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In the 1980s, Japan was the dominant player in the semiconductor market. But huge shifts in the way the chip supply chain operated eroded that leading-edge.Countries like Taiwan with TSMC, the world’s largest and most advanced semiconductor manufacturer, began to dominate in the production of chips. The U.S. is key in areas like design. While the Netherlands has ASML, a company that makes tools required to manufacture cutting-edge chips.Japan is now on a drive to revitalize its semiconductor industry.Tokyo has unlocked billions of dollars of subsidies for the sector. At the heart of its revival efforts is Rapidus Corporation, a…

Elon Musk’s interview of Republican presidential candidate Donald Trump was marred by technical issues that the tech billionaire blamed on a cyber attack. The lengthy conversation, which Mr Musk said was aimed at “open-minded independent voters”, began more than 40 minutes late as many users struggled to gain access. Mr Musk, who owns X, formerly Twitter, said a distributed denial of services (DDoS) attack “saturated all of our data lines”.Near the end of the two-hour conversation, he doubled down on his endorsement of Trump and called on moderate voters to back the Republican’s campaign. “Here’s to an exciting, inspiring future…

Play video content X Elon Musk and Donald Trump are finally chopping it up … the former president is doing a live interview on Elon’s social media platform, X, after a rough start to the much-ballyhooed event … and they’re focusing on illegal immigration and the assassination attempt. Trump got a huge laugh out of Elon when he said … “Illegal immigration saved my life.” Play video content 7/13/24 The former president was talking about how a chart on illegal immigration led to him turning his head ever so slightly at his July 13 rally in Butler, PA … moving…

Cloud banking software provider maintains steady growth in consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders. Inman Connect is moving from Las Vegas to San Diego in 2025 and it’ll be bigger, better, and bolder than ever before. Join us for Inman Connect San Diego on July 30-Aug. 1, 2025 with the brightest minds in real estate to shape the future of the industry. Reserve your spot today for an exclusive discount. Cloud banking software provider Blend Labs Inc. managed to grow both its mortgage and consumer banking businesses…

Officials are investigating potential causes of a plane crash that killed 62 people near São Paulo. Using videos and other clues, aviation experts have formed theories. Source link

Rachel Fuda will soon be a mom of four!The Real Housewives of New Jersey star made the reveal during Sunday’s unconventional reunion, subtitled Off the Rails, that she and her husband, John, were expecting their fourth child. The pair previously welcomed daughters Gianella and Guiliana together, while Rachel adopted John’s teen son, Jaiden, from a previous relationship.”Jaiden was actually funny,” Rachel shares to ET, speaking of her son’s reaction to the family expanding. “We sat down, and I’m like, ‘We have to talk to you…’ and I filmed the whole thing, and it was like the biggest womp, womp, womp! He’s like, ‘I knew…

California-based HighTechLending, a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers. One of the ways the company aims to continue making a name for itself in the space is by taking a “boutique” approach to its customer service and partner relationships. The company doesn’t want to change the overarching experiences that partners have come to expect, but the rebrand will help to further emphasize a focus on serving older…

Elon Musk (L) and Donald Trump (R).David Swanson | Vincent Alban | ReutersElon Musk’s much-hyped interview of former President Donald Trump on the social media platform X was quickly derailed by technical glitches in the first minutes of the scheduled start time on Monday evening.Social media users trying to log on to the event, which was scheduled to begin at 8 p.m. ET, reported that they could not join X’s livestream platform.Shortly after 8:20 p.m., Musk, the billionaire Tesla and SpaceX CEO, blamed a cyberattack for the freezing screens. He said that the company had tested the system with 8…

UN Secretary-General Antonio Guterres urges reform, says the African continent is underrepresented in a changing world.The United Nations chief has called for the UN Security Council (UNSC) to reform its outdated structure and assign Africa a permanent seat at the table, stressing that the continent is underrepresented. Addressing the council on Monday during a high-level debate, Secretary-General Antonio Guterres said the composition of the UNSC has failed to keep pace with a changing world. “We cannot accept that the world’s preeminent peace and security body lacks a permanent voice for a continent of well over a billion people … nor…

Is a Carrie Underwood divorce going down? From Carrie Underwood’s storied music career to her nasty accident a few years ago, the Country singer has fame and fans to spare. She also has a husband, Mike Fisher. However, some wonder if they’ll have each other for much longer. Carrie Underwood and Mike Fisher attend the 2022 CMT Music Awards at Nashville Municipal Auditorium on April 11, 2022. (Photo Credit: Mike Coppola/Getty Images) What could lead to a Mike Fisher and Carrie Underwood divorce? Earlier this summer, Carrie Underwood performed in Hawai’i in a concert. This was a work trip, but…