Criminals could be banned from pubs, concerts and sports grounds under new sentencing powers
The crackdown was unveiled yesterday by Justice Secretary Shabana Mahmood, who hailed it as part of the Government's mission to 'cut crime and make streets safer'.
The Kooks frontman Luke Pritchard reveals why Rebel Wilson joined the band on stage and admits they only rehearsed an hour before
The musician, 40, left fans shocked when he welcomed the Australian actress, 45, on stage to sing a rendition of Gangsta's Paradise on Friday.
Lovely jubbly! Sir David Jason, 85, is in great spirits as he's mobbed by fans before his new show at Manchester's Lowry Theatre
Sir David Jason was mobbed by adoring fans as he left his hotel in Manchester on Saturday. The Only Fools and Horses star, 85, happily waved to those waiting outside the hotel.
LIZ JONES: Forget the mud and stomach-churning loos... here's why my festival weekend was one of the best ever
I hope that our wild weekend at Glastonbury in Somerset is lodged in my nephew's mind. That time he watched Amy Winehouse, with his auntie who stood on a square of bin bag.
Intel's New Funding Came From Already-Awarded Grants. So What Happens Next?
The U.S. government's 10% stake in Intel "is a mistake," writes the Washington Post's editorial board, calling Intel "an aging also-ran in critical markets" that "has spent recent years stumbling on execution and missing one strategic opportunity after another."
But TechCrunch points out that the U.S. government "does not appear to be committing new funds. Instead, it's simply making good on what Intel described as 'grants previously awarded, but not yet paid, to Intel.'"
Specifically, the $8.9 billion is supposed to come from $5.7 billion awarded-but-not-paid to Intel under the Biden administration's CHIPS Act, as well as $3.2 billion also awarded by the Biden administration through the Secure Enclave program. In a post on his social network Truth Social, Trump wrote, "The United States paid nothing for these shares..." Trump has been critical of the CHIPS Act, calling it a "horrible, horrible thing" and calling on House Speaker Mike Johnson to "get rid" of it...
According to The New York Times, some bankers and lawyers believe the CHIPS Act may not allow the government to convert its grants to equity, opening this deal to potential legal challenges.
Reuters writes that the money "will not be enough for its contract-chipmaking business to flourish, analysts said. Intel still needs external customers for its cutting-edge 14A manufacturing process to go to production, says Summit Insights analyst Kinngai Chan, "to make its foundry arm economically viable."
"We don't think any government investment will change the fate of its foundry arm if they cannot secure enough customers..."
Reuters has reported that Intel's current 18A process — less advanced than 14A — is facing problems with yield, the measure of how many chips printed are good enough to make available to customers. Large chip factories including TSMC swallow the cost of poor yields during the first iterations of the process when working with customers like Apple. For Intel, which reported net losses for six straight quarters, that's hard to do and still turn a profit. "If the yield is bad then new customers won't use Intel Foundry, so it really won't fix the technical aspect of the company," said Ryuta Makino, analyst at Gabelli Funds, which holds Intel stock.
Makino, who believes that Intel can ultimately produce chips at optimal yields, views the deal as a net negative for Intel compared with just receiving the funding under the CHIPS Act as originally promised under the Biden Administration. "This isn't free money," he said. The federal government will not take a seat on Intel's board and has agreed to vote with the company's board on matters that need shareholder approval, Intel said. But this voting agreement comes with "limited exceptions" and the government is getting Intel's shares at a 17.5% discount to their closing price on Friday. The stake will make the U.S. government Intel's biggest shareholder, though neither Trump nor Intel disclosed when the transaction would happen...
Some analysts say Intel could benefit from the government's support, including in building out factories. Intel has said it is investing more than $100 billion to expand its U.S. factories and expects to begin high-volume chip production later this year at its Arizona plant. "To have access to capital and a new partial owner that wants to see you succeed are both important," said Peter Tuz, president of Chase Investment Counsel.
Read more of this story at Slashdot.
