Business, Financial & Legal News - Page 63

All the latest Business, Financial & Legal news as it relates to tech, gaming, and science - Page 63.

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TSMC is reportedly ramping chip production prices by 10-20%

Anthony Garreffa | Aug 30, 2021 11:41 PM CDT

It's not like it wasn't expected, where nearly 6 months ago I was writing news about up to 25% increases in chip prices by TSMC -- and now we have The Wall Street Journal all but confirming it.

TSMC is reportedly ramping chip production prices by 10-20%

According to sources of The Wall Street Journal (with the article dated June 21... yet it seems everyone is reporting on it like it's new), TSMC (Taiwan Semiconductor Manufacturing Company) will be increasing chip production costs by up to 10-20%. For the more advanced chips that the likes of Apple, AMD, Intel, NVIDIA, Qualcomm, and others have TSMC make for them -- costs could increase up to 10%.

Meanwhile, less advanced chips fabbed by TSMC will increase by up to 20% according to The Wall Street Journal's sources. TSMC is the only player in the game able to do what it does right now, so they can do, and charge whatever the hell they want and get away with it. It's not like AMD, Apple, Intel, NVIDIA, and Qualcomm can go get their chips fabbed at this level, in this quantity, anywhere else on the planet -- and that's why China has its targets set on Taiwan.

Continue reading: TSMC is reportedly ramping chip production prices by 10-20% (full post)

NVIDIA's huge $54 billion Arm deal being probed by the EU

Anthony Garreffa | Aug 28, 2021 9:17 PM CDT

NVIDIA is seeing its acquisition of Arm impeded in multiple ways, with the gigantic acquisition that is worth up to $54 billion hitting speedbumps with the FTC and now the EU.

NVIDIA's huge $54 billion Arm deal being probed by the EU

The European Commission will raise their concerns from regulators soon, with NVIDIA saying it is ready to answer "any concerns" the board may have about its acquisition of Arm. NVIDIA is expected to notify the commission in early September of its plans to acquire Arm -- at this time, the EU regulators will look into the inner movements of the $54 billion deal.

There are the obvious concerns that a US company is buying a major UK company, with the UK government concerned of the deal over what they're calling national security, and the fact that NVIDIA will gain access to Arm and its vast IP... and block it from being used on their competitors' products. Arm chips are used in many more technology products than people know, and you'd be giving those keys to NVIDIA.

Continue reading: NVIDIA's huge $54 billion Arm deal being probed by the EU (full post)

China will attack Taiwan on September 25 warns horrifying rumor

Anthony Garreffa | Aug 28, 2021 12:39 AM CDT

I stumbled onto someone sharing an anonymous post from 4chan, which might turn out to be totally full of shit, but with the way the world is going right now -- Afghanistan, is one large part, and secondly -- China invading Taiwanese airspace and the Taiwan government preparing for war, it kinda makes sense.

China will attack Taiwan on September 25 warns horrifying rumor

A new post on 4chan starts off with: "You're probably going to have to see it in action to believe it" and then dives right into what could be a horrific event in the very near future. The poster warns of China invading Taiwan, but that an "agreement in principle has been reached" between the US and China over this upcoming attack.

The post explains: "Low-level, preliminary negotiations have been completed and an agreement in principle has been reached between the United States and China concerning Taiwan. There are approximately 6 people who are aware of this in the United States up until right now".

Continue reading: China will attack Taiwan on September 25 warns horrifying rumor (full post)

OnlyFans will ban sexually explicit videos starting in October

Anthony Garreffa | Aug 20, 2021 12:11 AM CDT

OnlyFans will be changing in a huge way starting October 1, 2021 when sexually explicit material will be banned from its website, with "sexually explicit conduct" no longer allowed to be posted.

OnlyFans will ban sexually explicit videos starting in October

Creators will be able to post nude photos and videos, but it will have to be under the new rules within OnlyFans' new policy. The thing is, no one knows what that policy is just yet -- nudity is still allowed, but sexually explicit conduct is banned. Confused face.

Recently, payment companies like Visa and MasterCard have been acting as much larger gatekeepers between consumers and companies, with updated requirements for banks that process payments for websites that offer and sell adult content.

Continue reading: OnlyFans will ban sexually explicit videos starting in October (full post)

Google whistleblower admits they tweaked algorithm to destroy Trump

Anthony Garreffa | Aug 19, 2021 7:17 PM CDT

It shouldn't surprise you by now, but President Trump was fighting battles in every single corner for over 4 years but the battle at the end was really just an algorithm...

Google whistleblower admits they tweaked algorithm to destroy Trump

We now have Google whistleblower Zach Vorhies explain how the Big Tech search giant "re-wrote their news algorithms to specifically go after Trump", something he reveals in his new book Google Leaks: A Whistleblowers Expose of Big Tech Censorship, and during an interview with the Epoch Times. In the interview, Vorhies shows he has internal Google documents that shows how the company ranks news stories.

Vorhies explains: "This is called realtime, hive-mind scoring. They literally built it, they re-wrote it according to the fight that Trump was having with [James] Comey".

Continue reading: Google whistleblower admits they tweaked algorithm to destroy Trump (full post)

Snopes retracts 60 articles after co-founder busted for plagiarism

Anthony Garreffa | Aug 14, 2021 9:11 PM CDT

One of, if not the most trusted name in "fact-checking" is reeking like hot garbage right now and has been for years but it is only getting worse -- Snopes co-founder David Mikkelson was busted over "mass plagiarism" and now Snopes has retracted 60 articles.

