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Trump administration’s deal is structured to prevent Intel from selling foundry unit | TechCrunch

Trump administration’s deal is structured to prevent Intel from selling foundry unit | TechCrunch

The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit.

According to reporting from the Financial Times, at a Deutsche Bank conference on Thursday, Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government a 10% equity stake.

The deal was structured in a way to penalize Intel if it spins out its foundry business unit, which makes custom chips for outside customers, within the next few years.

Last week’s deal included a five-year warrant that would allow the U.S. government to take an additional 5% of Intel, at $20 a share, if the company held less than 51% equity in its foundry business. Zinsner said he expects that warrant to expire.

“I think from the government’s perspective, they were aligned with that; they didn’t want to see us take the business and spin it off or sell it to somebody,” he said.

Zinsner added that the company received $5.7 billion in cash on Wednesday, as a result of last week’s deal, according to Reuters. (That cash comes from the remaining grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act.)

White House press secretary Karoline Leavitt told reporters today that the deal was still being ironed out.

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Intel declined to comment on the deal beyond Zinsner’s remarks.

This deal structure is clearly a testament to the Trump administration’s desire to bring more chip manufacturing to the United States as many players in the industry turn to Taiwan Semiconductor Manufacturing Company’s offshore manufacturing instead.

But this warrant also forces Intel to keep a business unit that is losing money. Intel Foundry reported an operating income loss of $3.1 billion during the second quarter and has been a source of strife for the semiconductor business.

There have been calls from analysts, board members, and investors alike to spin out the struggling foundry unit, which looked like it might actually happen last fall, before Intel Foundry’s architect, former CEO Pat Gelsinger, retired suddenly in December.

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#Trump #administrations #deal #structured #prevent #Intel #selling #foundry #unit #TechCrunch

Waymo says robotaxi service has resumed after it made “temporary adjustments” in San Francisco amidst a power outage that appears to have affected around 7,000 PG&E customers in the city.

According to a screenshot posted on social media, Waymo told SF customers that service was “temporarily paused” and that “freeway routes are unavailable.”

When TechCrunch reached out to the Alphabet-owned company for comment, a spokesperson said in a statement, “We are making temporary adjustments to our service while we monitor local conditions. We know riders depend on us, and we will return to normal operations as soon as possible.”

Following the initial publication of this article, a Waymo spokesperson added that the company “decided to pause service for approx. one hour to assess the scale of the power outage affecting a large portion of San Francisco and coordinate with local officials.”

Power outages have affected Waymo service in the past, for example when a number of Waymo vehicles stalled on city streets during a blackout in December, and when a similar incident paralyzed traffic during a Golden Gate Bridge fireworks show on the Fourth of July.

As a result, San Francisco Mayor Daniel Lurie has called for tougher state regulations to “adequately address how autonomous vehicles operate during major incidents, planned or not.”

This post has been updated with additional comment from Waymo reflecting that service has resumed.

#Waymo #San #Francisco #service #resumed #onehour #pause #TechCrunchWaymo">Waymo says San Francisco service has resumed after one-hour pause | TechCrunch
Waymo says robotaxi service has resumed after it made  “temporary adjustments” in San Francisco amidst a power outage that appears to have affected around 7,000 PG&E customers in the city.

According to a screenshot posted on social media, Waymo told SF customers that service was “temporarily paused” and that “freeway routes are unavailable.”







When TechCrunch reached out to the Alphabet-owned company for comment, a spokesperson said in a statement, “We are making temporary adjustments to our service while we monitor local conditions. We know riders depend on us, and we will return to normal operations as soon as possible.”

Following the initial publication of this article, a Waymo spokesperson added that the company “decided to pause service for approx. one hour to assess the scale of the power outage affecting a large portion of San Francisco and coordinate with local officials.”

Power outages have affected Waymo service in the past, for example when a number of Waymo vehicles stalled on city streets during a blackout in December, and when a similar incident paralyzed traffic during a Golden Gate Bridge fireworks show on the Fourth of July.

As a result, San Francisco Mayor Daniel Lurie has called for tougher state regulations to “adequately address how autonomous vehicles operate during major incidents, planned or not.”

This post has been updated with additional comment from Waymo reflecting that service has resumed.

#Waymo #San #Francisco #service #resumed #onehour #pause #TechCrunchWaymo

affected around 7,000 PG&E customers in the city.

According to a screenshot posted on social media, Waymo told SF customers that service was “temporarily paused” and that “freeway routes are unavailable.”

When TechCrunch reached out to the Alphabet-owned company for comment, a spokesperson said in a statement, “We are making temporary adjustments to our service while we monitor local conditions. We know riders depend on us, and we will return to normal operations as soon as possible.”

Following the initial publication of this article, a Waymo spokesperson added that the company “decided to pause service for approx. one hour to assess the scale of the power outage affecting a large portion of San Francisco and coordinate with local officials.”

Power outages have affected Waymo service in the past, for example when a number of Waymo vehicles stalled on city streets during a blackout in December, and when a similar incident paralyzed traffic during a Golden Gate Bridge fireworks show on the Fourth of July.

As a result, San Francisco Mayor Daniel Lurie has called for tougher state regulations to “adequately address how autonomous vehicles operate during major incidents, planned or not.”

