"Three people familiar with the reorganization said the unit's investment committee was reduced to two members: Tan, and Intel's Chief Financial Officer, David Zinsner"
"Two employees familiar with the matter said some within Intel felt pressure to consider portfolio companies where Tan had an interest to align with his strategic priorities."
https://www.techspot.com/news/110576-intel-ceo-also-major-startup-investor-starting-get.html
Pump and dump ? More like Plumped and Bloated full of Pirate Plundering Gold.
MBAs getting richer by the minute.
No you cause you invested your own money and not from others plunders. Liars poker game cowboy style.
@na
It's truly amazing all of you are so surprised, asking isn't this Illegal? Meanwhile the man in the white house takes Bribes from everyone and every company. Extortion from US companies, foreign companies Universities and even Law Firms rolling over providing millions in free legal help. In modern history the US government is currently at at it's most corrupt. Even the Supreme Court is enabling by rolling back 100's of years of precedent. This is how Fascism works. Get used to it!
I hope he isn't old enough to forget wearing his underwear into office.
@nb blackrock is on the board and blackrock is holding the bag for sambanova
@na stock is up that's why. The board is blackrock, softbank, and 100 other companies in LBT's portfolio
Just speed running the If you're gonna be corrupt, but really fking corrupt playbook here.
Joking aside, I literally cannot understand why the board and shareholders sit back and let this continue. Just nakedly corrupt in everything he does.
Isn't this illegal?
LBT personally benefits from the business being sold.
LBT is the CEO of Intel, and he's using Intel as a shill buyer to drive up the sale price.
If there is no other buyer in the end, Intel is forced to buy it.
There's only one winner here, and it's LBT.
Everyone else just loses.
What is Tan talking to Tan about Tan buying something from Tan with somebody else’s money.
Disgusting turn of events
Considering LBTs startup track record, maybe the company should be giving his pet companies consideration.
It's good to be king.
Did they pressure you to do that OP ? Who are the two employees? Name ?
File a complaint with HR.
Oh.. wait..