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By JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling National Politics | House v. NCAA lawsuit impact: Arizona, ASU expect to cut dozens of roster spots in wake of antitrust lawsuit settlement National Politics | Trump taps immigration hard-liner Kari Lake as head of Voice of America National Politics | Trump extends unprecedented invites to China’s Xi and other world leaders for his inauguration National Politics | Pressure on a veteran and senator shows what’s next for those who oppose Trump The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”Chicago Bulls guard Ayo Dosunmu has a strained right calf
On Saturday, Chelsea Women will travel to the King Power Stadium to face Leicester City Women in the final round of Women's Super League matches in 2024. The Blues are sitting top of the WSL table with a perfect record, while the Foxes are languishing in 11th position. © Imago Leicester are hovering just above the relegation place on goal difference after winning one, drawing two and losing six of their eight league matches this season. The Foxes recorded that sole victory on October 20 when Yuka Momiki scored the only goal in a home game against Everton. Unfortunately for Leicester, they have failed to add to their points tally since that 1-0 win, having lost four consecutive league games without troubling the scorers, including last Sunday's heavy 4-0 defeat against Manchester City. As a result of their struggles in front of goal, Amandine Miquel 's side are currently the lowest scorers in the WSL with just two goals to their name. With that in mind, the Foxes would have taken confidence from Wednesday's free-scoring display in their Women's League Cup clash against Birmingham City, with Momiki, CJ Bott , Simone Sherwood and Hannah Cain all finding the net alongside an own goal in a dominant 5-2 victory. While the result was not enough to advance from the group stage, Leicester will look to build upon their commanding performance, as they look to take at least a point off Chelsea for the first time in the WSL. © Imago Sonia Bompastor is just two games away from ending 2024 with a 100% as Chelsea boss, having overseen 14 consecutive victories since she took over the reins from Emma Hayes in the summer. Bompastor's side returned from the recent international break with a 4-2 home win against Brighton & Hove Albion last weekend, courtesy of a Sjoeke Nusken brace as well as goals from Aggie Beever-Jones and Johanna Rytting Kaneryd . Chelsea produced another free-scoring display in Wednesday's Women's Champions League clash with Twente, with Catarino Macario , Oriane Jean-Francois , Mayra Ramirez , Erin Cuthbert , Eve Perisset and Nusken all finding the net in a 6-1 victory, leaving Chelsea three points clear of second-placed Real Madrid ahead of the meeting between the two sides on Tuesday. While they had already qualified for the quarter-finals, they would have been pleased to maintain their three-point lead over second-placed Real Madrid at the top of Group B, leaving them in a strong position ahead of Tuesday's meeting between the two sides. Before they head to the Spanish capital, Chelsea will look to maintain their sizeable advantage at the top of the WSL standings, with the Blues currently sitting five points clear of title rivals Manchester City. They will certainly be confident about their chances of claiming all three points, having won each of their previous six WSL games against Leicester, including a 4-0 victory on their most recent trip to the King Power Stadium in March. © Imago Leicester are expected to be without the services of Sam Tierney , Jutta Rantala , Shannon O'Brien , Lena Petermann and Noemie Mouchon . Shana Chossenotte is a major doubt for Saturday's fixture after being absent from the last two matchday squads. As for the visitors, they are unable to call upon Sophie Ingle , Sam Kerr , Mia Fishel , Lauren James , Kadeisha Buchanan and Aniek Nouwen . Sandy Baltimore has missed the last two matches with a knee issue, making her a doubt for Saturday's trip to the King Power Stadium. Midfielder Jean-Francois will have to be assessed after being forced off just before half time in Wednesday's victory over Twente. Leicester City Women possible starting lineup: Leitzig; Bott, Howard, Swaby, Nevin; Takarada, Mace; Cain, Momiki, Goodwin; Cayman Chelsea Women possible starting lineup: Hampton, Bronze, Bjorn, Bright, Lawrence; Nusken, Cuthbert; Rytting Kaneryd, Kaptein, Reiten; Ramirez Chelsea will be full of confidence after winning each of their 14 matches under Bompastor, and we think the WSL champions will produce a dominant performance against Leicester to extend their run of victories ahead of their midweek trip to Spain. For data analysis of the most likely results, scorelines and more for this match please click here .SAN DIEGO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired Marqeta, Inc. (NASDAQ: MQ) securities between August 7, 2024 and November 4, 2024. Marqeta creates digital payment technology for innovation leaders. