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Intel Warns US Equity Stake Could Trigger 'Adverse Reactions'

1 day 8 hours ago
Intel said Monday that converting $8.87 billion in federal chip subsidies into a 10% equity stake creates unprecedented complications and potential "adverse reactions" for a company deriving 76% of revenue internationally. The arrangement transforms Biden-era CHIPS Act grants into share purchases at $20.74 -- a discount to Friday's $24.80 close -- with the Department of Commerce receiving up to 433 million shares by Tuesday's expected closing. Foreign governments may impose additional regulations on Intel due to US government ownership, the company warned in securities filings, while the precedent could discourage other nations from offering grants if they expect similar equity conversions. China alone represents 29% of Intel's revenue. The deal also restricts Intel's strategic flexibility, requiring government votes align with board recommendations except on matters affecting federal interests.

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In a Hotter World, Some People Age Faster, Researchers Find

1 day 9 hours ago
Living through extreme heat waves can accelerate your rate of aging, according to research published Monday. From a report: Scientists analyzed 15 years' worth of health data from nearly 25,000 adults in Taiwan and found that two years of exposure to heat waves could speed up a person's so-called biological aging by eight to 12 extra days. It may not sound like a lot, but this number builds over time, said Cui Guo, an assistant professor at the University of Hong Kong who led the study, which was published Monday in the journal Nature Climate Change. "This small number actually matters," she said. "This was a study of a two-year exposure, but we know heat waves have actually been occurring for decades." The research comes as human-induced climate change is making heat waves more intense and long-lasting. The West Coast of the United States is suffering from sweltering temperatures while Iran is experiencing searing heat. Record-breaking temperatures punished Europe, Japan and Korea earlier this month. France recently experienced its second heat wave of the summer, sparking a national debate over air-conditioning.

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Google To Require Identity Verification for All Android App Developers by 2027

1 day 9 hours ago
Google will require identity verification for all Android app developers, including those distributing apps outside the Play Store, starting September 2026 in Brazil, Indonesia, Singapore, and Thailand before expanding globally through 2027. Developers must register through a new Android Developer Console beginning March 2026. The requirement applies to certified Android devices running Google Mobile Services. Google cited malware prevention as the primary motivation, noting sideloaded apps contain 50 times more malware than Play Store apps. Hobbyist and student developers will receive separate account types. Developer information submitted to Google will not be displayed to users.

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