Taiwan Semiconductor Manufacturing Co., which counts customers such as AMD and Apple, has started construction on a chip factory in Arizona, its chief executive said, according to Reuters. The move comes amid a global chip shortage, which has severely affected supply of everything from automobiles to gaming consoles and computer graphics cards. Speaking at a virtual conference to clients...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase

Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
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