After U.S. Government Takes Stake, Intel Gets Reprieve from Some CHIPS Act Duties

September 1, 2025 – On August 23, Intel made a groundbreaking announcement regarding a significant agreement with the U.S. government. The government is set to invest a whopping 8.9billioninthechip−makinggiantinexchangefora9.95.7 billion coming from the pre – allocated CHIPS Act funds and an additional $3.2 billion from the “Secure Enclave” initiative. During the Deutsche Bank 2025 Technology…

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Google Confirms New Round of Layoffs Affecting Hundreds of Employees Globally

January 11, 2024 – Google has confirmed in an emailed statement that it is implementing layoffs across several teams, stating, “Organizational changes, including the elimination of certain roles globally, are ongoing within certain teams.” According to Bloomberg, the tech giant has initiated a new round of layoffs affecting hundreds of employees. Those impacted include staff…

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