30 Sep 2021

Chip shortages, Facebook's big fine, hampster trading

From Nine To Noon, 11:05 am on 30 September 2021
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Photo: 123RF, YouTube

 

Technology correspondent Mark Pesce looks at how a shortage of semi-conductors is now making things worse for automakers, who were already being affected by the global shortage of computer chips. Facebook shareholders aren't happy with revelations that the company offered to pay a fine that was fifty times higher than what the US Federal Trade Commission was seeking over the Cambridge Analytica affair - all so Mark Zuckerberg and Sheryl Sandberg didn't have to testify. And a crypto-trading hamster has been found to make better trades than Warren Buffett and the S&P 500...