GlobalWafers Ties Proposal for Texas Foundry to CHIPS Act

Taiwanese semiconductor giant GlobalWafers wants to invest $5 billion to construct a state-of-the-art 300-millimeter silicon wafer factory in Sherman, Texas, but only if Congress can fund the CHIPS for America Act, which passed in January 2021 and has been promised $52 billion but sits with an empty purse. The new GlobalWafers factory would be the first of its kind in the U.S. in 20 years and is expected to create 1,500 jobs. GlobalWafers president Mark England says if government incentives are not unleashed soon the company will “pivot to South Korea.” Continue reading GlobalWafers Ties Proposal for Texas Foundry to CHIPS Act

Big Tech Taps AI to Advance Data Center Safety, Efficiency

Data centers can be hazardous to the workers that build and maintain them, with exposure to live electrical wires and dangerous chemicals part of the job. Now tech firms including Microsoft and Meta Platforms are exploring how artificial intelligence can be used to make data centers safer for employees. Microsoft is working on an AI system that triggers alerts to prevent or mitigate dangerous incidents, while Meta is also analyzing ways AI can optimize data centers operating under extreme environmental conditions in order to prevent safety hazards. Continue reading Big Tech Taps AI to Advance Data Center Safety, Efficiency

Municipalities Want Streaming Services to Pay Franchise Fees

As streaming media services increasingly resemble cable bundles, more towns and counties are looking to regulate them. In Georgia for example, three municipalities filed a federal lawsuit against Netflix, Hulu and other services for as much as 5 percent of their gross revenue in an attempt to treat them as cable services. According to the lawsuit, Netflix earned about $103 million over the recent five years from subscribers in Gwinnett County, Georgia. If treated as a cable provider, that would represent $5.15 million in retroactive fees. Continue reading Municipalities Want Streaming Services to Pay Franchise Fees

Hyperloop Projects Bring New Travel Tech Closer to Reality

Hyperloop technology — which relies on magnetic levitation, steel tubs and vacuum pumps — is one way that hopeful technologists promise to improve the travel experience. Most recently, a Missouri congressman proposed a hyperloop between Kansas City, Missouri and St. Louis, which would take 30 minutes to travel 250 miles. In Las Vegas, Nevada, Elon Musk’s The Boring Company (TBC) landed its first commercial contract, for $48.7 million, to build a “people mover” that would shuttle people around the city’s Convention Center, expected to be ready for CES 2021. Continue reading Hyperloop Projects Bring New Travel Tech Closer to Reality

Facebook Data Policy Update Will Curb Surveillance of Users

Under pressure from the ACLU and other advocacy groups, Facebook announced it would not allow law enforcement and third party vendors to use its data for surveillance purposes. Facebook did not define surveillance in the update to its data policy, but police have reportedly been using the social network to track protesters and activists. In October, the ACLU published documents from startup Geofeedia that detailed how the location-based, social media analytics platform tracked protestors in Baltimore, Maryland and Ferguson, Missouri. Continue reading Facebook Data Policy Update Will Curb Surveillance of Users

New York Governor Signs Bill Legalizing Daily Fantasy Sports

New York passed a bill in June legalizing daily fantasy sports, enabling popular services such as DraftKings and FanDuel to operate in the state. Yesterday, Governor Andrew Cuomo signed the bill into law. “Daily fantasy sports have proven to be popular in New York, but until now have operated with no supervision and no protections for players,” explained Cuomo. “This legislation strikes the right balance that allows this activity to continue with oversight from state regulators, new consumer protections, and more funding for education.” Continue reading New York Governor Signs Bill Legalizing Daily Fantasy Sports

Fantasy Sports May Return to New York if Governor Signs Bill

The New York legislature passed a bill over the weekend that would legalize and regulate fantasy sports in the state. Last fall, Attorney General Eric Schneiderman said daily fantasy sports are a violation of state gambling laws; courts then ruled to shut down DraftKings and FanDuel. The new decision could impact the industry’s ongoing efforts “to pass bills in statehouses that would validate its contention the practice isn’t gambling and shouldn’t be subject to state gambling bans or other restrictions,” reports The Wall Street Journal. “The industry has won passage of bills in Indiana, Virginia, Tennessee, Mississippi, Missouri and Colorado, but it has lost battles in several other states.” Continue reading Fantasy Sports May Return to New York if Governor Signs Bill

FCC Signs Off on Altice Acquisition of Cablevision Systems

The Federal Communications Commission has approved Altice NV’s proposed $17.7 billion acquisition of Cablevision Systems Corp. As part of the deal, the European telecom group would assume Cablevision debt and invest to upgrade the company’s broadband. According to the FCC, Altice has a record of improving services after investing in broadband companies in Belgium, France, Israel, Luxembourg and Portugal. In December, the FCC approved Altice’s $9.1 billion purchase of Missouri-based cable company Suddenlink Communications. Continue reading FCC Signs Off on Altice Acquisition of Cablevision Systems

AT&T GigaPower Service Offers Data Privacy for Monthly Fee

GigaPower by AT&T, the company’s 1 gigabit-per-second service, was introduced in 2013 in Austin, Texas — and this week it rolled out in Kansas City, Missouri. While customers can enjoy ultrafast fiber-optic Internet access for $70 per month, AT&T also tracks their online activities. Those who prefer to keep their browsing habits private can pay an additional $29 a month. Since opting out of sharing such data is typically offered free of charge, some are questioning whether AT&T’s model will discourage people from doing so. Continue reading AT&T GigaPower Service Offers Data Privacy for Monthly Fee