Global chip sales expected to rise 20% in 2021 amid supply bottleneck
Semiconductor sales are projected to continue growing into 2022, with an 8.8% increase to $573.44 billion, World Semiconductor Trade Statistics Inc. said in its latest forecast.
Facebook's Neighborhoods feature faces crowded niche market and profiling concerns
Facebook, which is rolling out the feature in four U.S. cities, is already playing catch-up in the red-hot market for local social apps.
Japan Display, a fading iPhone LCD screen-maker, pivots to virtual reality
The Tokyo-based LCD specialist expects its favored display technology to become the standard for VR because it can achieve higher resolution than OLED.
In El Salvador's Bitcoin beach town, digital divide slows uptake
The tropical surfing spot's basic infrastructure offers a glimpse of the potential pitfalls to popularizing Bitcoin nationally for payments and savings.
Toshiba to drop two board members as shareholders demand action
An advisory firm has recommended voting against five board members, including the dropped pair, after a probe found the firm colluded with the government to fix a key shareholder vote.
Japan to start antitrust probe on Apple and Google, says Nikkei
The probe will include input from executives from domestic smartphone handset-makers as well as manufacturers of smart speakers and personal computers.
Toshiba's No. 2 shareholder calls for resignation of board chair and three directors
The demand comes after an investigation found the company had colluded with the government to pressure foreign investors.
Singapore’s fintech chief has vision of Asian Silicon Valley
Singapore sees more investments pouring into fintech firms this year as the city-state seeks to become a regional hub for capital raising in areas from payments to robo-advisory.
In revolt, four directors call for Toshiba shake-up after explosive probe
The public pushback by the independent directors, all non-Japanese, shows how the old guard of Japan Inc. can no longer exert full control over shareholders.
China’s new data law gives Xi the power to shut down tech firms
Xi’s administration has tightened control over the hoard of information produced by the nation’s tech companies as part of broader efforts to position China as a leader in big data.
Google and Facebook pledged millions for local news. Was it enough?
Critics say the funding does not nearly compensate for the tens of billions of dollars publishers lost as the tech companies gobbled up the digital advertising market.
Biden will need more than $52 billion to counter China on chips
The White House has outlined a sweeping plan to secure the conduits for critical products from medicines to chips, responding in part to the growing economic and political sway of China.
