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Nov 27 (Reuters) - Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity.

The U.S. Commerce Department announced the subsidy to Intel on Tuesday, part of $39 billion for the sector including Taiwan Semiconductor Manufacturing Co and others in an effort to revitalize chip manufacturing in the United States.

Intel Chief Executive Pat Gelsinger in September said that the company planned to spin its chip manufacturing operations into a subsidiary and was open to taking on outside investors in the unit, called Intel Foundry.

In a securities filing, Intel said on Wednesday the subsidies require it to own at least 50.1% of Intel Foundry if the unit is separated into a new privately held legal entity. If Intel Foundry becomes a public company and Intel itself is not the largest shareholder, the company could sell only 35% of Intel Foundry to any single shareholder before running into change-in-control provisions.

Intel did not immediately respond to a request for comment on the disclosures. A Commerce Department spokesman said the government is negotiating change-in-control provisions with all direct grant recipients.

Intel would need to comply with the restrictions to continue the company's $90 billion worth of projects in Arizona, New Mexico, Ohio, and Oregon and keep manufacturing cutting-edge chips in the U.S., according to the filing. Any changes in control could require Intel to seek permission from the U.S. Department of Commerce, the filing said.

By fine-tuning models with carefully curated techniques, TTT improved accuracy sixfold in some cases and set a new state-of-the-art for purely neural approaches, achieving 53% accuracy with an 8-billion-parameter model. When combined with program synthesis methods, the models reached 61.9% accuracy, matching average human performance. The findings suggest that symbolic reasoning isn’t essential for solving complex problems, emphasizing the power of dynamic, computation-focused approaches during inference. → Read the full paper here.

From: https://www.youtube.com/watch?v=yqciKS_N0K8

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WhatsApp Ireland Ltd has appealed a €225 million ($236 million) fine to the Court of Justice of the European Union (CJEU) on Tuesday, the European Union’s highest court of appeal. The company, owned by Meta, is challenging a binding decision issued by the European Data Protection Board (EDPB) regarding alleged violations of its data privacy obligations.

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Name countries to travel from the Start Country to the End Country. Try to get there in the fewest guesses!

Another (US, yes, other cultures feel free to substitute your own here) Thanksgiving. I don't really enjoy turkey, I have food issues anyway, feasting is very conflicted.

Then, there is the enforced extended family togetherness, the clueless rightwing folks carrying on vs the suffering vegans. Everyone expected to be happy. This is almost beyond cliché, but it's real, happens every year.

cross-posted from: https://sh.itjust.works/post/28632885

https://kolektiva.social/@MikeDunnAuthor/113544169466951688

Summary

Robert F. Kennedy Jr., Donald Trump’s pick for Health and Human Services secretary, has a history of extreme rhetoric and conspiracy theories about vaccines.

In previously unreported comments at autism conferences, Kennedy likened vaccination programs to Catholic Church abuse scandals and Nazi death camps and argued for jailing vaccine scientists.

He has falsely claimed vaccines cause autism and accused public health agencies like the CDC of corruption and hiding vaccine dangers.

Critics fear his leadership could dismantle vaccine safety efforts, decrease public trust, and disrupt public health policy.

Business Secretary Jonathan Reynolds is set to confirm the Government will consult on easing rules related to the phasing-out of new petrol and diesel cars, the PA news agency understands.

The Cabinet minister is expected to use a speech to the automotive industry on Tuesday night to announce that changes to flexibilities available to manufacturers as part of the zero-emission vehicles (Zev) mandate will be proposed.

Under the mandate, at least 22% of new cars sold by each manufacturer in the UK this year must be zero-emission, which generally means pure electric.

The threshold will rise annually, including to 28% in 2025.

Under the current rules, the mandate will reach 80% by 2030, but the Government has committed to bring the ban on the sale of new petrol and diesel cars and vans forward from 2035 to 2030.

Failure to abide by the mandate or make use of flexibilities – such as buying credits from rival companies or making more sales in future years – will result in a requirement to pay the Government £15,000 per polluting car sold above the limits.

The consultation, which will be launched in the coming weeks, is unlikely to propose changes to the mandate’s percentages.

It will include amendments to the options for how non-compliant manufacturers can avoid fines.