Chipmaking giant Taiwan Semiconductor Manufacturing Co. (TSMC) halted semiconductor shipments to a client that may have illegally sent the chips on to Huawei, according to Bloomberg.
Tesla has tweeted its roadmap for the remaining months of 2024 and early 2025, revealing that Full Self-Driving could be available in Europe and China in the first quarter of next year, if it gets the proper approval from each region's respective regulators.
Canadians who have been mulling whether to snap up a Chinese EV may want to make a firm decision on that quickly. Prime Minister Justin Trudeau announced that, starting on October 1, the country will impose a 100 percent tariff on electric vehicles built in China. The White House established an identical levy in the US earlier this year.
Amazon changed the face of retail over the last 20 years but has failed miserably to make inroads in the luxury goods market. Now, it's trying something new. The online retailer has purchased a small stake in retailer Neiman Marcus and will reportedly provide data and logistics to Neiman and its new owner, Saks Fifth Avenue.
South Korea is the latest country to support its local semiconductor industry in a significant fashion. It's trying to stay competitive with the likes of the US, China and Taiwan with the help of a 26 trillion won ($19 billion) support package.
After being briefly overtaken by Apple in 2023, Samsung once again holds the title for most global smartphone shipments. The International Data Corporation (IDC) Mobile Phone Tracker's preliminary data for 2024's first quarter showed Samsung reclaiming the lead it has held since 2010.
A new Carbon Majors Database report, which examines carbon dioxide emissions, found that just 57 companies were responsible for 80 percent of the global carbon dioxide emissions between 2016 and 2022. ExxonMobil, which topped the list of United States companies, contributed 1.4 percent of all global carbon dioxide emissions. It has net zero emissions targets.
Last year was the hottest on record and the Earth is headed towards a global warming of 2.7 degrees, yet top fossil fuel and cement producers show a disregard for climate change and actively make things worse.
The Biden administration recently announced that it would be requiring large cryptocurrency mining operations to report electricity usage, via a press release from The Energy Information Administration. This follows concerns that the industry could pose a threat to the nation’s electricity grids and hasten the impacts of climate change.
Yandex, often described as Russia’s Google, has sold its domestic businesses at a knock-down price. Bloomberg reports the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares.