Tag: business news

TSMC has raised employee bonuses by more than 30% amid labor tensions, ahead of union negotiations seen at Samsung Electronics.

Samsung’s chairman issued an apology to global customers as a potential strike involving up to 50,000 employees threatens the chipmaker’s operations.

Nvidia founder and CEO Jensen Huang saw a 27% drop in earnings last fiscal year as the company’s stock growth rate slowed.

Canon closes another laser printer manufacturing plant, citing declining paper usage and rising competition from Chinese firms.

GameStop offers $56 billion to acquire eBay, valuing the online auction giant at $125 per share, about 20% above Friday’s closing price.

Apple names John Ternus as new CEO starting September 2026, with Tim Cook moving to executive chairman role in a planned leadership transition.

SoftBank has arranged a $40 billion interim loan to increase its investment in OpenAI and support broad corporate initiatives.

Bloomberg points to a top contender as the potential successor to Tim Cook, igniting renewed discussions on Apple’s leadership transition.

SpaceX closed 2025 with an $8 billion profit and $15–16 billion in revenue, positioning for a potential IPO valued up to $1.5 trillion.

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