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U.S., in Chip War with China, Extends Some Allowances for Asian Allies
Business

U.S., in Chip War with China, Extends Some Allowances for Asian Allies

Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. Source

Google Trial Spills Details on Search Engine's Deals With Apple, Samsung
Business

Google Trial Spills Details on Search Engine's Deals With Apple, Samsung

The company says it was offering the better product, while the Justice Department argues the agreements were illegal. Source link

Roku to Cut 10% of Staff to Rein In Rising Expenses
Business

Roku to Cut 10% of Staff to Rein In Rising Expenses

The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link

Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far
Business

Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far

The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. Source link

The AI Boom Isn't Breaking the Memory-Chip Slump---Yet
Business

The AI Boom Isn't Breaking the Memory-Chip Slump—Yet

Samsung Electronics forecast a 96% drop in its operating profit for its second quarter—a sign that even the world’s largest maker of memory chips isn’t

Samsung Forecasts Worst Profit in Over a Decade as Tech Slump Hits Memory Chips
Business

Samsung Forecasts Worst Profit in Over a Decade as Tech Slump Hits Memory Chips

Tech South Korean firm said it would cut memory-chip production, joining rivals in addressing supply glut Source link

Disney, First Citizens, Alibaba: Stocks That Defined the Week
Finances

Disney, First Citizens, Alibaba: Stocks That Defined the Week

Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link