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Samsung cuts US jobs, offers relocations ahead of HQ move

Cuts highlight widening gap between booming chip business, struggling consumer electronics units Samsung Electronics has cut jobs at ​its US display, phone and other consumer electronics operations, affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with ‌the matter. The South Korean tech giant said on Sunday in a statement … Read more

Apple unseats Nvidia to become world’s most valuable company as AI bets shift

Apple held a $4.88T valuation, narrowly ahead of Nvidia at $4.86T after the chipmaker’s 3.5% drop Last month, the company rolled out a long-delayed overhaul of Siri, betting the upgraded assistant would help close the gap with Big Tech rivals and new-age startups in the crucial AI race. PHOTO: PEXELS Apple overtook Nvidia on Friday to become … Read more

Indonesia’s copyright rewrite puts Google, AI platforms on notice

Indonesia may become Southeast Asia’s first country to add AI rules to copyright law amid global debates A worker walks on the roof of Indonesian Parliament Building in Jakarta, Indonesia, December 5, 2022. REUTERS Indonesia is preparing sweeping changes to its copyright law, ​including granting copyright privileges to people who use artificial intelligence to help … Read more

SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler

Loeffler invested up to $10 million in xAI and SpaceX across two disclosures filed before and during 2025 US Small Business Administrator Kelly Loeffler speaks during a Small Business Summit in the East Room at the White House in Washington, DC, US, May 4, 2026. REUTERS US Small Business ​Administration head Kelly Loeffler multiplied the … Read more