The U.S. Commerce Department announced Monday $6.4 billion in grants to the South Korea-based Samsung electronics company to help fund a new chip-manufacturing hub in Taylor, Texas, and to expand an existing facility in nearby Austin.
In a White House statement, U.S. President Joe Biden said the grants – part of the 2022 CHIPS and Science Act, passed by Congress – will help Samsung increase its investment in Texas to more than $40 million and create more than 20,000 jobs.
In his statement, Biden said “these facilities will support the production of some of the most powerful chips in the world, which are essential to advanced technologies like artificial intelligence and will bolster U.S. national security.”
The Commerce Department reports the new Samsung facility in Taylor will include a new research and development facility, as well as factory for advanced packaging, the final step before semiconductors can be used in electronic systems.
In a statement, U.S. Secretary of Commerce Gina Raimondo said, “The chips that Samsung will be making in Texas are important components to our most advanced technologies, from artificial intelligence to high-performance computing and 5G communications.
She said CHIPS act investments like this one are designed to spur continued private sector investments and help create a U.S.-based supply chain for semiconductors.
Last week, the commerce department announced similar grants to the Taiwan Semiconductor Manufacturing Company for a plant it is building in Phoenix, Arizona, and to the U.S. chipmaker Intel in Santa Clara, California.
Some information for this report was provided by The Associated Press, Reuters and Agence France-Presse.
The Voice of America provides news and information in more than 40 languages to an estimated weekly audience of over 326 million people. Stories with the VOA News byline are the work of multiple VOA journalists and may contain information from wire service reports.
BEIJING, April 14 (Xinhua) — The following is a summary of published science and technology news of China.
REUSABLE ROCKET ENGINE
China has been actively developing space propulsion technology in recent years, and the latest achievement is successful ground ignition tests of a 130-tonne liquid oxygen and kerosene engine that will power the country’s reusable carrier rockets.
It has so far completed a total of 15 repetitive tests featuring 30 ignitions, with the cumulative test time exceeding 3,900 seconds. The number of repetitive tests on the engine has surpassed the previous record for liquid rocket main engine testing in China.
PATENT PROSECUTION
The China National Intellectual Property Administration (CNIPA) announced this week that it will join the Patent Prosecution Highway (PPH) Improvement Initiative, which involves cooperation between the world’s five leading IP offices, namely China, the United States, Europe, Japan and the Republic of Korea.
The objective of this initiative is to establish a more predictable examination cycle. According to the CNIPA, it will this year strive for an average duration of 3 months from the grant of a PPH request to issuance of a first office action. Similarly, it will aim for an average response time from examiner to applicant of no more than 3 months.
FOSSIL DISCOVERY
Fossils of a herbivorous reptile species dating back around 170 million years were discovered recently in the Three Gorges Reservoir area in Yunyang County, southwest China’s Chongqing, according to the municipal bureau of geology and mineral resources.
With a head about the size of an apple and three rows of large teeth in its mouth, the reptile is believed to have lived in the early Middle Jurassic period.
According to a report by Urbanation, which analyzes monthly listings from the website Rentals.ca, purpose-built units experienced a 12.7 per cent year-over-year price increase in March, averaging $2,117. In contrast, condominium rentals grew at a more modest rate of 3.9 per cent, reaching an average of $2,321.
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The report said that the divergence in growth rates can be attributed to factors such as record-high condominium completions in certain markets leading to increased supply, limiting rent growth in that segment.
However, Urbanation president Shaun Hildebrand said that overall rents, which increased by 8.8 per cent to $2,181 in March, should be stabilizing.
“As population growth slows with caps on non-permanent residents and supply increases as rental completions continue to rise, rent growth should continue to moderate towards more sustainable levels,” Hildebrand said in the report.
The report also highlighted regional disparities in rent trends, with Vancouver and Toronto witnessing declines in average asking rents to $2,993 and $2,782, respectively. The regions remained the most expensive places to rent in Canada despite the decreases.
