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Welcome to the never-ending chip shortage

5 years 2 months ago
The global shortage of semiconductors that has hobbled the auto industry and made some consumer electronics more expensive could last until the middle of 2023, Intel has warned.

Vaccine inequality is costing tens of billions

5 years 2 months ago
Vaccine inequity is undermining a "truly global economic recovery" from Covid-19, according to data released Thursday by the United Nations Development Program (UNDP), the World Health Organization (WHO) and the University of Oxford.

Software vendor caught up in ransomware attack obtains decryptor key

5 years 2 months ago
Kaseya, the software firm whose remote access tool was used to deliver REvil ransomware to hundreds of businesses around the world this month in a devastating supply-chain attack, has obtained a decryptor key allowing it to unlock networks seized by the malware, the company confirmed to CNN Business.

Tokyo Olympics' economic losses will be 'enormous,' says Suntory CEO

5 years 2 months ago
Olympic sponsors have been left frustrated at the absence of spectators at the majority of Olympic events. Not only do they risk losing their returns on investment and high-profile tickets for the events for their executives and clients, some have expressed fears of a consumer backlash. Japanese companies had paid a record $3 billion dollars to sponsor the Games -- and many had paid out extra to extend contracts after the Games were postponed beyond 2020. CNN's Selina Wang speaks exclusively with Olympic sponsors and the CEO of Suntory, one of Japan's biggest beverage makers, who says the Games are losing their commercial value.
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