TECHNOLOGY

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip maker, plans to build a third chip factory in Arizona after receiving $6.6 billion in grants and $5 billion in loans through US government subsidies. This is part of a massive effort led by the Biden administration to make America's semiconductor manufacturing industry great again. 

"Today, we continue building on that historic progress, with the Department of Commerce announcing a (more…)

Authored by Timothy S. Goeglein via The Epoch Times (emphasis ours),

On Jan. 31, a groundbreaking hearing was held on Capitol Hill as the CEOs of five major social media platforms were called to testify (three only after having to be forced by subpoena) about the alleged harm—sometimes fatal—they have inflicted on America’s youth.

In this photo illustration, a teenager uses her mobile phone to access social media in New York on Jan. 31, 2024. (Spencer Platt/Getty Images (more…)

Via Goehring & Rozencwajg,

Starting mid-point last decade, the investment community became convinced EV adoption would quickly surge.  EV penetrations would become so great that global oil consumption would imminently peak, or so consensus opinion widely believed.   2019 was repeatedly referenced as the year that oil demand would peak and then decline. In retrospect, these concerns were misplaced. Despite the massive COVID-19 disruption,  oil demand in 2024  should reach 103 m (more…)