Samsung Electronics said on Friday it would make a “meaningful” cut to chip production after flagging a worse-than-expected 96% plunge in quarterly operating profit, as a sharp downturn in the global semiconductor market worsens. Shares in the world’s largest memory chip and TV maker rose 3% in early trading, while rival SK Hynix shares surged […]
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After TikTok CEO Shou Chew testified for more than five hours on Thursday before a Congressional committee, one thing was clear: US lawmakers remain convinced that TikTok is an urgent threat to national security. The hearing, Chew’s first appearance before Congress, kicked off with a lawmaker calling for TikTok to be banned and remained combative […]
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We visited the distribution center in Cividate al Piano, in the province of Bergamo, to understand what Black Friday is like as seen from the side of the world’s largest e-commerce site Outside is the Po Valley, vast expanses of nothingness lit by the pale sun of an autumn day. Which is no ordinary day, […]
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