Seagate Intevac Acquisition: A $119 Million Deal

In a strategic move poised to reshape the data storage landscape, Seagate Technology has announced its intent to acquire Intevac, a key player in hard drive equipment manufacturing, for $119 million in cash.This acquisition, which involves a tender offer of $4 per share for Intevac’s publicly traded stock, has garnered unanimous backing from Intevac’s board and major shareholders.

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OpenAI Diversity Commitment Faces Website Change

In a striking shift away from its previously stated commitment to diversity, equity, and inclusion (DEI), OpenAI has quietly removed a dedicated webpage that underscored its dedication to these principles.The former URL now redirects to a new page focused on “building dynamic teams,” which, while acknowledging varied backgrounds, notably omits the term “diversity.” This change raises questions about the company’s current stance on DEI amidst a broader trend of corporate retrenchment from these concepts, as political pressures mount against such initiatives.

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