Elon Musk’s Department of Government Efficiency (DOGE) is organizing a hackathon next week to create a “mega API” allowing cloud providers access to taxpayer data, with IRS staffers Gavin Kliger and Sam Corcos leading the effort. Corcos aims to build a comprehensive API for IRS information, such as taxpayer names, social security numbers, and tax returns, which could be exported to external systems. The project may involve third-party vendors like Palantir, raising concerns about data security and privacy among IRS workers.
Full Article
Intel: New Products Must Deliver 50% Gross Profit To Get the Green Light
Intel has introduced a new policy mandating that all new projects must achieve at least a 50% gross margin to proceed, a move CEO Lip-Bu Tan describes as essential for regaining profitability, given the company's recent low margins of 31.67%. Tan is focused on improving gross margins, potentially by reevaluating unprofitable partnerships, while also striving to reestablish Intel as an engineering-centric company through recruiting and retaining top talent. However, balancing innovative product development with stringent...
Read more