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29.03.26 - 01:00
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South Korean chip giants step up China investments to combat global AI memory shortage (SCMP)
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Samsung Electronics and SK Hynix are stepping up investments in their China wafer fabs as they race to boost supply amid a tightening memory chip market driven by demand for artificial intelligence computing, underscoring China's continued role in semiconductor production despite US restrictions.
Samsung Electronics invested 465.4 billion won (US$308.8 million) in its Xian chip plant in 2025, a 67.5 per cent increase from a year earlier, according to an annual report filed with South Korea's......
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29.03.26 - 00:12
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Sugar high(st): more than twelve tons of KitKat′s ′new chocolate range′ stolen in Italy (The Guardian)
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Thieves made a break for 413,793 units of the company's new F1 line bars which could cause shortage before EasterA large shipment of KitKat candy bars was stolen while in transit to distributors, a major candy crime right before the Easter holiday that could cause shortages for customers.The truck carrying 413,793 units of a “new chocolate range”, about 12 tons of chocolate bars, was pilfered while driving through Europe on 26 March, Agence France-Presse reported. Continue reading......
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29.03.26 - 00:00
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US treasury department demands retraction of story on increased oversight of Federal Reserve (The Guardian)
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Treasury department said Financial Times article about Scott Bessent's views on Fed oversight was 'manufactured' The US treasury department demanded on Friday that the Financial Times (FT) retract a report on treasury secretary Scott Bessent's views on the Federal Reserve, accusing the newspaper of publishing “false claims” in a formal complaint escalated to the outlet's parent company, Nikkei Inc.The email from treasury officials, addressed to senior editors at the FT and Nikkei, disputed multiple claims in the story and criticized the headline as misrepresenting the underlying reporting. Continue reading......
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28.03.26 - 23:24
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Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport (ZeroHedge)
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Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Perhaps incompetence is contagious...
A Secret Service agent tasked with protecting Jill Biden managed to become his own biggest threat, accidentally shooting himself in the leg at Philadelphia International Airport last week, according to Reuters.
Thankfully, Biden wasn't anywhere nearby, presumably because the universe decided one crisis at a time was enough.
Photos: Daily Mail
The report says that the incident, politely labeled a “negligent discharge” (bureaucratic code for oh sh*t), happened in an unmarked car just before 9 a.m. Other officers rushed in to help, and the agent was taken to the hospital in stable condition—injured pride not listed but heavily implied.
"The Secret Service's Office of Professional Responsibility will be reviewing the facts and circumstances of this incident," Secret Service spokesman Nate Herring said, according to the Daily Mail. He continued: "...
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28.03.26 - 21:48
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US ′Only Certain Of Having Destroyed A Third′ Of Iran′s Missiles (ZeroHedge)
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US 'Only Certain Of Having Destroyed A Third' Of Iran's Missiles
Via Middle East Eye
The US is only certain it has destroyed around a third of Iran's missiles, despite comments from President Donald Trump boasting of military success. According to five people familiar with the US intelligence who spoke to Reuters, the status of around another third is less clear. However, US-Israeli strikes have likely damaged, destroyed or buried those missiles in underground tunnels and bunkers.
Iran's drone capability has also likely been reduced by a third, another source said. The assessment, which comes one month after the beginning of the US-Israeli assault on Iran, suggests Tehran still retains substantial missile capability and its ability to retaliate is far from eliminated. At a cabinet meeting on Thursday, Trump said - while discussing options to open the Straits of Hormuz - that 99 percent of Iran's missiles had been destroyed.
via Reuters
"The problem with the straits is this: l...
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28.03.26 - 21:48
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Alarming West Texas Oil Theft Emerges As National Security Threat (ZeroHedge)
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Alarming West Texas Oil Theft Emerges As National Security Threat
Criminals are exploiting weak points across the West Texas oil production region, which accounts for 15% of the world's energy resources. This emerging wave of oil theft is burning a multi-billion-dollar hole in the budgets of oil and gas operators across the Permian Basin and is becoming a national security threat.
Bloomberg reports that oil and gas producers are losing at least $1 billion, if not more, per year due to oilfield theft in what the outlet describes as something straight out of a "Mad Max" movie.
At the center of the Permian Basin is Martin County, one of the most important oil-producing counties in the country.
The outlet spoke with Sheriff Randy Cozart, who estimates that about 500 barrels of crude are stolen each week. Industry groups say statewide losses are accumulating and range from $1 billion to $2 billion annually.
"Where there's money, there's crime," Cozart explained. "And th...
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