Samsung reports Q4 revenue up 24% YoY to ~$65.6B, vs. ~$65.28B est., and operating profit up 200%+ to ~$14.06B, driven by memory chip price hikes and HBM demand
Samsung Electronics shares rose 2.4% Thursday after the company reported an over threefold surge in fourth-quarter operating profits …
SK Hynix reports Q4 revenue up 66% YoY to $23B, above ~$22.4B est., and operating profit up 137% YoY to $13.3B, both company records, driven by AI HBM demand
South Korea's SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by surging memory prices and demand …
Sources: the Trump administration dismissed two Commerce Department officials, who focused on Chinese tech threats, raising concerns about a softening stance
Sources: the Trump administration dismissed two Commerce Department officials, who focused on Chinese tech threats, raising concerns about a softening stance
Departing staffers worked for a Commerce Department office charged with protecting the U.S. from Chinese technological advances
Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports
Chinese officials have told the country's largest tech firms including Alibaba Group Holding Ltd. they can prepare orders …
The UK CAT refuses to let Apple appeal a ruling that it abused its dominance by charging “excessive and unfair” App Store fees; lawyers: the damages are £1B+
Sam Tobin / Reuters :
Nvidia opposes the GAIN AI Act, saying the proposed US law forcing AI chipmakers to sell to US buyers first is “just another variation of the AI Diffusion Rule”
Nvidia (NVDA.O) said on Friday the AI GAIN Act would restrict global competition for advanced chips …
Google launches Little Language Lessons, three experimental AI tools to help users learn phrases in a new language, expressions and slang, and vocabulary tips
Google on Tuesday is releasing three new AI experiments aimed at helping people learn to speak a new language in a more personalized way.
US v. Google: Chrome General Manager Parisa Tabriz testified that only Google can run Chrome, given the browser's “interdependencies” on other parts of Google
Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today …
US DHS issues guidance on adopting AI in critical infrastructure, identifying AI-driven attacks, targeted attacks on AI systems, and design flaws as core risks
A new series of recommendations from the U.S. Department of Homeland Security is designed to enable cloud providers, AI developers …
IBM reports Q3 revenue up 1% YoY to $14.97B, vs. $15.07B est., and says bookings for AI consulting and software have exceeded $3B, up more than $1B QoQ
Jordan Novet / CNBC :
Fuji Soft's board decided to keep backing KKR's ~$4B buyout offer despite Bain's $4.2B bid, in a rare battle between PE titans over a Japanese software company
Private equity titans cause a stir in the country, with a rare battle over Japanese software company
Matt Shumer, who was accused of fraud over HyperWrite's 70B-parameter AI model, says he “got ahead” of himself but doesn't explain why his model underperformed
Matt Shumer, co-founder and CEO of OthersideAI, also known as its signature AI assistant writing product HyperWrite …
Startups say Pakistan's new China-like firewall is making it harder for them to raise funds, amid complaints about censorship and internet speeds falling by 40%
Kunwar Khuldune Shahid / Rest of World :
Sources: xAI discussed a deal that would give Tesla access to its AI models to help power Full Self-Driving in exchange for a share of Tesla's software revenue
Under a proposed arrangement, the startup would give Tesla access to its AI technology in exchange for a slice of the carmaker's software revenue
Brazil blocks X, following an order from Supreme Court Justice Alexandre de Moraes after Elon Musk refused to name a legal representative in the country
The blocking of social media platform X in Brazil divided users and politicians over the legitimacy of the ban, and many Brazilians …
WISPAP says Pakistan's internet speeds have dropped 30%-40% over the past few weeks; many in tech believe the government is testing an internet firewall
Zofeen T Ebrahim / The Guardian :
A look at Foxconn's struggles to manufacture the iPhone 15 in India, contending with language barriers, labor disputes, regulatory hurdles, and more
Chinese engineers are flying to India to train the next generation of iPhone builders. — • SUNGUVARCHATRAM, INDIA