Category: Silicon Valley

Intel shares fall 20% on plans to cut 15,000 jobs

Tina Marie (Ms. Cat)

Intel on Thursday revealed drastic plans to slash its employee headcount and capital spending in an attempt to put its business back on a stable financial footing, as it suffered the latest setback in its slow-moving turnaround plans.

Intel shares fall 20% on plans to cut 15,000 jobs

Related:

US CHIPS Act Funding for Intel

On March 20, 2024, the U.S. Department of Commerce and Intel Corporation announced a preliminary memorandum of terms under which Intel will receive approximately $8.5 billion in direct funding under the CHIPS and Science Act. Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.

Meanwhile, in China:

China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says

US gov’t-linked firm is source of exit poll claiming Venezuelan opposition won election

Tina Marie (Ms. Cat)

Venezuela’s opposition and US media outlets claim there was fraud in the July 28 election based on an exit poll done by US government-linked firm Edison Research, which works with CIA-linked US state propaganda organs and was active in Ukraine, Georgia, and Iraq.

US gov’t-linked firm is source of exit poll claiming Venezuelan opposition won election

Related:

The US government funds election observers and exit polls for regime change

All of my recent posts about the 2024 Venezuelan presidential election are linked below:

As predicted: violence by the far-right Venezuelan opposition breaks out across Caracas

The Man Behind Trump’s VP Pick: It’s Worse Than You Think

Tina Marie (Ms. Cat)

While J.D. Vance has his own controversies, his close connection to billionaire Peter Thiel, who is poised to have unprecedented influence in a new Trump administration, should deeply unsettle every American who cares about freedom, privacy and reining in the surveillance state.

The Man Behind Trump’s VP Pick: It’s Worse Than You Think

H/T: The Most Revolutionary Act

Related:

Neoreactionaries

The InfoOp Continues in the Pacific Islands

Tina Marie (Ms. Cat)

Full video: Why Should We Care About the Pacific Islands?

John Hennessey-Niland currently works with ASPI on ‘soft power’ in the Pacific Islands.

Maintaining U.S. Credibility in the Pacific Islands (PDF)

Australian Strategic Policy Institute (ASPI):

ASPI funding (Australia, Canada, Europe, Japan, United Kingdom, United States, Netherlands, New Zealand, Amazon, Microsoft, Twitter, Facebook, Google, Boeing, Lockheed Martin, Northrop Grumman, Raytheon, Thales Australia, American Chamber of Commerce, Center for Strategic and International Studies, German Marshall Fund, Carnegie Endowment for International Peace)

Australian think tank ASPI found linked to prison labor, human trafficking

Front Organizations

Read More »

Anti-Coup Rebellion in Eastern Ukraine Completes 10 Years as Russian Forces Continue Advancing in Donetsk

Tina Marie (Ms. Cat)

April 2014 was a pivotal month for the people of the Donbass region in what was then still part of Ukraine. It was then that the governing regime was newly installed in Kiev by a coup d’état on February 20/21embarked on military hostilities against the people of the region. The coup overthrew Ukraine’s elected president and legislature. It sparked rebellion in Crimea, Donbass (Lugansk and Donetsk), and in towns and cities in other regions of eastern and southern Ukraine.

Anti-Coup Rebellion in Eastern Ukraine Completes 10 Years as Russian Forces Continue Advancing in Donetsk

Inflation and interest rates: the US experience

Tina Marie (Ms. Cat)

Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?

Inflation and interest rates: the US experience

Tesla and Apple’s poor China showing

Tina Marie (Ms. Cat)

American tech giants Tesla and Apple are suffering as they face intense competition from Chinese competitors. Elon Musk’s EV company reported a 55% drop in profit and 9% drop in first-quarter revenue Tuesday, its biggest year-on-year fall since 2012. Analysts began forecasting trouble for Musk’s EV empire after Tesla announced price cuts in China. Apple, meanwhile, saw a 19% dip in smartphone shipments to China this quarter, its worst performance since 2020, as it lost ground to local competitors like Huawei. Chinese smartphones are cheaper than iPhones, and have gained traction with more premium design and software features.

Tesla and Apple’s poor China showing

South China Sea: InfoOp Podcast (ASEAN)

Tina Marie (Ms. Cat)
YouTube

Clip from Episode 1 of Why Should We Care About the Indo-Pacific? Podcast (Apple Podcasts) with Ray Powell and Jim Carouso. 

Powell and Carouso worked together at the U.S. Embassy in Canberra, Australia. They’re trying to “shape” the Indo-Pacific for US corporate interests and to provoke a war with China.  

Jim Carouso is currently with the Center for Strategic & International Studies. CSIS is funded by various governments, including the United States, and corporations. Carouso is also with BowerGroupAsia in Singapore. He formerly worked in the State Department and was a chargé d’ affaires at the U.S. Embassy in Canberra and the U.S. Mission to the Association of Southeast Asian Nations.

Ray Powell was formerly a Defense Attaché in Canberra, Australia.

Source

The Defense Attaché System is part of the Defense Intelligence Agency.

Source.

More on SeaLight’s (formerly Project Myoushu) ‘assertive transparency’ campaign.

Previously:

SCS: The Office of Naval Research funded Stanford’s GKC

Philippines’ ‘assertive transparency’ strategy is causing them to miss out economically

PH: Compared To China, US Trade, Investment Offers Laughable + More