Today the game of license plate bingo has gotten incredibly complex.
Category: Society (Page 5 of 18)
Those disputing, contradicting, and confuting people are generally unfortunate in their affairs. They get victory, sometimes, but they never get good will, which would be of more use to them.
» Benjamin Franklin
- TSMC commits €3.5 billion to plant
- Germany to contribute up to €5 billion / EU approved
- Operational in 2027
Reuters »
The plant, which will be TSMC’s third outside of traditional manufacturing bases Taiwan and China, is central to Berlin’s ambition to foster the domestic semiconductor industry its car industry will need to remain globally competitive.
Reuters »
Taiwan chip maker TSMC’s €3.5 billion (US$3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan’s economy minister said on Wednesday, pitching the political benefits of the deal.
Bloomberg »
Dresden is a continuation down that path of working with clients to jointly own facilities, largely to supply the growing demand for components used in automobiles. TSMC will invest up to €3.5 billion ($3.8 billion) for a 70% share of newly formed European Semiconductor Manufacturing Co. Robert Bosch GmbH, Infineon Technologies AG and NXP Semiconductors NV each take 10%, and total capex is expected to be around $11 billion, with the money coming from equity, debt and German and EU funding.
Since its founding by Morris Chang more than three decades ago, TSMC eschewed equity partnerships in favor of maintaining full control over its operations, and thus its destiny. But the global winds have changed, and its new leaders, Chairman Mark Liu and Chief Executive Officer CC Wei, have had little choice but to adapt. TSMC’s balance sheet is solid, its cash flow is stable, and its credit rating is high. It doesn’t need clients nor governments to hand it money in order to pay for these new facilities.
The Register | NY Times | DigiTimes | Euronews | DW
Robert Reich explains the difference between fascism and authoritarianism.
- Rejecting democracy for a strongman
- Stoking rage against cultural elites
- Nationalism based on “superior” race
- Glorifying strength and warriors
- Disdain of women and LGBTQ+ people
Note: Clicking the above image will load and play the video from YouTube.
AP »
July’s global average temperature of 16.95 degrees Celsius (62.51 degrees Fahrenheit) was a third of a degree Celsius (six tenths of a degree Fahrenheit) higher than the previous record set in 2019, Copernicus Climate Change Service announced Tuesday. Normally global temperature records are broken by hundredths or a tenth of a degree, so this margin is unusual.
The United States is now at a record 15 different weather disasters that caused at least $1 billion in damage this year, the National Oceanic and Atmospheric Administration announced Tuesday. It’s the most mega-disasters through the first seven months of the year since the agency tracked such things starting in 1980, with the agency adjusting figures for inflation.
“These records have dire consequences for both people and the planet exposed to ever more frequent and intense extreme events,” said Copernicus deputy director Samantha Burgess. There have been deadly heat waves in the Southwestern United States and Mexico, Europe and Asia. Scientific quick studies put the blame on human-caused climate change from the burning of coal, oil and natural gas.
The decision could have wider European implications.
The regulator, Datatilsynet, had said on 17 July that the company would be fined if it did not address privacy breaches the regulator had identified.
Meta Platforms did not immediately reply to a request for comment.
Datatilsynet had said Meta cannot harvest user data in Norway, such as users’ physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to big tech.
It had until 4 August to prove to the regulator that it had addressed the issue.
Josh Marshall, Talking Points Memo »
He invokes the Declaration of Independence and says quite clearly that yes, we were trying to overthrow the government and argues that they were justified because of the sheer existential threat America was under because of the election of Joe Biden.
Jan 6th conspirators have spent more than two years claiming either that nothing really happened at all in the weeks leading up to January 6th or that it was just a peaceful protest that got a bit out of hand or that they were just making a good faith effort to follow the legal process. Eastman cuts through all of this and makes clear they were trying to overthrow (“abolish”) the government; they were justified in doing so; and the warrant for their actions is none other than the Declaration of Independence itself.
And they haven’t stopped trying, have they?