Quebec City’s average rent growth was the fastest in Canada at 19.3 per cent, pushing rents to $1,569. Saskatoon was another front-runner with a 15.1 per cent annual growth rate.
Shared accommodation rents also continued their upward trend in March, maintaining an average above $1,000 for the fourth consecutive month. British Columbia led the way with record-high average rents of $1,195, followed by Ontario at $1,089. Quebec and Alberta had average asking rents of $900 and $876, respectively.
Mumbai (Maharashtra) [India], April 14 (ANI): The Indian stock market is anticipated to adopt a cautious stance on Monday following the escalation of tensions between Israel and Iran. Investors will closely monitor the unfolding geopolitical situation in Western Asia, with the market bracing for the potential effect of the ongoing tensions in the region.
Analysts anticipate that the Indian stock market may experience heightened volatility as investors navigate through the evolving geopolitical landscape.
“The escalating geopolitical tensions in the Middle East, alongside supply concerns, have propelled crude prices upward, impacting overall market sentiment” said Vinod Nair, Head of Research at Geojit Financial Services.
He further added “Indian markets may consolidate amidst worries over delayed US rate cuts, escalating Middle East tensions driving oil prices up, and subdued Q4 earnings projections”.
The escalation of tensions between Israel and Iran has raised geopolitical risks, with market participants assessing the potential implications for regional stability and global economic dynamics. As a result, the Indian stock market may experience fluctuations in response to geopolitical developments.
“It is something not positive for equity markets worldwide. As long it is between Iran and Israel it is still manageable but if other countries join them, then the escalation will be more serious. However, our markets are resilient and can arrest at psychological support level which is at 22000 on Nifty,” said Shrikant Chauhan, Executive Vice President, Kotak Securities.
“This extensive onslaught marks another flashpoint in the Israeli- Hamas conflagration, a significant worsening of the geopolitical situation in general and the Middle East in particular. While World War III is not on the anvil- at least not yet, there is a clear possibility, nay likelihood, of horizontal escalation and retaliatory and even deterrent strikes by Israel” said Dr. Manoranjan Sharma, Chief Economist- Infomerics Ratings.
Analysts suggest that market participants remain vigilant and exercise caution amidst heightened geopolitical tensions. The impact of geopolitical events on market sentiment and investor confidence underscores the importance of closely monitoring developments in Western Asia.
While the Foreign portfolio investors (FPIs) continue to remain net buyers for the third month in April in Indian stock markets. According to the data by National Securities Depository Limited (NSDL) so far in the month, FPI’s bought stocks worth Rs 13,347 crore in India. (ANI)
But of all the ways to earn Alaska miles, the Alaska Mileage Plan Shopping portal remains one of the most important for many travelers’ earning strategies.
If you’re hoping to learn more about earning Alaska miles online via the Mileage Plan Shopping portal, here’s what you need to know.
Alaska Mileage Plan Shopping portal basics
Online shopping portals are one of the easiest ways to earn extra miles on your purchases. They’re free and easy to use, so there’s no excuse not to use a shopping portal before you purchase items online. Many loyalty programs offer online shopping portals, but this guide is about the Alaska Mileage Plan Shopping portal.
To use the Alaska Mileage Plan Shopping portal, head to its website. Once there, you can sign in using your Alaska Airlines Mileage Plan credentials. After you do so, you’ll earn bonus miles when you shop with eligible retailers.
The exact amount you earn will vary by retailer and when you purchase. Some offer a fixed number of miles per purchase (such as 1,000 miles for a purchase of $50 or more), but most offer a multiplier based on the amount you spend (such as 2 miles per dollar).
MILEAGEPLANSHOPPING.COM
The earning rate for most retailers will increase periodically. So, it may be smart to wait to make non-urgent purchases when the Alaska Mileage Plan portal earning rates are elevated for a specific merchant.
