Nine To Noon artwork

Chip shortages, Facebook's big fine, hampster trading

Nine To Noon

English - September 29, 2021 22:05 - 19 minutes - 17.8 MB - ★★★★★ - 8 ratings
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Tech correspondent Mark Pesce talks shortages in the auto industry, Facebook shareholder fury over a big fine and a crypto-trading hamster. No. Really.
 
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...