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Became a member of SHOCK.THE.SYSTEM. on 12-05-2024.
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AMD CEO Sees Chips From TSMC's US Plant Costing 5%-20% More
AMD CEO Lisa Su said that chips produced at TSMC's new Arizona plant will cost 5-20% more than those made in Taiwan, but emphasized that the premium is worth it for supply chain resilience. Bloomberg reports: AMD expects its first chips from TSMC's Arizona facilities by the end of the year, Su said....
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Scientists Are Developing Artificial Blood That Could Save Lives In Emergencies
Scientists at the University of Maryland are developing ErythroMer, a freeze-dried artificial blood substitute made from hemoglobin encased in fat bubbles, designed to be shelf-stable for years and reconstituted with water in emergencies. With promising animal trial results and significant funding f...
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UK Student Jailed For Selling Phishing Kits Linked To $135M of Fraud
A 21-year-old student who designed and distributed online kits linked to $175 million worth of fraud has been jailed for seven years. From a report: Ollie Holman created phishing kits that mimicked government, bank and charity websites so that criminals could harvest victims' personal information to...
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Intel Will Shed 24,000 Employees This Year, Retreat In Germany, Poland, Costa Rica, and Ohio
Intel announced it will cut approximately 24,000 jobs in 2025 and cancel or scale back projects in Germany, Poland, Costa Rica, and Ohio as part of CEO Lip-Bu Tan's sweeping restructuring efforts. By the end of the year, the struggling chipmaker plans to have "just around 75,000 'core employees' in ...
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Microsoft CEO Addresses 'Enigma' of Layoffs
Microsoft CEO Satya Nadella addressed growing internal unease at the company Thursday morning in a company-wide memo that acknowledged the "uncertainty and seeming incongruence" of conducting layoffs while achieving record profits and AI investments. The tech giant has eliminated more than 15,000 po...
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