Public policy

GBT Filed a Continuation Application for its 3D, Multiplanar IC Architecture Patent Seeking to Broaden its Innovative Microchip’s Design and Manufacturing Technology

Retrieved on: 
Thursday, January 20, 2022

SAN DIEGO, Jan. 20, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), filed a continuation patent application for its 3D, multiplanar, integrated circuits (IC) design and manufacturing technology. The original invention design presents a new way to design and manufacture larger size ICs to fit advanced analog, digital and mixed type ICs on a silicon wafer. The goal of these methods is to enable advanced microchip’s design and manufacturing within less space which can be a significant factor particularly for memories, CPU, GPU, AI chips and more. The company’s 3D microchip patent was filed on March 5, 2019, and was granted as of December 1, 2020 by the United States Patent and Trademark Office (“USPTO”); U.S. Patent No. 10,854,763. The continuation application, assigned number 17102928, was filed on November 24, 2020 and seeks to broaden the protection of the main IP concepts. It is GBT’s goal to allow for further advancements in circuitries connections and wiring through the use of the 3D, multidimensional design utilizing more space on the silicon wafer. This technology aims to increase memory size capacity, speed, performance, and processing power.

Key Points: 
  • SAN DIEGO, Jan. 20, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK:GTCH ) ("GBT or the Company), filed a continuation patent application for its 3D, multiplanar, integrated circuits (IC) design and manufacturing technology.
  • The continuation application, assigned number 17102928, was filed on November 24, 2020 and seeks to broaden the protection of the main IP concepts.
  • We believe our approach may alleviates the disadvantages of current ICs by providing new multi-dimensional IC architecture and design.
  • The 3D microchip patent introduces a multi-dimensional, multi-planar IC structure that may potentially be used in IC fabrication.

BOTS, INC. Enters Into Profit Sharing Agreement to House Up to Two Thousand Bitcoin and Ethereum Miners

Retrieved on: 
Thursday, January 20, 2022

The agreement includes an initial supply by Empire Blockchain of 2,000 Bitcoin and ETH mining machines worth approximately US$12.5 million.

Key Points: 
  • The agreement includes an initial supply by Empire Blockchain of 2,000 Bitcoin and ETH mining machines worth approximately US$12.5 million.
  • TekX also has an option to host additional miners upon an expansion of their hosting infrastructure.
  • Our research indicates growing demand for newer advanced performance hardware and related mining equipment and repair services.
  • TekX will deploy up to 2,000 Bitmain and ETH miners throughout the partnership expansion plans for 2022.

Fraser Institute News Release: 86% of middle-class families face higher federal personal income tax burden

Retrieved on: 
Thursday, January 20, 2022

VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Contrary to rhetoric from Ottawa, the vast majority of middle-class Canadian families pay higher federal personal income taxes due to tax changes made by the federal government, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Contrary to rhetoric from Ottawa, the vast majority of middle-class Canadian families pay higher federal personal income taxes due to tax changes made by the federal government, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
  • The federal government has repeatedly asserted that it lowered personal income taxes for the middle class when in fact it increased the personal income tax burden on most middle-class families, said Jake Fuss, senior economist at the Fraser Institute and co-author of Measuring the Impact of Federal Personal Income Tax Changes on Middle Income Canadian Families since 2015.
  • In 2015, the government reduced the second-lowest personal income tax rate (from 22 per cent to 20.5 per cent)but also scrapped income-splitting for couples with young children and eliminated a series of tax credits, which more than offset the savings from the tax rate reduction.
  • By promoting one income tax change and downplaying others, Ottawa paints an incomplete picture of the overall impact of their tax changes, which have imposed a higher personal income tax bill on the vast majority of middle-class families, said Fuss.

U.S. News Announces the 2022 Best Cars for the Money

Retrieved on: 
Thursday, January 20, 2022

We measured quality using a car's overall score in the U.S. News Best Car Rankings.

Key Points: 
  • We measured quality using a car's overall score in the U.S. News Best Car Rankings.
  • About the Best Cars for the Money Award Ceremony:
    "The Washington, D.C. Auto Show is honored to once again host the 2022 Best Cars for the Money awards during our Public Policy Day on January 20," said Washington Auto Show President and CEO John O'Donnell.
  • Each year, U.S. News also publishes the Best Cars awards, including Best Vehicle Brands, Best Cars for the Money and Best Cars for Families.
  • U.S. News Best Cars supports car shoppers throughout the entire car buying journey, offering advice for researching cars, finding cars for sale near you and getting the best rate on car insurance.

Novogradac Welcomes Fellow as Part of 2022 Open Access Program

Retrieved on: 
Wednesday, January 19, 2022

SAN FRANCISCO, Jan. 19, 2022 /PRNewswire-PRWeb/ --National public accounting and consulting firm Novogradac welcomes a paid intern who is part of the Open Access Fellowship 2022 program, which works to increase the representation of Black and Latinx professionals working to improve health, education and wealth outcomes in low-income communities across America.