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Marqeta, Inc. (MQ) Failed to Disclose the Impact of Regulatory Scrutiny on its Business Prospects According to the complaint, during the class period, defendants failed to disclose that Marqeta understated the regulatory challenges affecting its business outlook and therefore, would have to cut its guidance for the fourth quarter of 2024. The complaint alleges that on November 4, 2024, Marqeta announced third quarter 2024 financial results and revised its fourth quarter projections to "reflect[] several changes that became apparent over the last few months with regards to the heightened scrutiny of the banking environment and specific customer program changes." The complaint further alleges that Marqeta's CEO and CFO actually knew of the heightened regulatory scrutiny affecting the Company's business from the beginning of the year, which they revealed in connection with the November 4 announcement. On this news, Marqeta’s stock price fell $2.53 per share, or 42.5%, to close at $3.42 per share on November 5, 2024. What Now: You may be eligible to participate in the class action against Marqeta, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 7, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Marqeta, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/53e69218-456a-4e86-81b7-b14619b1f825
By JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling National Politics | Trump taps immigration hard-liner Kari Lake as head of Voice of America National Politics | Trump extends unprecedented invites to China’s Xi and other world leaders for his inauguration National Politics | Pressure on a veteran and senator shows what’s next for those who oppose Trump National Politics | What Americans think about Hegseth, Gabbard and key Trump Cabinet picks AP-NORC poll The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”Save articles for later Add articles to your saved list and come back to them any time. Opposition Leader Peter Dutton recently admitted he was holding something back. Dutton was in Sydney earlier this month, standing alongside Liberal northern beaches candidates who hope to win back the teal-held seats of Warringah and Mackellar, and he was asked if his party’s nuclear policy costings were being held back to avoid scrutiny over Christmas. “Nope,” came the blunt answer, he was just letting the government kick another own goal. “There’ll be plenty of time to scrutinise. We’re not releasing it on the day of the election,” Dutton said. “Part of the reason that there’s been a delay is we’ve gone to announce it a few times, to be honest, and the government’s latest disaster has happened on that day where we’ve decided that we’ll let people concentrate on how bad the Albanese government is.” Dutton knows when to hold back and when to let rip for a ready headline, but his aversion to detail could prove a liability next year when he has to persuade the voters he’s prime ministerial material. In 2024, if the polls are any guide, Dutton is in with a real chance to win the next election, forging forward as Prime Minister Anthony Albanese loses ground. This month’s Resolve Political Monitor showed the Coalition’s primary vote fell by one percentage point to 38, Labor’s fell by three percentage points to 27 per cent and 35 per cent of voters nominated another party. This would almost certainly deliver a hung parliament on election day, with either side potentially able to cobble together minority government. Dutton needs to win 21 seats to claim 76 seats and govern in majority – a huge mountain to climb – but a 70-seat minority Coalition government is possible, supported by a clutch of independent MPs – including but not limited to Dai Le, Helen Haines, Rebekha Sharkie, Andrew Gee, Bob Katter and Allegra Spender. Dutton has been mostly gaffe-free (it’s hard to imagine him repeating his 2015 “joke” about Pacific Islanders being hit by climate change) and on message. He speaks in short, declarative sentences and quickly stamps out spot fires, such as when he quashed the abortion debate last month just as high-profile conservative Jacinta Nampijinpa Price said late-term terminations should be on the agenda. “I support a woman’s right to choose,” he said in a rare phone call to ABC’s Radio National. “I’ve been in very difficult circumstances where, as a detective working in the sex offenders squad, I’ve dealt with women in domestic relationships who have been raped; it’s a very, very difficult situation. Ultimately, that’s a choice and a decision for that individual to make, and that’s the position I support.” Peter Dutton dropped his opposition to stage 3 tax cuts when the changes proved too popular to fight. Credit: Alex Ellinghausen Jenny Ware, a NSW moderate Liberal MP and the only current Liberal MP who chose to speak on the record for this piece, is not a natural ally of Dutton but she praises him for the job he has done, “particularly in the last nine months as Labor has gone odd on tangents”. “Peter has called out antisemitism in Australia, at universities et cetera. He is now representing the quiet majority of Australians on this and other issues,” she says. “A year ago, even if people weren’t happy with Albanese, they were saying Dutton isn’t ready. But the dial has shifted to Peter being electable and I think that all of the attacks Labor has launched on him haven’t worked.” History proved Dutton right when he chose to oppose the Voice to Parliament in 2023, but he demonstrated political judgment again at the start of January 2024, when he quickly dropped his broken promises attack on the changes to stage 3 tax cuts after it became clear that most voters didn’t care