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We look at the tech implications of the new stimulus bill, Lockheed Martin makes a big rocket engine acquisition and Google Cloud expands. This is your Daily Crunch for December 21, 2020. |
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The $900 billion pandemic relief bill that lawmakers agreed on over the weekend includes a number of provisions that could have a significant impact on the tech industry. For one thing, it commits $7 billion to increase broadband access, including $50 monthly payments to help qualifying families pay for broadband. The bill also includes $1.9 billion to “rip and replace” equipment from Chinese companies ZTE and Huawei. And there’s $35.2 billion for energy initiatives, with photovoltaics, new transportation technologies and energy efficiency technologies looking like the big winners. Lawmakers from both parties have reached an agreement in principle on the stimulus, but it still needs final approval from Congress and President Donald Trump. Read more |
| Image Credits: Bryce Durbin/TechCrunch |
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| Image Credits: NASA |
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| Image Credits: picture alliance / Getty Images |
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| Image Credits: Maciej Frolow/Photodisc / Getty Images |
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| Image Credits: Thomas Koehler / Getty Images |
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