TechnologyIndustry

Mass Exodus at U.S. Chips Act Office Amid Political Shakeup

2 days ago

In a significant development within the U.S. Chips Act Office, it has been reported that nearly 40% of its employees are set to leave their positions. This wave of departures is directly linked to a political shift associated with the Trump administration's influence. The recent departures raise concerns about the future of the office tasked with overseeing a crucial segment of America’s semiconductor industry, particularly at a time when global competition for chip manufacturing is intensifying.

Insight Partners Secures $12.5 Billion for New Flagship Fund: A Milestone in Venture Capital

2 months ago

In a groundbreaking move that has sent ripples across the venture capital landscape, Insight Partners, a prominent investment firm, has successfully raised $12.5 billion for its latest flagship fund. This monumental fundraising round marks a significant moment not just for the firm but for the wider investment ecosystem, showcasing the robust appetite investors have for growth-oriented ventures, particularly in the technology sector.

TSMC Chief Exec Snubs Trump's Inauguration—A Bold Move Among Tech Giants

2 months ago

In a notable departure from the actions of several high-profile tech executives, TSMC's (Taiwan Semiconductor Manufacturing Company) CEO has decided not to attend the inauguration of Donald Trump. This decision has sparked discussions across the technology sector and beyond, highlighting the tensions between politics and business in today's climate.