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GlobalFoundries’ NY chip plant to get up to $10B boost

Abu Dhabi-based Advanced Technology Investment Company plans to drop $10 billion into GlobalFoundries’ semiconductor factory in New York, the company has confirmed. Speaking to Reuters in an interview published on Friday, ATIC CEO Ibrahim Ajami said that the $10 billion investment will be made over a period of two years. The funds will be used to expand the chipmaker’s factory …

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Temptation: AT&T offers T

Once upon a time, AT&T wanted to own T-Mobile. Now it wants to destroy its competitor. AT&T will offer T-Mobile customers up to $450 per line to switch their service to its network, the company announced Friday. It will give customers $200 credit for every line they transfer from T-Mobile. That credit will be available only to those customers who …

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