US-based drone maker Skydio has found itself in a tricky situation. Last month, China decided to sanction the company. Why? Because Skydio sold its drones to Taiwan’s national fire service. This news came from Skydio’s CEO, Adam Bry, in a blog post. Before the sanctions, Skydio mostly got its batte
Airbus has decided to stick to its plan of delivering 770 aircraft in 2024, even though it's facing some big problems with its supply chain. This news came after the company reported better-than-expected earnings for the third quarter. Airbus made €1. 41 billion before interest and taxes, which was
This week, Apple CEO Tim Cook has been busy in China, meeting with important people and making big promises. It all started when Cook sat down with China's IT minister to chat about Apple's future in the country, online safety, and cloud services. After this meeting, Apple revealed that it plans to
In October, a major shift in the satellite industry took place with Intelsat's $3. 1 billion sale to its competitor, SES. This powerful pairing, involving the world's two largest geostationary satellite operators, is causing significant ripple effects. Armand Musey, an industry expert from Summit Ri
Brad Lin, an analyst from Bank of America Securities, is really positive about Taiwan Semiconductor Manufacturing (TSM). He's even increased their price target to $215. 00. Why all the excitement? TSM had a fantastic third quarter, with earnings that beat everyone's expectations, including Lin's. Th
A recent survey found that over 86% of healthcare providers are dealing with a shortage of intravenous fluids, or IV fluids, due to a damaged manufacturing plant in North Carolina. The plant, which produces 60% of the country's IV fluids, was hit by Hurricane Helene. IV fluids are crucial for treati
Ever seen people rushing to stores and grabbing all the toilet paper and water they can find? That’s exactly what happened in Houston recently. But why? Well, some big ports are closed, and that’s messing up supply chains. People got scared there wouldn’t be enough stuff like toilet paper or water,
Imagine a scenario where your favorite holiday gifts, food, and decorations are stuck at the port, unable to reach you. This could be a harsh reality if the 45,000 dockworkers represented by the International Longshoremen's Association (ILA) go on strike. The strike could lead to product shortages,
Imagine a world where food waste is minimized, and the cold chain is optimized with precision. This is the vision of Ilya Preston, CEO of Paxafe, a company that's using AI technology to tackle global food waste and emissions. Preston believes that by leveraging accurate data and AI, the cold chain c
The Chips and Science Act, signed into law two years ago, aimed to revive the US semiconductor industry by providing $52 billion in subsidies. So far, over half of this amount has been allocated to 15 chipmakers, including Intel, Taiwan Semiconductor Manufacturing Company, and Samsung. While this mo
