hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …
As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »
hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …
As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »
New York CNN Business — When Christine Martinez found out last month that Kroger and Albertsons were planning to merge in a deal worth nearly $25 billion, she thought, “here we go again.” Martinez lost her job as a pharmacy technician following an earlier supermarket mega-merger: Albertsons’ $9 billion combination with Safeway in 2014. That …
There’s a big problem with the Kroger-Albertsons supermarket merger | CNN Business Read More »
hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …
The chip war between the United States and China spills over into Europe | CNN Business Read More »
CNN Business — The dismissed employees of Twitter’s Africa headquarters accuse Twitter of “deliberately and recklessly flouting the laws of Ghana” and trying to “silence and intimidate them” after their dismissal. The team hired a lawyer and sent a letter to the company demanding it comply with the labor laws of the West African nation, …
CNN — Eight former SpaceX employees have filed labor law complaints, alleging Elon Musk’s space company unlawfully fired workers after he wrote a letter to company management asking them to publicly condemn the behavior. detrimental” from Musk on social media. The former workers allege that SpaceX terminated their employment for engaging in “concerted protected activities.” …
Former SpaceX employees file labor lawsuit | CNN Business Read More »
New York CNN Business — The fallout from the spectacular implosion of crypto giant FTX has set off a far-reaching cascade of effects: it has ensnared a number of celebrities who have endorsed the now bankrupt platform, and the financial contagion is spreads in the vast ecosystem of crypto and digital assets. On Wednesday, the …
