09/11/2021

Internet

Facebook whistleblower fears the metaverse

Facebook whistleblower Frances Haugen warned Tuesday that the "metaverse," the all-encompassing virtual reality world at the heart of the social media giant's growth strategy, will be addictive and rob people of yet more ...

Electronics & Semiconductors

Chip maker TSMC, Sony partner on new $7 bn plant in Japan

Taiwanese chip giant TSMC will partner with Sony on a new $7 billion plant in Japan, the firms announced Tuesday, as an ongoing global semiconductor shortage squeezes the production of everything from cars to TVs and gaming ...

Automotive

Australia announces policy to boost electric car sales

Australia's prime minister on Tuesday announced plans to encourage people to buy electric vehicles weeks after his government was accused at a U.N. conference in Scotland of being a laggard in fighting climate change.

Business

Japan's Toshiba to split into three firms

Storied Japanese conglomerate Toshiba will split into three companies, it said Friday, following a campaign by investors to boost the firm's shares after a period of enormous upheaval.

Automotive

Nissan triples profit forecast despite chip crunch

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the chip crunch and rising ...

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