TikTok Divestiture Deadline Potentially Extended to 2025

April 11, 2024 – According to multiple media reports on April 10th local time, the chairman of the US Senate Commerce Committee revealed that senators are discussing an extension of the deadline for ByteDance to divest TikTok (the international version of Douyin) to one year. Previously, on March 13th, the US House of Representatives voted…

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Renowned Designer Jony Ive and OpenAI CEO Sam Altman Join Forces for AI Hardware Project

**September 27, 2023 -** In an unexpected collaboration, renowned designer Jony Ive, formerly Apple’s Chief Design Officer, is reportedly teaming up with OpenAI’s CEO Sam Altman to explore a groundbreaking “AI hardware” project. Ive, who left Apple in 2019 to establish his own design firm, LoveFrom, has continued to advise Apple until their collaboration came…

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Hungary Urges EU to Accelerate EV Transition, Opposes Tariffs on Chinese Imports

July 11, 2024 – Hungarian Minister of Economic Development, Naji Maton, announced at a press conference in Budapest on July 10th that Hungary has submitted a proposal to the European Union’s Competitiveness Council. The proposal outlines a comprehensive set of measures aimed at accelerating the European Union’s transition to electric vehicles. Maton emphasized the need…

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TSMC and Samsung Electronics Mull Large-Scale Wafer Fab Construction in UAE

September 23, 2024 – According to a report by the Wall Street Journal yesterday, both Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics have been exploring the possibility of building large-scale wafer fabs in the United Arab Emirates (UAE). The report indicates that the UAE is discussing an advanced semiconductor manufacturing complex, which could potentially…

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