Intel’s new CEO Lip-Bu Tan is under fire after Donald Trump publicly demanded his immediate resignation over alleged ties to Chinese companies, calling him “highly conflicted.” This comes as Senator Tom Cotton also raised concerns about Tan’s connections and their impact on national security. Even before Trump’s involvement, Tan was already clashing with Intel’s board over the company’s future strategy, including manufacturing and AI investments. The controversy sent Intel’s stock tumbling and signals deepening turmoil at the chip giant, which has struggled to keep pace with rivals and faced leadership upheaval since Pat Gelsinger’s exit.
Tag: CEO resignation
Viral Concert Clip Forces Astronomer CEO to Resign After Public Backlash
Andy Byron, CEO of data startup Astronomer, has stepped down after a Coldplay concert “kiss cam” caught him in a viral moment with his chief people officer, Kristin Cabot. The clip, which triggered over 22,000 news mentions in 24 hours, sparked massive social media debate. The company placed both execs on leave before confirming Byron’s resignation. Astronomer admitted their leadership failed to meet standards and emphasized that despite the buzz, their core work in DataOps remains unchanged. Honestly, it’s a strange case of personal moments spiraling into corporate chaos — and a reminder of how brutal viral fame can be in the startup world.
Credit: TechCrunch