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White House touts $11 billion US semiconductor R&D program

 The White House on Friday touted the US government's plan to spend $11 billion on semi conduct or-related research and development and said it was launching the $5 billion National Semi conduct or Technology Center. Congress in August 2022 approved the landmark Chips and Science Act. The law provides that $52.7 billion, including $39 billion in subsidies for semiconductor production and $11 billion research and development. It also creates a 25% investment tax credit for building chip plants, estimated to be worth $24 billion. The centerpiece of the R&D program is the National Semi conduct or Technology Center, which will conduct research and prototyping of advanced semi conduct or Technology . The center is a "public private partnership that the government, industry customers, suppliers, academics, entrepreneurs, venture capitalists to come together to innovate, connect, network, solve problems and allow Americans to compete and out compete the world,...
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DuckDuckGo says Google's billions got in the way of a deal

 The CEO of privacy-oriented search engine DuckDuckGo said its talks with Apple about a potential contract failed because the smartphone maker was reluctant to give up Google's multi billion dollar paychecks, according to newly transcripts of a landmark antitrust trial of the Alphabet unit. Gabriel Weinberg, who also founded the company, testified on Sept. 21 on the effect on DuckDuckGo of Google's $10 billion in annual payments to smartphone makers and others to keep its search engine as the default on computers or mobile devices. Some of his testimony took place outside of public view. A redacted transcript unsealed late on Wednesday showed DuckDuckGo had struck a deal with Apple in 2014 to be shown as an option on Apple devices. Soon after, DuckDuckGo began pressing Apple to be made the default choice for users who wanted to work in privacy mode, which limited data collected on the user. App makers seek to be the default in their area, whether ...
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Elon Musk puts $20 billion value on Twitter

Twitter Inc CEO Elon Musk has offered the social-media company's employees stock grants at a valuation of nearly $20 billion , the Information reported on Saturday, citing a person familiar with an email Musk sent to Twitter staff. The reported valuation is less than half of the $44 billion that Musk paid to acquire the social media platform, pointing to a drop in Twitter's value. Twitter did not immediately respond to a Reuters' emailed request for a comment. Musk said in December that Twitter is on track to be "roughly cash flow break-even" in 2023 as top advertisers slashed their spending on the social-media platform after the billion aire' s takeover. Source: https://thefoxposts.com/elon-musk-puts-20-billion-value-on-twitter-TheFOXposts-16027.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category: Technology Post by: TheFOXposts.Com
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