The rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term, Michael Hsu, Acting Comptroller of the Currency, a major U.S. bank regulator, warned on Wednesday. “I believe fintechs and big techs are having a large impact and warrant much more Read more…
In a new study, published Monday in the journal npj Flexible Electronics, an international team of researchers revealed it has engineered a system to remotely control the legs of cockroaches from afar. The system, which is basically a cockroach backpack wired into the creature’s nervous system, has a power output Read more…
Leading foundry operators stand to benefit from a 25 percent investment tax credit (ITC) on domestic fab projects, according to a document published by the US Department of Commerce this week. The document [PDF] sheds new light on the department’s plans for divvying up the more than $50 billion CHIPS Read more…
Beijing this week accused the United States of launching “tens of thousands” of cyberattacks on China and pilfering troves of sensitive data, including from a public research university. Washington has accused Beijing of cyberattacks against US businesses and government agencies, one of the issues over which ties between the two Read more…
In 2021, 9% of the world’s auto sales were electric vehicles, reports CNBC (citing statistics from the International Energy Agency). Yet CNBC also notes that electric vehicles “require 30% fewer parts and components manufacturing than conventional cars,” according to researchers for an Industrial Heartland case study.” So will that create Read more…
A surprise from the Associated Press. The head of America’s Environment Protection Agency “said Friday that advanced nuclear technology will be ‘critical’ for both the United States and Japan as they step up cooperation to meet decarbonization goals.” Michael Regan, after holding talks with his Japanese counterpart Akihiro Nishimura in Read more…
“Across the United States, parents are increasingly buying Apple Watches and strapping them onto the wrists of children as young as 5,” reports the New York Times: The goal: to use the devices as a stopgap cellphone for the kids. With the watch’s cellular abilities, parents can use it to Read more…