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Intel faces investor backlash for selling 10% stake to Trump admin at discount (arstechnica.com)

submitted 1 year ago by vegeta@lemmy.world to c/technology@lemmy.world

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[–] ILoveUnions@lemmy.world 11 points 1 year ago* (last edited 1 year ago) (1 child)

Beyond the greater issues of corruption, at face value there's no reason the government buying up a company with important strategic value should be illegal

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[–] ronigami@lemmy.world 10 points 1 year ago

It’s basically the GM bailout but with less steps and specifically avoiding bankruptcy which seems more efficient. Not that the gov’t won’t just turn around and run Intel into the ground.

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