How to use the Alaska Mileage Plan Shopping portal
The Alaska Mileage Plan Shopping portal includes more than 1,100 retailers. So, if you’re buying something online, there’s a good chance that you can earn bonus miles through the carrier’s shopping portal.
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Start your shopping trip by visiting the Alaska Mileage Plan Shopping portal site. Enter your desired merchant’s name into the search box, browse the available merchants and choose one. Click the heart to make the merchant a favorite, and click the “Shop Now” button once you’re ready to visit the merchant’s website and make your purchase.
MILEAGEPLANSHOPPING.COM
Clicking “Shop Now” will open a new tab for your desired merchant. From there, you shop and check out as normal. It’s important to note that if you close out of the tab for any reason, you’ll need to go back and start the entire process again. Otherwise, your miles might not post correctly.
You may also see in-store offers through the Alaska Mileage Plan Shopping portal. Link the offer to the credit card you plan to use in-store for these offers. Then, head to the physical store and use your linked card when checking out.
MILEAGEPLANSHOPPING.COM
Finally, if you don’t want to forget to earn Alaska miles while shopping online, you can install the Mileage Plan Shopping button via a Chrome browser extension. Once you do so, the browser extension will pop up a small window when you’re on a site that participates in the Alaska Mileage Plan Shopping portal. You can click a button to activate the portal to earn rewards through Mileage Plan Shopping on your purchases with that merchant.
Best credit cards to use with online shopping portals
Shopping portals don’t change how your purchase is coded. As such, the charge on your credit card statement will still be from “Adidas” whether or not you use the Alaska Mileage Plan shopping portal. Many online merchants don’t fall into standard credit card bonus categories, so you’ll often want to use one of the best cards for everyday spending.
Some of the best everyday spending cards include cards that earn more than 1% cash back or 1 point per dollar. For example, the Citi Double Cash® Card (see rates and fees) earns 2% cash back on purchases: 1% when you buy and 1% as you pay. The Capital One Venture Rewards Credit Card earns at least 2 miles per dollar spent on all purchases.
XAVIER LORENZO/GETTY IMAGES
Of course, you’ll want to pay specific attention to merchants that will likely code as a bonus category on one of your cards. If you’re making a purchase you expect might break just outside its warranty, you may want to use a card that offers extended warranty protection — even if it earns fewer rewards than other cards.
If you’ve decided to make an online purchase, you might as well earn more rewards through an online shopping portal. If you need more Alaska miles, the Mileage Plan shopping portal can be a great way to increase your return.
Earning Alaska miles from the Mileage Plan Shopping portal and credit card rewards is already a huge win. Still, it’s sometimes possible to do even better with a credit card merchant offer or another rebate. So, carefully consider how you might be able to maximize your earnings before making your next online purchase.
A company has a unique system to speed up the process of sealing leaky HVAC systems to make homes more energy efficiency and comfortable.
Author of the article:
Bloomberg News
Leslie Kaufman
Published Apr 13, 2024 • 4 minute read
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A centrifgal fan with tubing is attached to a blower door, where atomized sealant fog follows air currents through air leaks and seals them, at a home in Milton, Canada. Photographer: Adetona Omokanye/BloombergPhoto by Adetona Omokanye /Photographer: Adetona Omokanye/B
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(Bloomberg) — There’s a hidden scourge making homes more harmful to the climate and less comfortable: leaky heating and cooling systems. Plugging those leaks may be the dull stepchild of the energy transition, but that doesn’t make it any less important than installing dazzling solar arrays and getting millions of electric vehicles on the road.
The problem, however, is that energy efficiency pays back over time, but it comes with high upfront costs.
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“It can be a very, very labor intensive process to capture all the efficiency improvements in the housing stock and a lot of the issues — as well as a lot of the solutions — are pretty much unknown, or invisible to the average consumer,” said Jennifer Amann, a senior fellow with the American Council for an Energy Efficient Economy’s buildings program.
