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cnbc.com

Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon (www.cnbc.com)

The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing....

U.S. investigating Meta for role in illicit drug sales, WSJ reports (www.cnbc.com)

U.S. prosecutors in Virginia are probing whether Facebook-parent Meta’s social media platforms facilitated and profited from the illegal sale of drugs, the Wall Street Journal reported on Saturday, citing documents and people familiar with the matter....

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