about discarded election pledges if they got more money in their pockets. The opposition leader has savaged Labor on its handling of immigration policy following the High Court’s NZYQ decision and prosecuted the case for reduced migration, linking the issue to housing shortages successfully, too. On the number one issue concerning most voters, the cost of living, he has mauled Labor while offering scant detail about how he would fix it. He picks his moments on when to lob culture war hand grenades, too, cannily tossing them at big corporates, such as accusing Woolworths of peddling a “woke agenda” on Australia Day, or starting an argument about which flags should be displayed behind a prime minister, pulling focus for 24 hours and then walking away. But for a former cop with a strongman persona, Dutton doesn’t like scrutiny and he doesn’t always front up. While he gives friendly interviews with commercial radio hosts, appearances on the ABC and long-form newspaper interviews are strictly rationed. When he does front up at a press conference it’s more often than not in a far-flung outer suburban seat or in a regional town, far from metropolitan newsrooms. Tracked down at these remote locations, he has proved brittle, taking a belligerent approach to questions asked by young reporters, especially if they happen to work for the ABC. The long-awaited launch of his nuclear power policy costings last week was a case in point: it was released at a small press conference in Brisbane with subject-matter-expert reporters thousands of kilometres away in Sydney, Canberra and Melbourne. The contrast with Bowen and Albanese fronting up in Canberra in 2021 with their climate change policy costings was stark. As the election approaches, there are more questions to be answered on the detail of what exactly a Coalition government would do on tax, industrial relations, health and education. The seven Coalition MPs who spoke to this masthead on background to inform this piece are dreaming of, at worst, a minority Labor government and some are even canvassing a return to government after one term. Dutton has enjoyed an unusual period of stability for a first-term opposition leader, assisted by the loss of Josh Frydenberg and many other Liberal moderates in May 2022 and the high number of conservative MPs and Queenslanders in the party room (usually but not always the same thing). But as one of those seven anonymous Liberal MPs points out, Dutton “read the riot act on abortion to the party room, for example, and that was important. And he has read the room on [Australia’s commitment to] net zero. He is holding the line, despite what the Nationals might want. “He has done an amazing job holding the government to account but he has to present enough of an alternative. His shadow front bench ... Is everyone ready? I don’t think so.” As the MP put it: “Policy is where Peter goes from an A+ to a B” and the loss of senior moderates Simon Birmingham and Paul Fletcher – both experienced policy wonks – makes it harder. A veteran MP who asked not to be named, says Dutton has performed better than his mentor Tony Abbott and in a more difficult environment, as Albanese’s team is not divided like the Labor government of the Rudd-Gillard-Rudd years. “Abbott’s approach was just ‘kill, kill, kill’ belligerence, and he had a fractured government to work with. He [Dutton] is not small or big target, he’s smart target, he picks his issues. The discipline with which he has shaped discussion of policies he wants to talk about and the sequence in which he has launched them shows very shrewd judgment,” the veteran says. Nuclear policy has been Dutton’s biggest policy gamble to date and, while the announcement strategy managed to minimise scrutiny on the numbers, both Dutton and treasury spokesman Angus Taylor have over-reached in recent days, perhaps deliberately, by claiming the nuclear plan will lower power bills by 44 per cent, despite the costings explicitly stating they had not modelled electricity price impacts. Labor believes this rhetorical overreach creates an opening for attack; the Coalition believes voters’ eyes will glaze over the fight on detail and bets a “he said, she said” fight will be a scoreless draw, which suits Dutton fine. Although polling shows Albanese is not rated by voters, nor is he hated, Dutton’s charge to the Lodge could come unstuck if he attempts to skate through on a “trust us, we will fix it” vibe because voters, at this stage, aren’t desperate to defenestrate the government. Professor of politics at ANU Ian McAllister, co-director of the university’s long-running Australian Election Study, says Dutton has been effective in 2024 and has room to be more expansive on policy in 2025. “He has established himself, he has no obvious challengers, he is in a good position to make quite dramatic policy changes if he wins the election. For example, on nuclear energy he has a degree of flexibility. To do it he will need some sort of bipartisanship, so for example Dutton could propose an independent inquiry, some sort of assembly or even a referendum on it if he wins the election,” McAllister says. Dutton has proven in 2024 that he is a worthy opposition leader. But he hasn’t yet shown how he would operate as a prime minister. He has just a few months to close the deal with voters. Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter .
