Global News and Industry Insights

Here are a few headlines of note. Their sources are linked.

Construction Begins for $64M Fiber Expansion in Arkansas

Windstream, a privately held communications and software company, announced that construction will begin this month on the first of seven fiber broadband expansion projects funded in partnership with the State of Arkansas. The projects will deliver Kinetic by Windstream gigabit-speed internet service to more than 15,100 households and small businesses in rural areas of seven Arkansas counties. Keep reading.

Germany to invest billions to bring semiconductor production back to Europe

As part of a major European project, Germany wants to invest several billion euros into bringing semiconductor production back to Europe, with the aim of strengthening German and European technological sovereignty. EURACTIV Germany reports.

To promote the expansion of microelectronics in Germany, Economy Minister Peter Altmaier held talks with 50 representatives of the European and international semiconductor industry on Wednesday (1 September) to encourage them to invest in Germany by presenting them with a support package. Keep reading.

Fast Company Names Best Workplaces for Innovators

For the third year, Fast Company collaborated with Accenture to score every application we received and identify more than 100 organizations, leaders, and teams that have created cultures of innovation in 2021—no easy task given that many employees have continued to work remotely this year. The companies on the Best Workplaces for Innovators found ways to collaborate and invent despite the challenges posed by the pandemic, and in some cases applied their innovation prowess to the challenges of virtual work.

And when talent and innovation intersect with mission—as it did for vaccine maker Moderna, No. 1 on the Best Workplaces for Innovators ranking—the results are not just powerful, they can help change the world. Keep reading.

Verizon Media changes ownership and is renamed Yahoo!

Private equity firm Apollo Global Management disclosed that the funds managed by its affiliates, Apollo Funds, completed the purchase of Yahoo (formerly known as Verizon Media Group, formerly known as Oath). As reported in May by The Wall Street Journal, the deal is worth $ 5 billion, with $ 4.25 billion in cash, plus preferred interest of $ 750 million. Keep reading.

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