Tag: business

The Legal Disputes Behind the High-Profile Tech Rivalry

A look into the contentious legal battles revealing the realities behind celebrated tech visionaries’ public images.

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SoftBank Surpasses Toyota as Japan’s Most Valuable Company Amid AI Boom

SoftBank has overtaken Toyota as Japan’s most valuable company, driven by rapid growth in AI investments amid shifts in the automotive market.

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Anthropic Submits Draft S-1 to SEC, Signaling Potential IPO Preparation

AI startup Anthropic has filed a draft S-1 registration statement with the SEC, marking a step toward a potential initial public offering.

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Sony Unveils Final Independently Developed TV Models Ahead of TCL Partnership

Sony reveals two premium TV models, marking its last independently developed sets before merging home theater division with TCL next year.

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MediaTek Expands Packaging Options with Intel’s Advanced Services

MediaTek now allows its chip customers to leverage packaging services from both TSMC and Intel, broadening its manufacturing capabilities.

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Xiaomi Sees Sharp Decline in Smartphone Shipments Amid Strong Electric Vehicle Sales in Q1 2026

Xiaomi’s smartphone shipments dropped nearly 20% in early 2026, while its electric vehicle sales continue to show positive momentum.

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Nearly All CEOs Anticipate AI-Driven Job Cuts Within Two Years, Mercer Survey Finds

A Mercer survey reveals 99% of company leaders foresee workforce reductions linked to AI adoption in the next two years.

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Wingtech Seeks $1.18 Billion in Damages from Nexperia Amid Dutch Government Control

Chinese firm Wingtech is demanding $1.18 billion in damages from Nexperia following Dutch government takeover of the chipmaker.

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Donald Trump Mistakenly Invests $1 Million in Sushi Chain Instead of AI Hardware Manufacturer

Donald Trump unintentionally invested $1 million in a sushi restaurant chain, confusing it for an AI hardware company amid his tech stock dealings.

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ASML CEO Confirms Elon Musk’s Strong Commitment to TeraFab Chip Manufacturing Plant

ASML CEO Christophe Fouquet confirms Elon Musk’s serious dedication to building TeraFab, one of the largest chip production facilities ever planned.

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Samsung Shares Surge Over 6% Following Suspension of Major Strike

Samsung Electronics stock jumped over 6% after its union paused an 18-day strike, easing concerns about production disruptions.

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Nvidia CEO Acknowledges Yielding Chinese Market to Huawei Amid Hopper Accelerator Absence

Nvidia’s CEO admits the company did not supply Hopper accelerators to China this year, ceding the market to competitor Huawei.

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