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Became A Member Of SHOCK.THE.SYSTEM.
Became a member of SHOCK.THE.SYSTEM. on 12-05-2024.
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US Targets China With Probe Into Semiconductor Industry
The Biden administration has launched a Section 301 investigation into China's semiconductor industry, citing concerns over non-market practices, supply chain dependencies, and national security risks. The Hill reports: In a fact sheet, the White House said China "routinely engages in non-market pol...
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Electric Aircraft Startup Lilium Ceases Operations, 1,000 Workers Laid Off
Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to gain financing and exit insolvency failed. From a report: Lilium co-founder and CEO Patrick Nathen confirm...
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Software Revenue Lags Despite Tech Giants' $292 Billion AI Spend
Silicon Valley is betting the farm on AI. Data centers are straining power grids. Model training costs are heading toward billions. Yet across the software industry, AI revenue remains theoretical. From a report: Hyperscalers -- combined with Meta and Oracle -- plan to spend $292 billion on AI infra...
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France Adds First New Nuclear Reactor to Its Grid Since 1999
Saturday France connected a new nuclear reactor to its grid "for the first time in a quarter century..." reports Bloomberg, "adding low-carbon electricity supply at a time when a sputtering economy has made demand sluggish."
The Flamanville-3 reactor — the first such addition since Civaux 2 wa...
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Drones Collide, Fall From Sky in Florida Light Show, Seriously Injuring 7-Year-Old Boy
"Drones collided, fell from the sky and hit a little boy after 'technical difficulties' during a holiday show..." reports the Orlando Sentinel.
They note that a press release from the city said the 8 p.m. show was then cancelled:
The company behind the drones, Sky Elements, was in its second yea...
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