Business

Tech Giants Face Government Stake Claims

Updated 2026-06-08 09:15 UTC 2 sources Neutral

President Trump is pushing for the U.S. government to take stakes in AI giants, potentially reshaping tech industry dynamics. Meanwhile, Intesa's unsolicited $35.3 billion bid for BPM intensifies competition among financial institutions.

Coverage timeline — 2 articles
CNBC
Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe's second-biggest ​bank by market capitalization.
2026-06-08 08:38 UTC
Axios
President Trump is pursuing a Bernie-like interest in having the U.S. government take stakes in AI giants — not out of populism, but with a dealmaker's eye for profit.Why it matters:</str
2026-06-08 09:00 UTC
Share: Twitter / X LinkedIn