tech:

taffy

Google Offers To Save Valley Historic Landmark Hangar One

By Sudarshana Banerjee

Ken Ambrose, a vice president for H211, a Google-owned corporation with eight privately owned aircraft based at Moffett, attended the Mountain View City Hall meeting of the Hangar One Subcommittee of the Moffett Restoration Advisory Board Thursday evening. Ambrose said his company would volunteer to fund the re-skinning of Hangar One.

The restoration is believed to cost a reported $33 million, and H211 has proposed that it fund the entire amount. The offer was sent to NASA in September this year, but a decision has yet to be reached, as NASA has not yet responded back. It was proposed that NASA continue to own the hangar and lease a portion of it to H211 and others.

President Obama’s NASA budget for fiscal year 2012 included $32.8 million for restoration—installing new siding and roofing to make the hangar watertight—but in June NASA’s Inspector General’s office questioned the funding, says the website Save Hangar One.  In April 2011, the exterior panels began coming down, starting at the top. If the project is not funded, the hangar’s frame will sit, exposed to the elements, when the Navy completes disassembly in 2012, says the website.

Hangar One is one of the world’s largest freestanding structures, covering 8 acres, and has long been one of the most recognizable landmarks of Silicon Valley. An early example of mid-century modern architecture, Hangar One was built in the 1930s as a naval airship station for the USS Macon, says Wikipedia. 81 years later, the fate of the historic structure lies in wait for the relevant authorities to make up their respective and collective minds on what to do with the hangar.

[Image Courtesy: NASA]

Just in

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.