Economics

Economics

Samsung will produce AI chips for Tesla cars in the US

Samsung is set to manufacture AI chips for Tesla’s electric vehicles. The deal between the South Korean and American companies involves an amount of 22.8 trillion won (over 14 billion euros). Samsung will not manufacture the chips for Tesla in South Korea, but in the US. This will take place in a new factory in […]

Economics

Flag not everywhere about Handelsdeal EU with US: ‘Almost it could be’

The initial reactions to the trade deal reached on Sunday between the US and the European Union (EU) are moderately positive. According to ING economist Carsten Brzeski, the deal “seems to have averted worse scenarios, which is excellent news.” An escalation of trade tensions between the US and the EU would have been a serious

Economics

EU and US conclude agreement on mutual trade just before Deadline

The European Union and the American government have reached a deal on Sunday aimed at preventing the two power blocs from entering a trade war. The US will impose an import tariff of 15 percent on most EU goods. According to European Commission President Ursula von der Leyen, the deal will “bring stability” to trade

Economics

Now+ robot voices beat dart competitions on TV: ‘Mist human emotion’

If you follow the World Matchplay darts tournament via an online livestream, you may have noticed something strange about the Dutch commentary. The voices don’t sound very human. And that’s right: they come from the computer, made with artificial intelligence. PDC TV, as the British Darts Federation’s online streaming service is called, is experimenting with

Economics

After Premier, German minister also wants Germans to work longer and harder

According to the German Minister of Economic Affairs, Katherina Reiche, Germans must work longer and harder. Reiche said this on Saturday in an interview with the newspaper Frankfurter Allgemeine Zeitung. Her statements led to fierce criticism. Due to the changing population composition and the increasing life expectancy, Reiche believes it is inevitable that people will

Economics

NASA is going to do less with 4,000 employees by savings Trump

At least 3,870 employees of NASA will leave the American space agency through a departure scheme proposed by the government of President Donald Trump. Critics fear that NASA loses talent and that the safety of missions is compromised. Due to the departure, the workforce of NASA will shrink from around 18,000 people to 14,000, reports

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