“You could pay somebody a few $1,000 to come in, and insulate your home and do air sealing, but those aren’t improvements that you are going to see or engage with,” Amann said. “So a lot of times people are thinking, ‘Well, do I want to do that, or do I want to make some improvements in my kitchen or in my bathroom.’“
Read more: 11 Startups Leading the $1.8 Trillion Climate Tech Revolution
Aeroseal, a company whose technology was developed in conjunction with Lawrence Livermore National Laboratory, has an ingenious solution. Its computer-tracked system finds and targets leaks, including even those behind walls, and then releases an aerosolized sealant to fill them.
Taking it to leaks
Typically, sealing a home involves a technician searching for cracks and filling them by hand. It’s a time-consuming and costly process. Aeroseal’s technology makes the hunt for leaks easier.
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The startup, which won a BloombergNEF Pioneers award this week, works on new construction just after the drywall stage. For a new building, the contractors seal the entire structure — sometimes by putting a bubble over the house — and then use a fan to blow air into the home and essentially pressurize the interior. Technicians then insert a sensor that can take pressure readings to discover how much air is leaking through cracks in the floorboards or joints in the wall.
After this stage is complete, the company releases an aerosol into the home that spreads like a fog. The pressure differential allows it to be quickly sucked into the leaks.
The non-toxic, water-based sealant coagulates on contact with the edge of the crack and forms a new barrier. Technicians monitor the leakage rates in real time on a computer. For an average-sized residence, the whole process can take 60 minutes and cut leakage by about 80%, the company says.
Behind the walls
But it is not just new homes that Aeroseal tackles. Ductwork in older homes is a major energy efficiency issue. A typical American house loses 20% to 30% of hot and cold air through leaky ducts, according to the Department of Energy, creating an incredible opportunity for savings.
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If you have high energy bills or big temperature differentials from room to room, you likely have leaking ducts. But HVAC contractors rarely make this connection for homeowners and renter, says Amann. It’s also hard for individuals to understand, let alone, prioritize behind-the-scenes repairs.
Sealing ducts is also an arduous process: Accessing them can be difficult because most are behind walls once a building is completed.
For existing buildings, including single-family homes and commercial buildings, Aeroseal can narrow the process so that technicians focus on ducts alone instead of sealing the whole building. The first step is to block all the known vents in the system and detach the boiler. Technicians then attach a tube to the vent system and hook up the computerized measurement machine, allowing them to do the pressurization. This process can reduce leakage by 95%, the company says.
Going forward
Amit Gupta, the company’s president, previously worked in energy efficiency at Carrier Global, the Florida-based HVAC systems giant. He recalled being wowed by the possibilities of Aeroseal’s technology.
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“Here we were spending millions to improve the efficiency of a new boiler by just 2% and this is a way to address something that is there and a problem in every building,” he said.
So far, Aeroseal has been doing about 56,000 seals (sometimes there are multiple seals in a big building) a year. Last year, the company had revenue of just under $40 million. Part of the challenge to growing the company further, said Gupta, is getting contractors to pay upfront for the energy savings that will accrue over time. The average national cost for an Aeroseal treatment is $2,500, the company says. If no one is measuring the emissions of a building, an owner might opt for a cheaper option with a far less thorough seal.
But new laws, like New York City’s Local Law 97, which goes into effect this year and aims to reduce emissions of buildings over 25,000 square feet by 40% by 2030, are creating standards that strengthen Aeroseal’s position, Gupta says.
This law “creates the driver for building owners to reduce their greenhouse gas emissions,” said Gupta, and it is already fueling growth in the business.
BEIJING, April 13 (Xinhua) — The following is a summary of published science and technology news of China.
AI CHIP
A team of Chinese scientists has designed a revolutionary artificial intelligence (AI) chip based on photonics instead of traditional electronic transistors, paving way for large-scale photonic computing and efficient real-world AI applications.
