Industry News
Industry-specific news, such as autos, real estate

FDA Severely Hit, Pharmaceutical Company Stocks Plummet

FDA Severely Hit, Pharmaceutical Company Stocks Plummet

Industry News

The Trump administration has launched a large-scale layoff initiative, severely impacting US public health institutions, with the Food and Drug Administration (FDA) bearing the brunt. Current and former employees have issued warnings that this move may have far-reaching consequences for the US pharmaceutical industry and the public health regulatory system.more

April 11, 2025, 2:23 pm EDT
Indonesia's customs and traditions

Indonesia's customs and traditions

Industry News

Indonesia, the world's largest archipelago, comprises over 17,000 islands straddling the equator. Its rich cultural heritage and breathtaking landscapes reflect a unique blend of traditions, religions, and natural wonders.more

April 2, 2025, 4:46 pm EDT
NVIDIA Plans to Produce $500 - Billion - Worth of AI Equipment in the US

NVIDIA Plans to Produce $500 - Billion - Worth of AI Equipment in the US

Industry News

NVIDIA has announced that, with the help of partners such as TSMC, it plans to build artificial intelligence infrastructure worth up to $500 billion in the United States over the next four years. The plan announced by NVIDIA on Monday includes producing its Blackwell AI chips at TSMC's factory in Phoenix, Arizona, and establishing supercomputer factories in Texas in cooperation with Foxconn and Wistron. These factories are expected to start production within the next 12 to 15 months. Under the threat of high tariffs imposed by former US President Trump, many technology companies have promisedmore

April 15, 2025, 3:40 pm EDT
U.S. Expert: Ruling on Google's Monopoly May Reshape Tech Industry

U.S. Expert: Ruling on Google's Monopoly May Reshape Tech Industry

Industry News

On August 5, U.S. District Court Judge Amit P. Mehta ruled that Google violated antitrust laws to maintain its monopoly in online search. The judge made it clear in his ruling that “Google is a monopolist, and it acted to preserve its monopoly.more

August 23, 2024, 10:11 am EDT