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Softbank Invests $2 Billion in Intel as US Weighs 10% Stake — REUTERS / pwu404

Business · United States

Softbank Invests $2 Billion in Intel as US Weighs 10% Stake

62% Center coverage: 230 sources

Reports point to a possible federal equity swap of CHIPS Act grants to reinforce domestic chipmaking, with no decision yet.See the Story

Google scores six-year Meta cloud deal worth over $10 billion — REUTERS / pwu404

Technology · United States

Google scores six-year Meta cloud deal worth over $10 billion

52% Center coverage: 40 sources

Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter.See the Story

International Paper to Close Two Georgia Mills, Cut 1,000 Jobs ...

Business · Savannah

International Paper to Close Two Georgia Mills, Cut 1,000 Jobs ...

60% Center coverage: 30 sources

SAVANNAH, Ga. (AP) — International Paper Co. said Thursday that it would close two Georgia paper mills, including one that has been a cornerstone of Savannah’s economy for 90 years. The company, based in Memphis, Tennessee, said it would stop making cardboard in Savannah and Riceboro by the end of September. The company will lay off about 800 employees in Savannah and about 300 employees in Riceboro, according to company statements and filings w…See the Story

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