The study, published on Friday in the journal Science, reported a large-scale photonic chiplet along with a distributed optical computing architecture named “Taichi.” Developed by researchers from Tsinghua University, Taichi can solve advanced AI tasks with high computing capacity and high energy efficiency.
FAST TELESCOPE ACTUATORS
China’s self-developed actuators have been applied to the country’s Five-hundred-meter Aperture Spherical Radio Telescope (FAST) and have been running smoothly for months without any faults.
There are over 2,000 mirror surfaces on the telescope, and the main role of the actuators is to continuously adjust the angles of these mirror surfaces, thereby ensuring that the telescope functions at its optimal capacity.
The China Academy of Launch Vehicle Technology overcame various technical challenges and successfully developed actuators boasting high reliability, extended lifespan, minimal noise and low heat emission.
IP PROTECTION CENTERS
A total of 71 national intellectual property (IP) protection centers are under construction or in operation in China, according to the National Intellectual Property Administration (NIPA).
They are distributed across 28 provinces, autonomous regions and municipalities, including the four municipalities.
Ukraine’s earlier pleas for seven Patriot systems were rejected, despite the EU having more than 100
Ukraine is pressing Poland, Spain, and Romania for air defense systems after other Western states spurned its requests, the Financial Times claimed on Friday, citing sources close to the discussions. This comes after a recent wave of Russian airstrikes against the country’s energy infrastructure.
Ukrainian President Vladimir Zelensky has increasingly requested US-made Patriot surface-to-air batteries from his Western sponsors. These appeals, against the backdrop of Russian airstrikes, have become routine, Zelensky said on Thursday at the Three Seas Summit in Vilnius. “Missiles are striking every day, and every day we hear that Ukraine will receive new air defense systems,” he said, insisting that “the reality must finally match the words.”
Meanwhile, Kiev is approaching Poland and Spain for a single Patriot battery from each, and for a French-Italian SAMP/T system from Romania, the Financial Times wrote on Friday, citing anonymous officials.
Ukraine is currently in possession of at least three Patriot batteries and one SAMP/T, the newspaper said.
Thus far, the US, Germany, and the Netherlands have handed over several Patriot launchers to Ukraine. Germany has donated two Patriot batteries, but has said it will not provide any more for now. Berlin’s stocks of Patriot systems are “pretty much exhausted,” Foreign Minister Annalena Baerbock said on Tuesday.
Poland has also said it cannot spare its air defense systems. “We are just starting the building of that system in Poland; that system is absolutely not yet ready in Poland,” President Andrzej Duda said at the summit in Vilnius, adding that Warsaw “has nothing to give, even if we wanted to.”
Kiev’s Western allies have promised air defense systems but failed to deliver, according to FT. EU High Representative Josep Borrell, speaking on Tuesday, said it is “inconceivable” that EU states cannot provide Patriot batteries to Kiev “given that the Western armies have about 100 batteries of Patriot,” while Ukraine is only asking for seven.
Russia delivered one massive strike and 47 combined strikes against Ukrainian fuel, energy, and military-industrial sites over the past week, the Russian Defense Ministry stated on Friday. According to President Vladimir Putin, Moscow refrained from targeting Ukrainian energy infrastructure during the winter for humanitarian reasons, but was forced to retaliate after Kiev’s strikes on Russian fuel facilities.
Moscow has warned that Western arms shipments to Kiev will not alter the course of the conflict, and only serve to prolong the fighting and raise the risk of a direct clash between Russia and NATO. However, the US-led military bloc’s intelligence-sharing, provision of arms, and training of Ukrainian troops already means that Western nations are party to the conflict, Moscow has said.
Falcon Oil & Gas Ltd. (“Falcon”) Notice of Annual General and Special Shareholder meeting
12 April 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG,) announces that its Annual General and Special Shareholder meeting will be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland on 18 June 2024 at 11:00 a.m. (Dublin time).
