Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - 26m -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - 15h -
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
Oracle saw massive growth today.Inc. - 16h -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - 1d -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - 8h -
SK Hynix profits beat Samsung’s for first time on AI boom
South Korean chipmaker expects sales of high-bandwidth memory products to more than double this yearFinancial Times - 12h -
United Airlines' first-quarter outlook outpaces estimates after profits surge to end 2024
United topped analysts' estimates for fourth-quarter earnings and the airline's first-quarter outlook.CNBC - 23h -
Sunfish that got sick recovers — thanks to human cutouts
A popular sunfish in Japan lost its appetite and banged on the side of its tank after the aquarium it lived in closed for renovations.CBS News - 1d -
Apple is accused of profiting from 'blood minerals'
The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.Financial Times - 2d -
TikTok returns service to U.S. users, thanking Trump
TikTok said Sunday that it would be restoring service to U.S. users after blocking it the evening before.NBC News - 3d -
Why the gold boom is causing a surge in illegal mining
Gold exports from Africa more than doubled between 2012 and 2022 from 243 metric tons to 609 metric tons.CNBC - 5d -
Yahoo Sports AM: Business is booming in women's sports
In today's edition: The future is now for women's sports, Baseball Hall of Fame voting update, previewing the NFL Divisional Round, another teen wins in Melbourne, Jeremiah Smith's path to stardom, ...Yahoo Sports - 6d -
Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.CNBC - 6d -
Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.MarketWatch - Jan. 16 -
TSMC can weather geopolitical tensions
Chipmaker well-placed to cope with disruption caused by increasing US restrictions on chip tech exports to ChinaFinancial Times - Jan. 16 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
AI set to fuel surge in new US gas power plants
Climate targets in peril as Big Tech turns to fossil fuels to feed energy demandFinancial Times - Jan. 13 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.CNBC - Jan. 10 -
Diffbot’s AI model doesn’t guess — it knows, thanks to a trillion-fact knowledge graph
Diffbot challenges AI giants with a breakthrough open-source language model that outperforms ChatGPT and Google Gemini by prioritizing real-time fact retrieval over large-scale parameters, marking ...VentureBeat - Jan. 9 -
How Narvar is using AI and data to enhance post-purchase customer experiences
How Narvar's new tech is using AI to harness the power of 42 billion consumer interactions a year to improve retail operations.VentureBeat - Jan. 9 -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - Jan. 8 -
Hyve aims to double in size as business conferences boom
UK-based group now under private equity ownership seeks acquisitions in corporate events marketFinancial Times - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
‘Fairy porn’: is this booming erotica genre an insult to Wales?
Some of these raunchy fantasy novels borrow heavily from Welsh mythology - prompting concerns about misrepresentation. Name: Fairy porn novels.. Age: Centuries old, but recently having a ...The Guardian - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
China’s drive to give Taiwanese visitors local IDs alarms Taipei
Officials fear jurisdiction will be compromised and push could open door for Beijing to intervene in its domestic affairsFinancial Times - Jan. 6 -
India’s next digital payments boom
Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party statsFinancial Times - Jan. 3 -
Dollar surges against the euro and sterling
US jobs data adds to investor confidence over strength of American economyFinancial Times - Jan. 2 -
The booming business of special needs education in England
The public spending watchdog warns that the system is becoming ‘financially unsustainable’ for councilsFinancial Times - Jan. 2
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Tips on overcoming the loss of cherished, personal belongings in disasters
Losing sentimental belongings can be traumatic for those who go through disasters that destroy homesABC News - 4h -
Families sue TikTok in France over teen suicides they say are linked to harmful content
Seven families are suing TikTok in France, accusing the platform of failing to moderate harmful content and exposing children to life-threatening materialABC News - 10h -
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires ...ABC News - 4h -
Samsung aims to turn its next generation of Galaxy smartphones into AI companions
Samsung is injecting another dose of artificial intelligence into the next version of its Galaxy smartphones, escalating an effort to simplify people’s lives while deepening their dependence on a ...ABC News - 22h -
Scientists detect chirping cosmic waves in an unexpected part of space
Scientists have detected cosmic waves that sound like chirping birds in an unexpected placeABC News - 1d
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