Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
The U.S. government will give Samsung up to $6.4 billion in direct funding to boost its chip production in Texas, the Commerce Department said on Monday.In return, the South Korean tech giant will commit $45 billion in investment for its two chip production facilities, one under construction in Taylor and another exiting one in Austin. Samsung will also build an additional advanced packaging plant and a research center.Samsung becomes the third-largest receipt of funding from the U.S. under the...
Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application.
Government agencies can still tap over P15 billion in disaster funds to mitigate the impacts of El Niño, the Department of Budget and Management (DBM) said yesterday.
President Joe Biden will give a speech Thursday in Syracuse, New York, about the recent investment in semiconductor factories. The speech will address how the CHIPS and Science Act will strengthen semiconductor manufacturing in the U.S. The event is expected to begin at 2 p.m. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The […]
Samsung is going to get $6.4 billion from the US CHIPS and Science Act. As part of the arrangement, the company has promised to invest $40 billion in and around Austin, Texas, in the coming years.
CHICAGO >> The Chicago Bears unveiled a nearly $5 billion proposal today for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help make it happen.
The US Federal Trade Commission sued to stop Tapestry Inc.'s $8.5 billion
The US Federal Trade Commission sued to stop Tapestry Inc.'s $8.5 billion
The US Federal Trade Commission sued to stop Tapestry Inc.'s $8.5 billion
The antitrust regulator says Tapestry’s purchase of Capri Holdings hurts competition among affordable luxury handbag sellers; Companies vow to defend merger.
LightFury Games, a gaming startup launched by Karan Shroff, former chief marketing officer of Unacademy, has secured $8.5 million in a seed funding round led by Blume Ventures, Mixi and Gemba Capital. Other investors such as Cred founder Kunal Shah and Unacademy CEO Gaurav Munjal also participated in the round.The startup plans to utilise the new capital to develop AAA games in India and will initially focus on mobile gaming before expanding to other platforms, including consoles.AAA games are...