India shouldn't build another LLM: Nandan NilekaniVancouver-based bookkeeping service Bench Accounting announced its sudden closure, potentially putting hundreds of staff out of work. HO/The Canadian Press Vancouver’s Bench Accounting suddenly ceased operations Friday, potentially putting hundreds out of work and leaving customers of the bookkeeping company – which had raised more than US$100-million from leading tech investors, including Shopify Inc. – scrambling for alternatives. The previous homepage of the Bench website was replaced Friday with a “ notice of service closure ” that said its platform was no longer accessible and that customers can expect to receive more information about how to access their data by Dec. 30. “We know this news is abrupt and may cause disruption, so we’re committed to helping Bench customers navigate through the transition,” the notice said, which also recommended customers switch to San Francisco–based accounting startup Kick. In a post on X, Shopify chief operations officer Kaz Nejatian blamed the shutdown on the decision in late 2021 to replace Bench co-founder Ian Crosby with Jean-Philippe Durrios as chief executive officer. “Bad investors destroyed a great Canadian company by replacing the founder with so-called professionals,” Mr. Nejatian wrote. Tobi Lutke, Shopify’s founder and CEO, replied to Mr. Nejatian’s post, saying: “this is exactly what happened. Replacing Ian Crosby is what killed the company.” Mr. Crosby ran Bench as CEO until late 2021, when he left to launch another accounting startup called Teal alongside Adam Saint, a fellow Bench co-founder. Teal was acquired by U.S. fintech company Mercury in September, and Mr. Crosby is now listed as Mercury’s head of accounting products. Multiple unverified reports said Bench has filed for creditor protection and that its roughly 450 employees had been laid off, though Mr. Durrios did not respond to multiple requests for confirmation. Bench first launched in 2011 and at its peak had a staff of nearly 700. Customers of the now-shuttered accounting subscription service were quick to voice their frustration. “After being a loyal client and partner since 2019, I’m feeling completely blindsided,” Monika Rose, founder and CEO of artisan market Grapes & Goods, said in a LinkedIn post. “Over the past year, I noticed higher team turnover and slower communication, but I chose to give them the benefit of the doubt. Just weeks ago, I even decided to onboard my new company with them. Now, I’m left with no books and feeling deeply let down.” Richie McIlroy had been a Bench customer for just two months when he learned the company was shutting down. His company, a Liverpool, U.K.-based screen recording sharing startup called Cap that he describes as an open-source alternative to the video messaging app Loom, paid Bench nearly US$2,000 for 10 months of backfilling and two monthly subscription payments. “They very happily took our money,” Mr. McIlroy told The Globe. “Nothing has been completed. It was supposed to be completed by the start of January, just in time for our first filing. This situation is absolutely ridiculous.” Bench was co-founded by Ian Crosby, and in 2012, the company joined the TechStars accelerator program in New York as 10sheet Inc. before changing its name to Bench Accounting and moving to Vancouver the following year. Bench went on to raise roughly US$113-million from some of the biggest names in the technology space. Shopify participated in its most recent fundraising round in 2021, which also included Inovia Capital, Altos Ventures and Contour Partners. British small business software maker Sage Group also participated in that round and Bank of Montreal provided some debt. In a statement posted to his personal social accounts on Friday, Mr. Crosby said he was “very sad to see that Bench Accounting has shut down.” He said he was “fired from the company I co-founded” while having lunch with a member of the Bench board of directors in November of 2021. “The board member thanked me for bringing the company to this point, but that they would be bringing in a new professional CEO to ‘take the company to the next level’,” Mr. Crosby wrote. “I was totally convinced that their approach would destroy the company.” “I hope the story of Bench goes on to become a warning for VCs that think they can ‘upgrade’ a company by replacing the founder,” he said. “It never works.”
