Michael Estrin

Chips made in the United States were more than 25 percent more expensive, industry executives said, because of higher material, labor and permitting costs. TSMC was widely considered better at building cutting-edge chips than American companies like Intel. And U.S. businesses were more focused on quarterly profits than geopolitical threats.

A confidential report commissioned in 2022 by the Semiconductor Industry Association for its members, which include the largest U.S. chip companies, said cutting the supply of chips from Taiwan would lead to the largest economic crisis since the Great Depression. U.S. economic output would plunge 11 percent, twice as much as the 2008 recession. The... See more

Trump acknowledged the risk, these people said, but moved forward with the most consequential foreign-policy decision of his two presidencies. He told his team that Tehran would likely capitulate before closing the strait—and even if Iran tried, the U.S. military could handle it.

“Planning around preventing this exact scenario — impossible as it has long seemed — has been a bedrock principle of US national security policy for decades,” a former US official who served in Republican and Democratic administrations said. “I’m dumbfounded.”

“Geography has always been a prison of sorts,” Marshall concludes, “one that defines what a nation is or can be, and one from which our world leaders have often struggled to break free.”

he payout amounts to less than one-thousandth of a percent of the companies’ annual sales.

The version of Instagram at issue in the lawsuit was the one that teens used in 2023, which was substantially different from the product as it exists today.

In October 2020, one employee told a colleague that “private by default for teens” had been considered by the well-being team, “but the growth impact was too high and the decision was to explore more nuanced and less blunt solutions,” according to a chat transcript shown Wednesday to the jury in New Mexico

“We are recommending nearly 4X as many minors to groomers (nearly 2 million minors in the last 3 months),” the report read, according to an internal document we viewed. According to this test, 27 percent of the recommendations shown to these “groomer-esque” accounts belonged to minors, compared with 7 percent of the accounts recommended to everyday... See more