Federico Faggin invented the microprocessor and Intel."Intel tried to erase his name from the history of the microprocessor... and boycotted any recognition to him. Only after many interventions by Faggin and his wife did Intel give limited acknowledgment." — Historical record from the Intel 4004 project archive. It took decades of fierce pushback from historians, tech journalists, and Faggin himself to correct the record. Today, he is widely recognized globally—and was even awarded the National Medal of Technology by the US government—as the true father of the microprocessor..
Economy is still growing only because companies are still absorbing the cost of tariffs instead of passing it on to consumers. But for how long can they continue to do so?
U.S. Economy Grew at a 3% Rate in Q2, a Better-Than-Expected Pace
US Q2 GDP Growth Rate QoQ Adv. +3.0% (Est. +2.4%, Prior -0.5%)
Unfortunately the company also heavily contributes to health problems due to its high-sugar products and funding misleading research. It is one of the largest plastic polluters, causing significant environmental damage through single-use bottles. It also faced accusations of depleting water resources in vulnerable communities and engaging in unethical business practices...
Texas Instruments, Intel Sink as China Tariffs Hit US-Made Chips
Shares of chipmakers with US manufacturing plants fell Friday after China announced new tariffs, targeting semiconductor imports.Beijing will raise tariffs on all US goods from 84% to 125%, leading th
Trump Is Fighting a Trade War He Can’t Win. The Stock Market Is the Loser
Forget economics. It’s the rules of battle investors should pay attention to now that President Donald Trump has launched a full-bore trade war against enemies and allies alike.On Friday, China announ
Trump Says Things Are "Going Very Well" After Market Plunges, and That He's Open to Deals on Tariffs
President Donald Trump offered a rosy assessment after thestock market dropped sharplyThursday over his tariffs, saying, “I think it’s going very well.”“The markets are going to boom, the stock is goi
Why Bitcoin's Plunge Could Have Further to Go Despite Its Recent Bounce
Bitcoin has already has plunged more than 20% from its record high two months ago, but the fall may not be over yet, according to analysts.The largest crypto traded at around $84,353 Friday afternoon, roughly 23% below its record high at $109,225 reached on Jan. 20, the day of President Donald Trump's inauguration, according to Dow Jones Market Data.Concerns around Trump's tariff policies sent bitcoin to as low as under $80,000 on March 11, the lowest level since November. However, after the Federal Reserve's meeting on Wednesday, bitcoin bounced - rising over 5% to above $87,000 briefly, from below $83,000 - as traders cheered the Fed's decision to slow the pace of shrinking its balance sheet, a process known as quantitative tightening.From a technical perspective, bitcoin may fall toward $70,000 before it resumes its rally, Magadini said. While a bear market is typically defined as a fall of at least 20% from an asset's peak, crypto proponents have been reluctant to apply that metri
Trump should be checked for mental fitness. He's acting like a grumpy old man who is losing the plot.
Trump Says He Will Raise Tariffs On Canada Metals To 50%
President Donald Trump said on Tuesday he has instructed his commerce secretary to add an additional 25% tariff on all steel and aluminum coming into the United States from Canada, bringing the total tariff on those products to 50%.