Why it matters: Ayar Labs, a pioneer in optical interconnect technology that leverages light to transfer data between chips, has secured $155 million in Series D funding. The round was backed by semiconductor heavyweights Nvidia, AMD, and Intel, pushing the startup's valuation beyond $1 billion as it prepares for large-scale production. Ayar Labs is making waves by shrinking fiber optic data transmission technology to the chip scale. Its flagship product, the TeraPHY optical I/O chiplet, delivers a staggering four terabits per second of bi-directional bandwidth with ultra-low latency. Even more impressive, it achieves this while consuming just 10 watts or five picojoules per byte – a breakthrough in energy efficiency at such speeds. The chiplet integrates directly into advanced chip packages, replacing traditional electrical interconnects with cutting-edge optical solutions. This innovation could be a game-changer for modern AI workloads, which demand enormous data throughput. Power-hungry GPUs driving these workloads require advanced interconnects to eliminate system bottlenecks and reduce energy consumption, making Ayar Labs' technology critical for the next generation of computing. Ayar Labs' other key innovation is the SuperNova Light Source, which supplies 16 wavelengths of light to power 16 ports and 256 data channels – delivering a total 16 terabits per second of bi-directional throughput. Designed to complement the TeraPHY chiplets in server systems, this solution offers 5 – 10x higher bandwidth, 10x lower latency, and up to 8x greater power efficiency compared to traditional electrical interconnects. "The AI workload is really breaking the back of the existing hardware, especially for interconnects," said Ayar Labs CEO Mark Wade. "We've come up with a way to replace those electrical interconnects." "The leading GPU providers – AMD and NVIDIA – and semiconductor foundries – GlobalFoundries, Intel Foundry, and TSMC – combined with the backing of Advent, Light Street, and our other investors underscores the potential of our optical I/O technology to redefine the future of AI infrastructure," he added . While fiber optics have long been used for long-distance data transmission, miniaturizing the technology to the chip scale is a major technical feat. Ayar Labs has collaborated with manufacturers like GlobalFoundries and Intel to integrate its technology into high-volume chip production, with discussions reportedly underway with TSMC, according to Bloomberg. Wade revealed that customers are already sampling the TeraPHY chiplets, with high-volume qualification anticipated by mid-2026. The company plans to use the fresh $155 million in Series D funding to scale up manufacturing and meet the skyrocketing demand for AI interconnect bandwidth. The funding round was led by Advent Global Opportunities and Light Street Capital, with significant contributions from Nvidia, AMD Ventures, and Intel Capital – marking a collective endorsement from the "big three" chipmakers. Existing backers, including Lockheed Martin Ventures, GlobalFoundries, Applied Ventures LLC, and VentureTech Alliance, also participated in the round.Lenovo Tab Plus (2024) review: An excellent budget Android tablet with amazing speakersHyderabad : Telangana anti-corruption bureau (ACB), on Saturday, December 28, arrested a government officer in Bhadradri Kothagudem district for demanding a bribe of Rs 50,000 for doing official work. The arrested official, identified as Merugu Rathnam, has been working as the deputy surveyor at Dammannapet Mandal in Kothagudem. According to the ACB, the government officer was caught taking the bribe money for conducting a land survey and submitting an official survey report at the property owned by the complainant’s sister. The officials confirmed Merugu Rathnam was taking bribes with the chemical test for bribing as his left hand turned positive for touching the bribe money. On December 9, a senior accountant of the district treasury office in Khammam was caught demanding Rs 40,000 as a bribe for performing official duties. ACB officials arrested Katta Nagesh who demanded the bribe money to process the revised pay scale, including pay fixation, service pension, gratuity, enhanced family pension, normal family pension bills and commutation totalling Rs 3,92,960. The work concerned a dead person who was a relative of the complainant. Citizens can report incidents of bribery by calling at the hotline 1064.