Technology Archive

As cryptocurrency investors nervously watched the value of their assets sink, one of Bitcoin’s greatest boosters announced this week that he was doubling down. Nayib Bukele, the hip, young president of El Salvador, hosted a meeting Monday with representatives of 44 countries to discuss the “benefits in our country” of using Bitcoin—another questionable move for a man who has put his country’s economy at risk to gamble on digital money. Bukele, a former public relations executive who now leads one of the hemisphere’s poorest nations, has been touting the so-far-elusive benefits El Salvador has gleaned from his controversial move last September to make Bitcoin the country’s […]

Semiconductors, the tiny chips that power everything from Apple iPhones to F-35 fighter jets, are a true product of globalization. Their technological sophistication is matched only by the logistical complexity of their supply chains, which stretch across the planet. It should be no surprise, then, that these chips are feeling the impact of accelerating deglobalization. Over the past several years, manufacturers of everything from shoes to home appliances have moved to reshore production, encouraged by protectionist governments erecting trade barriers to protect domestic economies from geopolitical forces. Gradually, the “just-in-time” supply chains of the globalized world, which outsourced aspects of […]