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The US Department of Commerce on Friday announced its awards for Samsung, Texas Instruments and Amkor Technology under the CHIPS Incentives Program, which come to more than $6.75 billion altogether. The program is meant to help expand domestic semiconductor production. Samsung was awarded up to $4.745 billion in direct funding a smaller amount than the preliminary award of up to $6.4 billion that was announced earlier this year while Texas Instruments was granted up to $1.61 billion and Amkor up to $407 million. Samsung plans to invest $37 billion over the next few years to ramp up chip development and production in the US, the DOC said. The company will expand its operations in Texas to include two new production facilities and a site for research and development. It also plans to expand an existing facility in Austin. Texas Instruments is working to build three new facilities two in Texas and one in Utah which its said it will invest over $18 billion in through 2029. Amkor is planning a $2 billion investment to create an advanced packaging and test facility in Peoria, Arizona. According to Reuters, itll be the countrys largest facility of its kind. The Commerce Department says the awards will be doled out as the companies complete certain project milestones. It expects the funding to support the creation of thousands of jobs per project.This article originally appeared on Engadget at https://www.engadget.com/big-tech/doc-finalizes-semiconductor-awards-totaling-nearly-7-billion-for-samsung-texas-instruments-and-amkor-235749200.html?src=rss
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After announcing this week that it furloughed 82 employees, EV startup Canoo emailed remaining workers to inform them they were being placed on a mandatory unpaid break and would be locked out of the companys systems at the end of the day Friday, TechCrunch reports. The email viewed by TechCrunch reportedly said the break would last at least through the end of the year. Canoo announced on Wednesday that it was idling its Oklahoma factories while it works to finalize securing the capital necessary to move forward with its operations. Canoo has faced financial difficulties, lawsuits and the departure of multiple executives over the last year. It previously announced it was furloughing 30 employees just this fall. Canoos announcement on Wednesday said that the company is now in advanced discussions with various capital sources. In a statement about the cuts, Canoo said, We regret having to furlough our employees, especially during the holidays, but we have no choice at this point. We are hopeful that we will be able to bring them back to work soon. This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/canoo-put-employees-on-a-mandatory-unpaid-break-after-pausing-work-at-oklahoma-factories-this-week-221912555.html?src=rss
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Google has filed a proposal outlining how it would remedy the antitrust violations its been accused of by the Department of Justice, after the DOJ called for Google to sell off Chrome and face restrictions that would prevent it from favoring its own search engine in Android. Judge Amit Mehta of the US District Court for the District of Columbia ruled in August that Google has violated Section 2 of the Sherman Act, and called Google a monopolist. Google said in the proposal filed on Friday night that it disagreed with the ruling but suggested ways to make its contracts with browser companies and Android device makers more flexible. In a blog post summarizing the filing, Googles VP of regulatory affairs Lee-Anne Mulholland wrote that the proposal would let browser companies like Apple and Mozilla continue to offer Google Search to their users and earn revenue from that partnership, while allowing them to have multiple default agreements across different platforms (e.g., a different default search engine for iPhones and iPads) and browsing modes. And browsers would be able to change their default search provider every 12 months. The proposal would also give device makers additional flexibility in preloading multiple search engines, and preloading any Google app independently of preloading Search or Chrome. Google said it plans to appeal the judges decision ahead of a hearing in April, and will submit a revised proposal on March 7. In the blog post, Mulholland called the DOJs proposal overboard, going on to write that it reflects an interventionist agenda and goes far beyond what the Courts decision is actually about our agreements with partners to distribute search.This article originally appeared on Engadget at https://www.engadget.com/big-tech/google-proposes-alternative-remedies-for-its-search-monopoly-after-doj-demands-radical-changes-185253526.html?src=rss
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