Tech

House lawmakers form new caucus to rein in Big Tech

The Freedom from Big Tech Caucus will be led by Reps. Ken Buck of Colorado and Lance Gooden of Texas. Other founding members include Reps. Madison Cawthorn of North Carolina, Burgess Owens of Utah and Paul Gosar of Arizona.

Intel is in talks to buy GlobalFoundries for about $30 billion

Intel Corp. INTC -1.26% is exploring a deal to buy GlobalFoundries Inc., according to people familiar with the matter, in a move that would turbocharge the semiconductor giant’s plans to make more chips for other tech companies and rate as its largest acquisition ever.