Intel CEO Pat Gelsinger plans to turn the company's foundry business into an independent unit with its own board, allowing it to evaluate independent sources of funding. The restructuring comes days after Intel's board met to assess the direction and future of the company. Intel shares jumped almost 10% in extended trading on Monday.

Source: https://www.techmeme.com/river

Unfortunately, the article does not provide any critical information, such as organizations, persons, products, numbers, time, and locations, as it only contains a generic error message.

Source: https://www.techmeme.com/river

Source: https://www.techmeme.com/river

The Justice Department argued that Google's 20% commission for ad transactions, which was higher than its competitors, is a sign of the company's monopoly over online ads. Google executives privately worried about the fee being difficult to defend. The DOJ cited internal Google documents and the testimony of former Google sell-side ads executive Chris LaSala to demonstrate that Google never experienced pricing pressure due to its dominance in the market.

Source: https://www.techmeme.com/river

Grafana Labs was founded by three founders from different continents, with a team spread across 40+ countries. The company has offices in New York City and Stockholm, but no headquarters. They communicate asynchronously and work autonomously, trusting team members to deliver great work regardless of location or time zone.

Source: https://www.techmeme.com/river

Apple has released official updates for its software, including iOS 18, iPadOS 18, macOS Sequoia, watchOS 11, tvOS 18, and visionOS 2 for Apple Vision Pro. Users can update their devices by going to the respective settings menus. The updates come ahead of the launch of the iPhone 16 this Friday.

Source: https://www.techmeme.com/river

Amazon's CEO Andy Jassy instructed corporate employees to spend five days a week in the office, effective January 2. This change marks a shift from the previous policy requiring at least three days a week in the office. The new policy aims to strengthen the company's culture and teams.

Source: https://www.techmeme.com/river

Source: https://www.techmeme.com/river

Apple has released macOS 15 Sequoia, which will be known as 'the AI one' due to its introduction of Apple Intelligence features. However, none of these AI features are ready for public consumption yet, with some not being available until later this fall or even the end of the year. The 15.0 release focuses on non-AI additions to macOS, making it a typical 2020 update.

Source: https://www.techmeme.com/river

11xAI, a startup founded in London, has raised $24 million in Series A funding led by Benchmark, a year after its $2 million seed round. The company, now headquartered in San Francisco, builds AI bots for process automation, focusing on go-to-market teams like sales, marketing, and revenue operations. Its AI agents, called 'automated digital workers', aim to handle repetitive tasks, allowing human employees to focus on strategic work.

Source: https://www.techmeme.com/river