Obama Supplies Google & Tech Giants with Massive Taxpayer Subsidies

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President Obama and his administration have racked up multi-million dollar tech giant allies such as Google by providing them $500,000 taxpayer-funded subsidies. The money was funneled by the National Science Foundation (NSF) to the Massachusetts Institute of Technology, as revealed by Sen. James Lankford and his annual report of “federal fumbles.”

The government grant was funded research on a new method to “design a datacenter’s computer network” in order to help tech companies such as Google, Facebook, and Apple strive. Flexplane, the new method being tested, is said to provide better customization in datacenters to benefit these companies in the future.

The companies are reaping in massive benefits of the taxpayer-funded research. Google’s revenue sat at $74.5 billion in 2015. That same year, Facebook raked in $17.93 billion in revenue. Apple’s gargantuan earnings ranged at $234 billion. The report also revealed that these companies will begin investing in opening up new datacenters across the country.

The report reads:

“Over the last several years, these companies invested their money to design and build new datacenters around the country. Earlier this year, Microsoft announced it would build a new center in Iowa at a cost between $1.5 and $2.5 billion. Google is currently constructing a $600 million center in Dallas, and Facebook broke ground in July on a $500 million datacenter in Ft. Worth. It was announced earlier this year that Apple is currently building three new datacenters in the United States and Europe at a total cost of $3.9 billion.”







 

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