Gaon Cable, an affiliate of LS Group, will build production lines for nuclear power plant cables at its U.S. plant in North Carolina, aiming to get ahead in a market expected to grow as the country expands nuclear power, the company said Monday. The Korean cable maker said its U.S. unit, LS Cable & System U.S.A., will install the equipment at its plant in Tarboro, North Carolina. The move is intended to build a local supply system ahead of the expected expansion of the U.S. market for large nuclear plants and small modular reactors (SMRs), smaller reactors that can be factory-built and installed in modules. The plant already produces overhead power lines for the U.S. grid. Adding nuclear cables will widen the range of products it makes locally. The company said the U.S. supply chain for nuclear plant equipment, including cables, remains thin because few new reactors have been built in the country for decades. Interest in new reactors has returned as electricity demand rises with the growing number of artificial intelligence data centers and as energy security becomes a priority. A single
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GOP Rep. Tim Burchett (Tenn.) called on his party's congressional leadership — House Speaker Mike Johnson (La.) and Senate Majority Leader John Thune (S.D.) to "step up to the daggum plate" Saturday morning, urging the pair to pass legislation funding air travel infrastructure updates in light of Friday's nationwide ground stop. “We know that it...
MANILA, Philippines – The recent controversy surrounding the Pokemon TCG community has renewed conversation on safe spaces. You’re walking around an event, happy to see your hobby out in full display. With how frequently hobby gatherings and events have been happening, it’s no surprise that these interests would eventually be monetized one way or another.
Microsoft confirmed its services are fully restored as of Saturday after the tech company faced a massive global outage impacting its platforms earlier in the week. “We have completed our efforts to address the underlying issue of the incident and restored service to the remaining impacted customers and regions,” the company wrote in a post...
Italy announced Saturday it is handing Meta an $887 million fine for using photos and videos from Android users’ Facebook galleries without specific consent. Investigators found Facebook had enabled a “get suggestions from gallery when browsing” feature by default and requested access to users' personal photo library through a single permission notice, according to a...
Democratic Sen. Richard Blumenthal (Conn.) called on Howard Lutnick, President Trump’s Commerce secretary, to step down over reports the cabinet member shielded Nvidia from federal oversight — accusations which emerged after the tech giant's CEO resigned this week. Jensen Huang stepped down from Nvidia's chief role Thursday after claims came to light of his reported...
MANILA, Philippines – At the ASEAN Business & Investment Summit held today at the Solaire Resort Grand Ballroom, H.E. DTI Secretary Cristina Roque announced that the ASEAN Digital Economy Framework Agreement (DEFA) had just been signed and will be presented to the President tomorrow. What is DEFA? This agreement has lasting implications for the digital
An internet trade group, representing 30 members including Google, YouTube, Facebook and Instagram, has sued the state of New York challenging its law that requires social media platforms to provide state-approved warning labels for users. NetChoice's complaint said the state law violates the free-speech protections or First Amendment rights, Reuters reported. The law, that was signed...
SpaceX CEO Elon Musk wrote on Saturday that Nvidia will lose “critical deals” after CEO Jensen Huang’s exit from the company following reports of his extramarital affairs, including one with an alleged Chinese spy. “Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,”...
MANILA, Philippines – Microsoft apologized for the global Outlook outage, citing that a technical issue was the cause and that the issue has been resolved. “We are deeply sorry for the disruption this incident has caused our customers and partners,” began the statement. “This was a technical issue not related to cyber or AI /
While global markets focus on the geopolitical and business implications of Jensen Huang’s resignation from Nvidia, another fierce debate is raging among Asian-Americans: whether race played a role in the downfall of one of corporate America’s most recognisable Asian faces. At the heart of the unease is the lack of public evidence for the most explosive allegation against Huang: that he had a romantic relationship with a Chinese businesswoman reportedly engaging in espionage for Beijing. The New...