Snopes retracts 60 articles after co-founder busted for plagiarism

Snopes pulled the articles after their co-founder and still -- even after this -- chief executive officer David Mikkelson had his world imploded in on himself again. Mikkelson owns half of Snopes Media Group, and has been plagiarising articles from major outlets like The Guardian and the LA Times, because he was hungry for traffic.

BuzzFeed News busted Snopes' co-founder and his major plagiarism, and within hours 60 articles were retracted according to The New York Times. Mikkelson admitted he had "multiple serious copyright violations of content that Snopes didn't have rights to use". He added: "There is no excuse for my serious lapses in judgment. I want to express how sorry I am to those whose copyright I violated, to our staff, and to our readers".

Continue reading: Snopes retracts 60 articles after co-founder busted for plagiarism (full post)

LOL: Snopes co-founder suspended over 'mass plagiarism'

Anthony Garreffa | Aug 13, 2021 9:30 PM CDT

Well, if you didn't already know that Snopes co-founder David Mikkelson was a piece of sh*t, you should now -- BuzzFeed has discovered that the Snopes co-founder has committed mass plagiarism that has reached reputable websites like The Guardian, and the LA Times.

LOL: Snopes co-founder suspended over 'mass plagiarism'

First off, years ago the trusted "fact-checking" service saw its co-founder allegedly embezzling close to $100,000 and then left his wife for an actual prostitute. Snopes had major financial problems in 2017, where Mikkelson begged his readers to help him and raised over $500,000 in 24 hours.

Here's where I'd like to say that the Snopes co-founder is "back to his old tricks" but it seems those old tricks aren't old, they never stopped -- BuzzFeed has uncovered that his mass plagiarism has spread far and wide. BuzzFeed writes that Mikkelson "wrote and published 54 articles with plagiarized material".

Continue reading: LOL: Snopes co-founder suspended over 'mass plagiarism' (full post)

GIGABYTE servers hacked: 112GB of secret data from AMD, Intel leaked

Anthony Garreffa | Aug 10, 2021 10:05 PM CDT

GIGABYTE has confirmed it has been hacked, with hacking group RansomEXX claiming it had access to 112GB of confidential information that included secret goodies about AMD, Intel, and AMI documents.

GIGABYTE servers hacked: 112GB of secret data from AMD, Intel leaked

The huge 112GB amount of documents and data is a very large amount, where it could be the very foundations and blueprints of next-generation technologies, product roadmaps, security keys for UEFI/BIOS/TPM data/keys, and so much more.

A message that TechPowerUp posted says that the hackers will only speak with an "OFFICIAL REPRESENTATIVE" of GIGABYTE, and they must have the power to act on behalf of the company -- if someone without that power contacts them, the ransom will be "RAISED" warns the hackers.

Continue reading: GIGABYTE servers hacked: 112GB of secret data from AMD, Intel leaked (full post)

Sony completes Crunchyroll buyout as subscribers grow to 5 million

Derek Strickland | Aug 9, 2021 5:40 PM CDT

It's official: Sony now owns the Crunchyroll anime streaming service.

Sony completes Crunchyroll buyout as subscribers grow to 5 million

Today Sony announced that it has finalized its acquisition of popular streaming service Crunchyroll. Sony paid AT&T nearly $1.2 billion for the service. The buyout is the second salvo in Sony's push for anime dominance following the initial buyout of Funimation in 2017 for $143 million. Crunchyroll will be nestled under Sony's Funimation label, which is handled by Sony Pictures Entertainment and subsidiary Aniplex.

Crunchyroll has seen strong growth in the last six months since the buyout was announced. The service's overall registered users grew by 30 million people to 120 million, and paying subscribers have grown from 3 million to 5 million.

Continue reading: Sony completes Crunchyroll buyout as subscribers grow to 5 million (full post)

Bill Gates frazzled: says knowing Jeffrey Epstein was 'huge mistake'

Anthony Garreffa | Aug 5, 2021 9:11 PM CDT

Uh, ya think, Billy Boy? Meeting with a known pedophile with ties to some of the most evil filth on this planet, was a good thing? Sure. Anyway, Bill Gates with all his smarts and brains said during an appearance on CNN's Anderson Cooper 360 that meeting with Jeffrey Epstein was a "huge mistake".

Bill Gates frazzled: says knowing Jeffrey Epstein was 'huge mistake'

During the interview, Cooper asks about the fact that his wife -- Melinda Gates -- wasn't happy about Bill's close relationship to Jeffrey Epstein. Epstein, who had his own private island for god knows what happened, connected to major pedophiles worldwide, Hollywood, politicians, government staff, ex and current presidents, and many more.

Cooper said: "The New York Times and the Wall Street Journal both reported in recent months that Melinda was concerned about a relationship with Jeffrey Epstein, who at the time when you met him in 2011, had already been convicted of soliciting prostitution from a minor. The Times reported that she hired divorce attorneys around the time in October 2019, when that contact with Epstein became public. Can you explain your relationship with Epstein? Was there ever any concerns about it?"

Continue reading: Bill Gates frazzled: says knowing Jeffrey Epstein was 'huge mistake' (full post)