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With the launch of Intel’s Third Generation Xeon Scalable platform based on 10nm Ice Lake processors, Intel has upgraded a part of the company that makes the BIG money. For the last few years Intel has been pivoting from a CPU-centric company to a Data-centric company, leveraging the fact that more and more of its product lines are built towards the datacenter mindset. With the launch of the new server platform in this past week, Intel is gearing itself up for an enterprise stack built on 10nm, PCIe 4.0, and cryptographic acceleration. Alongside the new 10nm Ice Lake Xeons, Intel also has Optane persistent memory, 200 gigabit Ethernet, Stratix and Agilex FPGAs, high-performance SSDs with 3D NAND, Optane-based storage, AI hardware with Movidius and Habana, Tofino network switching, eASIC technology, and upcoming X ....
TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Without a tax increase, New Kensington-Arnold School District is looking at a $1.5 million budget deficit for next school year that would force it to empty its reserves. The school board’s finance committee met virtually Monday to review the district’s proposed final 2021-22 budget. It would spend $38.7 million on $37.2 million of revenue. Although the school board has approved asking the state for permission to potentially increase its property tax rate by more than its 4.4% limit, Business Manager Jeff McVey presented a proposed final budget to the committee that includes no tax increase. ....
TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. The New Kensington-Arnold School District is going forward with a preliminary 2021-22 budget carrying a 6.8% property tax increase despite Gov. Tom Wolf’s budget proposal that boost funding for public schools. Wolf released his budget proposal Tuesday. It contains nearly $2 billion extra for schools a more than 20% increase paid for with an increase in the state’s personal income tax rate. New Kensington-Arnold’s preliminary budget, which the school board approved Tuesday night, still carries a 6-mill property tax increase. The board authorized business Manager Jeff McVey to ask the state to allow the district to increase the tax rate by more than its state-imposed inflation limit of 4.4% without voter approval. ....