Author: NY TIMES

The Biden administration will give up to $6.4 billion in grants to Samsung, one of the world’s largest chipmakers, the latest in a slew of awards intended to shore up domestic production of cutting-edge semiconductors.The money will help Samsung, the South Korean company, fund its new chip manufacturing hub in Taylor, Texas, and expand an existing site in nearby Austin. Samsung will now build an additional manufacturing plant and upgrade a facility under construction in Taylor. It will increase its investment in Texas to roughly $45 billion, up from the $17 billion it announced more than two years ago, administration…

Which A.I. system writes the best computer code or generates the most realistic image? Right now, there’s no easy way to answer those questions. Source link

In a TikTok video that has been watched more than 6 million times, Kati Morton, a licensed marriage and family therapist in Santa Monica, Calif., lists signs that she says can be indicative of “eldest daughter syndrome.”Among them: an intense feeling of familial responsibility, people-pleasing tendencies and resentment toward your siblings and parents.On X, a viral post asks: “are u happy or are u the oldest sibling and also a girl”?Firstborn daughters are having a moment in the spotlight, at least online, with memes and think pieces offering a sense of gratification to responsible, put-upon big sisters everywhere. But even…

Beyoncé’s “Cowboy Carter” holds at No. 1 for a second week on the Billboard album chart, fending off new releases from J. Cole and the K-pop group Tomorrow X Together.“Cowboy Carter” stays at the top of the Billboard 200 with the equivalent of 125,500 sales in the United States, according to the tracking service Luminate. That total includes 133 million streams and 20,500 copies sold as a complete package. It is the first time Beyoncé has repeated at No. 1 since her self-titled “visual album” in 2013, which notched three consecutive times at the top and was initially available only…

Hundreds of survivors of the 2017 Manchester Arena bombing attack have filed a lawsuit against the British government intelligence agency MI5, their lawyers said.Three lead firms — Hudgell Solicitors, Slater & Gordon and Broudie Jackson Canter — said in a statement on Sunday that they were representing more than 250 victims of the bombing and family members of those killed, and have submitted a group claim to the Investigatory Powers Tribunal, an independent judicial body that hears complaints against Britain’s intelligence services.“As it is an ongoing legal matter, we are unable or provide any further details, or comment further, at…

On the final day of the 2023-24 regular season, many playoff teams are vying for seeding, others are trying to improve their draft lottery odds, and still others are simply hoping to end the season on a high note.The Houston Rockets, who failed to charge at the end of the playoffs, belong to the latter group and are seeking their first undefeated record since the 2019-20 season.It turned out Sunday that both Rockets and Los Angeles Clippers fans were victorious. Houston defeated the Clippers 116-105 when center Boban Marjanović missed his first free throw with 4:44 left in the fourth…

This article is part of our Design special report previewing Milan Design Week.A cruel irony of Milan Design Week, which runs until Sunday, is that it requires tremendous exertion; visitors must speed walk from booth to booth, and from showroom to showroom, if they hope to see even a fraction of the goods around town. And yet many compelling new products, like the chair, sofas and bed linens presented below, are about rest and relaxation. On the positive side, one usually can take a moment to sink into the displays to see just how comfortable they are. Ahh!A Lounge Chair…

What a difference a year makes at Goldman Sachs.The venerated Wall Street investment bank, which a year ago was in the throes of struggle after attempting to build a Main Street franchise, on Monday showed off the benefits of sticking to what it knows best. It earned nearly $4 billion in the first quarter — around $1 billion more than analysts expected — after reaping big profits in its trading and corporate advisory franchises.The results were all the more relieving for Goldman because they came just a few days after rival JPMorgan Chase suffered its worst stock slide in nearly…

Tesla plans to lay off more than 10 percent of its work force in an effort to cut costs, Elon Musk, the automaker’s chief executive, told employees on Monday. The job cuts, amounting to about 14,000 people, come as the company faces increasing competition and declining sales.“As we prepare the company for the next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity,” Mr. Musk told employees in an email, a copy of which was reviewed by The New York Times.“There is nothing I hate more, but it…

Israel’s allies on Monday were strongly urging it not to retaliate against Iran for the missile and drone attack over the weekend, calling instead for a de-escalation of the tensions that have gripped the Middle East.The Iranian aerial assault — itself a retaliation for a strike that killed Iranian commanders in Syria — was the first time that Tehran had launched open attacks against Israel from its own soil. As some far-right members of Prime Minister Benjamin Netanyahu’s government called for a strong response, the United States, the Group of 7 nations, the European Union and the U.N. secretary general…