Welcome to the Tech meme right home for Thursday, March 13th, 2025. I'm Brian McCullough today. Intel has a new boss and they seem to want to double down on the Foundry strategy. Meta is testing community notes. Sonos is abandoning its big streaming video hardware project. Is Adobe falling behind in AI? Is Oracle the leader to take

over TikTok US? And why is John Gruber so mad at Apple? Here's what you miss today in the world of

tech. Intel finally has a new boss. They've appointed former board member and chip industry

veteran Lipbutan as its new CEO, effective March 18th, and says he will rejoin the board. Intel's stock was up more than 10% on the news, quoting Reuters. Tan had been seen as a CEO contender, thanks to his deep experience in the chip industry, as well as a longtime

technology investor in promising startups. He was approached by Intel's board in December to gauge

his interest in taking the job, Raiders had reported. This, Tan's appointment is welcome news,

said Jackie Gold, analyst and president of Jay Gold Associates, which covers the chip industry.

Tan has an intrinsic understanding of the

semiconductor industry, both from a product design aspect as well as the needs of enabling chip

manufacturing, an area that Intel Foundry needs help in making their tools more user-friendly

and accessible for potential customers, he said. Gold and other analysts agreed that Tan's

messaging looked like he wanted to keep the company

together, though they said any transformation of the chipmaker would take years and require investors

to be patient, end quote. Tan is apparently known as a dealmaker who invested in Anapurna Labs and

Nuvia and revived the fortunes of chip design firm Cadence Design Systems as its CEO.

And Tan is already signaling he will stick with Intel's costly foundry plan, which led to

previous CEO Pat Gelsinger's ouster, quoting Bloomberg.

Tan, who was named to the CEO job on Wednesday, sent a letter to employees before meeting

with staff in the afternoon, offering a rough sketch of his plans for the embattled chipmaker.

Part of the message, he will keep working to make Intel a top foundry, a business that produces chips for outside clients. That endeavor has been costly for Intel so far and contributed

to the ouster of prior CEO Pat Gelsinger. We will work hard to restore Intel's position as a

world-class products company, establish ourselves as a world-class foundry, and delight our customers like never before, he said in the letter, which was published

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