Intel to inject up to €80bn into its chip making capabilities amid drought September 8, 2021 Technology heavyweight Intel is looking to invest as much as €80bn into shifting its focus onto bolstering its chip making capacity, amid a global shortage. Semi-conductor chip supplies, which are used in a wide variety of electrical products, have dwindled during the pandemic. But Intel’s boss, Pat Gelsinger, said the company is due to announce [...]
UK chip maker takeover by Chinese firm halted on ‘national security grounds’ September 7, 2021 The merger between UK-based chip maker Perpetuus Group China’s Taurus International has been halted by the business secretary on “national security grounds”. Business secretary Kwasi Kwarteng on Sunday issued a public interest intervention notice to intervene in the proposed acquisition. The Competition and Markets Authority is now set to form a report into the transaction [...]
US Nvidia’s $54bn UK Arm buyout faces EU competition concerns September 7, 2021 European Union officials have reportedly voiced competition concerns over US tech giant Nvidia’s purchase of UK chip design company Arm, in the deal’s latest wave of opposition. The Competition and Markets Authority (CMA) echoed the EU’s sentiment last month, saying the sale raises “serious competition concerns.” The California-based company is preparing to file for regulatory [...]
World’s first roboworms: Glasgow scientists develop stretchy robot worms September 6, 2021 UK scientists have developed stretchy wormlike robots inspired by the movements of worms which could be used in the fields of industry and prosthetics. A team of engineers from the University of Glasgow say the “roboworms” can stretch up to nine times their own length and are capable of a form of proprioception, the method [...]
Chinese chip making giant plans new $8bn plant to bolster local supply September 3, 2021 One of China’s top chip manufacturers is looking to bolster its factory network with a new $8.87bn plant near Shanghai, while the world squabbles over a reduced supply. The billion-dollar investment signals China’s attempts to build a leading semi-conductor industry, amid a global shortage that has been stoked by the pandemic. The facility will focus [...]
Exclusive: Lawyer warns tech savvy teens could leave Children’s Code efforts futile September 3, 2021 Following a twelve-month grace period, the Age Appropriate Design Code has now come into force. The UK’s new digital privacy regulation will compel social media companies, gaming platforms and video services to protect children’s data online and has been lauded by campaigners as one of the first successful pieces of digital media regulation. The Code’s [...]
Creaking Cairo cedes to new high-tech capital with smart cards and AI-driven apps September 3, 2021 Egypt’s new administrative capital will be hi-tech. Residents will use smart cards and apps to get about, under the watchful eye of a far-reaching surveillance system. Watch the full report.
Global hiring spree: Amazon looking to recruit 55,000 people worldwide September 2, 2021 Amazon confirmed this afternoon it is planning another hiring spree, saying it looks to recruit 55,000 people around the world. The positions range from tech jobs to corporate roles to warehouse work packing and shipping orders for the online shopping giant. While other companies have laid off workers during the pandemic, Amazon’s workforce has ballooned [...]
Protesters with inflatable breasts gather outside Facebook’s London office over nipple images September 1, 2021 Protesters with inflatable breasts have gathered outside the London offices of Facebook to voice concerns about how the social network moderates some images containing nipples. The group has said its aim is to enable medical tattoo artists and breast cancer survivors to freely post images of their experience and areola or nipple tattoos, which they [...]
QuickBooks owner Intuit in early talks for $10bn Mailchimp buyout September 1, 2021 Software developer Intuit, the firm behind TurboTax and QuickBooks, has reportedly entered talks with Mailchimp for a $10bn buyout. The deal’s discussions are still in their early stages, Bloomberg first reported, citing people familiar with the matter. There is room for the potential deal to fall through, or alternatively, a rival bidder may emerge for email [...]