SemiconductorsSustainability

TSMC Reports Record $15 Billion Quarterly Profit as AI Demand Surges

TSMC has announced a record $15 billion net profit for the third quarter, representing a nearly 40% surge year-over-year. The world’s largest semiconductor manufacturer is benefiting from unprecedented artificial intelligence demand and strategic global expansion efforts.

Record Quarterly Performance Exceeds Expectations

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor manufacturer, has reported a nearly 40% surge in net profit for the July-September quarter, according to reports released Thursday. The company reportedly achieved a record 452.3 billion New Taiwan dollars ($15 billion) in net profit, significantly exceeding analysts’ forecasts.

EnergySustainability

South Africa’s $5.8B Coega Green Ammonia Project Advances With European Backing

The Coega green ammonia project in South Africa’s Eastern Cape has received significant European Union endorsement as it progresses through development phases. The $5.8 billion facility aims to produce over one-million tonnes annually of green ammonia for export markets while creating more than 20,000 jobs.

Major Green Ammonia Project Advances in South Africa

A massive $5.8 billion green ammonia project in South Africa has received high-level international endorsement and is progressing toward a 2027 construction start, according to project developers. The Coega green ammonia project, located in the Coega Special Economic Zone alongside the Port of Ngqura in Gqeberha, represents one of Africa’s most ambitious renewable energy initiatives.

SoftwareTechnology

Meta Discontinues Desktop Messenger Apps for Windows and macOS, Shifts Focus to Web and Mobile

Meta is discontinuing its standalone Messenger applications for desktop operating systems, with complete shutdown scheduled for December 15. The company is directing users to web-based alternatives and mobile apps for continued messaging access, according to official communications.

Meta Confirms Desktop Messenger App Discontinuation

Meta Platforms is officially shutting down its dedicated Messenger applications for Windows and macOS desktop operating systems, according to reports confirmed to Engadget. The company indicated the apps will cease functioning completely after December 15, after which users will need to transition to web-based or mobile alternatives for accessing their messages outside of phone usage.

CybersecurityPolicy

UK Government Reportedly Considered Destroying Chinese-Linked Data Center Over Security Concerns

The UK government reportedly considered destroying a London data center with Chinese ownership links over security concerns. According to Bloomberg, ministers proposed the extreme measure after the facility storing sensitive government information was acquired by a China-aligned entity.

UK Security Officials Reportedly Proposed Drastic Measures

The UK government under the former Conservative administration reportedly considered destroying a data center in London after it was acquired by an entity with links to China, according to a Bloomberg investigation. Sources indicate that ministers “briefly proposed a plan to destroy the data center before it was made secure in a different way,” though what exactly “destroy” meant in this context remains unspecified.