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What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall…

Airbus orders software fix to thousands of planes due to solar radiation risk

Airbus orders software fix to thousands of planes due to solar radiation risk

Flights were delayed and cancelled globally after Airbus ordered fixes to 6,000 of its A320 series planes, according to The Guardian. The company said it’s taking action because “analysis of a recent event involving an A320 Family aircraft has revealed that intense solar radiation may corrupt data critical to the functioning of flight controls.” Citing…