Key Points: 
  • SAN FRANCISCO, Jan. 19, 2022 /PRNewswire-PRWeb/ --National public accounting and consulting firm Novogradac welcomes a paid intern who is part of the Open Access Fellowship 2022 program, which works to increase the representation of Black and Latinx professionals working to improve health, education and wealth outcomes in low-income communities across America.
  • "Novogradac is pleased to continue advancing community development education and looks forward to another successful experience with our Open Access fellow," said Michael J. Novogradac, CPA, managing partner of Novogradac.
  • All Open Access Fellowsincluding those working outside of Novogradacwill receive 10 hours of virtual education in community development through Novogradac and the opportunity to attend a 2022 Novogradac conference in person or virtually.
  • Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, opportunity zones, community development, historic rehabilitation and renewable energy.

FGA Finds That States That Require Youth Work Permits Decrease Their Workforce and Creates Barries To Work For Teens

Retrieved on: 
Wednesday, January 19, 2022

NAPLES, Fla., Jan. 19, 2022 /PRNewswire-PRWeb/ -- Yesterday, the Foundation for Government Accountability (FGA) identified a barrier to work that many states have created by using youth work permits to determine a teenager's eligibility to participate in the workforce.

Key Points: 
  • NAPLES, Fla., Jan. 19, 2022 /PRNewswire-PRWeb/ -- Yesterday, the Foundation for Government Accountability (FGA) identified a barrier to work that many states have created by using youth work permits to determine a teenager's eligibility to participate in the workforce.
  • In comparison, state-created youth work permits are certifications issued by school administrators that grant teenagers permission to work.
  • States that delay the hiring process for teenage workers with youth work permits may be unintentionally cutting off a critical source of their workforce.
  • "State lawmakers should eliminate youth work permits to end the influence given to school administrators and restore the decision-making rights to students and their parents."

Cybersecurity Group's SFOR.TRADE to Launch Cryptocurrency Trading Exchange in BOTS' Upcoming Las Vegas-Themed Metaverse

Retrieved on: 
Tuesday, January 18, 2022

Cybersecurity Group (CSG), an ISO 27001-certified Information Security Management company, created SFOR.TRADE cryptocurrency trading exchange with a focus on cybersecurity.

Key Points: 
  • Cybersecurity Group (CSG), an ISO 27001-certified Information Security Management company, created SFOR.TRADE cryptocurrency trading exchange with a focus on cybersecurity.
  • SFOR.TRADE plans on launching a virtual trading floor on BOTS' upcoming Metaverse to promote its cybersecurity-focused crypto exchange, host trading competitions, educational events on crypto trading, and spread awareness of its offerings amongst the crypto community.
  • Some people, especially those interested in gaming and crypto, are excited that virtual worlds are getting more complex and enticing.
  • The term Metaverse was coined in 1992 by Neal Stephenson in his science fiction book "Snow Crash."

KRONOS ADVANCED TECHNOLOGIES INC FILES REGISTRATION STATEMENT ON FORM S-1 TO FUND EXPANSION UP TO $10M.

Retrieved on: 
Tuesday, January 18, 2022

This will commence following the effectiveness of a registration statement filed with the SEC on January 14, 2022.

Key Points: 
  • This will commence following the effectiveness of a registration statement filed with the SEC on January 14, 2022.
  • "We look forward to cementing our business relationship with strategic partner firms like Dutchess," said the Company's COO, Joseph Florence.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
  • Kronos Advanced Technologies does not represent that the securities, products, or services discussed in this press release are suitable for any particular investor.

Fraser Institute News Release: Higher inflation and higher unemployment make Canada 6th most “miserable” country among 35 advanced economies

Retrieved on: 
Tuesday, January 18, 2022

VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Canadas higher inflation rate coupled with higher unemployment make it the 6th most miserable countries among 35 advanced economies worldwide, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Canadas higher inflation rate coupled with higher unemployment make it the 6th most miserable countries among 35 advanced economies worldwide, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
  • Canadians are rightly concerned about the countrys high inflation and unemployment rates, and when compared to other developed countries, Canada is not doing well, said Jason Clements, executive vice president of the Fraser Institute and co-author of Return of the Misery Index.
  • The study finds that out of the International Monetary Funds 35 most advanced economies, Canada has the 6th worst Misery Index score in 2021 of 10.88a combination of Canadas inflation rate of 3.15 and unemployment rate of 7.72.
  • The Misery Index was developed by American economist Arthur Okun as a way to capture both the costs of high inflation and high unemployment.

GBTs’ Wireless Motion Detection Patent Application was Approved for Prioritized Examination

Retrieved on: 
Tuesday, January 18, 2022

SANTA MONICA, Calif., Jan. 18, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), wireless motion detection, nonprovisional patent application, was approved on January 2022 for prioritized examination by the United States Patent and Trademark Office (“USPTO”).

Key Points: 
  • SANTA MONICA, Calif., Jan. 18, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK:GTCH ) ("GBT or the Company), wireless motion detection, nonprovisional patent application, was approved on January 2022 for prioritized examination by the United States Patent and Trademark Office (USPTO).
  • Prioritized examination is a procedure for expedited review of a patent application.
  • The technology is once developed planned to enable accurate 3D imaging of people and objects motion and position within a covered area.
  • As a reminder, the Company filed a non-provisional patent application on September 10, 2021, serial number 17471213.