PINOBOY
web business and news
Month: July 2022
Month: July 2022
US, Japan to Set Up Research Center for Next Semiconductors
The United States and Japan launched a new high-level economic dialogue Friday aimed at pushing back against China and countering the disruption caused by Russia’s invasion of Ukraine. The two longtime allies agreed to establish a new joint research center for next-generation semiconductors during the so-called economic “two-plus-two” ministerial meeting in Washington, Japanese Trade Minister
DetailsCongress OKs Bill to Aid Computer Chip Firms, Counter China
The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China. The House approved the bill by a solid margin of 243-187, sending the measure to President
DetailsUS Probes Cyber Breach of Federal Court Records System
The U.S. Justice Department is investigating a cyber breach involving the federal court records management system, the department’s top national security attorney told lawmakers Thursday. Matt Olsen, head of the Justice Department’s National Security Division, alluded to the threat of cyberattacks by foreign nations as he told the U.S. House of Representative Judiciary Committee that
DetailsTwitter Accepts Oct. 17 Trial but Is Concerned Musk Will Try to Delay
Twitter Inc. does not object to Elon Musk’s proposal to start a trial on October 17 over Musk’s bid to walk away from his $44 billion acquisition deal but the social media company wants a commitment to complete the trial in five days, Twitter said in a court filing on Wednesday. Musk has said he
DetailsMeta Posts First Revenue Drop as Inflation Throttles Ad Sales
Meta Platforms Inc. issued a gloomy forecast after recording its first ever quarterly drop in revenue Wednesday, with recession fears and competitive pressures weighing on its digital ads sales. Shares of the Menlo Park, California-based company were down about 4.6% in extended trading. The company said it expected third-quarter revenue to be in the range
DetailsCommunity Solar Powers New York City’s Green Grid
Located on the rooftops of commercial skyscrapers, apartment buildings and warehouses, micro solar plants are starting to play a larger role in America’s quest for a green electrical grid. Aron Ranen reports from New York City. …
DetailsUS Senate Advances Bill to Boost Microchip Production
The U.S. Senate has passed a $280 billion initiative that would boost domestic production of microchips and provide support for a key industry that competes with overseas countries including China. VOA’s Congressional Correspondent Katherine Gypson reports. …
DetailsUS Senate Votes to Advance Sweeping Semiconductor Industry Bill
The U.S. Senate voted 64-32 on Tuesday to advance legislation to dramatically boost U.S. semiconductor manufacturing in a bid to make the domestic industry more competitive with China. The legislation provides about $52 billion in government subsidies for U.S. semiconductor production as well as an investment tax credit for chip plants estimated to be worth
DetailsSemiconductor Bill Unites US Politicians From Left, Right — in Opposition
A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right. The bill making its way through the Senate is a top priority of the Biden administration. It would add about $79 billion to the deficit
DetailsHow China Became Ground Zero for the Auto Chip Shortage
From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers – at least in China. Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power
DetailsUS Congress Moves Toward $52 Billion in Subsidies for Semiconductor Firms
The Senate this week took a key step toward passing a bill meant to provide $52 billion in subsidies to the semiconductor industry in the United States, part of an effort that lawmakers have characterized as protecting the country from supply shortages such as those that struck during the coronavirus pandemic. The bill, called the
DetailsTwitter Suffers Widespread Outage
Twitter appeared to be working again after a widespread outage earlier Thursday. The site Downdetector.com, which logs service outages, reported it was the first such outage since February and impacted people in the United States, the United Kingdom, Mexico, Brazil, Italy and others. Starting around 8 a.m. on the U.S. East Coast, many users received
DetailsGovernments Weigh Benefits, Climate Threat of Crypto Mining
Cryptocurrencies use an enormous amount of energy, and as the industry grows rapidly, so do concerns about its impact on the climate. Matt Dibble has the story. …
DetailsTwitter Sues to Force Musk to Complete His $44B Acquisition
Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company. Musk and Twitter have been bracing for a legal fight since the billionaire said on Friday he was backing off of his April agreement to buy the company. Twitter’s lawsuit opens with a
DetailsNASA to Release Images from Most Powerful Space Telescope
The U.S. space agency is set to release the full set of the first full-color images from the James Webb Space Telescope on Tuesday, a day after sharing a full-color picture showing stars and galaxies from deeper into the cosmos than ever seen before. During a news briefing at the White House Monday to unveil
DetailsFrustrated by Gun Deaths, Entrepreneurs Turn to Technology
As the U.S. reels from a surge of recent mass shootings, some technologists are focusing on how to prevent casualties. VOA’s Julie Taboh spoke with a couple of entrepreneurs who have developed gun-detecting technologies. …
DetailsLooming Musk-Twitter Legal Battle Hammers Company Shares
Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement. Twitter is now preparing to sue Musk in Delaware where the
DetailsReport: Uber Lobbied, Used ‘Stealth’ Tech to Block Scrutiny
As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and considered portraying violence against its drivers as a way to gain public sympathy, according to
DetailsMillions of Canadians Lose Mobile, Internet Services
Millions of Canadians found out Friday what it is like to live without access to the internet and mobile phone service. Rogers Communications, the country’s largest mobile and internet provider, experienced a major outage, beginning Friday morning and lasting most of the day. The outage affected retailers, credit card and debit transactions, court proceedings, government
DetailsTwitter Claims It Is Removing 1 Million Spam Accounts Daily
Twitter said Thursday it removes more than 1 million spam and bot accounts every day. The removals come as Tesla founder Elon Musk, who is in the process of acquiring the company, continues to pressure Twitter to reduce spam accounts. He has threatened to cancel the $44 billion deal if Twitter cannot prove spam and
DetailsLogOn: Companion Robot Responds to User’s Emotional Cues, Health Needs
Many people struggle with feelings of loneliness and social isolation. For some, a robot companion might make a difference, and states like New York are starting to provide them to residents free of charge. VOA’s Julie Taboh has more. Videographer: Adam Greenbaum Produced by: Julie Taboh, Adam Greenbaum …
DetailsThe Bitcoin Boom: Rural Texas Town Welcomes Bitcoin Mining
A rural town in central Texas is home to the largest bitcoin mining facility in North America, bringing jobs and welcomed vitality into the community. But critics warn the operations are part of a volatile new industry. Deana Mitchell has the story. …
Details- 1
- 2