TNB Tech Minute: Intel’s CEO Already at Odds With Board
WSJ Tech News Briefing
The Wall Street Journal
4.6 • 1.6K Ratings
🗓️ 8 August 2025
⏱️ 2 minutes
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| 0:00.0 | Omada Health makes managing chronic conditions easier by supporting members between doctors visits. |
| 0:05.5 | Members are paired with the health coach empowered by insights from smart devices and AI-powered |
| 0:09.6 | tools. Learn more at OmataHealth.com. Omata Health is proudly NASDAQ listed. |
| 0:16.6 | Here's your morning T&B Tech Minute for Friday, August 8th. I'm Julie Chang for the Wall Street Journal. |
| 0:22.8 | We exclusively report that Intel CEO, Liput-Tan, has been at odds with his board over the |
| 0:28.9 | company's strategy in his first few months leading the tech giant. According to people familiar |
| 0:33.9 | with the matter, Tan and some Intel directors have clashed about whether the company |
| 0:38.3 | should stay in the manufacturing business or exit it entirely. Yesterday, those tensions were heightened |
| 0:44.5 | when President Trump unexpectedly called for Tan's ouster, claiming the CEO is conflicted by business |
| 0:50.2 | ties to China. In a statement to the journal, Intel said its board and management team |
| 0:54.8 | are aligned on the company strategy. SMIC, China's largest chipmaker, said U.S. tariffs should |
| 1:01.5 | continue to have a limited impact, since domestic demand is increasing sharply and overseas |
| 1:07.2 | clients are better prepared for the headwinds. The company's domestic market accounted for |
| 1:11.9 | 84% of its revenue in the second quarter, while the U.S. accounted for just under 13%, that's down from |
| 1:19.2 | 16% a year earlier. But SMIC reported an almost 20% decline in net profit due to production fluctuations. |
| 1:32.1 | Shares fell nearly 8%. And Meta Platforms has settled a defamation lawsuit with conservative activist Robbie Starbuck. Starbuck alleged |
| 1:37.6 | the company's artificial intelligence chatbot falsely asserted he participated in the January 6th |
| 1:43.0 | Capitol riot. Under the settlement, |
| 1:45.3 | Starbucks will advise the company on removing political bias from its AI tools. Staying on |
| 1:51.1 | Meta, its new team devoted to building machine superintelligence is now called TBD Lab. The group |
| 1:58.2 | is spearheading work on the latest version of its Lama large language model. |
| 2:02.6 | And that's your TNB Tech Minute. Join us again this afternoon for more. |
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