Industry

Samsung Electronics Appoints New Chief for Semiconductor Business Amid Intense AI Chip Market Competition

Samsung Electronics Appoints New Chief for Semiconductor Business Amid Intense AI Chip Market Competition

Samsung Electronics has appointed a new chief for its semiconductor division to strengthen its position in the competitive AI chip market.


Donald Trump's Social Media Company Receives Inquiry From Financial Industry Regulatory Authority

Trump Media & Technology Group, the owner of former President Donald Trump's social media company Truth Social, disclosed that it had coordinated with the Financial Industry Regulatory Authority (FINRA).

Top US Natural Gas Producer Chesapeake Energy Starts Laying Off Employees After Its Divestment of Eagle Ford Assets

Chesapeake Energy, a leading natural gas producer in the United States, has started laying off employees this week.

Stock Trader Ivan F. Boesky Dies at 87—Here's What To Know About the Man Inspiring 'Wall Street' Villain Gordon Gekko

American stock trader Ivan F. Boesky, the man who inspired "Wall Street" villain Gordon Gekko, dies at 87.


Latest News

Volkswagen Door Flaw Leads To Mass Recall; US NHTSA Says Over 50,000 EVs Affected
Volkswagen's door flaw concerns the U.S. NHTSA. Because of this, over 50,000 EVs are estimated to be affected by the mass recall.
Red Lobster Abruptly Closes Many Locations
Red Lobster has filed for Chapter 11 bankruptcy protection, citing high operational costs and an unprofitable unlimited shrimp promotion. It plans to transfer control to its lenders with $100 million in financing from Fortress Investment Group.
OpenAI CEO Sam Altman Is 'Embarrassed' Over Company's Threat to Revoke Equity if Exiting Employees Refuse to Sign NDA
OpenAI CEO Sam Altman has been embarrassed by the company's policy of threatening to revoke vested equity from exiting employees who refused to sign a non-disclosure and non-disparagement agreement.
McDonald's Adds New 'Grandma McFlurry' to Its Dessert Menu for Limited Time
McDonald's is introducing a new limited-time dessert called the "Grandma McFlurry" to honor and celebrate grandmothers.
Blue Origin's New Shepard Rocket Flies Humans Again After 2022 Mishap
Blue Origin launched its first human spaceflight in two years after an uncrewed flight in 2022 forced the company to postpone its human spaceflights.
UK to Put Up Office in San Francisco to Address AI Risks
The UK is intensifying its efforts to assess and address AI risks by opening a new office in San Francisco.
Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About HIs Conduct
Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.
Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers
Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
SWITZERLAND-DAVOS-SUMMIT-POLITICS-ECONOMY
The EU has sought for more information about Microsoft's risk report on its generative AI tools.
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