Business

Honor rebrands with 'Dare to be' ... Honor rebrands with 'Dare to be' slogan and AI ambitions to rival Samsung and Apple The Chinese phone maker drops 'Go beyond,' adopts a new color, and sets its sights on becoming an AI ecosystem player in Europe. July 23, 2026, 7:33 p.m.
Samsung Galaxy Card Is Here: 5% ... Samsung Galaxy Card Is Here: 5% Back on Samsung Gear, Issued by Barclays Samsung's first credit card runs on Visa, integrates with Samsung Wallet, and beats Apple Card's rewards on hardware purchases — but only in the US for now. July 21, 2026, 3:12 p.m.
LG is closing its oldest China ... LG is closing its oldest China factory and walking away from budget audio The Huizhou plant, open since 1993, will stop production by October 2026 — LG is outsourcing cheap speakers to Chinese rivals and betting on premium audio instead. July 21, 2026, 2:32 p.m.
$111 Billion Paramount–Warner Merger Blocked by ... $111 Billion Paramount–Warner Merger Blocked by US States A California judge issued a temporary restraining order July 20, pausing the deal until at least August 3 after 12 states sued over monopoly concerns. July 21, 2026, 1:02 p.m.
TSMC Posts Record Profits — Then ... TSMC Posts Record Profits — Then Its Stock Fell Anyway A $40 billion quarter and 77% profit growth weren't enough to impress investors spooked by a massive capex hike and shrinking margin forecasts. July 19, 2026, 4:16 p.m.
Jensen Huang's leather jacket sells for ... Jensen Huang's leather jacket sells for $960,000 at Sotheby's The NVIDIA CEO's signed Tom Ford jacket fetched 16 times its pre-auction estimate, with all proceeds going to a nonprofit funding tech fellowships and residencies. July 19, 2026, 12:30 p.m.
Apple is hunting AI chip startups ... Apple is hunting AI chip startups as its in-house silicon falls short For the first time in decades, Apple is talking to chip startups and financial bankers about acquisitions — a sign its own server silicon can't keep up with AI demand. July 16, 2026, 3:15 a.m.
Third-party app stores are coming to ... Third-party app stores are coming to Google Play on July 22 A US court injunction — not a regulatory deal — forces Google to open its Play Store catalog to competing app stores for the first time. July 15, 2026, 8:28 p.m.
AI Premium: stock markets are pricing ... AI Premium: stock markets are pricing in AI gains before companies earn them A Yale-led study of 380 trillion AI tokens finds companies with high AI exposure earn 0.64% more per week — driven entirely by investor expectations, not actual profits. July 14, 2026, 4:10 p.m.
TSMC's June revenue jumped 68% — ... TSMC's June revenue jumped 68% — and the AI chip bottleneck just moved The world's dominant chipmaker posted $13.8B in a single month. Now the constraint isn't making chips — it's packaging them. July 14, 2026, 1:19 p.m.
Apple sues OpenAI for trade secret ... Apple sues OpenAI for trade secret theft, names 400+ poached engineers A federal lawsuit filed in Northern California accuses OpenAI of running a coordinated scheme to steal hardware secrets — and the company's IPO ambitions now hang in the balance. July 11, 2026, 3:49 a.m.
Apple locks in $30B Broadcom deal ... Apple locks in $30B Broadcom deal for 15 billion US-made chips through 2031 The agreement is the largest single commitment under Apple's American Manufacturing Program and covers the RF and wireless components that keep iPhones connected. July 10, 2026, 2:28 p.m.
Redmi sells 5.5 million phones in ... Redmi sells 5.5 million phones in six months — and the cheap model is doing all the heavy lifting The Redmi K90 and Turbo 5 lines have shifted 5.5 million units since launch, with the base K90 outselling its premium siblings six to one. July 7, 2026, 3:56 p.m.
Alibaba wins court reprieve from Pentagon ... Alibaba wins court reprieve from Pentagon lobbying ban — but has 60 days to prove its case A federal judge temporarily blocked the DoD from enforcing a rule that cost Alibaba every one of its registered lobbyists in Washington. July 7, 2026, 3:35 a.m.
Samsung's Mobile Division Posts Its First-Ever ... Samsung's Mobile Division Posts Its First-Ever Loss — and Its Own Chip Unit Is Part of the Problem Samsung's semiconductor division is making record profits selling memory to AI companies, while the phone unit that makes Galaxy devices is bleeding cash for the first time in its history. July 6, 2026, 7:40 p.m.
Midjourney wants Hollywood studios to open ... Midjourney wants Hollywood studios to open up about their own AI use The AI image company is fighting a court ruling that limits what Disney, Universal, and Warner Bros. have to disclose in their copyright lawsuit. July 6, 2026, 3:41 a.m.
Samsung is raising memory prices again ... Samsung is raising memory prices again — and your next phone or laptop will feel it A planned 20% DRAM and LPDDR price hike in Q3 2026 marks three straight quarters of increases, and analysts don't expect relief before 2027 at the earliest. July 5, 2026, 12:27 p.m.
EU's top court finalizes €4.1bn Android ... EU's top court finalizes €4.1bn Android fine against Google — and the legal fallout is just beginning The European Court of Justice has dismissed Alphabet's last appeal, making the €4.125bn penalty permanent and opening the door to unlimited follow-on damages claims across 13 nations. July 3, 2026, 7:29 p.m.
Anthropic Is in Talks with Samsung ... Anthropic Is in Talks with Samsung to Build Its Own AI Chips The Claude maker wants custom silicon on Samsung's 2nm process — joining OpenAI, Google, and Meta in a push to reduce dependence on NVIDIA. July 3, 2026, 1:09 p.m.
Sony's disc factory is already retooling ... Sony's disc factory is already retooling — physical PlayStation games aren't coming back The Austrian plant that prints 600,000 discs a day has begun converting to optical microlenses, backed by a €30M investment. January 2028 is now a hard deadline. July 3, 2026, 12:24 p.m.
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