TECHNOLOGY

Taiwan Semiconductor Manufacturing Company, the world's largest chip producer, has signaled the downturn in semiconductor demand could end and possibly bottom in 2024. 

On a conference call with investors on Thursday, TSMC Chief Executive C.C. Wei told Morgan Stanley's Charlie Chan, "As I said, we do observe some early signs of demand stabilization in PCs and smartphone end market. Those two segments are the biggest segments for TSMC's business."  (more…)

Authored by Stephen Katte via The Epoch Times,

Social media platform Threads's ban on search terms related to COVID-19 is only temporary, Instagram chief Adam Mosseri has revealed.

In an Oct. 17 post on Threads, Mr. Mosseri said he didn't have a firm date on when the ban would be lifted, but he didn't think it would be a permanent situation.

Following Threads's July release, parent company Meta rolled out several updates, including a new search function (more…)

Authored by Andrew Moran via The Epoch Times,

The creation of a central bank digital currency (CBDC) presents "significant risks" for the financial system and consumer privacy, says Federal Reserve Governor Michelle Bowman.

Appearing at a Harvard Law School Program on International Financial Systems roundtable on Oct. 17, Ms. Bowman conceded that the benefits of a digital dollar are uncertain and that there could be "unintended consequences" for the banking (more…)