Intel's making a major investment into Fab 28 in Kyryat Gat
Intel, the world's largest semiconductor company, will invest a further $550 million into its Fab 28 facility in Kiryat Gat, one of the most advanced chip manufacturing plants on the planet. The investment is the result of a reciprocal purchasing agreement Intel inked with the Israeli Ministry of Economy. This latest deal brings Intel's total investments in Israel to over $6 billion since 2006.
The deal calls for an Israeli grant of $300 million over five years
Intel has hammered out a deal with Israel's finance and economy ministries to invest $6 billion towards upgrading its chip manufacturing plant in the region. That figure qualifies as the largest single investment by a foreign company in Israel, and in return, Intel will receive a government grant of $300 million over five years. The chip maker will also be eligible for a corporate tax rate of just 5 percent for the next 10 years.
With the hyper-advanced Flame malware wreaking havoc in the Middle East, researchers are pondering if it's related to the Stuxnet worm that devastated Iranian nuclear facilities -- and trying to figure out who made the darned thing. Well, if Flame is related to Stuxnet, the second question can be answered with a fair amount of certainty, as the New York Times released a long, detailed report today claiming that Stuxnet is a joint U.S - Israeli venture created during Bush's time in office and continued by the Obama administration.
Intel’s chip plant in Kiryat Gat, Israel, is about to be upgraded to 22nm production capability, the chip maker said at a news conference. The upgrade will see the company invest around $2.7 billion, including a $210 million grant that was recently approved by the Israeli government. The fab is expected to begin production on 22nm process technology in December, which is in keeping with the late 2011/early 2012 launch of Ivy Bridge processors -- 22nm die shrink of Sandy Bridge. A few months back, Intel announced that it would spend up to $8 billion on similar upgrades to four of its existing plants in Oregon and Arizona and the construction of a new 22nm fab in Oregon.
While Israel is constantly strengthening its anti-missile defenses to take on a wide variety of enemy projectiles – from long range ballistic missiles to unguided rockets, missile defense systems are effective only to a certain degree, leaving enough room for a few missiles or rockets from an enemy fusillade to sneak through these otherwise very sophisticated defense systems.
The Israeli government wants to ensure that its citizens are not sitting ducks in the eventuality of a missile breaching its multi-tier missile shield. To this end, the Israel Defense Force’s (IDF) Home Front Command has decided to deploy a comprehensive missile alert system developed by eVigilo and Ericsson. The alert system has been in the pipeline for a while now.
Now, according to a leading Israeli newspaper, the system will finally go live in June 2011. The warning system will alert people through cell phones, television and radio stations, web sites and billboards. It will ensure that only those people are warned to whom the threat directly applies. Another good thing is that it is said to have only cost the exchequer $7 million. All said, we still don't know whether there will be “an app for that.”
According to a Washington Post report, Israel has banned all imports of Apple's popular iPad tablet. It isn't the lack of Flash or pre-iPhone OS 4.0 multitasking that has Israeli officials taking a tough stance on iPad imports, but concerns over Wi-Fi.
Here in the States, the FCC allows Wi-Fi enabled devices to broadcast at higher levels than what's allowed in Europe and Israel. The concern for Israel is that the iPad could interfere with other gadgets. As of late last week, customs officials had confiscated about 10 tablets.
"If you operate equipment in a frequency band which is different from the others that operate on that frequency band, then there will be interference," said Nati Schubert, a senior deputy director for the Communications Ministry. "We don't care where people buy their equipment. ... But without regulation, you would have chaos."
Software developers living in Israel have voiced concerns over the ban.
"There are several hundred people in Israel who make their livelihood develop apps ... and there are going to be companies that suffer, because they can't deliver the services they're supposed to be delivering," said Amnon, a software developer who legally brought an iPad in Israel but asked that his last name be withheld.
Internet shenanigans are keeping abreast with the latest developments around the world and using it to their advantage. An email doing the rounds around the internet hoodwinks the recipient into believing that it is from CNN. The clandestine email ostensibly contains a link to a “graphic” video of the ongoing Israel-Hamas conflict. However, it leads to a fake website that contains a Trojan that betrays the user’s sensitive data, according to the RSA.
The author of the phishing attack has tried to make the website as plausible as possible. Upon visiting the link, the user is greeted with a message asking him to update his Adobe Flash Player. If the user lends his countenance to the download, a Trojan is downloaded instead of the latest version of Flash
When the people won’t come to the politics, you’ve got to bring the politics to the people. At least, this is the idea that the Israeli Consulate in New York took with a “Citizen’s Press Conference” yesterday.
David Saranga, Consul of Media and Public Affairs took questions regarding the situation in Israel and Gaza from Twitter users yesterday from 1-3pm, all directly from their Twitter page. You can check out all the action here.
All in all, this is a pretty cool step. From how active the page was it’s easy to see that the consulate had plenty of questions to answer, and that good amounts of people were eager to get involved.