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A complete notice and related documents will be sent to the shareholders of record as at 9 May 2024 and will also be filed on the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR+”) at www.sedarplus.com and Falcon’s website at www.falconoilandgas.com.
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The Notice of the Annual General and Special Shareholder meeting and record date has been filed on SEDAR+.
Falcon will conduct a Q&A via the Investor Meet Company platform later that day for those unable to attend the meeting in person, details will be announced in due course.
Ends.
For further information, please contact:
CONTACT DETAILS:
Falcon Oil & Gas Ltd.
+353 1 676 8702
Philip O’Quigley, CEO
+353 87 814 7042
Anne Flynn, CFO
+353 1 676 9162
Cavendish Capital Markets Limited (NOMAD & Joint Broker)
Neil McDonald / Adam Rae
+44 131 220 9771
Tennyson Securities (Joint Broker)
Peter Krens
+44 20 7186 9033
About Falcon Oil & Gas Ltd. Falcon Oil & Gas Ltd is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
New Delhi [India], April 12 (ANI): In the second most prominent alleged corruption case in West Bengal, involving the PDS Ration Scam, the Enforcement Directorate (ED) in Kolkata has attached 48 immovable properties worth over Rs 150 crores belonging to the then state Minister Jyoti Priya Mallick and other accused.
These assets include two hotels and residential houses belonging to Jyoti Priya Mallick, then Minister-In-Charge of Food and Supply Department of government of West Bengal, Bakibur Rahaman (rice and flour miller), Sankar Addhya and others.
The value of the attached properties is Rs 50.47 crore which the agency claimed is allegedly acquired out of Proceeds of Crime (PoC) derived and obtained from PDS Ration Scam by several persons including Jyoti Priya Mallick.
ED’s Kolkata Zonal Office has provisionally attached these assets which include 48 immoveable properties of different persons and entities including residential house in Salt Lake, Bolpur of Jyoti Priya Mallick, several other ‘Benami Properties’ held in the name of his close associates, two Hotels of Bakibur Rahaman each in Kolkata and Bengaluru and balances in various bank accounts and Fixed Deposits.
It is also found that Jyoti Priya Mallick has allegedly received various immovable properties worth more than crores of rupees as “gift” without any consideration in the name of his family members or close associates, which have been provisionally attached under PMLA, 2002, said the ED in a statement.
ED initiated investigation on the basis of various FIRs registered by West Bengal Police, wherein various private persons were found in unauthorized possession of Ration meant for delivery through PDS and also found to be involved in bogus procurement of paddy. During PMLA investigations, three important modus operandi were detected for generation of Proceeds of Crime (PoC) related to PDS scam such as siphoning of PDS ration to open market, mixing of old wheat flour in fresh flour meant for PDS distribution and bogus paddy procurement at Minimum Support Price (MSP).
“It is suspected that in the PDS scam proceeds of crime worth more than Rs 10,000 crore was generated,” said the ED.
In this case, Bakibur Rahaman, Jyoti Priya Mallick, Sankar Addhya and Biswajit Das were arrested under section 19 of the Prevention of Money Laundering Act, 2002 and all are at present in judicial custody.
“It is also revealed during the investigation that a huge amount of proceeds of crime was laundered to Dubai and other countries by converting INR into foreign currencies through Full Fledged Money Changer Companies owned and controlled by Sankar Addhya, Biswajit Das and others,” said the ED.
In this regard prosecution complaint was filed before special PMLA court in Kolkata on December 12, 2023 and supplementary prosecution complaint was filed on March 5 this year. Cognizance of both the complaint has been taken by the court.
“Further, prayer has been made vide above complaints for confiscation of properties acquired and obtained from proceeds of crime (PoC) which includes 101 immovable properties and balance in several bank accounts,” added the financial crime probe agency. (ANI)
