Miscellaneous News

AssassinsMace

Lieutenant General
CIA update ASAP
What about all these public wargamesTM??
This is how arrogant Americans are when they're offended that China has a military designed to counter the US. Duh! They know how arrogant they are too because they'll frame it as China is plotting to take over the world because why else would they be building a military to beat the US? It can't be because the US is the bad guy. They're the ones claiming their military is superior and can easily beat China. China has no military experience, remember? I thought they wanted to treat China like Reagan did to the Soviet Union. Make them go bankrupt trying to catch-up with the US. China would have to spend money on their military in order for that to happen. So what are they worried about if everything is in their favor? Because it's all a facade. Yeah sure they can kill more... but they can't take casualties. That's why during the Iraq War they lionized each soldier that died. They had to make the families feel like America was morning with them for their loss or else it just ain't worth it to them. Even though the US suffered low casualties, the war kept dragging on and remember their dead just wasn't as important anymore and the war lost support. The US is a terrorist state because they have to threaten countries with their military in order to get them to do what they want. And they wonder why China has a military to defend itself...

That little fact Hegseth gave about the US having a perfect record in wargames against China... in losing, I've been mentioning for a while in this forum. Of course when I say it to an American, they don't believe it. It's not a dozen years like Hegseth claims. It's more like forty years of simulated wargames at the US Naval War College. It doesn't matter if US military technology advances through the decades. The US loses every single time because the US Navy can't defend itself from the swarm after swarm after swarm of low-cost anti-ship missiles China can hurl at them. China doesn't have experience? The US doesn't have experience in fighting a modern war against a peer adversary.
 

FriedButter

Colonel
Registered Member
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Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%​

Intel said on Wednesday that it had appointed Lip-Bu Tan as its new CEO, as the chipmaker attempts to recover from a tumultuous four-year run under Pat Gelsinger. The stock jumped 12% in extended trading.

Tan was previously CEO of Cadence Design Systems, which makes software used by all the major chip designers, including Intel. He was an Intel board member but departed last year, citing other commitments.

Tan replaces interim co-CEOs David Zinsner and MJ Holthaus, who took over in December when former Intel CEO Patrick Gelsinger was ousted. Tan is also rejoining Intel’s board.

The appointment closes a chaotic chapter in Intel’s history, as investors pressured the semiconductor company to cut costs and spin off businesses due to declining sales and an inability to crack the booming artificial intelligence market.

“In areas where we have momentum, we need to double down and extend our advantage,” Tan said in statement on Intel’s website. “In areas where we are behind the competition, we need to take calculated risks to disrupt and leapfrog. And in areas where our progress has been slower than expected, we need to find ways to pick up the pace.”

Tan becomes the fourth permanent CEO at Intel in seven years. Following Brian Krzanich’s resignation in 2018, after the revelations of an inappropriate relationship with an employee, Bob Swan took the helm in Jan. 2019. He departed two years later after Intel suffered numerous blows from competitors and chip delays. Swan was succeeded by Gelsinger in 2021.

Gelsinger took over with a bold plan to transform Intel’s business to manufacture chips for other companies in addition to its own, becoming a foundry. But Intel’s overall products revenue continued to decline, and investors fretted over the significant capital expenditures needed for such massive chip production, including constructing a $20 billion dollar factory complex in Ohio.

Intel former CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.

Annabelle Chih | Bloomberg | Getty Images

Last fall, after a disappointing earnings report, Intel appeared to be for sale, and reportedly drew interest from rival companies including Qualcomm. Analysts assessed the possibility of Intel spinning off its foundry division or selling its products division — including server and PC chips — to a rival.

In AI, Intel has gotten trounced by Nvidia, whose graphics processing units (GPUs) have become the chip of choice for developers over the past few years.

Frank Yeary, who assumed the role of interim executive chair during the CEO search, said in a press release that Tan has a “proven track record of creating shareholder value.”

“We are delighted to have Lip-Bu as our CEO as we work to accelerate our turnaround and capitalize on the significant growth opportunities ahead,” said Yeary, who is now returning to the independent chair position.

In January, Intel issued a weak forecast even as it beat on earnings and revenue. The company pointed to seasonality, economic conditions and competition, and said clients are digesting inventory. The prospect of tariffs was adding to the uncertainty, Zinsner said at the time.

Intel said that Zinsner will return to his previous role of CFO. Holthaus will remain in charge of Intel Products.

Intel was removed from the Dow Jones Industrial Average in November and was replaced by Nvidia, reflecting the dramatic change of fortune in the semiconductor industry. Intel shares lost 60% of their value last year, while Nvidia’s stock price soared 171%. At Wednesday’s close, Intel’s market cap was $89.5 billion, less than one-thirtieth of Nvidia’s valuation.
Tan was previously CEO of Cadence Design Systems, which makes software used by all the major chip designers, including Intel. He was an Intel board member but departed last year, citing other commitments.

Under Cadence as CEO, he grew the company valuation from 1.5 billion to 65 billion today. Guess we will find out if Intel will turn around in the coming years.
 

FriedButter

Colonel
Registered Member
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Russia will never betray China – Lavrov​

Moscow will honor all its commitments to Beijing, unlike the West in its promises to the USSR, the foreign minister has asserted

Russia deeply values its relationship with China and is committed to fulfilling all obligations to its partner, Foreign Minister Sergey Lavrov has said.

