{"id":543331,"date":"2022-01-25T13:52:10","date_gmt":"2022-01-25T13:52:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/hyundai-anticipates-easing-of-global-chip-shortage-in-2q2022-metas-promise-of-internet-without-charge-ended-up-costing-mns-is-publishing-making-a-comeback\/"},"modified":"2022-01-25T13:52:10","modified_gmt":"2022-01-25T13:52:10","slug":"hyundai-anticipates-easing-of-global-chip-shortage-in-2q2022-metas-promise-of-internet-without-charge-ended-up-costing-mns-is-publishing-making-a-comeback","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/hyundai-anticipates-easing-of-global-chip-shortage-in-2q2022-metas-promise-of-internet-without-charge-ended-up-costing-mns-is-publishing-making-a-comeback\/","title":{"rendered":"Hyundai anticipates easing of global chip shortage in 2Q2022 + Meta\u2019s promise of internet without charge ended up costing mns + Is publishing making a comeback?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Hyundai\u2019s crystal ball says the global c<\/strong><strong>hip <\/strong><strong>shortage could ease next quarter: <\/strong>The South Korean automaker expects its vehicle production to rebound in the first half of this year as the capacity of the global semiconductor industry rises during 2Q2022, Executive Vice President Seo Gang Hyun said in a conference call, reports <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/hyundai-motors-q4-profit-misses-estimates-2022-01-25\/\">Reuters<\/a>. The omicron variant will continue to disrupt chip manufacturing in Asia as lockdowns are set and cases spread, but the impact should begin to subside in the coming months, he added. Hyundai and its affiliate Kia have forecast a 12.1% y-o-y jump in their combined global sales in 2022, after the past year saw the two companies fall almost 4% short of a target of 6.92 mn vehicles due to the chip shortages.<\/p>\n<p><strong>Meta\u2019s promise of internet at no charge ended up costing the world\u2019s poorest USD<\/strong><strong> mns.<\/strong> Software problems at Meta \/ Facebook, which the company knew about and failed to fix, led to the company\u2019s efforts to the world\u2019s poorest online through apps and services to backfire, reports <a href=\"https:\/\/www.wsj.com\/articles\/facebook-free-india-data-charges-11643035284?mod=hp_lead_pos5\">The Wall Street Journal<\/a>. The plan, which saw the company reach agreements in 2015, with <a href=\"https:\/\/tribune.com.pk\/story\/893873\/facebook-formally-launches-its-limited-free-internet-org-in-pakistan\">cellular carriers<\/a> in countries like Pakistan, Indonesia and the Philippines, was meant to allow people from low-income brackets to use a limited version of Facebook and other websites without data charges through <a href=\"https:\/\/www.facebook.com\/connectivity\/\">internet.org<\/a>. Internal company documents showed that many of these ended up being charged for them, resulting in people unknowingly being charged for using data worth up to USD 7.8 mn monthly for the fiscal year ended July 2021.<\/p>\n<p><strong>WATCH THIS SPACE- VCs poured USD 1.4 bn into publishing startups in the US<\/strong><strong> and Europe in 2021<\/strong>, doubling their investments from previous years, as interest in specialized publications that can attract a \u201cloyal, engaged community of readers\u201d grows, reports <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-24\/axios-punchbowl-protocol-other-online-news-sites-attract-investor-interest?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. Publications are increasingly monetizing through digital subscriptions, licensing, advertising and commercial ventures, and only expanding into adjacent fields once they have secured a passionate and loyal reader base. Competing in general interest categories is still proving to be challenging \u2014 not to mention expensive \u2014 for most publishers.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The Beatles memorabilia will be featured in the digital auction, Lennon<\/strong><strong> Connection: The NFT Collection<\/strong>, with items including outfits worn by John Lennon and Paul McCartney\u2019s handwritten notes, reports <a href=\"https:\/\/www.rollingstone.com\/music\/music-news\/john-lennon-beatles-nft-auction-julian-lennon-1289639\/\">Rolling Stone<\/a>. The items, which are being offered as audio-visual non-fungible tokens (NFTs) by John Lennon\u2019s son, are available as images with narration by Julian Lennon (in other words, buyers won\u2019t actually take anything home). The items include three Gibson guitars that belonged to Lennon, which are expected to sell for USD 6-8 k, Lennon\u2019s black cape from the film Help!, among other clothing items, which are expected to sell for USD 8-20 k and handwritten notes written by Paul McCartney for the song Hey Jude, which is expected to go for USD 50-70 k. Part of the proceeds from the sales of the NFTs will go to Lennon\u2019s White Feather Foundation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyundai\u2019s crystal ball says the global chip shortage could ease next quarter: The South Korean automaker expects its vehicle production to rebound in the first half of this year as the capacity of the global semiconductor industry rises during 2Q2022, Executive Vice President Seo Gang Hyun said in a conference call, reports Reuters. The omicron [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":543332,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[653,633,647,638,9271,7198,649,474,645],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-chip-shortage","tag-enterprisepm","tag-facebook","tag-for-your-commute","tag-hyundai","tag-meta","tag-nfts","tag-pakistan","tag-semiconductors","wpautop","entry"],"acf":{"mongo_id":"43e44221-118a-4291-a76e-ad72e5d336ac","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/1\/510.jpg","photo_position":"above","related_issue":[543327],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hyundai anticipates easing of global chip shortage in 2Q2022 + Meta\u2019s promise of internet without charge ended up costing mns + Is publishing making a comeback? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/hyundai-anticipates-easing-of-global-chip-shortage-in-2q2022-metas-promise-of-internet-without-charge-ended-up-costing-mns-is-publishing-making-a-comeback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyundai anticipates easing of global chip shortage in 2Q2022 + Meta\u2019s promise of internet without charge ended up costing mns + Is publishing making a comeback?\" \/>\n<meta property=\"og:description\" content=\"Hyundai\u2019s crystal ball says the global chip shortage could ease next quarter: The South Korean automaker expects its vehicle production to rebound in the first half of this year as the capacity of the global semiconductor industry rises during 2Q2022, Executive Vice President Seo Gang Hyun said in a conference call, reports Reuters. 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The global chip shortage \u2014 one of the biggest legacy pains of the covid-era \u2014 may be subsiding, as a number of major manufacturers, including Intel and Nvidia are warning of \u201crockier months ahead,\u201d with inflation being cited as a major contributor to\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/349.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545363,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/chip-shortage-looks-like-its-staying-with-us-a-while-longer-crypto-com-to-back-fifa-world-cup\/","url_meta":{"origin":543331,"position":1},"title":"Chip shortage looks like it\u2019s staying with us a while longer + Crypto.com to back Fifa World Cup","author":"enterpriseam admin","date":"23 March 2022","format":false,"excerpt":"And the chip shortage lives on: Chipmakers\u2019 expansion plans to meet the growing demand and fill the gap between supply and demand will reportedly be constrained thanks to a shortage of critical equipment. \u201cNext year and the year after there will be shortages \u2026 We\u2019re going to ship more machines\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/548.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545211,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/taiwan-rushes-to-set-up-chip-schools-amid-global-shortage-getting-a-degree-abroad-gives-african-founders-an-edge\/","url_meta":{"origin":543331,"position":2},"title":"Taiwan rushes to set up chip schools amid global shortage + Getting a degree abroad gives African founders an edge","author":"enterpriseam admin","date":"13 March 2022","format":false,"excerpt":"Is getting a degree abroad giving African startup founders an edge with securing investments? That\u2019s what a recent analysis by The BigDeal, a newsletter covering African startup investments, suggests. 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