This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Alibaba is one the biggest players in China's tech industry. Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed. The Hangzhou-based company is one of the biggest players in China's tech indust ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: US e-commerce giant Amazon's investment could create up to 3,000 jobs, said the Elysee. US e-commerce giant Amazon will invest more than 1.2 billion euros in France, creating more than 3,000 jobs, French President Emmanuel Macron's office said on Sunday. The money will help develop Amazon Web Services' (AWS) cloud infrastructu ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Armand Valendez from Pexels Unionized workers at a Maryland Apple store voted on Saturday to authorize a strike, which would mark the first such labor action against the retailer in the United States if it goes forward. Employees at the Apple store in the town of Towson, outside of Baltimore, voted to unionize in 2022— ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: This Boeing 737 MAX 9 airplane of Alaska Airlines lost a side panel during a flight on January 5, 2024. The US Federal Aviation Administration, sharply criticized after the crashes of two Boeing planes in 2018 and 2019, is again being dragged into a maelstrom surrounding the major American aerospace manufacturer. The dramatic ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A Tesla Supercharger station in Petaluma, California. Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company. "Just to reiterate: Tesla will spend well over $500M expandin ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Amazon.com Inc. merchants have found themselves caught in an economic vice. Earlier this year, the e-commerce giant rolled out changes to the fees its charges them—essentially shifting more of its operating costs onto the small businesses that account for most of the products sold on the site. ...

Core Insights - TSMC reported a significant revenue increase of nearly 60% year-on-year for April, driven by high demand for advanced semiconductors used in AI hardware [1] - The company controls over 50% of the global semiconductor market and supplies chips for major tech companies, including Apple and Nvidia [1] - TSMC's consolidated revenue for April reached approximately NT$236.02 billion (US$7.2 billion), marking a 59.6% increase from April 2023 [1] Financial Performance - In the first quarter, TSMC's revenue rose 13% year-on-year to US$18.87 billion, with expectations of a 27.6% increase in the second quarter [2] - The demand for chips has surged globally due to the success of AI applications like OpenAI's ChatGPT [2] Geopolitical Context - TSMC's operations are primarily based in Taiwan, which faces geopolitical tensions with China, raising concerns about the stability of the semiconductor supply chain [2] - The U.S. has emphasized the importance of TSMC, with 92% of its leading-edge chips sourced from the company in Taiwan [4] U.S. Expansion Plans - TSMC announced plans for a third factory in the U.S., increasing its total investment in the country to US$65 billion [5] - The company has faced challenges in its U.S. projects due to a shortage of skilled labor necessary for chip manufacturing [5] - TSMC also launched an US$8.6 billion plant in Japan, indicating a strategic move to diversify production locations [5] Natural Disaster Impact - A recent earthquake in Taiwan prompted TSMC to reassure customers about minimal disruption to production [6]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Apple said it won't air the iPad 'Crush' ad on television as planned. Apple apologized on Thursday after an ad for its latest-edition iPad caused an uproar for showing an industrial press crushing objects linked to human creativity, infuriating artists. Social media users immediately criticized the ad, which was posted on X by ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain The sudden closure of several video-game studios at Microsoft Corp.'s Xbox division was the result of a widespread cost-cutting initiative that still isn't finished. Xbox has begun offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax, which it purc ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: People try out iPhone products at an Apple Store in Beijing, Sept. 28, 2021. A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital s ...