Teenagers in the U.S. are finding it hard to tear themselves away from YouTube and TikTok, according to a new study of 13- to 17-year-olds by the Pew Research Center. Pew found that “nearly 1 in 5 saying they use the video-streaming apps ‘almost constantly.’” YouTube topped the chart for the second consecutive year, with 93 percent, “roughly 9 in 10 teens” saying they regularly use YouTube. That far outstrips TikTok, Snapchat and Instagram, which manage to creep to about 70 percent among a subset of teens 15 to 17. Among the total teen sample, that falls to 63 percent for TikTok, 60 percent for Snapchat and 59 percent for Instagram, according to Pew. Continue reading Pew: U.S. Teens Fixated on Video Apps YouTube and TikTok

Intel announced it will purchase Israeli chipmaker Tower Semiconductor in a deal valued at $5.4 billion. Tower — which specializes in analog semiconductor solutions for high-growth markets including mobile, automotive, medical devices and power management — will make Intel instantly more competitive in sectors dominated by Taiwan’s TSMC. Intel CEO Pat Gelsinger cited “Tower’s specialty technology portfolio, geographic reach [and] deep customer relationships” among the assets that will help scale Intel to “a globally diverse end-to-end foundry” to help meet growing chip demands across the nearly $100 billion addressable foundry market. Continue reading Intel to Acquire Israel’s Tower Semiconductor for $5.4 Billion

Intel is building a new $20 billion chip foundry in Ohio, where CEO Patrick Gelsinger says the company envisions investing more than $100 billion over the next decade to create a complex of up to eight plants. The move is part of a U.S. effort to increase domestic production of computer chips, alleviating supply chain shortages and reducing reliance on foreign suppliers. The new build, located near Columbus, is an economic boon for Ohio, creating 7,000 construction jobs and eventually employment for about 3,000 people in two flagship factories, and potentially many more jobs through the satellite suppliers nearby. Continue reading Intel Announces Plans for New $20 Billion Chip Plant in Ohio

Experts have warned that the semiconductor shortage will endure, and now Intel chief executive Pat Gelsinger has added his voice with the prediction that the shortage could stretch into 2023. Volkswagen also cautioned that the shortage may get worse in the next six months. The chip shortage is not only causing production delays in the auto industry but raising prices for consumer electronics. Gelsinger said it could take one or two years to achieve a “reasonable supply-and-demand balance.” “We have a long way to go yet,” he suggested. Continue reading Intel Chief Warns the Chip Shortage Could Last Through 2023

New Mexico governor Michelle Lujan Grisham, Albuquerque mayor Tim Keller and Netflix co-chief executive Ted Sarandos stated that the streaming giant will spend $1 billion on production spending in the state. The company plans to expand its ABQ Studios, adding 300 acres and as many as 10 stages, production offices, backlots, commissary and other buildings to the existing facilities. The increased spending will also create an estimated 1,000 production jobs over the next ten years and 1,467 construction jobs to build the studio expansion. Continue reading Netflix Commits $1 Billion to Expand New Mexico Production

Netflix reported stronger growth in international markets than expected, which is key to its ability to keep pace with increasing content production costs. In Q3, it added 6.96 million subscribers worldwide, beating its forecast of five million in July and 5.18 million predicted by analysts contacted by FactSet. The company expects to spend as much as $8 billion on shows and movies this year, with analysts forecasting that Netflix will actually spend as much as $4 billion more on content to be released in the future, for a total of $12 billion. Continue reading Netflix Reports Solid Global Growth, Spends Big on Content

Two Democratic senators — Edward Markey of Massachusetts and Richard Blumenthal of Connecticut — sent a letter on Wednesday to the Federal Trade Commission asking for an investigation into whether the thousands of “child-friendly” apps in the market are actually collecting children’s personal information. To do so would violate a federal law protecting children’s online privacy, since it requires sites and apps targeting persons under 13 years old to obtain verifiable parental permission before collecting data. Continue reading Senators Ask FTC to Examine Kids Apps’ Privacy Violations

Cybersecurity technology from Los Alamos National Laboratory is now available to banks and other private sector businesses, via the consulting firm Ernst & Young. The New Mexico lab, benefitting from the $1 billion the U.S. spends a year on unclassified cybersecurity research, has developed a great deal of relevant technology, but is not set up to market the results of its own research. Ernst & Young, which consults on cybersecurity, will communicate the lab’s products and add its own expertise. Continue reading New Initiative: U.S. Offers Cybersecurity Tech to Private Sector

TV startup Aereo has temporarily shut down its service in Denver and Salt Lake City. The U.S. Court of Appeals for the Tenth Circuit refused to overturn a preliminary injunction granted by a Utah District Court judge that prohibits Aereo from operating in Colorado, Montana, New Mexico, Oklahoma, Utah and Wyoming. Aereo is issuing full refunds for this month to customers in the two cities. Despite the setback, Aereo continues its expansion with a recent launch in Austin, Texas one week before the SXSW conference. Continue reading Aereo: Internet TV Service on Hold in Denver and Salt Lake City

In response to the mounting competition California currently faces from nearly 40 states that offer financial incentives for TV and film production, Democratic State Assemblyman Raul Bocanegra plans to introduce new legislation this month designed to keep production in California. The proposed legislation would increase the state’s $100 million annual budget for TV and film tax incentives. Additionally, it would expand productions eligible for tax credits to include big budget films and network series. Continue reading California Looks to Boost Tax Breaks for Film & TV Production

NASA’s Lunar Laser Communication Demonstration (LLCD) uses a pulsed laser beam to transmit data from Earth to the moon. The record-setting laser recently made history by sending data 239,000 miles at a download speed of 622 megabits per second (Mbps). Radio frequency has been the main method of communication, but does not have the data capacity and speed of laser. If the laser program is successful, NASA plans to use it on future missions. Continue reading NASA Sets Data Transmission Record Between Earth and Moon