'Oh she's out!' Michelle Keegan lets her hair down as she posts selfie with a beer before partying at Coldplay's Wembley gig
Michelle Keegan posted a stunning selfie with a bottle of Corona beer to Instagram on Saturday. The Coronation Street star, 38, revealed that she was going out with a hands-up emoji.
Police use drone team for the first time to prevent more Notting Hill Carnival carnage after murder of young mum
Organisers say 7,000 officers and staff will be on site today and tomorrow with live facial recognition cameras and screening arches to detect weapons at the busiest entry points.
Karren Brady's cutting putdowns and cold daggers on The Apprentice as she shocks fans with glamorous new look
As her stern lip remains the same, Karren's look has not, with the star's transformation blatant for all to see.
TALK OF THE TOWN: Moving in the right direction - Harry Styles set to start work on mega-mansion
The former One Direction singer, right, is combining two luxury homes on a private estate in Hampstead, north London.
Moment 'shameless' pair are seen 'raiding honesty box for cash and duck eggs'
This is the shameless moment two men appeared to raid an honesty box filled with duck eggs before taking off with them without paying.
Funfair worker in his 20s dies after suffering 'serious head injuries' in seaside ride tragedy
A fairground worker has died after suffering serious head injuries following an 'emergency incident' on a ride at a seaside funfair.
New Zealand Air Traffic Control Failure Likely Caused By Data Transfer Issue
Last weekend New Zealand experienced an hour-long air traffic control failure that disrupted flights, leaving five plans circling and four others unable to take off, according to Radio New Zealand.
The country's sole air traffic service provider, Airways, now says it was caused by a software glitch when flight data was unable to be transferred between systems:
[Airways chief executive James Young told Morning Report] "We noticed that was not occurring as it should and as a result of that our air traffic controllers took measures to manage traffic, either by holding on the ground or in an air hold." Airways operated a modern air traffic control system that involved back up systems but Young said they were not instantaneous and it took time to validate flight information data.
"At no point did we lose control of all aircraft. We were able to communicate with all aircraft and we had line of sight of all aircraft," Young said. He said flights in the New Zealand air space were held, put into a hold with two eventually continuing on and three returning to origin... "What we couldn't do was process any changes to the flight path during the period of the outage, which lasted for about one hour."
Thanks to Slashdot reader twosat for sharing the news.
Read more of this story at Slashdot.
The new hire that hints at Wes Streeting's ambitions to succeed Sir Keir as PM
Health Secretary Wes Streeting has hired Barack Obama's former speechwriter Michael Lea Rock as speculation mounts about the battle to succeed Sir Keir Starmer.
Sophie Ellis Bextor stuns in glitter mini dress she makes surprise appearance at Reading Festival to perform Murder on the Dancefloor
Sophie Ellis Bextor put on a truly dazzling display on Saturday when she made an unexpected appearance at Reading Festival. The singer, 46, joined Royel Otis.
MAFS UK expert Charlene Douglas in a wheelchair after being rushed to hospital as she gives health update
The relationship expert, 44, shared a health update to her Instagram Story after falling ill before Notting Hill carnival.
Gallery chain boss warns tourist tax is forcing wealthy art collectors abroad
Despite Britain being the world's second-largest art market after the US, Butterwick says the sector is under threat as the lack of tax-free shopping means art connoisseurs are looking elsewhere.
A single slimline G&T could push you over the drink-drive limit faster - find out why
It may be good for your waistline - but drinking a single slimline G&T could push you over the drink-drive limit faster.
JOANNE HARRIS reveals she didn't earn much when her novel Chocolat became a film
Harris says she didn't make a fortune from the movie, but it was enough for her to afford not to go back to teaching for a certain amount of time.
Number of women who work longer hits new high
Figures from the Office for National Statistics revealed the milestone, illustrating the stark change over the past three decades.
Shoppers snubbing luxury perfumes for High Street 'dupes'
In the marketing and packaging of these products there is no allusion to any similarity. Instead their popularity has been fuelled by social media influencers.