EU Approves Subsidies for Diamond Foundry’s Spanish Wafer Factory, Targeting Production Launch Next Year

December 27, 2024 – The European Commission has approved an €81 million subsidy from the Spanish government for Diamond Foundry’s diamond wafer fabrication plant in Trujillo, western Spain, on the 16th local time. Diamond, praised by some as the “ultimate semiconductor material,” boasts exceptional material properties such as an ultra-wide bandgap, high carrier mobility, high…

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Instagram Edits Takes Aim at ByteDance’s CapCut with New Video Editor

April 23, 2025 – Instagram has officially launched Edits, a video editing app tailored specifically for content creators. This announcement comes just months after CapCut, a video editing tool from ByteDance (the parent company of TikTok), was temporarily removed from app stores following TikTok’s ban, though it has since been reinstated. Instagram’s development of Edits…

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