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Samsung Electronics changes chip chiefs after Chairman Lee confronts 'crisis'

November 27 2024 | TW News Correspondent

Samsung Electronics (005930.KS), opens new tab sought to inject impetus into its memory and foundry chip units by appointing new leaders on Wednesday, as it scramb...
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Big Bang: Trump and Musk could redefine US space strategy

November 27 2024 | TW News Correspondent

Should NASA return to the Moon, or go straight to Mars? Maintain its focus on climate science, or pivot away?

President-elect Donald Trump’s second term, alongside SpaceX CEO and new consigliere Elon Musk, co...
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US govt calls for breakup of Google and Chrome

November 27 2024 | TW News Correspondent

The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.

In a court filing, the US Department of Justice urged a shake-up of Google's business that includes banning deals for Google to be the default search engine on smartphones and preventing it from exploiting its Android mobile operat...
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US finalizes $7.86 billion chips manufacturing award for Intel

November 26 2024 | TW News Correspondent

The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel (INTC.O), opens new tab, down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon.

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TikTok’s Fate Teeters as U.S. Court Prepares December Ruling

November 26 2024 | TW News Correspondent

A U.S. federal appeals court is expected to rule in December on the legality of a law pressuring TikTok’s parent company, China’s ByteDance, to sell or divest its U.S. op...
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Sony Teases New Handheld Gaming Console

November 26 2024 | TW News Correspondent

Sony is reportedly developing a new handheld gaming console capable of running PlayStation 5 (PS5) games natively, according to Bloomberg News. Unlike the PlayStation Portal, released last year as a remote-play device reliant on Wi-Fi, this new device is expected to operate without internet...
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South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

November 25 2024 | TW News Correspondent

South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics (005930.KS), opens new tab Chairman Jay Y. Lee over actions in a controversial merger of affiliates that helped solidify...
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Cyberattacks cost British businesses $55 billion in past five years, broker says

November 25 2024 | TW News Correspondent

Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least o...
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French government offers to buy Atos' advanced computing activities

November 25 2024 | TW News Correspondent

French IT firm Atos (ATOS.PA), opens new tab has entered negotiations with the government over the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 milli...
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