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The University of Southern California plans to announce today that it has received two gifts totaling $100 million aimed at showing how technology is transforming academe and industry, the Los Angeles Times reported. The gifts, to be announced on the day that USC inaugurates its new president, C.L. (Max) Nikias, are designed to create a new cancer treatment focused on nanomedical research and a new building for high-tech journalism studies, the Times reported. The donations come from an alumnus and from the Annenberg Foundation, respectively.