This post has been updated with additional comment from Waymo reflecting that service has resumed.

#Waymo #San #Francisco #service #resumed #onehour #pause #TechCrunchWaymo">Waymo says San Francisco service has resumed after one-hour pause | TechCrunch

Waymo says robotaxi service has resumed after it made “temporary adjustments” in San Francisco amidst a power outage that appears to have affected around 7,000 PG&E customers in the city.

According to a screenshot posted on social media, Waymo told SF customers that service was “temporarily paused” and that “freeway routes are unavailable.”

When TechCrunch reached out to the Alphabet-owned company for comment, a spokesperson said in a statement, “We are making temporary adjustments to our service while we monitor local conditions. We know riders depend on us, and we will return to normal operations as soon as possible.”

Following the initial publication of this article, a Waymo spokesperson added that the company “decided to pause service for approx. one hour to assess the scale of the power outage affecting a large portion of San Francisco and coordinate with local officials.”

Power outages have affected Waymo service in the past, for example when a number of Waymo vehicles stalled on city streets during a blackout in December, and when a similar incident paralyzed traffic during a Golden Gate Bridge fireworks show on the Fourth of July.

As a result, San Francisco Mayor Daniel Lurie has called for tougher state regulations to “adequately address how autonomous vehicles operate during major incidents, planned or not.”

This post has been updated with additional comment from Waymo reflecting that service has resumed.

#Waymo #San #Francisco #service #resumed #onehour #pause #TechCrunchWaymo
announced a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment.

The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.

What Does Pixel Care+ Offer?

Google Reopens Pixel Care+ for Older Pixel Phones With Condition
	
Google has announced a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment. 



The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.



What Does Pixel Care+ Offer?







Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at  per month and goes up to  per month, while two-year plans cost 9 to 9.



There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a  service fee. Loss and Theft claims require a deductible between  and . Google does not provide this feature in New York. You must enroll before August 2, 2026.





#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel

Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at $8 per month and goes up to $15 per month, while two-year plans cost $159 to $279.

There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a $99 service fee. Loss and Theft claims require a deductible between $79 and $99. Google does not provide this feature in New York. You must enroll before August 2, 2026.

#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel">Google Reopens Pixel Care+ for Older Pixel Phones With Condition
	
Google has announced a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment. 



The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.



What Does Pixel Care+ Offer?







Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at  per month and goes up to  per month, while two-year plans cost 9 to 9.



There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a  service fee. Loss and Theft claims require a deductible between  and . Google does not provide this feature in New York. You must enroll before August 2, 2026.





#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel

a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment.

The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.

What Does Pixel Care+ Offer?

Google Reopens Pixel Care+ for Older Pixel Phones With Condition
	
Google has announced a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment. 



The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.



What Does Pixel Care+ Offer?







Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at  per month and goes up to  per month, while two-year plans cost 9 to 9.



There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a  service fee. Loss and Theft claims require a deductible between  and . Google does not provide this feature in New York. You must enroll before August 2, 2026.





#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel

Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at $8 per month and goes up to $15 per month, while two-year plans cost $159 to $279.

There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a $99 service fee. Loss and Theft claims require a deductible between $79 and $99. Google does not provide this feature in New York. You must enroll before August 2, 2026.

#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel">Google Reopens Pixel Care+ for Older Pixel Phones With Condition

Google has announced a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment.

The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.

What Does Pixel Care+ Offer?

Google Reopens Pixel Care+ for Older Pixel Phones With Condition
	
Google has announced a limited-time opportunity for eligible Pixel users to purchase Pixel Care+ even after the usual enrollment period. The company normally allows users to add the protection plan within 60 days of buying a new Pixel phone. Google has reopened Pixel Care+ enrollment for a limited time, but only for US customers. Your phone must pass Google’s condition check before enrollment. 



The company requires that the phone work properly and not be physically damaged. You can sign up until August 2, 2026. Compatible phones are: Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, Pixel 9a, Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10a. The offer does not cover the Pixel 9 Pro Fold, Pixel 10 Pro Fold, Pixel 8 series, older Pixel devices, or Pixel Watch.



What Does Pixel Care+ Offer?







Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at  per month and goes up to  per month, while two-year plans cost 9 to 9.



There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a  service fee. Loss and Theft claims require a deductible between  and . Google does not provide this feature in New York. You must enroll before August 2, 2026.





#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel

Pixel Care+ offers protection beyond Google’s standard warranty. It covers accidental damage, hardware failures, and eligible repairs. Google does not charge for eligible front screen, back glass, or battery replacements. The plan also includes next-day replacement and priority support from Pixel experts. Users can add Loss and Theft Protection with a higher-tier plan. Google allows up to two loss-or-theft claims each year. Pricing starts at $8 per month and goes up to $15 per month, while two-year plans cost $159 to $279.

There are a few conditions you must meet before you can purchase Pixel Care+. Google requires your phone to pass a detailed condition inspection. The device cannot have cracked glass, liquid damage, charging issues, faulty buttons, or a swollen battery. Other accidental repairs still include a $99 service fee. Loss and Theft claims require a deductible between $79 and $99. Google does not provide this feature in New York. You must enroll before August 2, 2026.

#Google #Reopens #Pixel #Care #Older #Pixel #Phones #ConditionGoogle Pixel

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