Samsung union targets cutting-edge AI chip factories as strike eases
(Bloomberg) — Samsung Electronics Co.’s largest union is calling on workers at one of the company’s most advanced AI memory chip factories to strike, changing...
OpenAI partners with Los Alamos to test the benefits of AI for laboratory work
(Bloomberg) — OpenAI is partnering with Los Alamos National Laboratory, best known for developing the world’s first atomic bomb, to explore the opportunities and risks...
Samsung workers plan ‘indefinite’ strike to threaten global tech industry
(Bloomberg) — Samsung Electronics Co.’s union of more than 28,000 employees has called an indefinite strike, jeopardizing production at the world’s largest memory chip maker....
Bank of Israel expects longer war and less scope for interest rate cuts
(Bloomberg) — Israel’s central bank issued a new outlook that predicted the country faces a longer and more intense war and left interest rates unchanged...
Samsung union increases pressure on pay with three-day strike
(Bloomberg) — More than 6,500 workers at Samsung Electronics Co. walked off the job on Monday to rally for better wages, the start of the...
Hedge funds are changing Tokyo’s exclusive club of government bond traders
(Bloomberg) — When Hiroyuki Kubota’s boat party for Japanese government bond traders and strategists resumed last fall after a multi-year hiatus, there was reason to...
Report: Apple Watch Series 10 offers bigger screens and a faster chip, but new health features in trouble
The Apple Watch Series 10 will feature a larger display and a new chip, but new health monitoring features for the device are now in...
Discover agrees to settle class action lawsuit over merchant overcharging
(Bloomberg) — Discover Financial Services, the credit card company that agreed to be acquired by Capital One Financial Corp., said it has reached an agreement...
NATO member: China can end Ukraine war with a single phone call to Putin
China could be key to ending Russia’s war in Ukraine, Finnish President Alexander Stubb said in an interview with Bloomberg on Tuesday. China’s influence on...
Former banker behind chipmaker Renesas aims for value of 100 billion dollars
(Bloomberg) — Ten years ago, Renesas Electronics Corp. was under government control and losing money. The Japanese chipmaker is now worth $35 billion and is...