Japan sees danger in US chip hub to fight China

Japan fears that US plans to pour billions of dollars into chipmaking to oust China could wipe out what is left of a Japanese semiconductor industry that once ruled the world. After “three lost decades,” according to Japan’s industry ministry, the country’s share of global chip manufacturing has dropped from half to one-tenth as it … Read more

Facebook accused of buying and burying rivals by US FTC in renewed antitrust fight

The US Federal Trade Commission (FTC) updated its antitrust case against Facebook Inc on Thursday, adding more details about the charge that the social media company crushed or bought rivals and once again asked a judge to enforce the social media giant selling Instagram and WhatsApp. At 80 pages, the new complaint is significantly longer … Read more