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According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
Bank of Canada Warns That a Typical Mortgage Payment Could Surge by 30% in 5 Years
On June 9, the Bank of Canada (BoC) said that high home prices and the debt that comes with them are...
Biometric Payments Are Replacing Cash and Card at Grocery Stores
The move to eliminate cash and card payments in favor of biometric facial recognition is now formally...
China Fights Uphill Battle to Rescue Its Economy While Keeping ‘Zero-COVID’
Since late May, state and Chinese Communist Party propaganda outlets have been noticeably promoting Beijing...
The Novavax Protein Subunit COVID Vaccine Is Causing Heart Inflammation, Too
A new and more traditional type of Coronavirus Disease 2019 (COVID-19) vaccine that will soon be either...
Tesla’s Shanghai Factory Back to 70 Percent of Pre-Lockdown Levels: Report
Electric auto maker Tesla's Shanghai plant, Gigafactory 3, has brought productivity back to 70 percent...
Newsom’s Electric Car Mandate Will Put 32,000 Mechanics Out of a Job
California Governor Gavin Newsom’s ambitious plan to transition from combustion engine cars to electric...
Americans Lost More Money Gambling In Q1 2022 Than Ever Before
The U.S. gaming industry posted its most profitable Q1 in history this year, states an industry advocacy...
AirBnB to Exit China After Repeated ‘Zero-COVID’ Lockdowns
As Chinese authorities double down on “zero-COVID” policies, Airbnb has decided to close down its business...
Tesla Continues to Grapple With Shanghai Lockdown Under ‘Closed Loop System’
As China continues its crushing lockdown of Shanghai, an increasing number of businesses are reporting...