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Taiwan chip maker TSMC to invest $100B to grow capacity

Technology
Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. says it plans to invest $ 100 billion in the next three years in expanding its manufacturing capacity and supporting research and developmentByThe Associated PressApril 1, 2021, 9:41 AM• 2 min readTAIPEI, Taiwan -- Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $ 100 billion in the next three years in expanding its manufacturing capacity and supporting research and development, the company said Thursday.TSMC, the world’s biggest contract producer of semiconductors, said it anticipates faster growth thanks to long-term trends like the introduction of next-generation telecommunications and high-performance computing. The coronavirus pandemic, meanwhile is revving up demand for e...
Lab scientists grow mini human tear glands that cry

Lab scientists grow mini human tear glands that cry

Science
March 16 (UPI) -- Using new organoid technology, scientists have successfully grown miniature tear glands that actually cry. The breakthrough -- described Tuesday in the journal Cell Stem Cell -- could help researchers study the tear-production process and determine why some duct cells fail to produce tears. Advertisement Scientists hope the organic models can be used to develop treatments for tear gland disorders like dry eye disease. Eventually, tear glands grown in the lab could be used as transplants. Tears are vital to healthy eyes. Produced by the ducts in the corner of the eye socket, tears lubricate the eyes and deliver nutrition to the cornea. Antibacterial properties in tears also help prevent eye infections. "Dysfunction of the tear gland, for example in Sjögren's syndrome, ca...
Some sea slugs sever their own heads, grow whole new bodies

Some sea slugs sever their own heads, grow whole new bodies

Science
March 8 (UPI) -- For at least two species of sea slug, decapitation is no big deal. After purposefully severing its head, a sacoglossan sea slug can regrow its entire body, heart and all. Scientists observed the phenomenon -- detailed Monday in the journal Current Biology -- while studying the development of the marine invertebrates, from eggs to adult sea slugs. Advertisement In the lab, researchers noticed the head of a sacoglossan sea slug moving around without its body. "We were surprised to see the head moving just after autotomy," lead author Sayaka Mitoh, a doctoral candidate at Nara Women's University in Japan, said in a press release. "We thought that it would die soon without a heart and other important organs, but we were surprised again to find that it regenerated the whole b...
U.S. foreign military sales broke records in 2020, and may grow more in 2021

U.S. foreign military sales broke records in 2020, and may grow more in 2021

Business
Jan. 1 (UPI) -- The United States approved a record number of foreign military sales in 2020, by its own accounting and that of arms industry observers. According to R. Clarke Cooper, assistant secretary of the State Department's Bureau of Political-Military Affairs, the State Department approved $ 17.08 billion in foreign military sales in fiscal year 2020 -- a 2.8% increase over fiscal 2019. Advertisement And the three-year rolling average -- which officials say is a truer reflection of trends -- is even higher, having risen to $ 54 billion. The Defense Security Cooperation Agency released those figures at the beginning of December, covering deals for weapons, aircraft and other systems made by companies including Lockheed Martin, Boeing and Northrop Grumman, among others. But close ob...

Op-ed: Equities likely to grow, but finding yield remains difficult

Finance
krisanapong detraphiphat | Moment | Getty ImagesBottom-scraping interest rates in 2020 were a major factor fueling a stock market that, after plummeting in March from the pandemic, rallied to post a banner year.Low interest rates also vexed investors seeking yield from bonds purchased to diversify portfolios and reduce risk. But while bond yields likely will remain paltry in 2021, much higher yields are available from alternative fixed-income investments that individual investors typically overlook.Many market sectors are poised to continue growth spurred by the Fed's rate cut last spring — a move whose effectiveness shouldn't have been surprising, given its history of success. Along with low rates, conditions pointing to equity growth in 2021 include the continuation of the Fed's bond-buy...