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Chip Maker TSMC Weighs Expansion in Japan to Reduce Geopolitical Risk

Leave a Comment / Global News, Tech Industry /

The giant chip producer Taiwan Semiconductor Manufacturing Co. provides chips to major electronic products including those of Apple Inc. The company recently built its first Japanese factory on the country’s southern island Kyushu, looking forward to reducing its future geopolitical risks from Beijing while receiving subsidizations from the Japanese government. The semiconductor industry has been […]

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Texas Sues Google Over Use of Facial Images

Leave a Comment / Tech Industry /

On Thursday Oct. 20, the Texas attorney general sued Alphabet Inc.’s Google on its biometric data collections of its users’ face and voice features, stating that the company did not seek the users’ full consent.  Meanwhile, Google spokesperson Jose Castaneda argued that Google Photos helps users organize their pictures via a feature that’s easy to

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Alibaba reports first revenue decline since going public

Leave a Comment / Global News, Tech Industry /

On Aug. 4th, Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) reported revenues of $30.4 billion for its April-June 2022 quarter, which are down by 0.1% compared to the same period in 2021. It’s the first time since listed in 2014 that the firm failed to post revenue growth due to China’s COVID-19 outbreaks

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Cryptocurrency is coming to your credit cards, together with cybersecurity risks

Leave a Comment / Cryptocurrency /

Currently cryptos are a volatile investment, but major card companies such as Visa Inc. and Mastercard Inc. believe that soon in the future it will be used for daily consumer retails, and they don’t want to be left behind by this trend. Consumers can now pay for many things with cryptocurrencies through cards issued by

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Lawmakers urge FTC to investigate Apple and Google over mobile tracking and sale of personal data, targeting abortion seekers

Leave a Comment / Politics, Tech Industry /

This past Friday, four Democratic senators from Massachusetts, New Jersey, Oregon, and California together wrote a letter to Lina Khan, chair of the Federal Trade Commission, accusing Apple and Google of unethically collecting and selling “hundreds of millions of mobile phone users’ data”. For each of the companies’ mobile operating systems, iOS and Android respectively,

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Buy Now Pay Later business model faces test as interest rates increase

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The BNPL business model emerged out of a very low-interest rate environment, which allows the firms to raise funds at a relatively low cost. These firms have created one of the fastest-growing segments in consumer finance, with transaction volume reaching $120 billion USD in 2021.  The business model is especially popular among young consumers during

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