Tag: Germany

Here you will find all the articles with the tag: Germany.

Intel and German authorities nearing deal on €9.9B subsidy

Intel and German authorities nearing deal on €9.9B subsidy

Intel and the German government are close to a deal on additional funding for the tech giant's local facility. The German newspaper Handelsblatt has reported that the final round of negotiations is underway. After months of negotiations, the German federal government is about to increase state f... Read more

date11 months ago
Germany refuses additional subsidy for new Intel plant

Germany refuses additional subsidy for new Intel plant

The German government has refused an additional 10 billion euro subsidy request by Intel. It wishes to build a new chip factory in Magdeburg. In an interview with the Financial Times, German Finance Minister Christian Lindner indicated that there was no extra budget for an additional 10 billion ... Read more

date11 months ago
US tech giants find it hard to lay off European workers

US tech giants find it hard to lay off European workers

The American policy of "hire and fire" is simply not allowed under some European labour laws. After announcing massive rounds of layoffs, US tech companies like Amazon and Google are struggling to reduce staff in places like Germany and France, according to Bloomberg. In the highly volatile U... Read more

date1 year ago
Germany wants to examine Deutsche Telekom’s Huawei pact

Germany wants to examine Deutsche Telekom’s Huawei pact

The country's Interior Minister expressed "concern" over the close ties between Huawei and Deutsche Telekom. This week Germany's Interior Minister said she is concerned about the close ties between Deutsche Telekom and the Chinese company Huawei. Minister Nancy Faeser told the Handelsblatt newsp... Read more

date1 year ago
TSMC wants to profit from the European Chips Act

TSMC wants to profit from the European Chips Act

The Taiwanese chip making giant wants to take advantage of the EU's recent European Chips Act. This week Reuters reported that talks between the Taiwanese Semiconductor Manufacturing Company (TSMC) and the German state of Saxony about building a new factory are at "an advanced stage", but are no... Read more

date1 year ago
German states balk at letting police use Palantir technology

German states balk at letting police use Palantir technology

Bad memories of state overreach plus recent court rulings make some states rethink using the software. Some state governments in Germany are rethinking how their police forces use software made by Palantir, according to a report in the Financial Times. The concern stems from privacy concerns and... Read more

date1 year ago
Intel squeezes Germany for €5 billion more in subsidies

Intel squeezes Germany for €5 billion more in subsidies

The US chip maker is determined to grab the most benefits possible from the EU's Chips Act. This week Bloomberg reported that Intel is seeking to obtain more than 5 billion euros in public funds from Germany to subsidize their building a massive semiconductor plant in that country. Officials... Read more

date1 year ago
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