In an interview with US podcasters conducted in English released on Wednesday, Russia's top diplomat was asked to comment on claims that former President Joe Biden made a strategic blunder by pushing Russia closer to China, through Washington’s response to the Ukraine conflict.

“The Americans know that we would not betray our commitments, legal commitments, but also, you know, the political commitments which we develop with the Chinese,” the top diplomat assured. “We never had the relations with China which were that good, that confidential, that long-term build and that would be enjoying support of the peoples of both countries,” he said.

The interviewers suggested US President Donald Trump's approach replicates President Richard Nixon’s historic 1972 rapprochement with China that ensured a continuation of the Sino-Soviet split.

Current circumstances are “radically different” from those of the 1970s, Lavrov insisted.

He contrasted Moscow’s adherence to its promises with the West’s breach of assurances made to Soviet leader Mikhail Gorbachev that NATO would not expand eastward.

“Now they say that there is no legal obligation not to expand NATO. Fine, if you can only implement your promise by court then of course you need legal obligations all over you,” the minister said. “But if you are a person of dignity, a man of dignity, if you agreed on something by political commitment you have to deliver.”

Russia regards NATO’s presence on its border and the pledge to grant Ukraine membership as crucial factors in the ongoing conflict. The Trump administration has suggested that swiftly resolving the fighting in Ukraine could open avenues for mutually beneficial cooperation with Moscow. Lavrov expressed hope that a sense of normalcy would be restored to US-Russian relations, allowing the two nations to resolve their differences peacefully.
“The Americans know that we would not betray our commitments, legal commitments, but also, you know, the political commitments which we develop with the Chinese,” the top diplomat assured. “We never had the relations with China which were that good, that confidential, that long-term build and that would be enjoying support of the peoples of both countries,” he said.
The interviewers suggested US President Donald Trump's approach replicates President Richard Nixon’s historic 1972 rapprochement with China that ensured a continuation of the Sino-Soviet split.

Current circumstances are “radically different” from those of the 1970s, Lavrov insisted.

The one big factor missing in the US-RU Nixon narrative is that China and Russia relations are friendly and not hostile. Somehow that point is either forgotten or overlooked by almost everyone. Replicating the Nixon policy requires China to backstab the Russians to have any chance of working. If anything, it was China who indirectly did a Nixon policy in getting Russia onboard with China instead of the West.
 

SanWenYu

Captain
Registered Member
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The one big factor missing in the US-RU Nixon narrative is that China and Russia relations are friendly and not hostile. Somehow that point is either forgotten or overlooked by almost everyone. Replicating the Nixon policy requires China to backstab the Russians to have any chance of working. If anything, it was China who indirectly did a Nixon policy in getting Russia onboard with China instead of the West.
No they did not forget or overlook. They just haven't been successful. 精乌 or 乌贼 are those from within pushing China to backstab Russia.
 

AssassinsMace

Lieutenant General
This is how arrogant Americans are when they're offended that China has a military designed to counter the US. Duh! They know how arrogant they are too because they'll frame it as China is plotting to take over the world because why else would they be building a military to beat the US? It can't be because the US is the bad guy. They're the ones claiming their military is superior and can easily beat China. China has no military experience, remember? I thought they wanted to treat China like Reagan did to the Soviet Union. Make them go bankrupt trying to catch-up with the US. China would have to spend money on their military in order for that to happen. So what are they worried about if everything is in their favor? Because it's all a facade. Yeah sure they can kill more... but they can't take casualties. That's why during the Iraq War they lionized each soldier that died. They had to make the families feel like America was morning with them for their loss or else it just ain't worth it to them. Even though the US suffered low casualties, the war kept dragging on and remember their dead just wasn't as important anymore and the war lost support. The US is a terrorist state because they have to threaten countries with their military in order to get them to do what they want. And they wonder why China has a military to defend itself...

That little fact Hegseth gave about the US having a perfect record in wargames against China... in losing, I've been mentioning for a while in this forum. Of course when I say it to an American, they don't believe it. It's not a dozen years like Hegseth claims. It's more like forty years of simulated wargames at the US Naval War College. It doesn't matter if US military technology advances through the decades. The US loses every single time because the US Navy can't defend itself from the swarm after swarm after swarm of low-cost anti-ship missiles China can hurl at them. China doesn't have experience? The US doesn't have experience in fighting a modern war against a peer adversary.

Speak of the Devil...

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coolgod

Brigadier
Registered Member
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Rheinmetall says it could take over idle Volkswagen plants to produce tanks​

German weapons contractor reports record profits in ‘era of rearmament’ for Europe

Rheinmetall is considering taking over one of Volkswagen’s soon-to-be idle plants, as the growing arms maker scours Germany for extra production capacity while struggling carmakers scale back.

Chief executive
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on Wednesday said VW’s plant in Osnabrück was a “good fit” for Rheinmetall operations, but stressed any decision to acquire idle car factories would depend on securing more tank orders.
VW’s Osnabrück plant is one of three set to become idle within the next two years after the carmaker decided in December to halve production capacity in the country because of a slowdown in European car sales.

Papperger said it was “far more complex” to build something than to use “something that’s already there”. He said
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was in “constant conversation” with VW because of a military trucks joint venture with the carmaker’s MAN Truck & Bus.

Germany is back ;)
 
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