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March 27, 2023 5:50 am ET The $53 billion Chips Act seeks to end the U.S.’s reliance on foreign-made semiconductors, especially those used by the Pentagon. It’s the latest example of the federal government using its cash to remake an industry it sees as crucial to national security. Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

Ford's Chief Executive Engineer Linda Zhang unveils the Ford F-150 Lightning on May 19, 2021, in Dearborn, Mich. Ford Motor Co. announced Thursday, March 23, 2023, that their electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. Credit: AP Photo/Carlos Osorio, File Ford Motor Co.'s electric vehicle…

Virginia-based power company AES Corp. says it is ready to push the button on a solar-panel order of more than $1 billion if a manufacturer will commit to building a factory in the U.S.If that factory gets built, AES can buy its panels and apply for federal subsidies recently made available to clean-energy developers that use equipment made in the U.S. There is one problem: The government hasn’t decided what “made in the U.S.” means, and how strictly to define it. “You can’t sign…

Published By: Mayank GuptaLast Updated: March 20, 2023, 11:40 ISTMercedes-Benz China EV Factory (Photo: Reuters)The luxury brand has planned a three-digit million amount for the modernization of its plants in China, Germany and Hungary in the coming yearsMercedes-Benz will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions.The European Union has set a goal to…

Logo of Mercedes-Benz is seen at their plant in Kuppenheim, Germany in this March 3, 2023 handout image. Mercedes-Benz Group/Handout via REUTERSMercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions. The European Union has set a goal to halve CO2 emissions per passenger car over their life cycle by the end of this decade compared to 2020 and is seeking…

Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions.The European Union has set a goal to halve CO2 emissions per passenger car over their life cycle by the end of this decade compared to 2020 and is seeking agreement on a 2035 deadline to end the sale of fossil fuel cars.Mercedes has said it will be ready to go electric by the end of the this decade,…

Many people, across the globe, use Android phones. However, the android system is not opposed to bugs and hacking. Google security researchers have raised a major alarm and warned of 18 different bugs in Samsung Exynos chips that are used in many top Android smartphones.  Time Willis, head of Google's Project Zero, said in a blog post that four of the susceptibilities 'allows for Internet-to-baseband remote code execution". Therefore, these bugs have put the security of the android system at grave risk. …

Photo by Jeff Vespa/WireImage Despite developing a reputation for its prolific cancellation of fantasy shows that don’t meet the algorithm’s requirements, Netflix somehow always seems to find the money to fund a star-studded blockbuster or two that almost always ends up being greeted with a shrug of indifference by critics, even if big names are always guaranteed to perform in terms of viewing figures. However, the streaming service draws the line at $150 million romantic comedies, having recently pulled the…

The digital-asset market is coming off of a turbulent year featuring a number of high-profile blowups. Now, two shutdowns in the banking industry — SVB Financial Group's Silicon Valley Bank and Silvergate Capital Corp. — have set off a fresh set of stresses. SVB's failure triggered a knock-on effect in the crucial market for stablecoins after digital-asset giant Circle Internet Financial Corp., one of the biggest issuers of the widely used tokens known for their perceived safety, revealed it had $3.3 billion…

V883 Ori is a remarkable protostar that boasts a temperature that is just hot enough for converting water in its circumstellar disk into gas. This gas can be studied by radio astronomers to trace the origins of the water. Recently, ALMA observations have verified that the water in our own Solar System may have the same source as the water found in disks surrounding protostars in other parts of the Universe – the interstellar medium. Credit: ALMA (ESO/NAOJ/NRAO), B. Saxton (NRAO/AUI/NSF)ALMA Traces History of Water in…