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Visa offers Apple $100 million to take over the Apple Card from Mastercard as Goldman Sachs exits consumer lending.

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Intel has appointed Lip-Bu Tan as its new CEO, replacing Pat Gelsinger. Tan, who previously served as CEO of Cadence Design Systems, shared his vision to restore Intel's position in the industry.

Intel has appointed Lip-Bu Tan, a major figure in the semiconductor industry, as CEO, the company announced late Wednesday. Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus.