University of Minnesota’s first semiconductor officer: ‘We can grow as a semiconductor hub’

Credit: Pixabay/CC0 Public Domain As the federal government invests heavily in domestic technology manufacturing, the University of Minnesota named its first-ever chief semiconductor officer in May. The University is taking the action to help companies and public agencies compete for funding from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act and help […]

Samsung says ‘no disruption’ to production despite strike

Members of the National Samsung Electronics Union stage a rally during their three-day general strike. South Korean tech giant Samsung said Tuesday that production was not being disrupted despite a three-day general strike by thousands of workers. More than 5,000 members of the National Samsung Electronics Union stopped working Monday, the organization said, as part […]

US regulator orders Boeing inspections over oxygen mask issue

The Federal Aviation Administration is ordering for inspections of more than 2,600 US-registered Boeing 737 planes over an oxygen mask issue. US aviation regulators said Monday that thousands of Boeing 737 airplanes would need to be inspected, amid concerns that passenger oxygen masks could fail in emergencies. The airworthiness directive by the Federal Aviation Administration […]

AI boom reshapes Wall Street as TSMC joins trillion-dollar club

TSMC, with most of its factories based in Taiwan, is well placed to also reap the rewards of the AI frenzy. The entry of Taiwanese chip giant TSMC into the elite club of the world’s most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. TSMC, listed in both […]

AI search tools and chatbots may make news less visible and reliable

Credit: Pixabay/CC0 Public Domain Evidence is mounting that the new generative AI internet search tools provided by OpenAI, Google and Microsoft can increase the risk of returning false, misleading or partially correct information. Despite the implications of this for the news industry and an informed democracy, the New Zealand government has decided to leave AI […]

Boeing, DoJ reach deal over MAX crashes case

Boeing says it has reached an agreement with the US Department of Justice over two fatal 737 MAX crashes. Boeing said Monday it had reached a deal with the US Department of Justice over two fatal 737 MAX crashes, which court papers show would see the aviation giant plead guilty to fraud. The agreement comes […]

Samsung workers begin three-day general strike over pay

The Samsung strike follows a one-day walkout in June, the first such collective action at the company, which went decades without unionisation. Workers at South Korean tech giant Samsung began a three-day general strike over pay and benefits on Monday, the head of a union representing tens of thousands of employees told AFP, warning the […]

Samsung Electronics forecasts major Q2 profit jump

Samsung Electronics has said it expects second-quarter profits to surge thanks to a bounceback in chip prices. Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand for generative AI continues to grow. The firm is the flagship subsidiary of South Korean giant […]

EU seeks to know how Amazon complies with digital rules

Credit: Unsplash/CC0 Public Domain Amazon must hand over more information to the EU on what steps the US e-commerce giant has taken to comply with new digital rules, the European Commission said on Friday. The query was made under the EU’s law known as the Digital Services Act (DSA) that forces platforms to do more […]

Deadline nears for Boeing decision on proposed MAX agreement

Boeing was plunged into crisis mode in January when a 737 MAX flown by Alaska Airlines was forced to make an emergency landing after a fuselage panel blew out mid-flight. More than five years after two fatal 737 MAX crashes, Boeing faces a fresh legal reckoning now that prosecutors have concluded the company flouted an […]

Chinese AI market optimistic despite scrutiny from West

Humanoid robots on display at the World Artificial Intelligence Conference in Shanghai. China’s AI sector showed confidence this week at a major fair in Shanghai that it would overcome restrictions imposed by the West, with companies rolling out cutting-edge products developed by a growing pool of young talent. The country’s generative AI industry has shown […]

Chinese electric vehicles are transforming Australia’s car market. Are we getting a good deal?

Credit: Unsplash/CC0 Public Domain China’s electric vehicle (EV) manufacturers are having a moment. For a long time, the race to electrify motoring has been almost synonymous with American carmaker Tesla, a clear early leader. But Chinese manufacturer BYD has been closing the gap, with some projections indicating it could overtake Tesla on annual battery-only electric […]

LG sees battery breakthrough by 2028 that has eluded Tesla

Credit: Unsplash/CC0 Public Domain LG Energy Solution Ltd. is aiming to commercialize what’s been described as a game-changing, battery-making technology by 2028, opening a path for the Korean cell manufacturer to become more competitive with Chinese rivals. Companies from Tesla Inc. to Samsung SDI Co. are working on dry-coating technology, a process that aims to […]

Bay Area tech layoff totals jump to worst pace in more than a year

Credit: Pixabay/CC0 Public Domain Bay Area tech layoffs jumped during the last three months and soared to their highest quarterly totals in over a year, an ominous sign the crucial sector’s wrenching cutbacks have yet to run their course. During the April-through-June period of this year, tech companies revealed plans to chop well over 7,000 […]

Amazon to build ‘top secret’ cloud for Australia’s spies

Credit: AI-generated image Top-secret Australian military intelligence will be stored on a custom cloud server built by US tech giant Amazon, Canberra said Thursday as it unveiled the US$1.3 billion deal. The Australian government said Amazon Web Services would design a “top secret” cloud for the country’s military and intelligence agencies. It would lead to […]

Threads hits 175 mn users on first anniversary

Promoted through their Instagram accounts, more than 100 million people downloaded Threads within a week of its launch in 100 countries. Threads, Meta’s alternative to X (formerly Twitter), has hit 175 million monthly users a year after its out-of-the-blue launch. “What a year,” Meta CEO and Facebook founder Mark Zuckerberg said Wednesday on Threads in […]

‘Open-washing’ generative AI: How Meta, Google and others feign openness

Credit: Unsplash/CC0 Public Domain The past year has seen a steep rise in generative AI systems that claim to be open. But how open are they really? New research shows there’s widespread practice of “open-washing” by companies like Meta and Google: claiming brownie points for openness while evading actual scrutiny. The question of what counts […]

Microsoft will pay $14M to settle allegations it discriminated against employees who took leave

A sign for Microsoft offices is seen, May 6, 2021, in New York. Microsoft Corp. has agreed to pay $14.4 million to settle allegations that the global software giant retaliated and discriminated against employees who took protected leave, including parental and disability, the California Civil Rights Department announced Wednesday, July 3, 2024. Credit: AP Photo/Mark […]

EU gives conditional nod to Lufthansa’s proposed ITA Airways stake

The EU has approved Lufthansa’s proposed stake in ITA Airways after the airline and the Italian government offered remedies. The EU on Wednesday announced its conditional approval for German airline Lufthansa’s proposed stake in ITA Airways, a deal that Italy called a “big European success”. Lufthansa, one of Europe’s largest carriers, last year agreed to […]

Microsoft to invest 2.2 bn euros in Spain data centers

Microsoft’s planned investment in Spain’s Aragon region is now touching nearly 6.7 billion euros. Microsoft is to invest 2.2 billion euros ($2.4 billion) in a huge data center project in northeastern Spain, regional authorities said Wednesday as the area seeks to establish itself as a cloud storage hotspot. The announcement, which follows other plans unveiled […]

How to increase the rate of plastics recycling

Roadmap for polyethylene terephthalate (PET) bottle circularity in the United States. (a) Circularity roadmap includes recycled content targets and staged deposit return systems (DRS) expansion to 48 contiguous states in the United States. (b) Demand evolution based on increasing recycled content targets. (c) Deposit supply curves for DRS expansion scenarios. Credit: Journal of Industrial Ecology […]

Amazon counts on ‘grit and innovation’ to meet AI surge

Amazon’s computing arsenal is housed in data centers scattered across the globe, and Prasad Kalyanaraman, Vice President for AWS Infrastructure, is the man in charge of keeping them running. The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative […]

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