Phoenix chip factories reshape US semiconductor landscape with TSMC investment

Aerial view of TSMC’s Phoenix chip factories under construction in the Sonoran Desert

PHOENIX — Rising from the arid expanse of the Sonoran Desert, sprawling computer chip factories now cover more than 1,149 acres, an area larger than New York’s Central Park.  The $165 billion complex, led by Taiwan Semiconductor Manufacturing Company, or TSMC, represents one of the largest industrial investments in US history and a critical effort … Read more

TikTok Brazil data center gets $37 billion investment in major Latin America expansion

Aerial view of the planned TikTok Brazil data center site in Ceará, showing industrial infrastructure and renewable energy facilities.

TikTok will invest more than $37 billion to build a large scale data facility in northeastern Brazil, a move company officials said will deepen its presence in one of the world’s fastest growing digital markets.  The planned TikTok Brazil data center, announced Wednesday, will be developed in Ceará near the industrial port of Pecém and … Read more

Eutelsat shares fall after SoftBank cuts stake amid Europe’s satellite ambitions

Eutelsat shares fall after SoftBank cuts stake as European satellite operator faces pressure against Starlink.

Eutelsat shares dropped sharply Wednesday after a report that SoftBank reduced its holdings in the French satellite operator, underscoring growing uncertainty around Europe’s efforts to compete with Elon Musk’s Starlink in the fast expanding satellite broadband market.  The Reuters report indicated SoftBank sold thirty six million rights, equal to about twenty six million shares, leaving … Read more

Taiwan charges Tokyo Electron unit over TSMC trade secrets theft

Taiwan Indicts Tokyo Electron Over TSMC Trade Secrets

Taipei, Taiwan — Taiwan prosecutors charged Tokyo Electron’s Taiwan unit on Tuesday with violating the National Security Act and the Trade Secrets Act, marking the first corporate indictment under the nation’s national security law related to the alleged theft of critical technology trade secrets from semiconductor giant TSMC (2330.TW). The indictment follows the August prosecution … Read more

Samsung multi folding phone unveiled as brand launches first Galaxy Z TriFold amid rising competition

Samsung multi folding phone Galaxy Z TriFold displayed open on a desk showing its 10-inch screen and tri-hinge design

SEOUL — Samsung Electronics unveiled its first Samsung multi folding phone on Monday as the company accelerates efforts to defend its early lead in the foldable smartphone market against rapidly advancing Chinese competitors.  The device, called the Galaxy Z TriFold, will debut in South Korea on Dec. 12 before expanding to several global markets. The … Read more

Coupang data breach prompts police investigation after leak of 33 million customer records

Coupang data breach affects over 33 million South Korean customers’ personal information

SEOUL — South Korean police on Monday said they have begun a formal investigation into what may be the worst customer data leak in the country’s history, after over 33 million users of Coupang had their personal information exposed.  Authorities are tracing IP addresses and probing possible technical vulnerabilities as they seek to confirm how the … Read more

South Korea investigates Coupang data breach affecting 33.7 million customers

Coupang data breach affects over 33 million South Korean customers’ personal information

South Korea’s largest e-commerce company, Coupang, apologised Sunday after a massive Coupang data breach exposed the personal information of more than thirty three million users, prompting regulatory scrutiny and widespread concern among consumers. The company said the leak involved names, email addresses, phone numbers and shipping details, though payment data and login credentials were not … Read more

FBI warns smartphone users Stop answering dangerous calls immediately

FBI warns smartphone users Stop answering dangerous calls immediately

The Federal Bureau of Investigation has issued a new warning to smartphone users nationwide as cyber criminals increasingly target citizens with fraudulent calls.  Officials said the attacks, which often involve impersonating financial institutions or government agencies, have already resulted in more than $262 million in stolen funds this year, with risks expected to rise during … Read more

Flights returning to normal after Airbus warning grounded planes amid global disruption

Airbus A320 aircraft parked on an airport tarmac as flights returning to normal after Airbus warning grounded planes, with technicians completing software updates

Flights across several continents began returning to normal on Saturday after an Airbus warning grounded planes for hours, disrupting thousands of passengers during one of the busiest travel periods of the year.  Airlines and transport officials said a rapid global push to install software updates helped restore most Airbus A320 family aircraft to service by … Read more

Airbus planes grounded worldwide after solar radiation disrupts flights

Airbus A320 aircraft parked on an airport tarmac as flights returning to normal after Airbus warning grounded planes, with technicians completing software updates

Thousands of flights were disrupted this weekend after Airbus moved to ground a large portion of its fleet when it discovered that intense solar radiation could interfere with onboard flight control computers.  The policy led to what officials described as one of the largest groundings in commercial aviation history. Airbus said it identified the problem … Read more