Smartphones, computers, cars and, increasingly, household appliances all run on silicon chips — but the global supply chain isn’t producing enough chips to satisfy demand, creating a shortage that could impact product availability.
Axios Re:Cap digs into what caused the shortage, how it could impact consumers, and how it can be alleviated with Axios chief technology correspondent Ina Fried and Intel’s executive vice president and general manager of its client computing group Gregory Bryant.
This week, new COVID cases in the state of Michigan dropped almost 25%. Still, on Wednesday, 4,880 new cases were reported. The state is now also starting to see a decline in hospitalizations after record rates of cases among young adults and children.
Endeavor, which does talent management, streaming, and also live events, went public today — and it could be an avatar for the broader in-person events industry, which is still struggling to rebound. Axios Re:Cap is joined by executive chairman Patrick Whitesell to discuss how Endeavor weathered the pandemic, how they’re approaching the future of in-person events and a recent decision to bring Elon Musk onto the company board.
Elon Musk has formally joined the board of Endeavor, the Hollywood conglomerate whose properties include the William Morris talent agency and Ultimate Fighting Championship, in conjunction with Endeavor's IPO on Thursday.
Why it matters: This is currently Musk's sole directorship for a company that he didn't help create.
Last night, President Biden gave his first address to a joint session of Congress. Over an hour and five minutes, the president touched on just about every major issue facing the county right now, and called for investment in the American economy and social safety net.
