TechGenez.com -- Back in December of 2021, Intel CEO Pat Gelsinger weighed in on when the chip shortage would end. He stated at the time he thought the situation would improve in 2023. Mr. Gelsinger was speaking in Malaysia where he was announcing a $7.1B investment in a new packaging facility. Back in those simpler times, he said it was just a matter of supply and demand...Click Here to Read More.

Cameo, a platform that allows fans to buy personalized videos from celebrities, has laid off 87 members of its staff, according to a tweet from CEO Steven Galanis. The layoffs, as first reported by The Information, impacted a quarter of the overall workforce and was a result of the company needing to balance costs with cash reserves.

Elon Musk Buys Twitter for $44 Billion — Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday. The stock was halted for the news but was up more than 6% once it resumed trading.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement included in the press release announcing the $44 billion deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”