Author Topic: $500K Taxpayer-Funded Subsidy Directly Benefits Google, Tech Giants  (Read 431 times)

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 $500K Taxpayer-Funded Subsidy Directly Benefits Google, Tech Giants
Posted By Joe Schoffstall On December 1, 2016 @ 5:00 am In Issues | No Comments

Multi-billion dollar tech giants with close access to President Obama’s White House, including Google, are benefitting from a $500,000 taxpayer-funded subsidy that was funneled by the National Science Foundation (NSF) to the Massachusetts Institute of Technology, according to a report released Monday by Sen. James Lankford (R., Okla.).

The government grant, brought to light in Lankford’s report titled “Federal Fumbles: 100 Ways the Government Dropped the Ball,” details the half-million dollars in federal assistance provided by NSF to MIT in 2015 to perform research on a new method to “design a datacenter’s computer network” to help tech companies such as Google, Facebook, and Apple. This new method, known as Flexplane, is said to provide better customization in datacenters to benefit the companies in the future.



Article printed from Washington Free Beacon: http://freebeacon.com

URL to article: http://freebeacon.com/issues/500k-taxpayer-funded-subsidy-directly-benefits-google-tech-giants/