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U.S. economy grew 33.1% in Q3 11/26/2020
But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a double-dip recession.
RadioShack attempts to come back as an online store 11/26/2020
Entrepreneur investors Alex Mehr and Tai Lopez plan to make RadioShack competitive again, this time online, rather than on street corners or in malls.
U.S. durable goods order up 1.3% 11/26/2020
The strength in October came primarily from the volatile category of defense orders, with demand for military aircraft surging by 79.1%.
Tennessee approved $35 million incentives for GM to retain 2,000 employees 11/26/2020
According to GM, the company will build the Cadillac Lyriq, a small electric SUV, at the factory. Gasoline-powered Cadillac SUVs will continue to be built at the plant. The company has said that it will also get additional unspecified electric vehicles.
Taiwan to build their own submarine 11/25/2020
“This submarine is an important part of allowing our navy to develop asymmetric warfare and to intimidate and block enemy ships from surrounding Taiwan’s main island,” said President Tsai Ing-wen.
Contact tracing technology is a way to keep manufacturing workplace safe 11/25/2020
By harnessing indoor intelligence technology, organizations can power solutions for contact tracing, social distancing and targeted cleaning to protect employees and visitors. In many cases, the existing network infrastructure can be leveraged to deploy solutions quickly.
Vaccination required for flying International 11/25/2020
In Australia, the boss of Qantas, the country's largest airline, said that once a virus vaccine becomes widely available, his carrier will likely require passengers use it before they can travel abroad or land in Australia.
U.K. technolgy company to build clean energy plant in West Virginia 11/25/2020
State and company officials said the multimillion dollar production facility will be able to use coal, once the state's economic driver, and other organic materials to make “clean, sustainable energy storage products.”
TSMC to build new facilities at its 12-inch fab in Nanjing 11/24/2020
Monthly capacity at TSMC's Nanjing fab has come to 20,000 wafers, which is in line with the foundry's target set previously, the report indicated. The fab is engaged in the manufacture of chips using the foundry's 12nm and 16nm FinFET process technologies.
Trade talk between U.K. and E.U. delayed 11/24/2020
The talks were shifted to a videoconference last week when an EU official tested positive for the coronavirus, forcing Barnier into a quarantine until at least Thursday. Both sides have indicated that to reach an agreement on key issues the negotiators need to meet in person.
On coming vaccine from AstraZeneca is effective and cheap 11/24/2020
AstraZeneca's vaccine was up to 90% effective, giving public health officials hope they may soon have access to a vaccine that is cheaper and easier to distribute than some of its rivals.
Amazon axed numerous employees at its drone division 11/24/2020
Amazon will expand its partnerships with 3rd party manufacturers to help produce components for the company’s drones. These include, currently, Austria's FACC Aerospace and Spain's Aernnova Aerospace, though Amazon says it’s requesting proposals from other suppliers as well.
China champions the world in filing patents 11/23/2020
Huawei Technologies filed 8,607 wireless patents in the January to October period, ahead of US chip maker Qualcomm with 5,807 patents, according to a report released on Thursday by Beijing-based database provider incoPat, which ranked the top 100 companies. Chinese smartphone vendor Oppo was in third place with 5,353 patents.
Lisa Su received the Robert N. Noyce Award 11/23/2020
The SIA presents the Noyce Award annually in recognition of a leader who has made outstanding contributions to the semiconductor industry in technology or public policy.
Toshiba said it has "no definitive decision." to sell fab 11/23/2020
Toshiba announced previously plans to dissolve its system LSI business, with an estimated 770 employees set to be affected. Toshiba is reportedly negotiating the sale of subsidiary Japan Semiconductor's Iwate and Oita Operations to UMC.
GM has breakthrough battery technology to bring EV prices to gasoline car level 11/23/2020
The company’s product development chief promised a small electric SUV that will cost less than $30,000 and pledged to roll out 30 battery-powered models worldwide by 2025. Nearly all current electric vehicles cost more than $30,000.
Trend Force says Foundry revenue to increase 23.8% in 2020 11/20/2020
TrendForce believes that demand for TSMC’s 5nm process technology will remain relatively strong and stable, and the 2H22 mass production of the 3nm process will further increase TSMC’s market share.
Latest surge of pandemic help researchers to get sufficient data for vaccine test 11/20/2020
research was slowed by low infection rates over the summer, but the Phase III trials are now accumulating the data needed to report results as a renewed surge of the pandemic hits countries around the world. Oxford is developing its vaccine in conjunction with the drugmaker AstraZeneca.
Apple to pay $113 million for iPhone battery settlement 11/20/2020
Apple alleged to have duped consumers by deliberately slowing down older iPhones to help extend the life of their batteries and thus to gain more sales on new iPhone models.
National Association of Manufacturers urge Trump to work with Biden in transition 11/20/2020
“The next two months are critical to our nation’s ability to successfully deal with twin crises: controlling the spread of COVID-19 and rebuilding the U.S. economy. Manufacturers have been on the front lines throughout this pandemic—producing protective equipment, stabilizing the food supply, encouraging safe practices and developing vaccines and treatments.
U.K.'s ban on gasoline cars will create new classes of energy jobs 11/19/2020
The government said a "green industrial revolution" could create up to 250,000 jobs in energy, transport and technology.
Former Raytheon engineer get 38 months for selling classified technology 11/19/2020
From December 2018 to January 2019, Sun traveled to China on a personal trip and brought along unclassified defense-related technical information in his company-issued computer.
Pfizer to trial cold storage vaccine delivery in Texas, Rhode Island, New Mexico and Tennessee 11/19/2020
Pfizer has selected Texas, Rhode Island, New Mexico and Tennessee based on their size, diversity, immunization infrastructure, and need to reach rural and urban citizens alike.
Boeing Max 737 clear to fly again 11/19/2020
Federal Aviation Administration chief Stephen Dickson signed an order Wednesday rescinding the grounding. U.S. airlines will be able to fly the Max once Boeing updates critical software and computers on each plane and pilots receive training in flight simulators.
Amazon pharmacy officially opened 11/18/2020
The potential impact of Amazon's arrival in the pharmaceutical space rippled through that sector immediately. Before the opening bell, shares of CVS Health Corp. fell almost 9%. Walgreens and Rite Aid both tumbled more than 10%.
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