBank Invests $2 Billion

The Trump administration continues to explore taking an equity stake in chipmaker Intel, with the latest reports putting the potential ownership position at 10 percent. This could make the U.S. government the company’s largest shareholder. At the same time, Japanese investment powerhouse SoftBank is pumping $2 billion into the chipmaker. Bloomberg reports that the Trump administration is…

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Leftists Melt Down over Trump Administration Targeting DEI Broadband Subsidies

Congressional Democrats are panicking over the Trump Administration’s reforms to the wasteful Biden-era Broadband Equity, Access, and Deployment (BEAD) Program. Biden’s 2021 infrastructure bill allocated a whopping $42.5 billion to distribute to states to subsidize high-speed internet for primarily rural and underpopulated areas, which the Commerce Department’s National Telecommunication and Information Authority (NTIA) distributes. Like…

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