Business

EU's break from Chinese tech could ... EU's break from Chinese tech could cost $433 billion — and that number comes with an asterisk A study commissioned by China's official EU trade body puts the price of removing Chinese suppliers from 18 critical sectors at $433bn — but the figure is as much lobbying as it is analysis. yesterday
Samsung hits $1 trillion market cap ... Samsung hits $1 trillion market cap on record AI chip profits Samsung's Q1 2026 operating profit surged more than 8x year-on-year as AI-driven memory demand sends the stock to an all-time high. May 6, 2026, 3:39 p.m.
Geely is buying Ford's idle Spanish ... Geely is buying Ford's idle Spanish factory line to dodge EU tariffs The Chinese automaker plans to build over 300,000 cars a year in Valencia — and its first model could arrive in the UK this summer for around £20,000. May 6, 2026, 12:32 p.m.
Apple settles $250M lawsuit over Siri ... Apple settles $250M lawsuit over Siri AI features that never arrived Up to $95 per device for eligible iPhone 16 and 15 Pro buyers in the US — but Apple admits no wrongdoing, and European customers get nothing. May 6, 2026, 4:45 a.m.
AI insiders cashed out $4.6 billion ... AI insiders cashed out $4.6 billion — and bought almost nothing back Executives at Nvidia, Palantir, and Broadcom have been selling shares at a record pace. The absence of insider buying tells the sharper story. May 4, 2026, 4:30 p.m.
Samsung's $8B inheritance tax saga is ... Samsung's $8B inheritance tax saga is finally over — and the family kept control The Lee family just completed the largest inheritance tax payment in South Korean history, clearing a five-year cloud over Samsung's ownership structure. May 4, 2026, 3:10 p.m.
Apple's next CEO is a hardware ... Apple's next CEO is a hardware engineer — and that changes everything Tim Cook hands the reins to John Ternus on September 1, 2026. The shift from operations veteran to product engineer signals Apple is betting on riskier innovation in AI, robotics, and new device categories. May 4, 2026, 2:47 p.m.
AI data centers have bought out ... AI data centers have bought out hard drive supply through 2028 — and you'll pay for it Western Digital and Seagate have locked hyperscalers into multi-year contracts, leaving consumer and SMB storage buyers facing 50% price hikes and indefinite out-of-stock notices. May 4, 2026, 2:40 p.m.
Rivian cuts Georgia factory loan by ... Rivian cuts Georgia factory loan by $2.1B — and calls it a win The Trump administration trimmed Rivian's DOE loan to $4.5B. The company says it can build more cars with less money — but the math still has holes. May 4, 2026, 11:47 a.m.
GameStop wants to buy eBay for ... GameStop wants to buy eBay for $56 billion — and turn its stores into fulfillment hubs Ryan Cohen's unsolicited bid would use GameStop's 1,600 retail locations to take on Amazon, but a $27 billion financing gap and analyst skepticism make the deal a long shot. May 4, 2026, 10:40 a.m.
Ask.com shuts down after 25 years, ... Ask.com shuts down after 25 years, closing the book on Ask Jeeves The search engine that let you ask questions in plain English went offline on May 1, 2026 — decades before AI made that idea mainstream. May 4, 2026, 3:32 a.m.
China Southern orders 137 Airbus jets ... China Southern orders 137 Airbus jets in a $21B deal Boeing can only watch China's largest airline is betting big on A320neo narrowbodies as Boeing's geopolitical freeze locks it out of the world's busiest aviation market. May 1, 2026, 7:57 p.m.
iPhone 17 breaks sales records — ... iPhone 17 breaks sales records — but Apple can't make enough of them TSMC is prioritizing AI chips over Apple's A19 processors, squeezing supply just as demand hits an all-time high — and iPhone 18 prices could climb further. May 1, 2026, 5:55 p.m.
OnePlus and Realme Are Merging Under ... OnePlus and Realme Are Merging Under Oppo — and OnePlus Is Leaving Europe Oppo is folding its two sub-brands into a single unit. OnePlus shuts European operations in April 2026, and its future in the US is unclear. April 30, 2026, 1:53 p.m.
OnePlus and Realme merge R&D — ... OnePlus and Realme merge R&D — and OnePlus's "independent" identity may not survive OPPO has folded both brands into a single product center, sharing engineering and design. For OnePlus fans in the West, the writing may be on the wall. April 30, 2026, 12:26 p.m.
Boeing 787 Dreamliner: planes are built, ... Boeing 787 Dreamliner: planes are built, but they can't leave the lot Engine shortages and uncertified premium seats are holding finished 787s on the ground — and Boeing's Q1 delivery numbers show the scale of the problem. April 30, 2026, 11:04 a.m.
Galax shuts down: AI's appetite for ... Galax shuts down: AI's appetite for silicon claims another GPU maker Palit Microsystems has absorbed Galax, dismissed its entire global team, and closed its Hong Kong office — leaving the cult Hall of Fame GPU brand in limbo. April 29, 2026, 1:53 p.m.
Lenovo buys its BIOS maker of ... Lenovo buys its BIOS maker of 20 years — here's why that matters Lenovo has completed the acquisition of Phoenix Technologies' firmware business, bringing its ThinkPad BIOS in-house and giving it an edge over Dell and HP in the AI-PC era. April 28, 2026, 2:54 p.m.
OpenAI drops Microsoft exclusivity, opening its ... OpenAI drops Microsoft exclusivity, opening its AI to any cloud A renegotiated deal lets OpenAI work with AWS, Google Cloud, and others — while Microsoft keeps first-launch rights on Azure through 2032. April 28, 2026, 5:08 a.m.
Amazon tears down Wondery to build ... Amazon tears down Wondery to build a celebrity podcast empire After cutting 110 jobs and dissolving Wondery as a standalone studio, Amazon is betting on merch, video, and live events — not audio ads — to make podcasts pay. April 27, 2026, 3:52 a.m.
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