Taiwan Semiconductor Manufacturing Co. ’s chips are everywhere, though most consumers don’t know it.
The company makes almost all of the world’s most sophisticated chips, and many of the simpler ones, too. They’re in billions of products with built-in electronics, including iPhones, personal computers and cars—all without any obvious sign they came from TSMC, which does the manufacturing for better-known companies that design them, like Apple Inc. and Qualcomm Inc.
TSMC has emerged over the past several years as the world’s most important semiconductor company, with enormous influence over the global economy. With a market cap of around $550 billion, it ranks as the world’s 11th most valuable company.
WARREN, Mich. – Starting today, General Motors Co. (NYSE: GM) is gathering hundreds of employees, dealers, investors, analysts, media and policymakers to share details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.
“Our team accepted the challenge to transform product development at GM and position our company for an all-electric future,” said Mary Barra, GM chairman and CEO. “What we have done is build a multi-brand, multi-segment EV strategy with economies of scale that rival our full-size truck business with much less complexity and even more flexibility.”
The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. They will allow the company to compete for nearly every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine.
After a decade of design and fabrication, General Atomics is ready to ship the first module of the Central Solenoid, the world’s most powerful magnet. It will become a central component of ITER, a machine that replicates the fusion power of the Sun. ITER is being built in southern France by 35 partner countries.
ITER’s mission is to prove energy from hydrogen fusion can be created and controlled on earth. Fusion energy is carbon-free, safe, and economic. The materials to power society with hydrogen fusion for millions of years are readily abundant.
Despite the challenges of Covid-19, ITER is almost 75 percent built. For the past 15 months, massive first-of-a-kind components have begun to arrive in France from three continents. When assembled together, they will make up the ITER Tokamak, a “sun on earth” to demonstrate fusion at industrial scale.
When you put these three factors together—the bounty of technological advances, the compressed restructuring timetable due to covid-19, and an economy finally running at full capacity—the ingredients are in place for a productivity boom. This will not only boost living standards directly, but also frees up resources for a more ambitious policy agenda.
AI and other digital technologies have been surprisingly slow to improve economic growth. But that could be about to change.
Because it was, 62 years ago, the first fully reusable space vehicle, two stages, both reusable. The same concept of Virgin Galactic SpaceShipTwo.
X15 made 200 flights at suborbital altitude, 100 km.
Of course X15 was a military spaceplane, nothing like a civilian passengers transportation vehicle, yet the concept is important.
The first project of the Space Shuttle (Krafft Ehricke, early 70’s) was based on the same concept. But then such project was abandoned, in favor of a partially reusable machine, realized in 5 unic pieces.
We could have reusable launch vehicles since 40 years, at least.
Civilization could be well on its way of expansion in the solar system: Earth orbit industries, cislunar economy, asteroid materials use, producing fuel in space… topics for an ucronian novel?
Health, Equity, And Economic Growth — Dr. Helene Gayle, MD, MPH, President and CEO, The Chicago Community Trust.
Dr. Helene D. Gayle, MD, MPH, is President and CEO of The Chicago Community Trust (CCT), one of the nation’s oldest and largest community foundations, and under her leadership, CCT has adopted a new strategic focus on closing the racial and ethnic wealth gap in the Chicago region.
An expert on global development, humanitarian, and health issues, for almost a decade, Dr. Gayle was president and CEO of CARE, a leading international humanitarian organization, and prior to that spent 20 years with the U.S. Centers for Disease Control, working primarily on HIV/AIDS. She also worked at the Bill & Melinda Gates Foundation, directing programs on HIV/AIDS and other global health issues.
Dr. Gayle serves on public company and nonprofit boards, including The Coca-Cola Company, Organon, Palo Alto Networks, Brookings Institution, Center for Strategic and International Studies, New America, ONE Campaign, Federal Reserve Bank of Chicago, and Economic Club of Chicago. She is a member of the American Academy of Arts and Sciences, Council on Foreign Relations, American Public Health Association, National Academy of Medicine, National Medical Association, and American Academy of Pediatrics.
Dr. Gayle was awarded the Chicago Mayor’s Medal of Honor for her work on COVID relief and recovery for the city. Named one of Forbes’ “100 Most Powerful Women” and one of Non Profit Times’ “Power and Influence Top 50,” she has authored numerous articles on global and domestic public health issues, poverty alleviation, gender equality, and social justice.
China’s economy is facing several risks: an aging population, less working-age people, and rising wages. So how is the country responding to these threats? A big part of the answer is automation. From factories to warehouses, several industries are pushing to automate more of their workforce. CNBC’s Arjun Kharpal spoke to China’s largest retailer, JD.com about its new smart logistics center, and examined what comes next for the world’s second largest economy. –
Space weaponization is on the rise between the 3 super powers. This is dangerous and it could lead to the Stone Age.
HELSINKI — Russia and China have formally invited countries and international organizations to join the International Lunar Research Station (ILRS) project being developed by the two nations.
China National Space Administration (CNSA) and Russia’s Roscosmos said the ILRS project would be open to participation at all stages and levels. This includes planning, design, research, development, implementation and operations.
CNSA and Roscosmos will promote extensive cooperation for the development of human space science and technology and socio-economic progress, said CNSA deputy director Wu Yanhua.
Amazon founder Jeff Bezos is officially stepping down from his role as the company’s CEO on July 5. CBSN tech reporter Dan Patterson joins CBSN to discuss the billionaire’s impact on the U.S. economy, politics and more.
CBSN is CBS News’ 24/7 digital streaming news service featuring live, anchored coverage available for free across all platforms. Launched in November 2014, the service is a premier destination for breaking news and original storytelling from the deep bench of CBS News correspondents and reporters. CBSN features the top stories of the day as well as deep dives into key issues facing the nation and the world. CBSN has also expanded to launch local news streaming services in major markets across the country. CBSN is currently available on CBSNews.com and the CBS News app across more than 20 platforms, as well as the Paramount+ subscription service.
A first-in-human, Phase 1 trial assessing the safety and immunogenicity of an investigational nanoparticle influenza vaccine designed to provide long-lasting protection against multiple flu virus strains has begun at the National Institutes of Health Clinical Center in Bethesda, Maryland. Healthy participants 18 to 50 years old will receive either a licensed seasonal influenza vaccine or the experimental vaccine, FluMos-v1. Scientists from NIH’s National Institute of Allergy and Infectious Diseases (NIAID) developed FluMos-v1 to stimulate antibodies against multiple influenza virus strains by displaying part of the influenza virus hemagglutinin (HA) protein on self-assembling nanoparticle scaffolds. Alicia T. Widge, M.D., of NIAID’s Vaccine Research Center (VRC), is the principal investigator of the NIAID-sponsored single-site trial.
“The health and economic burdens of influenza are substantial, and the world badly needs improved flu vaccines,” said NIAID Director Anthony S. Fauci, M.D. “I am encouraged by the great promise of the VRC nanoparticle vaccine candidate, which so far has performed very well in pre-clinical testing.”
Standard influenza vaccines must be reformulated and administered annually to match changes in the HA protein in the viral strains predicted to dominate in the upcoming influenza season. If the vaccine is not well matched to dominant circulating virus strains, the antibodies elicited may provide sub-optimal protection. So-called universal influenza vaccines are being developed and tested by many research groups and could one day eliminate the need for annual vaccination by generating long-lasting antibodies to protect against many existing or emergent influenza virus strains, including those not represented in the vaccine.
