Yuka Hayashi / Wall Street Journal: The US Commerce Department has built a team of people from Goldman Sachs, Blackstone, KKR, and other Wall Street firms to help allocate $39B in chip subsidies  —  Talent from Goldman Sachs, KKR and Blackstone will help determine how $39 billion in semiconductor chip subsidies are allocated Lees verder op Tech Meme

Bloomberg: Sources: Intel is expected to call off its planned $5.4B Tower acquisition, which had an August 15 deadline, as time to win Chinese regulatory approval runs out  —  – Company expected to call off transaction as time runs out  — Deal would have put Intel in closer competition with TSMC Lees verder op Tech Meme

PYMNTS.com: Hollywood, Florida-based ClassWallet, which offers a digital wallet-based purchasing and reimbursement service for public funds, raised $95M led by Guidepost  —  ClassWallet has raised $95 million to grow its digital wallet-based purchasing and reimbursement platform for public funds. Lees verder op Tech Meme

Alex Weprin / The Hollywood Reporter: Amazon hikes the price of Music Unlimited for Prime subscribers, up $1/month to $9.99 for individual plans and family plans up $1/month to $16.99  —  Amazon previously raised the prime of Amazon Music Unlimited for non-Prime members earlier this year.  —  Amazon Music Unlimited … Lees verder op Tech Meme

Jay Peters / The Verge: Users of XPro, previously TweetDeck, report encountering paywalls to use the service; X said on July 3 that “in 30 days” XPro would be a subscriber-only feature  —  X, the social network formally known as Twitter, appears to be finally following through on its promise to make TweetDeck a paid service. Lees verder op Tech Meme

Jesse Hamilton / CoinDesk: GOP House Financial Services Committee lawmakers demand that SEC Chair Gary Gensler explain how Prometheum won its unique approval as a broker-dealer for crypto  —  Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel’s Republicans to question … Lees verder op Tech Meme