Sanan raises CNY7.9 billion for capacity ramps
Sanan Optoelectronics, the largest China-based LED epitaxial wafer and chip maker, has raised a total of CNY7.9 billion (US$1.13 billion) and will utilize the proceeds to accelerate its miniLED and microLED chip output ramp-up......»»
The promise of summer wheat in Zimbabwe
Africa currently imports around 40 million tons of wheat annually at a staggering cost of $15 billion. Most African countries rely heavily on wheat imports, with some importing up to 100% of their supply. However, countries like Ethiopia and Zimbabwe.....»»
Stellantis, UAW back at odds over future of idled Belvidere plant
The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby......»»
Boeing risks losing billions as 33,000 workers vote to strike
Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
Denso goes workerless under new factory concept for Toyota Group
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»
P0 Security raises $15 million to govern and secure cloud access for all identities
P0 Security announced the closing of its $15 million Series A round, bringing its total raised since inception to $20 million. The investment was led by SYN Ventures with participation from Zscaler, the leader in cloud security, and existing investor.....»»
AWS is spending £8 billion to boost its UK cloud business
AWS UK expansion could support up to 14,000 jobs annually......»»
Apple must pay €13 billion in back taxes after losing final appeal
EU's top court also upholds €2.4 billion antitrust fine against Google. Enlarge (credit: Getty Images | SOPA Images ) Apple has suffered a significant defeat after the EU’s top court ruled that the iPhone maker must.....»»
Electrically modulated light antenna points the way to faster computer chips
Today's computers reach their physical limits when it comes to speed. Semiconductor components usually operate at a maximum usable frequency of a few gigahertz—which corresponds to several billion computing operations per second......»»
The moon had surprisingly recent volcanic activity, samples from Chinese space mission confirm
Volcanoes were erupting on the moon as recently as 120 million years ago, evidence collected by a Chinese spacecraft suggests. Until the last few years, scientists had thought volcanic activity ended on the moon around 2 billion years ago......»»
Plasmonic modulators could enable high-capacity space communication
Researchers have achieved data rates as high as 424Gbit/s across a 53-km turbulent free-space optical link using plasmonic modulators—devices that use special light waves called surface plasmon polaritons to control and change optical signals. The.....»»
Witness 1.8 billion years of tectonic plates dance across Earth"s surface in a new animation
Using information from inside the rocks on Earth's surface, we have reconstructed the plate tectonics of the planet over the last 1.8 billion years......»»
After another Boeing letdown, NASA isn’t ready to buy more Starliner missions
Boeing could earn nearly $2 billion more from NASA if it fully executes on the Starliner contract. Enlarge / Boeing's Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket before liftoff in June to begin the Crew.....»»
NASA"s Hubble, MAVEN help solve the mystery of Mars"s escaping water
Mars was once a very wet planet, as is evident in its surface geological features. Scientists know that over the last 3 billion years, at least some water went deep underground, but what happened to the rest? Now, NASA's Hubble Space Telescope and MA.....»»
New mRNA and gene editing tools offer hope for dengue virus treatment
Dengue virus, a painful and sometimes fatal mosquito-borne infection well known in tropical countries, is surging rapidly across the planet. Now, 4 billion people live in places at risk for the disease, like the southeastern United States, which does.....»»
Verizon to buy Frontier for $9.6 billion, says it will expand fiber network
Verizon once sold part of its network to Frontier; now it's buying the company. Enlarge / A Verizon FiOS truck in Manhattan on September 15, 2017. (credit: Getty Images | Smith Collection | Gado) Verizon today announce.....»»
Sutskever strikes AI gold with billion-dollar backing for superintelligent AI
Top venture firms back SSI to develop "safe" AI with teams in Palo Alto and Tel Aviv. Enlarge / Ilya Sutskever, OpenAI Chief Scientist, speaks at Tel Aviv University on June 5, 2023. (credit: JACK GUEZ via Getty Images).....»»
Two billion termites in two weeks: How Amur falcons cross the Arabian Sea
One million Amur falcons (Falco amurensis) can consume two billion termites in just over fifteen days. This is according to a paper published in the Journal of Raptor Research. These numbers are big, and the conclusions are even bigger—Northeast In.....»»
Audit warns costs for NASA"s new Artemis launcher could balloon to $2.7 billion
NASA's second mobile launcher needed for future missions in the Artemis program is already years late and millions over budget, and NASA's Office of the Inspector General warns it could get even worse......»»