this post was submitted on 23 Aug 2025
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Privacy

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US to take 10% equity stake in Intel, in Trump's latest corporate move. What are you thoughts on this from a privacy standpoint? I'm not close to being an expert on this tech, but can the US Government exploit this?

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[–] arcterus@piefed.blahaj.zone 26 points 4 days ago (1 children)

It's always laissez-faire capitalism until some big company has issues, then all of a sudden it's state capitalism.

Anyway, supposedly the government doesn't have a board seat, so it should have limited power. However, who knows what the unspecified "limited exceptions" are for it to be allowed to vote. I don't really think this makes much difference from the status quo other than the US being able to pressure Intel slightly more easily and further tying Intel to the US. However, it's probably something to watch in case the government starts trying to vacuum up other shares to gain majority control, voting power, etc. If something like that happens, I'd be wary of using consumer Intel products.

[–] helloworld@lemmy.ml 1 points 2 days ago

It’s always laissez-faire capitalism until some big company has issues

It is always about power. Always raw power and might.